Civic Intelligence

Summit Credit Union

Plan context: Summit Credit Union 401K Plan and Trust

EIN 56-0432082 • Greensboro, NC • 49 filings • 3 plans

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8210 West Market StreetGreensboro, NC 27409-9679
Current Snapshot

Latest Year

2024

2024 Participants

81

2024 Assets

$4,435,404

2024 Contributions

$412,452

Historical Graphs

Total Assets Over Time

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

$11,750,505$5,875,253$0199920142024YearValue
$4,435,404Latest year 2024

Participants Over Time

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

112560199920122024YearValue
81Latest year 2024

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
2024181$4,435,404$412,452$5,092iApproximate average salary by contribution assumption: employee only about $127,300 at 4% or $84,867 at 6%; with 50% employer match about $84,867 at 4% or $56,578 at 6%; with 100% employer match about $63,650 at 4% or $42,433 at 6%.
Summit Credit Union 401K Plan and Trust-81$4,435,404$412,452$5,092iApproximate average salary by contribution assumption: employee only about $127,300 at 4% or $84,867 at 6%; with 50% employer match about $84,867 at 4% or $56,578 at 6%; with 100% employer match about $63,650 at 4% or $42,433 at 6%.
2023296$11,750,505$878,807$9,154iApproximate average salary by contribution assumption: employee only about $228,856 at 4% or $152,571 at 6%; with 50% employer match about $152,571 at 4% or $101,714 at 6%; with 100% employer match about $114,428 at 4% or $76,285 at 6%.
SUMMIT CREDIT UNION DEFINED BENEFIT PLAN AND TRUST-96$8,011,538$500,000$5,208iApproximate average salary by contribution assumption: employee only about $130,208 at 4% or $86,806 at 6%; with 50% employer match about $86,806 at 4% or $57,870 at 6%; with 100% employer match about $65,104 at 4% or $43,403 at 6%.
Summit Credit Union 401K Plan and Trust-79$3,738,967$378,807$4,795iApproximate average salary by contribution assumption: employee only about $119,876 at 4% or $79,917 at 6%; with 50% employer match about $79,917 at 4% or $53,278 at 6%; with 100% employer match about $59,938 at 4% or $39,959 at 6%.
20222105$10,104,690$937,532$8,929iApproximate average salary by contribution assumption: employee only about $223,222 at 4% or $148,815 at 6%; with 50% employer match about $148,815 at 4% or $99,210 at 6%; with 100% employer match about $111,611 at 4% or $74,407 at 6%.
SUMMIT CREDIT UNION DEFINED BENEFIT PLAN AND TRUST-84$6,953,788$552,289$6,575iApproximate average salary by contribution assumption: employee only about $164,372 at 4% or $109,581 at 6%; with 50% employer match about $109,581 at 4% or $73,054 at 6%; with 100% employer match about $82,186 at 4% or $54,791 at 6%.
Summit Credit Union 401K Plan and Trust-105$3,150,902$385,243$3,669iApproximate average salary by contribution assumption: employee only about $91,725 at 4% or $61,150 at 6%; with 50% employer match about $61,150 at 4% or $40,766 at 6%; with 100% employer match about $45,862 at 4% or $30,575 at 6%.
2021288$10,075,688$839,469$9,539iApproximate average salary by contribution assumption: employee only about $238,486 at 4% or $158,990 at 6%; with 50% employer match about $158,990 at 4% or $105,994 at 6%; with 100% employer match about $119,243 at 4% or $79,495 at 6%.
SUMMIT CREDIT UNION DEFINED BENEFIT PLAN AND TRUST-80$6,132,725$481,878$6,023iApproximate average salary by contribution assumption: employee only about $150,587 at 4% or $100,391 at 6%; with 50% employer match about $100,391 at 4% or $66,928 at 6%; with 100% employer match about $75,293 at 4% or $50,196 at 6%.
Summit Credit Union 401K Plan and Trust-88$3,942,963$357,591$4,064iApproximate average salary by contribution assumption: employee only about $101,588 at 4% or $67,726 at 6%; with 50% employer match about $67,726 at 4% or $45,150 at 6%; with 100% employer match about $50,794 at 4% or $33,863 at 6%.
