Civic Intelligence

Morganton Savings Bank

Plan context: Morganton Savings Bank Profit Sharing Plan

EIN 56-0327830 • Morganton, NC • 51 filings • 5 plans

P O Box 1509Morganton, NC 28680
Current Snapshot

Latest Year

2025

2025 Participants

10

2025 Assets

$1,928,661

2025 Contributions

$241,105

Historical Graphs

Total Assets Over Time

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

$4,187,822$2,093,911$0199920152025YearValue
$1,928,661Latest year 2025

Participants Over Time

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

1470199920132025YearValue
10Latest year 2025

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
2025110$1,928,661$241,105$24,111iApproximate average salary by contribution assumption: employee only about $602,763 at 4% or $401,842 at 6%; with 50% employer match about $401,842 at 4% or $267,894 at 6%; with 100% employer match about $301,381 at 4% or $200,921 at 6%.
Morganton Savings Bank Profit Sharing Plan-10$1,928,661$241,105$24,111iApproximate average salary by contribution assumption: employee only about $602,763 at 4% or $401,842 at 6%; with 50% employer match about $401,842 at 4% or $267,894 at 6%; with 100% employer match about $301,381 at 4% or $200,921 at 6%.
2024210$4,187,822$214,394$21,439iApproximate average salary by contribution assumption: employee only about $535,985 at 4% or $357,323 at 6%; with 50% employer match about $357,323 at 4% or $238,216 at 6%; with 100% employer match about $267,993 at 4% or $178,662 at 6%.
Morganton Federal Savings and Loan Association Pension Plan-10$2,679,005--
Morganton Savings Bank Profit Sharing Plan-10$1,508,817$214,394$21,439iApproximate average salary by contribution assumption: employee only about $535,985 at 4% or $357,323 at 6%; with 50% employer match about $357,323 at 4% or $238,216 at 6%; with 100% employer match about $267,993 at 4% or $178,662 at 6%.
2023210$3,819,344$170,906$17,091iApproximate average salary by contribution assumption: employee only about $427,265 at 4% or $284,843 at 6%; with 50% employer match about $284,843 at 4% or $189,896 at 6%; with 100% employer match about $213,632 at 4% or $142,422 at 6%.
Morganton Federal Savings and Loan Association Pension Plan-10$2,652,277--
Morganton Savings Bank Profit Sharing Plan-8$1,167,067$170,906$21,363iApproximate average salary by contribution assumption: employee only about $534,081 at 4% or $356,054 at 6%; with 50% employer match about $356,054 at 4% or $237,369 at 6%; with 100% employer match about $267,041 at 4% or $178,027 at 6%.
2022210$3,638,640$165,054$16,505iApproximate average salary by contribution assumption: employee only about $412,635 at 4% or $275,090 at 6%; with 50% employer match about $275,090 at 4% or $183,393 at 6%; with 100% employer match about $206,318 at 4% or $137,545 at 6%.
Morganton Federal Savings and Loan Association Pension Plan-10$2,714,302$0-
Morganton Savings Bank Profit Sharing Plan-10$924,338$165,054$16,505iApproximate average salary by contribution assumption: employee only about $412,635 at 4% or $275,090 at 6%; with 50% employer match about $275,090 at 4% or $183,393 at 6%; with 100% employer match about $206,318 at 4% or $137,545 at 6%.
2021210$3,516,515$1,575,814$157,581iApproximate average salary by contribution assumption: employee only about $3,939,535 at 4% or $2,626,357 at 6%; with 50% employer match about $2,626,357 at 4% or $1,750,904 at 6%; with 100% employer match about $1,969,768 at 4% or $1,313,178 at 6%.
Morganton Federal Savings and Loan Association Pension Plan-10$2,636,112$1,450,000$145,000iApproximate average salary by contribution assumption: employee only about $3,625,000 at 4% or $2,416,667 at 6%; with 50% employer match about $2,416,667 at 4% or $1,611,111 at 6%; with 100% employer match about $1,812,500 at 4% or $1,208,333 at 6%.
Morganton Savings Bank Profit Sharing Plan-9$880,403$125,814$13,979iApproximate average salary by contribution assumption: employee only about $349,483 at 4% or $232,989 at 6%; with 50% employer match about $232,989 at 4% or $155,326 at 6%; with 100% employer match about $174,742 at 4% or $116,494 at 6%.
202029$2,740,741$113,348$12,594iApproximate average salary by contribution assumption: employee only about $314,856 at 4% or $209,904 at 6%; with 50% employer match about $209,904 at 4% or $139,936 at 6%; with 100% employer match about $157,428 at 4% or $104,952 at 6%.
