Banks Construction Company
Plan context: Banks Construction Company Profit Sharing Plan
EIN 57-0296227 • North Charleston, SC • 50 filings • 7 plans
Current Snapshot
Latest Year
2024
2024 Participants
377
2024 Assets
$20,317,044
2024 Contributions
$2,246,599
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
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 / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2024 | 2 | 377 | $20,317,044 | $2,246,599 | $5,959iApproximate average salary by contribution assumption: employee only about $148,979 at 4% or $99,319 at 6%; with 50% employer match about $99,319 at 4% or $66,213 at 6%; with 100% employer match about $74,489 at 4% or $49,660 at 6%. |
| Banks Construction Company Profit Sharing Plan | - | 377 | $20,317,044 | $2,246,599 | $5,959iApproximate average salary by contribution assumption: employee only about $148,979 at 4% or $99,319 at 6%; with 50% employer match about $99,319 at 4% or $66,213 at 6%; with 100% employer match about $74,489 at 4% or $49,660 at 6%. |
| Banks Construction Company Employee Benefit Plan | - | 236 | - | - | - |
| 2023 | 2 | 363 | $16,913,316 | $2,073,342 | $5,712iApproximate average salary by contribution assumption: employee only about $142,792 at 4% or $95,195 at 6%; with 50% employer match about $95,195 at 4% or $63,463 at 6%; with 100% employer match about $71,396 at 4% or $47,597 at 6%. |
| Banks Construction Company Profit Sharing Plan | - | 363 | $16,913,316 | $2,073,342 | $5,712iApproximate average salary by contribution assumption: employee only about $142,792 at 4% or $95,195 at 6%; with 50% employer match about $95,195 at 4% or $63,463 at 6%; with 100% employer match about $71,396 at 4% or $47,597 at 6%. |
| Banks Construction Company Employee Benefit Plan | - | 223 | - | - | - |
| 2022 | 2 | 341 | $13,546,915 | $1,801,945 | $5,284iApproximate average salary by contribution assumption: employee only about $132,107 at 4% or $88,072 at 6%; with 50% employer match about $88,072 at 4% or $58,714 at 6%; with 100% employer match about $66,054 at 4% or $44,036 at 6%. |
| Banks Construction Company Profit Sharing Plan | - | 341 | $13,546,915 | $1,801,945 | $5,284iApproximate average salary by contribution assumption: employee only about $132,107 at 4% or $88,072 at 6%; with 50% employer match about $88,072 at 4% or $58,714 at 6%; with 100% employer match about $66,054 at 4% or $44,036 at 6%. |
| Banks Construction Company Employee Benefit Plan | - | 202 | - | - | - |
| 2021 | 2 | 270 | $15,494,992 | $1,541,950 | $5,711iApproximate average salary by contribution assumption: employee only about $142,773 at 4% or $95,182 at 6%; with 50% employer match about $95,182 at 4% or $63,455 at 6%; with 100% employer match about $71,387 at 4% or $47,591 at 6%. |
| Banks Construction Company Profit Sharing Plan | - | 270 | $15,494,992 | $1,541,950 | $5,711iApproximate average salary by contribution assumption: employee only about $142,773 at 4% or $95,182 at 6%; with 50% employer match about $95,182 at 4% or $63,455 at 6%; with 100% employer match about $71,387 at 4% or $47,591 at 6%. |
| Banks Construction Company Employee Benefit Plan | - | 192 | - | - | - |
| 2020 | 2 | 256 | $14,105,044 | $1,506,728 | $5,886iApproximate average salary by contribution assumption: employee only about $147,141 at 4% or $98,094 at 6%; with 50% employer match about $98,094 at 4% or $65,396 at 6%; with 100% employer match about $73,571 at 4% or $49,047 at 6%. |