2020289$9,711,008$716,452$8,050iApproximate average salary by contribution assumption: employee only about $201,251 at 4% or $134,167 at 6%; with 50% employer match about $134,167 at 4% or $89,445 at 6%; with 100% employer match about $100,625 at 4% or $67,084 at 6%.
SUMMIT CREDIT UNION DEFINED BENEFIT PLAN AND TRUST-84$6,291,933$371,172$4,419iApproximate average salary by contribution assumption: employee only about $110,468 at 4% or $73,645 at 6%; with 50% employer match about $73,645 at 4% or $49,097 at 6%; with 100% employer match about $55,234 at 4% or $36,823 at 6%.
Summit Credit Union 401K Plan and Trust-89$3,419,075$345,280$3,880iApproximate average salary by contribution assumption: employee only about $96,989 at 4% or $64,659 at 6%; with 50% employer match about $64,659 at 4% or $43,106 at 6%; with 100% employer match about $48,494 at 4% or $32,330 at 6%.
2019282$8,237,545$863,949$10,536iApproximate average salary by contribution assumption: employee only about $263,399 at 4% or $175,599 at 6%; with 50% employer match about $175,599 at 4% or $117,066 at 6%; with 100% employer match about $131,700 at 4% or $87,800 at 6%.
SUMMIT CREDIT UNION DEFINED BENEFIT PLAN AND TRUST-82$5,368,843$500,000$6,098iApproximate average salary by contribution assumption: employee only about $152,439 at 4% or $101,626 at 6%; with 50% employer match about $101,626 at 4% or $67,751 at 6%; with 100% employer match about $76,220 at 4% or $50,813 at 6%.
Summit Credit Union 401K Plan and Trust-79$2,868,702$363,949$4,607iApproximate average salary by contribution assumption: employee only about $115,174 at 4% or $76,782 at 6%; with 50% employer match about $76,782 at 4% or $51,188 at 6%; with 100% employer match about $57,587 at 4% or $38,391 at 6%.
2018285$8,599,482$1,305,357$15,357iApproximate average salary by contribution assumption: employee only about $383,929 at 4% or $255,952 at 6%; with 50% employer match about $255,952 at 4% or $170,635 at 6%; with 100% employer match about $191,964 at 4% or $127,976 at 6%.
SUMMIT CREDIT UNION DEFINED BENEFIT PLAN AND TRUST-79$6,150,346$1,000,000$12,658iApproximate average salary by contribution assumption: employee only about $316,456 at 4% or $210,970 at 6%; with 50% employer match about $210,970 at 4% or $140,647 at 6%; with 100% employer match about $158,228 at 4% or $105,485 at 6%.
Summit Credit Union 401K Plan and Trust-85$2,449,136$305,357$3,592iApproximate average salary by contribution assumption: employee only about $89,811 at 4% or $59,874 at 6%; with 50% employer match about $59,874 at 4% or $39,916 at 6%; with 100% employer match about $44,905 at 4% or $29,937 at 6%.
20172112$7,691,274$1,082,236$9,663iApproximate average salary by contribution assumption: employee only about $241,571 at 4% or $161,047 at 6%; with 50% employer match about $161,047 at 4% or $107,365 at 6%; with 100% employer match about $120,785 at 4% or $80,524 at 6%.
SUMMIT CREDIT UNION DEFINED BENEFIT PLAN AND TRUST-112$5,337,689$815,691$7,283iApproximate average salary by contribution assumption: employee only about $182,074 at 4% or $121,383 at 6%; with 50% employer match about $121,383 at 4% or $80,922 at 6%; with 100% employer match about $91,037 at 4% or $60,691 at 6%.
Summit Credit Union 401K Plan and Trust-68$2,353,585$266,545$3,920iApproximate average salary by contribution assumption: employee only about $97,994 at 4% or $65,330 at 6%; with 50% employer match about $65,330 at 4% or $43,553 at 6%; with 100% employer match about $48,997 at 4% or $32,665 at 6%.
2016297$6,282,336$989,375$10,200iApproximate average salary by contribution assumption: employee only about $254,994 at 4% or $169,996 at 6%; with 50% employer match about $169,996 at 4% or $113,330 at 6%; with 100% employer match about $127,497 at 4% or $84,998 at 6%.
