Gulf West Banks Inc
Plan context: Mercantile Bank 401K Plan & Trust
EIN 59-2560767 • 6 filings • 2 plans
Current Snapshot
Latest Year
2001
2001 Participants
164
2001 Assets
$2,413,141
2001 Contributions
$523,351
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 |
|---|---|---|---|---|---|
| 2001 | 2 | 164 | $2,413,141 | $523,351 | $3,191iApproximate average salary by contribution assumption: employee only about $79,779 at 4% or $53,186 at 6%; with 50% employer match about $53,186 at 4% or $35,457 at 6%; with 100% employer match about $39,890 at 4% or $26,593 at 6%. |
| Mercantile Bank 401K Plan & Trust | - | 164 | $2,413,141 | $523,351 | $3,191iApproximate average salary by contribution assumption: employee only about $79,779 at 4% or $53,186 at 6%; with 50% employer match about $53,186 at 4% or $35,457 at 6%; with 100% employer match about $39,890 at 4% or $26,593 at 6%. |
| Mercantile Bank Flex Benefit Plan | - | 164 | - | - | - |
| 2000 | 2 | 156 | $2,780,690 | $442,606 | $2,837iApproximate average salary by contribution assumption: employee only about $70,930 at 4% or $47,287 at 6%; with 50% employer match about $47,287 at 4% or $31,525 at 6%; with 100% employer match about $35,465 at 4% or $23,643 at 6%. |
| Mercantile Bank 401K Plan & Trust | - | 142 | $2,780,690 | $442,606 | $3,117iApproximate average salary by contribution assumption: employee only about $77,924 at 4% or $51,949 at 6%; with 50% employer match about $51,949 at 4% or $34,633 at 6%; with 100% employer match about $38,962 at 4% or $25,975 at 6%. |
| Mercantile Bank Flex Benefit Plan | - | 156 | - | - | - |
| 1999 | 2 | 131 | $3,024,542 | $447,749 | $3,418iApproximate average salary by contribution assumption: employee only about $85,448 at 4% or $56,966 at 6%; with 50% employer match about $56,966 at 4% or $37,977 at 6%; with 100% employer match about $42,724 at 4% or $28,483 at 6%. |
| Mercantile Bank 401K Plan & Trust | - | 131 | $3,024,542 | $447,749 | $3,418iApproximate average salary by contribution assumption: employee only about $85,448 at 4% or $56,966 at 6%; with 50% employer match about $56,966 at 4% or $37,977 at 6%; with 100% employer match about $42,724 at 4% or $28,483 at 6%. |
| Mercantile Bank Flex Benefit Plan | - | 0 | - | - | - |