Morganton Federal Savings and Loan Association Pension Plan-9$1,605,018$0-
Morganton Savings Bank Profit Sharing Plan-9$1,135,723$113,348$12,594iApproximate average salary by contribution assumption: employee only about $314,856 at 4% or $209,904 at 6%; with 50% employer match about $209,904 at 4% or $139,936 at 6%; with 100% employer match about $157,428 at 4% or $104,952 at 6%.
2019210$2,482,342$403,275$40,328iApproximate average salary by contribution assumption: employee only about $1,008,188 at 4% or $672,125 at 6%; with 50% employer match about $672,125 at 4% or $448,083 at 6%; with 100% employer match about $504,094 at 4% or $336,063 at 6%.
Morganton Federal Savings and Loan Association Pension Plan-10$1,579,474$300,000$30,000iApproximate average salary by contribution assumption: employee only about $750,000 at 4% or $500,000 at 6%; with 50% employer match about $500,000 at 4% or $333,333 at 6%; with 100% employer match about $375,000 at 4% or $250,000 at 6%.
Morganton Savings Bank Profit Sharing Plan-8$902,868$103,275$12,909iApproximate average salary by contribution assumption: employee only about $322,734 at 4% or $215,156 at 6%; with 50% employer match about $215,156 at 4% or $143,438 at 6%; with 100% employer match about $161,367 at 4% or $107,578 at 6%.
2018210$2,913,472$283,498$28,350iApproximate average salary by contribution assumption: employee only about $708,745 at 4% or $472,497 at 6%; with 50% employer match about $472,497 at 4% or $314,998 at 6%; with 100% employer match about $354,373 at 4% or $236,248 at 6%.
Morganton Federal Savings and Loan Association Pension Plan-10$1,819,957$177,620$17,762iApproximate average salary by contribution assumption: employee only about $444,050 at 4% or $296,033 at 6%; with 50% employer match about $296,033 at 4% or $197,356 at 6%; with 100% employer match about $222,025 at 4% or $148,017 at 6%.
Morganton Savings Bank Profit Sharing Plan-8$1,093,515$105,878$13,235iApproximate average salary by contribution assumption: employee only about $330,869 at 4% or $220,579 at 6%; with 50% employer match about $220,579 at 4% or $147,053 at 6%; with 100% employer match about $165,434 at 4% or $110,290 at 6%.
201729$2,955,774$114,398$12,711iApproximate average salary by contribution assumption: employee only about $317,772 at 4% or $211,848 at 6%; with 50% employer match about $211,848 at 4% or $141,232 at 6%; with 100% employer match about $158,886 at 4% or $105,924 at 6%.
Morganton Federal Savings and Loan Association Pension Plan-9$1,752,681$0-
Morganton Savings Bank Profit Sharing Plan-9$1,203,093$114,398$12,711iApproximate average salary by contribution assumption: employee only about $317,772 at 4% or $211,848 at 6%; with 50% employer match about $211,848 at 4% or $141,232 at 6%; with 100% employer match about $158,886 at 4% or $105,924 at 6%.
201629$2,607,135$90,414$10,046iApproximate average salary by contribution assumption: employee only about $251,150 at 4% or $167,433 at 6%; with 50% employer match about $167,433 at 4% or $111,622 at 6%; with 100% employer match about $125,575 at 4% or $83,717 at 6%.
Morganton Federal Savings and Loan Association Pension Plan-9$1,687,147$0-
Morganton Savings Bank Profit Sharing Plan-8$919,988$90,414$11,302iApproximate average salary by contribution assumption: employee only about $282,544 at 4% or $188,363 at 6%; with 50% employer match about $188,363 at 4% or $125,575 at 6%; with 100% employer match about $141,272 at 4% or $94,181 at 6%.
2015210$3,316,977$401,533$40,153iApproximate average salary by contribution assumption: employee only about $1,003,833 at 4% or $669,222 at 6%; with 50% employer match about $669,222 at 4% or $446,148 at 6%; with 100% employer match about $501,916 at 4% or $334,611 at 6%.
Morganton Federal Savings and Loan Association Pension Plan-10$2,051,701$300,000$30,000iApproximate average salary by contribution assumption: employee only about $750,000 at 4% or $500,000 at 6%; with 50% employer match about $500,000 at 4% or $333,333 at 6%; with 100% employer match about $375,000 at 4% or $250,000 at 6%.
Morganton Savings Bank Profit Sharing Plan-9$1,265,276$101,533$11,281iApproximate average salary by contribution assumption: employee only about $282,036 at 4% or $188,024 at 6%; with 50% employer match about $188,024 at 4% or $125,349 at 6%; with 100% employer match about $141,018 at 4% or $94,012 at 6%.