| Banks Construction Company Profit Sharing Plan | - | 256 | $14,105,044 | $1,506,728 | $5,886iApproximate average salary by contribution assumption: employee only about $147,141 at 4% or $98,094 at 6%; with 50% employer match about $98,094 at 4% or $65,396 at 6%; with 100% employer match about $73,571 at 4% or $49,047 at 6%. |
| Banks Construction Company Employee Benefit Plan | - | 202 | - | - | - |
| 2019 | 2 | 285 | $13,340,868 | $1,374,590 | $4,823iApproximate average salary by contribution assumption: employee only about $120,578 at 4% or $80,385 at 6%; with 50% employer match about $80,385 at 4% or $53,590 at 6%; with 100% employer match about $60,289 at 4% or $40,193 at 6%. |
| Banks Construction Company Profit Sharing Plan | - | 285 | $13,340,868 | $1,374,590 | $4,823iApproximate average salary by contribution assumption: employee only about $120,578 at 4% or $80,385 at 6%; with 50% employer match about $80,385 at 4% or $53,590 at 6%; with 100% employer match about $60,289 at 4% or $40,193 at 6%. |
| Banks Construction Company Employee Benefit Plan | - | 232 | - | - | - |
| 2018 | 2 | 282 | $10,068,983 | $1,247,894 | $4,425iApproximate average salary by contribution assumption: employee only about $110,629 at 4% or $73,753 at 6%; with 50% employer match about $73,753 at 4% or $49,168 at 6%; with 100% employer match about $55,314 at 4% or $36,876 at 6%. |
| Banks Construction Company Profit Sharing Plan | - | 282 | $10,068,983 | $1,247,894 | $4,425iApproximate average salary by contribution assumption: employee only about $110,629 at 4% or $73,753 at 6%; with 50% employer match about $73,753 at 4% or $49,168 at 6%; with 100% employer match about $55,314 at 4% or $36,876 at 6%. |
| Banks Construction Company Employee Benefit Plan | - | 232 | - | - | - |
| 2017 | 2 | 313 | $9,949,236 | $1,212,749 | $3,875iApproximate average salary by contribution assumption: employee only about $96,865 at 4% or $64,577 at 6%; with 50% employer match about $64,577 at 4% or $43,051 at 6%; with 100% employer match about $48,432 at 4% or $32,288 at 6%. |
| Banks Construction Company Profit Sharing Plan | - | 313 | $9,949,236 | $1,212,749 | $3,875iApproximate average salary by contribution assumption: employee only about $96,865 at 4% or $64,577 at 6%; with 50% employer match about $64,577 at 4% or $43,051 at 6%; with 100% employer match about $48,432 at 4% or $32,288 at 6%. |
| Banks Construction Company Employee Benefit Plan | - | 240 | - | - | - |
| 2016 | 2 | 356 | $8,487,920 | $904,907 | $2,542iApproximate average salary by contribution assumption: employee only about $63,547 at 4% or $42,365 at 6%; with 50% employer match about $42,365 at 4% or $28,243 at 6%; with 100% employer match about $31,773 at 4% or $21,182 at 6%. |
| Banks Construction Company Profit Sharing Plan | - | 356 | $8,487,920 | $904,907 | $2,542iApproximate average salary by contribution assumption: employee only about $63,547 at 4% or $42,365 at 6%; with 50% employer match about $42,365 at 4% or $28,243 at 6%; with 100% employer match about $31,773 at 4% or $21,182 at 6%. |
| Banks Construction Company Employee Benefit Plan | - | 236 | - | - | - |
| 2015 | 2 | 281 | $7,317,015 | $596,083 | $2,121iApproximate average salary by contribution assumption: employee only about $53,032 at 4% or $35,355 at 6%; with 50% employer match about $35,355 at 4% or $23,570 at 6%; with 100% employer match about $26,516 at 4% or $17,677 at 6%. |
| Banks Construction Company Profit Sharing Plan | - | 281 | $7,317,015 | $596,083 | $2,121iApproximate average salary by contribution assumption: employee only about $53,032 at 4% or $35,355 at 6%; with 50% employer match about $35,355 at 4% or $23,570 at 6%; with 100% employer match about $26,516 at 4% or $17,677 at 6%. |