SUMMIT CREDIT UNION DEFINED BENEFIT PLAN AND TRUST-97$4,380,153$772,790$7,967iApproximate average salary by contribution assumption: employee only about $199,173 at 4% or $132,782 at 6%; with 50% employer match about $132,782 at 4% or $88,521 at 6%; with 100% employer match about $99,586 at 4% or $66,391 at 6%.
Summit Credit Union 401K Plan and Trust-64$1,902,183$216,585$3,384iApproximate average salary by contribution assumption: employee only about $84,604 at 4% or $56,402 at 6%; with 50% employer match about $56,402 at 4% or $37,602 at 6%; with 100% employer match about $42,302 at 4% or $28,201 at 6%.
2015292$4,980,637$449,673$4,888iApproximate average salary by contribution assumption: employee only about $122,194 at 4% or $81,463 at 6%; with 50% employer match about $81,463 at 4% or $54,308 at 6%; with 100% employer match about $61,097 at 4% or $40,731 at 6%.
SUMMIT CREDIT UNION DEFINED BENEFIT PLAN AND TRUST-92$3,378,496$245,576$2,669iApproximate average salary by contribution assumption: employee only about $66,733 at 4% or $44,488 at 6%; with 50% employer match about $44,488 at 4% or $29,659 at 6%; with 100% employer match about $33,366 at 4% or $22,244 at 6%.
Summit Credit Union 401K Plan and Trust-56$1,602,141$204,097$3,645iApproximate average salary by contribution assumption: employee only about $91,115 at 4% or $60,743 at 6%; with 50% employer match about $60,743 at 4% or $40,495 at 6%; with 100% employer match about $45,557 at 4% or $30,372 at 6%.
2014288$4,543,416$414,683$4,712iApproximate average salary by contribution assumption: employee only about $117,808 at 4% or $78,538 at 6%; with 50% employer match about $78,538 at 4% or $52,359 at 6%; with 100% employer match about $58,904 at 4% or $39,269 at 6%.
SUMMIT CREDIT UNION DEFINED BENEFIT PLAN AND TRUST-88$3,045,507$239,781$2,725iApproximate average salary by contribution assumption: employee only about $68,120 at 4% or $45,413 at 6%; with 50% employer match about $45,413 at 4% or $30,275 at 6%; with 100% employer match about $34,060 at 4% or $22,707 at 6%.
Summit Credit Union 401K Plan and Trust-41$1,497,909$174,902$4,266iApproximate average salary by contribution assumption: employee only about $106,648 at 4% or $71,098 at 6%; with 50% employer match about $71,098 at 4% or $47,399 at 6%; with 100% employer match about $53,324 at 4% or $35,549 at 6%.
2013288$4,511,047$939,806$10,680iApproximate average salary by contribution assumption: employee only about $266,990 at 4% or $177,994 at 6%; with 50% employer match about $177,994 at 4% or $118,662 at 6%; with 100% employer match about $133,495 at 4% or $88,997 at 6%.
SUMMIT CREDIT UNION DEFINED BENEFIT PLAN AND TRUST-88$2,905,022$716,567$8,143iApproximate average salary by contribution assumption: employee only about $203,570 at 4% or $135,713 at 6%; with 50% employer match about $135,713 at 4% or $90,476 at 6%; with 100% employer match about $101,785 at 4% or $67,857 at 6%.
Summit Credit Union 401K Plan and Trust-51$1,606,025$223,239$4,377iApproximate average salary by contribution assumption: employee only about $109,431 at 4% or $72,954 at 6%; with 50% employer match about $72,954 at 4% or $48,636 at 6%; with 100% employer match about $54,715 at 4% or $36,477 at 6%.
2012284$3,665,775$1,162,832$13,843iApproximate average salary by contribution assumption: employee only about $346,081 at 4% or $230,721 at 6%; with 50% employer match about $230,721 at 4% or $153,814 at 6%; with 100% employer match about $173,040 at 4% or $115,360 at 6%.
SUMMIT CREDIT UNION DEFINED BENEFIT PLAN AND TRUST-84$2,405,500$1,000,000$11,905iApproximate average salary by contribution assumption: employee only about $297,619 at 4% or $198,413 at 6%; with 50% employer match about $198,413 at 4% or $132,275 at 6%; with 100% employer match about $148,810 at 4% or $99,206 at 6%.