201429$3,055,769$99,140$11,016iApproximate average salary by contribution assumption: employee only about $275,389 at 4% or $183,593 at 6%; with 50% employer match about $183,593 at 4% or $122,395 at 6%; with 100% employer match about $137,694 at 4% or $91,796 at 6%.
Morganton Federal Savings and Loan Association Pension Plan-9$1,771,078--
Morganton Savings Bank Profit Sharing Plan-9$1,284,691$99,140$11,016iApproximate average salary by contribution assumption: employee only about $275,389 at 4% or $183,593 at 6%; with 50% employer match about $183,593 at 4% or $122,395 at 6%; with 100% employer match about $137,694 at 4% or $91,796 at 6%.
201329$2,837,404$100,053$11,117iApproximate average salary by contribution assumption: employee only about $277,925 at 4% or $185,283 at 6%; with 50% employer match about $185,283 at 4% or $123,522 at 6%; with 100% employer match about $138,963 at 4% or $92,642 at 6%.
Morganton Federal Savings and Loan Association Pension Plan-9$1,684,707$0-
Morganton Savings Bank Profit Sharing Plan-9$1,152,697$100,053$11,117iApproximate average salary by contribution assumption: employee only about $277,925 at 4% or $185,283 at 6%; with 50% employer match about $185,283 at 4% or $123,522 at 6%; with 100% employer match about $138,963 at 4% or $92,642 at 6%.
2012210$2,790,834$394,861$39,486iApproximate average salary by contribution assumption: employee only about $987,153 at 4% or $658,102 at 6%; with 50% employer match about $658,102 at 4% or $438,734 at 6%; with 100% employer match about $493,576 at 4% or $329,051 at 6%.
Morganton Federal Savings and Loan Association Pension Plan-10$1,902,731$300,000$30,000iApproximate average salary by contribution assumption: employee only about $750,000 at 4% or $500,000 at 6%; with 50% employer match about $500,000 at 4% or $333,333 at 6%; with 100% employer match about $375,000 at 4% or $250,000 at 6%.
Morganton Savings Bank Profit Sharing Plan-9$888,103$94,861$10,540iApproximate average salary by contribution assumption: employee only about $263,503 at 4% or $175,669 at 6%; with 50% employer match about $175,669 at 4% or $117,112 at 6%; with 100% employer match about $131,751 at 4% or $87,834 at 6%.
2011212$2,192,639$90,702$7,559iApproximate average salary by contribution assumption: employee only about $188,963 at 4% or $125,975 at 6%; with 50% employer match about $125,975 at 4% or $83,983 at 6%; with 100% employer match about $94,481 at 4% or $62,988 at 6%.
Morganton Federal Savings and Loan Association Pension Plan-12$1,488,464$0-
Morganton Savings Bank Profit Sharing Plan-9$704,175$90,702$10,078iApproximate average salary by contribution assumption: employee only about $251,950 at 4% or $167,967 at 6%; with 50% employer match about $167,967 at 4% or $111,978 at 6%; with 100% employer match about $125,975 at 4% or $83,983 at 6%.
2010212$2,093,452$80,037$6,670iApproximate average salary by contribution assumption: employee only about $166,744 at 4% or $111,163 at 6%; with 50% employer match about $111,163 at 4% or $74,108 at 6%; with 100% employer match about $83,372 at 4% or $55,581 at 6%.
Morganton Federal Savings and Loan Association Pension Plan-12$1,458,754$0-
Morganton Savings Bank Profit Sharing Plan-9$634,698$80,037$8,893iApproximate average salary by contribution assumption: employee only about $222,325 at 4% or $148,217 at 6%; with 50% employer match about $148,217 at 4% or $98,811 at 6%; with 100% employer match about $111,163 at 4% or $74,108 at 6%.
2009212$2,029,732$187,561$15,630iApproximate average salary by contribution assumption: employee only about $390,752 at 4% or $260,501 at 6%; with 50% employer match about $260,501 at 4% or $173,668 at 6%; with 100% employer match about $195,376 at 4% or $130,251 at 6%.
Morganton Federal Savings and Loan Association Pension Plan-12$1,346,612$100,000$8,333iApproximate average salary by contribution assumption: employee only about $208,333 at 4% or $138,889 at 6%; with 50% employer match about $138,889 at 4% or $92,593 at 6%; with 100% employer match about $104,167 at 4% or $69,444 at 6%.
Morganton Savings Bank Profit Sharing Plan-11$683,120$87,561$7,960iApproximate average salary by contribution assumption: employee only about $199,002 at 4% or $132,668 at 6%; with 50% employer match about $132,668 at 4% or $88,445 at 6%; with 100% employer match about $99,501 at 4% or $66,334 at 6%.
2007212$0$0-
Morganton Savings Bank Profit Sharing Plan-12---