| Banks Construction Company Employee Benefit Plan | - | 236 | - | - | - |
| 2014 | 2 | 244 | $7,176,662 | $416,579 | $1,707iApproximate average salary by contribution assumption: employee only about $42,682 at 4% or $28,455 at 6%; with 50% employer match about $28,455 at 4% or $18,970 at 6%; with 100% employer match about $21,341 at 4% or $14,227 at 6%. |
| Banks Construction Company Profit Sharing Plan | - | 244 | $7,176,662 | $416,579 | $1,707iApproximate average salary by contribution assumption: employee only about $42,682 at 4% or $28,455 at 6%; with 50% employer match about $28,455 at 4% or $18,970 at 6%; with 100% employer match about $21,341 at 4% or $14,227 at 6%. |
| Banks Construction Company Employee Benefit Plan | - | 159 | - | - | - |
| 2013 | 2 | 236 | $6,756,803 | $433,237 | $1,836iApproximate average salary by contribution assumption: employee only about $45,894 at 4% or $30,596 at 6%; with 50% employer match about $30,596 at 4% or $20,397 at 6%; with 100% employer match about $22,947 at 4% or $15,298 at 6%. |
| Banks Construction Company Profit Sharing Plan | - | 236 | $6,756,803 | $433,237 | $1,836iApproximate average salary by contribution assumption: employee only about $45,894 at 4% or $30,596 at 6%; with 50% employer match about $30,596 at 4% or $20,397 at 6%; with 100% employer match about $22,947 at 4% or $15,298 at 6%. |
| Banks Construction Company Employee Benefit Plan | - | 160 | - | - | - |
| 2012 | 2 | 297 | $5,900,660 | $415,153 | $1,398iApproximate average salary by contribution assumption: employee only about $34,946 at 4% or $23,297 at 6%; with 50% employer match about $23,297 at 4% or $15,531 at 6%; with 100% employer match about $17,473 at 4% or $11,649 at 6%. |
| Banks Construction Company Profit Sharing Plan | - | 297 | $5,900,660 | $415,153 | $1,398iApproximate average salary by contribution assumption: employee only about $34,946 at 4% or $23,297 at 6%; with 50% employer match about $23,297 at 4% or $15,531 at 6%; with 100% employer match about $17,473 at 4% or $11,649 at 6%. |
| Banks Construction Company Employee Benefit Plan | - | 158 | - | - | - |
| 2011 | 2 | 282 | $5,253,634 | $440,014 | $1,560iApproximate average salary by contribution assumption: employee only about $39,008 at 4% or $26,006 at 6%; with 50% employer match about $26,006 at 4% or $17,337 at 6%; with 100% employer match about $19,504 at 4% or $13,003 at 6%. |
| Banks Construction Company Profit Sharing Plan | - | 282 | $5,253,634 | $440,014 | $1,560iApproximate average salary by contribution assumption: employee only about $39,008 at 4% or $26,006 at 6%; with 50% employer match about $26,006 at 4% or $17,337 at 6%; with 100% employer match about $19,504 at 4% or $13,003 at 6%. |
| Banks Construction Company Employee Benefit Plan | - | 176 | - | - | - |
| 2010 | 2 | 294 | $5,384,008 | $381,055 | $1,296iApproximate average salary by contribution assumption: employee only about $32,403 at 4% or $21,602 at 6%; with 50% employer match about $21,602 at 4% or $14,401 at 6%; with 100% employer match about $16,201 at 4% or $10,801 at 6%. |
| Banks Construction Company Profit Sharing Plan | - | 294 | $5,384,008 | $381,055 | $1,296iApproximate average salary by contribution assumption: employee only about $32,403 at 4% or $21,602 at 6%; with 50% employer match about $21,602 at 4% or $14,401 at 6%; with 100% employer match about $16,201 at 4% or $10,801 at 6%. |
| Banks Construction Company Employee Benefit Plan | - | 187 | - | - | - |
