Civic Intelligence

Summit Developers Inc.

Plan context: Summit Developers Inc. 401K Plan

EIN 56-1720435 • Salisbury, NC • 10 filings • 2 plans

120 E Council St, Ste 100Salisbury, NC 28144
Current Snapshot

Latest Year

2015

2015 Participants

6

2015 Assets

$140,579

2015 Contributions

$4,278

Historical Graphs

Total Assets Over Time

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

$372,000$186,000$0200620112015YearValue
$140,579Latest year 2015

Participants Over Time

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

30150200620112015YearValue
6Latest year 2015

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
201516$140,579$4,278$713iApproximate average salary by contribution assumption: employee only about $17,825 at 4% or $11,883 at 6%; with 50% employer match about $11,883 at 4% or $7,922 at 6%; with 100% employer match about $8,913 at 4% or $5,942 at 6%.
Summit Developers Inc. 401K Plan-6$140,579$4,278$713iApproximate average salary by contribution assumption: employee only about $17,825 at 4% or $11,883 at 6%; with 50% employer match about $11,883 at 4% or $7,922 at 6%; with 100% employer match about $8,913 at 4% or $5,942 at 6%.
201418$208,737$9,914$1,239iApproximate average salary by contribution assumption: employee only about $30,981 at 4% or $20,654 at 6%; with 50% employer match about $20,654 at 4% or $13,769 at 6%; with 100% employer match about $15,491 at 4% or $10,327 at 6%.
Summit Developers Inc. 401K Plan-8$208,737$9,914$1,239iApproximate average salary by contribution assumption: employee only about $30,981 at 4% or $20,654 at 6%; with 50% employer match about $20,654 at 4% or $13,769 at 6%; with 100% employer match about $15,491 at 4% or $10,327 at 6%.
2013112$352,193$15,356$1,280iApproximate average salary by contribution assumption: employee only about $31,992 at 4% or $21,328 at 6%; with 50% employer match about $21,328 at 4% or $14,219 at 6%; with 100% employer match about $15,996 at 4% or $10,664 at 6%.
Summit Developers Inc. 401K Plan-12$352,193$15,356$1,280iApproximate average salary by contribution assumption: employee only about $31,992 at 4% or $21,328 at 6%; with 50% employer match about $21,328 at 4% or $14,219 at 6%; with 100% employer match about $15,996 at 4% or $10,664 at 6%.
2012117$372,000$26,542$1,561iApproximate average salary by contribution assumption: employee only about $39,032 at 4% or $26,022 at 6%; with 50% employer match about $26,022 at 4% or $17,348 at 6%; with 100% employer match about $19,516 at 4% or $13,011 at 6%.
Summit Developers Inc. 401K Plan-17$372,000$26,542$1,561iApproximate average salary by contribution assumption: employee only about $39,032 at 4% or $26,022 at 6%; with 50% employer match about $26,022 at 4% or $17,348 at 6%; with 100% employer match about $19,516 at 4% or $13,011 at 6%.
2011117$301,809$23,655$1,391iApproximate average salary by contribution assumption: employee only about $34,787 at 4% or $23,191 at 6%; with 50% employer match about $23,191 at 4% or $15,461 at 6%; with 100% employer match about $17,393 at 4% or $11,596 at 6%.
Summit Developers Inc. 401K Plan-17$301,809$23,655$1,391iApproximate average salary by contribution assumption: employee only about $34,787 at 4% or $23,191 at 6%; with 50% employer match about $23,191 at 4% or $15,461 at 6%; with 100% employer match about $17,393 at 4% or $11,596 at 6%.
2010120$324,111$38,686$1,934iApproximate average salary by contribution assumption: employee only about $48,358 at 4% or $32,238 at 6%; with 50% employer match about $32,238 at 4% or $21,492 at 6%; with 100% employer match about $24,179 at 4% or $16,119 at 6%.
Summit Developers Inc. 401K Plan-20$324,111$38,686$1,934iApproximate average salary by contribution assumption: employee only about $48,358 at 4% or $32,238 at 6%; with 50% employer match about $32,238 at 4% or $21,492 at 6%; with 100% employer match about $24,179 at 4% or $16,119 at 6%.
2009119$273,033$79,144$4,165iApproximate average salary by contribution assumption: employee only about $104,137 at 4% or $69,425 at 6%; with 50% employer match about $69,425 at 4% or $46,283 at 6%; with 100% employer match about $52,068 at 4% or $34,712 at 6%.
Summit Developers Inc. 401K Plan-19$273,033$79,144$4,165iApproximate average salary by contribution assumption: employee only about $104,137 at 4% or $69,425 at 6%; with 50% employer match about $69,425 at 4% or $46,283 at 6%; with 100% employer match about $52,068 at 4% or $34,712 at 6%.
2008130$160,968$95,713$3,190iApproximate average salary by contribution assumption: employee only about $79,761 at 4% or $53,174 at 6%; with 50% employer match about $53,174 at 4% or $35,449 at 6%; with 100% employer match about $39,880 at 4% or $26,587 at 6%.
Summit Developers Inc. 401K Plan-30$160,968$95,713$3,190iApproximate average salary by contribution assumption: employee only about $79,761 at 4% or $53,174 at 6%; with 50% employer match about $53,174 at 4% or $35,449 at 6%; with 100% employer match about $39,880 at 4% or $26,587 at 6%.
2007128$0$0-
Summit Developers Inc. 401K Plan-28---
2006125$47,126$44,702$1,788iApproximate average salary by contribution assumption: employee only about $44,702 at 4% or $29,801 at 6%; with 50% employer match about $29,801 at 4% or $19,868 at 6%; with 100% employer match about $22,351 at 4% or $14,901 at 6%.
Summit Developers Inc. 401K Plan-25$47,126$44,702$1,788iApproximate average salary by contribution assumption: employee only about $44,702 at 4% or $29,801 at 6%; with 50% employer match about $29,801 at 4% or $19,868 at 6%; with 100% employer match about $22,351 at 4% or $14,901 at 6%.