Morganton Federal Savings and Loan Association Pension Plan-11---
2006212$750,885$91,387$7,616iApproximate average salary by contribution assumption: employee only about $190,390 at 4% or $126,926 at 6%; with 50% employer match about $126,926 at 4% or $84,618 at 6%; with 100% employer match about $95,195 at 4% or $63,463 at 6%.
Morganton Savings Bank Profit Sharing Plan-11$750,885$91,387$8,308iApproximate average salary by contribution assumption: employee only about $207,698 at 4% or $138,465 at 6%; with 50% employer match about $138,465 at 4% or $92,310 at 6%; with 100% employer match about $103,849 at 4% or $69,233 at 6%.
Morganton Federal Savings and Loan Association Pension Plan-12---
2005213$980,886$86,000$6,615iApproximate average salary by contribution assumption: employee only about $165,385 at 4% or $110,256 at 6%; with 50% employer match about $110,256 at 4% or $73,504 at 6%; with 100% employer match about $82,692 at 4% or $55,128 at 6%.
Morganton Federal Savings and Loan Association Pension Plan-12$980,886$86,000$7,167iApproximate average salary by contribution assumption: employee only about $179,167 at 4% or $119,444 at 6%; with 50% employer match about $119,444 at 4% or $79,630 at 6%; with 100% employer match about $89,583 at 4% or $59,722 at 6%.
Morganton Savings Bank Profit Sharing Plan-13---
2004211$1,537,621$148,459$13,496iApproximate average salary by contribution assumption: employee only about $337,407 at 4% or $224,938 at 6%; with 50% employer match about $224,938 at 4% or $149,959 at 6%; with 100% employer match about $168,703 at 4% or $112,469 at 6%.
Morganton Federal Savings and Loan Association Pension Plan-11$814,848$77,500$7,045iApproximate average salary by contribution assumption: employee only about $176,136 at 4% or $117,424 at 6%; with 50% employer match about $117,424 at 4% or $78,283 at 6%; with 100% employer match about $88,068 at 4% or $58,712 at 6%.
Morganton Savings Bank Profit Sharing Plan-11$722,773$70,959$6,451iApproximate average salary by contribution assumption: employee only about $161,270 at 4% or $107,514 at 6%; with 50% employer match about $107,514 at 4% or $71,676 at 6%; with 100% employer match about $80,635 at 4% or $53,757 at 6%.
2003212$0$0-
Morganton Federal Savings and Loan Association Pension Plan-12---
Morganton Savings Bank Profit Sharing Plan-11---
2002213$2,101,278$772,112$59,393iApproximate average salary by contribution assumption: employee only about $1,484,831 at 4% or $989,887 at 6%; with 50% employer match about $989,887 at 4% or $659,925 at 6%; with 100% employer match about $742,415 at 4% or $494,944 at 6%.
Morganton Federal Savings and Loan Association Pension Plan-13$1,604,339$701,632$53,972iApproximate average salary by contribution assumption: employee only about $1,349,292 at 4% or $899,528 at 6%; with 50% employer match about $899,528 at 4% or $599,685 at 6%; with 100% employer match about $674,646 at 4% or $449,764 at 6%.
Morganton Savings Bank Profit Sharing Plan-11$496,939$70,480$6,407iApproximate average salary by contribution assumption: employee only about $160,182 at 4% or $106,788 at 6%; with 50% employer match about $106,788 at 4% or $71,192 at 6%; with 100% employer match about $80,091 at 4% or $53,394 at 6%.
2001214$0$0-
Morganton Savings Bank Profit Sharing Plan-13---
Morganton Federal Savings and Loan Association Pension Plan-14---
2000211$0$0-
Morganton Savings Bank Profit Sharing Plan-11---
Morganton Federal Savings and Loan Association Pension Plan-11---
1999212$1,212,052$167,491$13,958iApproximate average salary by contribution assumption: employee only about $348,940 at 4% or $232,626 at 6%; with 50% employer match about $232,626 at 4% or $155,084 at 6%; with 100% employer match about $174,470 at 4% or $116,313 at 6%.
Morganton Federal Savings and Loan Association Pension Plan-12$660,534$85,355$7,113iApproximate average salary by contribution assumption: employee only about $177,823 at 4% or $118,549 at 6%; with 50% employer match about $118,549 at 4% or $79,032 at 6%; with 100% employer match about $88,911 at 4% or $59,274 at 6%.
Morganton Savings Bank Profit Sharing Plan-12$551,518$82,136$6,845iApproximate average salary by contribution assumption: employee only about $171,117 at 4% or $114,078 at 6%; with 50% employer match about $114,078 at 4% or $76,052 at 6%; with 100% employer match about $85,558 at 4% or $57,039 at 6%.