| 2009 | 2 | 256 | $4,933,804 | $349,421 | $1,365iApproximate average salary by contribution assumption: employee only about $34,123 at 4% or $22,749 at 6%; with 50% employer match about $22,749 at 4% or $15,166 at 6%; with 100% employer match about $17,062 at 4% or $11,374 at 6%. |
| Banks Construction Company Profit Sharing Plan | - | 256 | $4,933,804 | $349,421 | $1,365iApproximate average salary by contribution assumption: employee only about $34,123 at 4% or $22,749 at 6%; with 50% employer match about $22,749 at 4% or $15,166 at 6%; with 100% employer match about $17,062 at 4% or $11,374 at 6%. |
| Banks Construction Company Employee Benefit Plan | - | 170 | - | - | - |
| 2008 | 2 | 192 | $4,214,153 | $479,248 | $2,496iApproximate average salary by contribution assumption: employee only about $62,402 at 4% or $41,601 at 6%; with 50% employer match about $41,601 at 4% or $27,734 at 6%; with 100% employer match about $31,201 at 4% or $20,801 at 6%. |
| Banks Construction Company Profit Sharing Plan | - | 192 | $4,214,153 | $479,248 | $2,496iApproximate average salary by contribution assumption: employee only about $62,402 at 4% or $41,601 at 6%; with 50% employer match about $41,601 at 4% or $27,734 at 6%; with 100% employer match about $31,201 at 4% or $20,801 at 6%. |
| Banks Construction Company Employee Benefit Plan | - | 161 | - | - | - |
| 2007 | 2 | 271 | $5,919,151 | $816,825 | $3,014iApproximate average salary by contribution assumption: employee only about $75,353 at 4% or $50,235 at 6%; with 50% employer match about $50,235 at 4% or $33,490 at 6%; with 100% employer match about $37,676 at 4% or $25,118 at 6%. |
| Banks Construction Company Profit Sharing Plan | - | 271 | $5,919,151 | $816,825 | $3,014iApproximate average salary by contribution assumption: employee only about $75,353 at 4% or $50,235 at 6%; with 50% employer match about $50,235 at 4% or $33,490 at 6%; with 100% employer match about $37,676 at 4% or $25,118 at 6%. |
| Banks Construction Company Employee Benefit Plan | - | 147 | - | - | - |
| 2006 | 2 | 253 | $5,620,396 | $475,816 | $1,881iApproximate average salary by contribution assumption: employee only about $47,017 at 4% or $31,345 at 6%; with 50% employer match about $31,345 at 4% or $20,897 at 6%; with 100% employer match about $23,509 at 4% or $15,672 at 6%. |
| Banks Construction Company Profit Sharing Plan | - | 253 | $5,620,396 | $475,816 | $1,881iApproximate average salary by contribution assumption: employee only about $47,017 at 4% or $31,345 at 6%; with 50% employer match about $31,345 at 4% or $20,897 at 6%; with 100% employer match about $23,509 at 4% or $15,672 at 6%. |
| Banks Construction Company Employee Benefit Plan | - | 178 | - | - | - |
| 2005 | 2 | 303 | $5,199,812 | $334,726 | $1,105iApproximate average salary by contribution assumption: employee only about $27,618 at 4% or $18,412 at 6%; with 50% employer match about $18,412 at 4% or $12,275 at 6%; with 100% employer match about $13,809 at 4% or $9,206 at 6%. |
| Banks Construction Company Profit Sharing Plan | - | 303 | $5,199,812 | $334,726 | $1,105iApproximate average salary by contribution assumption: employee only about $27,618 at 4% or $18,412 at 6%; with 50% employer match about $18,412 at 4% or $12,275 at 6%; with 100% employer match about $13,809 at 4% or $9,206 at 6%. |
| Banks Construction Company Employee Benefit Plan | - | 170 | - | - | - |
| 2004 | 2 | 261 | $4,863,225 | $422,535 | $1,619iApproximate average salary by contribution assumption: employee only about $40,473 at 4% or $26,982 at 6%; with 50% employer match about $26,982 at 4% or $17,988 at 6%; with 100% employer match about $20,236 at 4% or $13,491 at 6%. |
