Civic Intelligence

Bank of the Carolinas

Plan context: Boc Financial Corp. Employee Stock Ownership Plan & Trust

EIN 56-0266550 • 9 filings • 2 plans

Current Snapshot

Latest Year

2003

2003 Participants

7

2003 Assets

$434,686

2003 Contributions

$30,000

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$1,006,945$503,473$0199920012002YearValue
$434,686Latest year 2002

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

740199920012002YearValue
7Latest year 2002

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
200310$0$0-
Boc Financial Corp. Employee Stock Ownership Plan & Trust-0---
200227$434,686$0-
Boc Financial Corp. Employee Stock Ownership Plan & Trust-7$434,686--
Bank of the Carolinas Profit Sharing Plan-0---
200127$378,393$30,000$4,286iApproximate average salary by contribution assumption: employee only about $107,143 at 4% or $71,429 at 6%; with 50% employer match about $71,429 at 4% or $47,619 at 6%; with 100% employer match about $53,571 at 4% or $35,714 at 6%.
Bank of the Carolinas Profit Sharing Plan-7$378,393$30,000$4,286iApproximate average salary by contribution assumption: employee only about $107,143 at 4% or $71,429 at 6%; with 50% employer match about $71,429 at 4% or $47,619 at 6%; with 100% employer match about $53,571 at 4% or $35,714 at 6%.
Boc Financial Corp. Employee Stock Ownership Plan & Trust-7---
200026$1,006,945$150,716$25,119iApproximate average salary by contribution assumption: employee only about $627,983 at 4% or $418,656 at 6%; with 50% employer match about $418,656 at 4% or $279,104 at 6%; with 100% employer match about $313,992 at 4% or $209,328 at 6%.
Boc Financial Corp. Employee Stock Ownership Plan & Trust-6$645,205$121,468$20,245iApproximate average salary by contribution assumption: employee only about $506,117 at 4% or $337,411 at 6%; with 50% employer match about $337,411 at 4% or $224,941 at 6%; with 100% employer match about $253,058 at 4% or $168,706 at 6%.
Bank of the Carolinas Profit Sharing Plan-6$361,740$29,248$4,875iApproximate average salary by contribution assumption: employee only about $121,867 at 4% or $81,244 at 6%; with 50% employer match about $81,244 at 4% or $54,163 at 6%; with 100% employer match about $60,933 at 4% or $40,622 at 6%.
199926$982,180$126,766$21,128iApproximate average salary by contribution assumption: employee only about $528,192 at 4% or $352,128 at 6%; with 50% employer match about $352,128 at 4% or $234,752 at 6%; with 100% employer match about $264,096 at 4% or $176,064 at 6%.
Boc Financial Corp. Employee Stock Ownership Plan & Trust-6$650,471$99,203$16,534iApproximate average salary by contribution assumption: employee only about $413,346 at 4% or $275,564 at 6%; with 50% employer match about $275,564 at 4% or $183,709 at 6%; with 100% employer match about $206,673 at 4% or $137,782 at 6%.
Bank of the Carolinas Profit Sharing Plan-6$331,709$27,563$4,594iApproximate average salary by contribution assumption: employee only about $114,846 at 4% or $76,564 at 6%; with 50% employer match about $76,564 at 4% or $51,043 at 6%; with 100% employer match about $57,423 at 4% or $38,282 at 6%.