Summit Credit Union 401K Plan and Trust-50$1,260,275$162,832$3,257iApproximate average salary by contribution assumption: employee only about $81,416 at 4% or $54,277 at 6%; with 50% employer match about $54,277 at 4% or $36,185 at 6%; with 100% employer match about $40,708 at 4% or $27,139 at 6%.
2011281$2,477,438$357,312$4,411iApproximate average salary by contribution assumption: employee only about $110,281 at 4% or $73,521 at 6%; with 50% employer match about $73,521 at 4% or $49,014 at 6%; with 100% employer match about $55,141 at 4% or $36,760 at 6%.
SUMMIT CREDIT UNION DEFINED BENEFIT PLAN AND TRUST-81$1,452,527$167,796$2,072iApproximate average salary by contribution assumption: employee only about $51,789 at 4% or $34,526 at 6%; with 50% employer match about $34,526 at 4% or $23,017 at 6%; with 100% employer match about $25,894 at 4% or $17,263 at 6%.
Summit Credit Union 401K Plan and Trust-50$1,024,911$189,516$3,790iApproximate average salary by contribution assumption: employee only about $94,758 at 4% or $63,172 at 6%; with 50% employer match about $63,172 at 4% or $42,115 at 6%; with 100% employer match about $47,379 at 4% or $31,586 at 6%.
2010278$2,119,463$408,886$5,242iApproximate average salary by contribution assumption: employee only about $131,053 at 4% or $87,369 at 6%; with 50% employer match about $87,369 at 4% or $58,246 at 6%; with 100% employer match about $65,527 at 4% or $43,684 at 6%.
SUMMIT CREDIT UNION DEFINED BENEFIT PLAN AND TRUST-78$1,275,337$278,829$3,575iApproximate average salary by contribution assumption: employee only about $89,368 at 4% or $59,579 at 6%; with 50% employer match about $59,579 at 4% or $39,719 at 6%; with 100% employer match about $44,684 at 4% or $29,789 at 6%.
Summit Credit Union 401K Plan and Trust-50$844,126$130,057$2,601iApproximate average salary by contribution assumption: employee only about $65,028 at 4% or $43,352 at 6%; with 50% employer match about $43,352 at 4% or $28,902 at 6%; with 100% employer match about $32,514 at 4% or $21,676 at 6%.
2009274$1,637,837$180,193$2,435iApproximate average salary by contribution assumption: employee only about $60,876 at 4% or $40,584 at 6%; with 50% employer match about $40,584 at 4% or $27,056 at 6%; with 100% employer match about $30,438 at 4% or $20,292 at 6%.
SUMMIT CREDIT UNION DEFINED BENEFIT PLAN AND TRUST-74$969,550$74,168$1,002iApproximate average salary by contribution assumption: employee only about $25,057 at 4% or $16,705 at 6%; with 50% employer match about $16,705 at 4% or $11,136 at 6%; with 100% employer match about $12,528 at 4% or $8,352 at 6%.
Summit Credit Union 401K Plan and Trust-45$668,287$106,025$2,356iApproximate average salary by contribution assumption: employee only about $58,903 at 4% or $39,269 at 6%; with 50% employer match about $39,269 at 4% or $26,179 at 6%; with 100% employer match about $29,451 at 4% or $19,634 at 6%.
2008242$241,740$84,590$2,014iApproximate average salary by contribution assumption: employee only about $50,351 at 4% or $33,567 at 6%; with 50% employer match about $33,567 at 4% or $22,378 at 6%; with 100% employer match about $25,176 at 4% or $16,784 at 6%.
Summit Credit Union 401K Plan and Trust-41$241,740$84,590$2,063iApproximate average salary by contribution assumption: employee only about $51,579 at 4% or $34,386 at 6%; with 50% employer match about $34,386 at 4% or $22,924 at 6%; with 100% employer match about $25,790 at 4% or $17,193 at 6%.
SUMMIT CREDIT UNION DEFINED BENEFIT PLAN AND TRUST-42---
2007239$0$0-
SUMMIT CREDIT UNION DEFINED BENEFIT PLAN AND TRUST-39---
Summit Credit Union 401K Plan and Trust-34---
2006235$1,135,091$145,769$4,165iApproximate average salary by contribution assumption: employee only about $104,121 at 4% or $69,414 at 6%; with 50% employer match about $69,414 at 4% or $46,276 at 6%; with 100% employer match about $52,060 at 4% or $34,707 at 6%.