| Banks Construction Company Profit Sharing Plan | - | 261 | $4,863,225 | $422,535 | $1,619iApproximate average salary by contribution assumption: employee only about $40,473 at 4% or $26,982 at 6%; with 50% employer match about $26,982 at 4% or $17,988 at 6%; with 100% employer match about $20,236 at 4% or $13,491 at 6%. |
| Banks Construction Company Employee Benefit Plan | - | 188 | - | - | - |
| 2003 | 2 | 244 | $4,450,841 | $417,101 | $1,709iApproximate average salary by contribution assumption: employee only about $42,736 at 4% or $28,491 at 6%; with 50% employer match about $28,491 at 4% or $18,994 at 6%; with 100% employer match about $21,368 at 4% or $14,245 at 6%. |
| Banks Construction Company Profit Sharing Plan | - | 244 | $4,450,841 | $417,101 | $1,709iApproximate average salary by contribution assumption: employee only about $42,736 at 4% or $28,491 at 6%; with 50% employer match about $28,491 at 4% or $18,994 at 6%; with 100% employer match about $21,368 at 4% or $14,245 at 6%. |
| Banks Construction Company Employee Benefit Plan | - | 158 | - | - | - |
| 2002 | 1 | 147 | $3,651,882 | $670,984 | $4,565iApproximate average salary by contribution assumption: employee only about $114,113 at 4% or $76,075 at 6%; with 50% employer match about $76,075 at 4% or $50,717 at 6%; with 100% employer match about $57,056 at 4% or $38,038 at 6%. |
| Banks Construction Company Profit Sharing Plan | - | 147 | $3,651,882 | $670,984 | $4,565iApproximate average salary by contribution assumption: employee only about $114,113 at 4% or $76,075 at 6%; with 50% employer match about $76,075 at 4% or $50,717 at 6%; with 100% employer match about $57,056 at 4% or $38,038 at 6%. |
| 2001 | 2 | 201 | $3,857,101 | $455,345 | $2,265iApproximate average salary by contribution assumption: employee only about $56,635 at 4% or $37,757 at 6%; with 50% employer match about $37,757 at 4% or $25,171 at 6%; with 100% employer match about $28,317 at 4% or $18,878 at 6%. |
| Banks Construction Company Profit Sharing Plan | - | 201 | $3,857,101 | $455,345 | $2,265iApproximate average salary by contribution assumption: employee only about $56,635 at 4% or $37,757 at 6%; with 50% employer match about $37,757 at 4% or $25,171 at 6%; with 100% employer match about $28,317 at 4% or $18,878 at 6%. |
| Banks Construction Company Employee Benefit Plan | - | 197 | - | - | - |
| 2000 | 2 | 326 | $4,360,411 | $520,207 | $1,596iApproximate average salary by contribution assumption: employee only about $39,893 at 4% or $26,595 at 6%; with 50% employer match about $26,595 at 4% or $17,730 at 6%; with 100% employer match about $19,947 at 4% or $13,298 at 6%. |
| Banks Construction Company Profit Sharing Plan | - | 119 | $4,360,411 | $520,207 | $4,371iApproximate average salary by contribution assumption: employee only about $109,287 at 4% or $72,858 at 6%; with 50% employer match about $72,858 at 4% or $48,572 at 6%; with 100% employer match about $54,644 at 4% or $36,429 at 6%. |
| Banks Construction Company Employee Benefit Plan | - | 326 | - | - | - |
| 1999 | 1 | 103 | $4,659,700 | $473,978 | $4,602iApproximate average salary by contribution assumption: employee only about $115,043 at 4% or $76,695 at 6%; with 50% employer match about $76,695 at 4% or $51,130 at 6%; with 100% employer match about $57,522 at 4% or $38,348 at 6%. |
| Banks Construction Company Profit Sharing Plan | - | 103 | $4,659,700 | $473,978 | $4,602iApproximate average salary by contribution assumption: employee only about $115,043 at 4% or $76,695 at 6%; with 50% employer match about $76,695 at 4% or $51,130 at 6%; with 100% employer match about $57,522 at 4% or $38,348 at 6%. |