Civic Intelligence

American Community Bank

Plan context: American Community Bank 401K Profit Sharing Plan

EIN 56-2073258 • Monroe, NC • 11 filings • 4 plans

2593 West Roosevelt Blvd.Monroe, NC 28111
Current Snapshot

Latest Year

2009

2009 Participants

120

2009 Assets

$2,179,401

2009 Contributions

$135,965

Historical Graphs

Total Assets Over Time

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

$2,574,484$1,287,242$0199920042008YearValue
$2,179,401Latest year 2008

Participants Over Time

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

120600199920042008YearValue
120Latest year 2008

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
200910$0$135,965-
American Community Bank 401K Profit Sharing Plan-0-$135,965-
20081120$2,179,401$439,281$3,661iApproximate average salary by contribution assumption: employee only about $91,517 at 4% or $61,011 at 6%; with 50% employer match about $61,011 at 4% or $40,674 at 6%; with 100% employer match about $45,758 at 4% or $30,506 at 6%.
American Community Bank 401K Profit Sharing Plan-120$2,179,401$439,281$3,661iApproximate average salary by contribution assumption: employee only about $91,517 at 4% or $61,011 at 6%; with 50% employer match about $61,011 at 4% or $40,674 at 6%; with 100% employer match about $45,758 at 4% or $30,506 at 6%.
20071120$2,574,484$569,299$4,744iApproximate average salary by contribution assumption: employee only about $118,604 at 4% or $79,069 at 6%; with 50% employer match about $79,069 at 4% or $52,713 at 6%; with 100% employer match about $59,302 at 4% or $39,535 at 6%.
American Community Bank 401K Profit Sharing Plan-120$2,574,484$569,299$4,744iApproximate average salary by contribution assumption: employee only about $118,604 at 4% or $79,069 at 6%; with 50% employer match about $79,069 at 4% or $52,713 at 6%; with 100% employer match about $59,302 at 4% or $39,535 at 6%.
20061111$2,044,003$513,172$4,623iApproximate average salary by contribution assumption: employee only about $115,579 at 4% or $77,053 at 6%; with 50% employer match about $77,053 at 4% or $51,369 at 6%; with 100% employer match about $57,790 at 4% or $38,526 at 6%.
American Community Bank 401K Profit Sharing Plan-111$2,044,003$513,172$4,623iApproximate average salary by contribution assumption: employee only about $115,579 at 4% or $77,053 at 6%; with 50% employer match about $77,053 at 4% or $51,369 at 6%; with 100% employer match about $57,790 at 4% or $38,526 at 6%.
20051118$1,588,232$336,424$2,851iApproximate average salary by contribution assumption: employee only about $71,276 at 4% or $47,518 at 6%; with 50% employer match about $47,518 at 4% or $31,678 at 6%; with 100% employer match about $35,638 at 4% or $23,759 at 6%.
American Community Bank 401K Profit Sharing Plan-118$1,588,232$336,424$2,851iApproximate average salary by contribution assumption: employee only about $71,276 at 4% or $47,518 at 6%; with 50% employer match about $47,518 at 4% or $31,678 at 6%; with 100% employer match about $35,638 at 4% or $23,759 at 6%.
2004177$866,781$222,191$2,886iApproximate average salary by contribution assumption: employee only about $72,140 at 4% or $48,093 at 6%; with 50% employer match about $48,093 at 4% or $32,062 at 6%; with 100% employer match about $36,070 at 4% or $24,047 at 6%.
American Community Bank 401K Profit Sharing Plan-77$866,781$222,191$2,886iApproximate average salary by contribution assumption: employee only about $72,140 at 4% or $48,093 at 6%; with 50% employer match about $48,093 at 4% or $32,062 at 6%; with 100% employer match about $36,070 at 4% or $24,047 at 6%.
2003176$621,069$201,768$2,655iApproximate average salary by contribution assumption: employee only about $66,371 at 4% or $44,247 at 6%; with 50% employer match about $44,247 at 4% or $29,498 at 6%; with 100% employer match about $33,186 at 4% or $22,124 at 6%.
American Community Bank 401K Profit Sharing Plan-76$621,069$201,768$2,655iApproximate average salary by contribution assumption: employee only about $66,371 at 4% or $44,247 at 6%; with 50% employer match about $44,247 at 4% or $29,498 at 6%; with 100% employer match about $33,186 at 4% or $22,124 at 6%.
2002148$326,313$157,748$3,286iApproximate average salary by contribution assumption: employee only about $82,160 at 4% or $54,774 at 6%; with 50% employer match about $54,774 at 4% or $36,516 at 6%; with 100% employer match about $41,080 at 4% or $27,387 at 6%.
American Community Bank 401K Profit Sharing Plan-48$326,313$157,748$3,286iApproximate average salary by contribution assumption: employee only about $82,160 at 4% or $54,774 at 6%; with 50% employer match about $54,774 at 4% or $36,516 at 6%; with 100% employer match about $41,080 at 4% or $27,387 at 6%.
2001137$0$0-
American Community Bank 401K Profit Sharing Plan-37---
2000127$143,657$99,595$3,689iApproximate average salary by contribution assumption: employee only about $92,218 at 4% or $61,478 at 6%; with 50% employer match about $61,478 at 4% or $40,986 at 6%; with 100% employer match about $46,109 at 4% or $30,739 at 6%.
American Community Bank 401K Profit Sharing Plan-27$143,657$99,595$3,689iApproximate average salary by contribution assumption: employee only about $92,218 at 4% or $61,478 at 6%; with 50% employer match about $61,478 at 4% or $40,986 at 6%; with 100% employer match about $46,109 at 4% or $30,739 at 6%.
1999131$57,378$50,137$1,617iApproximate average salary by contribution assumption: employee only about $40,433 at 4% or $26,955 at 6%; with 50% employer match about $26,955 at 4% or $17,970 at 6%; with 100% employer match about $20,217 at 4% or $13,478 at 6%.
American Community Bank 401K Profit Sharing Plan-31$57,378$50,137$1,617iApproximate average salary by contribution assumption: employee only about $40,433 at 4% or $26,955 at 6%; with 50% employer match about $26,955 at 4% or $17,970 at 6%; with 100% employer match about $20,217 at 4% or $13,478 at 6%.