SUMMIT CREDIT UNION DEFINED BENEFIT PLAN AND TRUST-34$911,158$61,542$1,810iApproximate average salary by contribution assumption: employee only about $45,251 at 4% or $30,168 at 6%; with 50% employer match about $30,168 at 4% or $20,112 at 6%; with 100% employer match about $22,626 at 4% or $15,084 at 6%.
Summit Credit Union 401K Plan and Trust-35$223,933$84,227$2,406iApproximate average salary by contribution assumption: employee only about $60,162 at 4% or $40,108 at 6%; with 50% employer match about $40,108 at 4% or $26,739 at 6%; with 100% employer match about $30,081 at 4% or $20,054 at 6%.
2005239$1,062,627$116,190$2,979iApproximate average salary by contribution assumption: employee only about $74,481 at 4% or $49,654 at 6%; with 50% employer match about $49,654 at 4% or $33,103 at 6%; with 100% employer match about $37,240 at 4% or $24,827 at 6%.
SUMMIT CREDIT UNION DEFINED BENEFIT PLAN AND TRUST-35$937,770$51,758$1,479iApproximate average salary by contribution assumption: employee only about $36,970 at 4% or $24,647 at 6%; with 50% employer match about $24,647 at 4% or $16,431 at 6%; with 100% employer match about $18,485 at 4% or $12,323 at 6%.
Summit Credit Union 401K Plan and Trust-39$124,857$64,432$1,652iApproximate average salary by contribution assumption: employee only about $41,303 at 4% or $27,535 at 6%; with 50% employer match about $27,535 at 4% or $18,357 at 6%; with 100% employer match about $20,651 at 4% or $13,768 at 6%.
2004239$1,002,427$50,728$1,301iApproximate average salary by contribution assumption: employee only about $32,518 at 4% or $21,679 at 6%; with 50% employer match about $21,679 at 4% or $14,452 at 6%; with 100% employer match about $16,259 at 4% or $10,839 at 6%.
SUMMIT CREDIT UNION DEFINED BENEFIT PLAN AND TRUST-39$943,250$37,513$962iApproximate average salary by contribution assumption: employee only about $24,047 at 4% or $16,031 at 6%; with 50% employer match about $16,031 at 4% or $10,687 at 6%; with 100% employer match about $12,023 at 4% or $8,016 at 6%.
Summit Credit Union 401K Plan and Trust-36$59,177$13,215$367iApproximate average salary by contribution assumption: employee only about $9,177 at 4% or $6,118 at 6%; with 50% employer match about $6,118 at 4% or $4,079 at 6%; with 100% employer match about $4,589 at 4% or $3,059 at 6%.
2003238$63,042$13,710$361iApproximate average salary by contribution assumption: employee only about $9,020 at 4% or $6,013 at 6%; with 50% employer match about $6,013 at 4% or $4,009 at 6%; with 100% employer match about $4,510 at 4% or $3,007 at 6%.
Summit Credit Union 401K Plan and Trust-37$63,042$13,710$371iApproximate average salary by contribution assumption: employee only about $9,264 at 4% or $6,176 at 6%; with 50% employer match about $6,176 at 4% or $4,117 at 6%; with 100% employer match about $4,632 at 4% or $3,088 at 6%.
SUMMIT CREDIT UNION DEFINED BENEFIT PLAN AND TRUST-38---
2002239$0$0-
SUMMIT CREDIT UNION DEFINED BENEFIT PLAN AND TRUST-39---
Summit Credit Union 401K Plan and Trust-34---
2001238$0$0-
Summit Credit Union 401K Plan and Trust-30---
SUMMIT CREDIT UNION DEFINED BENEFIT PLAN AND TRUST-38---
2000126$0$0-
SUMMIT CREDIT UNION DEFINED BENEFIT PLAN AND TRUST-26---
1999151$37,949$14,661$287iApproximate average salary by contribution assumption: employee only about $7,187 at 4% or $4,791 at 6%; with 50% employer match about $4,791 at 4% or $3,194 at 6%; with 100% employer match about $3,593 at 4% or $2,396 at 6%.
Summit Credit Union 401K Plan and Trust-51$37,949$14,661$287iApproximate average salary by contribution assumption: employee only about $7,187 at 4% or $4,791 at 6%; with 50% employer match about $4,791 at 4% or $3,194 at 6%; with 100% employer match about $3,593 at 4% or $2,396 at 6%.