Civic Intelligence

Platinum Bank

Plan context: PLATINUM BANK 401(K) PLAN

EIN 59-3460497 • Winter Haven, FL • 15 filings • 3 plans

1951 8th Street NWWinter Haven, FL 33881
Current Snapshot

Latest Year

2017

2017 Participants

93

2017 Assets

$3,941,581

2017 Contributions

$323,712

Historical Graphs

Total Assets Over Time

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

$3,941,581$1,970,791$0200220102016YearValue
$3,941,581Latest year 2016

Participants Over Time

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

93470200220102016YearValue
93Latest year 2016

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
201710$0$323,712-
PLATINUM BANK 401(K) PLAN-0$0$323,712-
2016293$3,941,581$371,290$3,992iApproximate average salary by contribution assumption: employee only about $99,809 at 4% or $66,539 at 6%; with 50% employer match about $66,539 at 4% or $44,360 at 6%; with 100% employer match about $49,905 at 4% or $33,270 at 6%.
PLATINUM BANK 401(K) PLAN-80$3,941,581$371,290$4,641iApproximate average salary by contribution assumption: employee only about $116,028 at 4% or $77,352 at 6%; with 50% employer match about $77,352 at 4% or $51,568 at 6%; with 100% employer match about $58,014 at 4% or $38,676 at 6%.
Platinum Bank Ancillary Benefit Plan-93---
2015185$3,579,194$660,101$7,766iApproximate average salary by contribution assumption: employee only about $194,147 at 4% or $129,432 at 6%; with 50% employer match about $129,432 at 4% or $86,288 at 6%; with 100% employer match about $97,074 at 4% or $64,716 at 6%.
PLATINUM BANK 401(K) PLAN-85$3,579,194$660,101$7,766iApproximate average salary by contribution assumption: employee only about $194,147 at 4% or $129,432 at 6%; with 50% employer match about $129,432 at 4% or $86,288 at 6%; with 100% employer match about $97,074 at 4% or $64,716 at 6%.
2014176$3,070,343$567,947$7,473iApproximate average salary by contribution assumption: employee only about $186,825 at 4% or $124,550 at 6%; with 50% employer match about $124,550 at 4% or $83,033 at 6%; with 100% employer match about $93,412 at 4% or $62,275 at 6%.
PLATINUM BANK 401(K) PLAN-76$3,070,343$567,947$7,473iApproximate average salary by contribution assumption: employee only about $186,825 at 4% or $124,550 at 6%; with 50% employer match about $124,550 at 4% or $83,033 at 6%; with 100% employer match about $93,412 at 4% or $62,275 at 6%.
2013166$2,479,229$378,180$5,730iApproximate average salary by contribution assumption: employee only about $143,250 at 4% or $95,500 at 6%; with 50% employer match about $95,500 at 4% or $63,667 at 6%; with 100% employer match about $71,625 at 4% or $47,750 at 6%.
PLATINUM BANK 401(K) PLAN-66$2,479,229$378,180$5,730iApproximate average salary by contribution assumption: employee only about $143,250 at 4% or $95,500 at 6%; with 50% employer match about $95,500 at 4% or $63,667 at 6%; with 100% employer match about $71,625 at 4% or $47,750 at 6%.
2012156$1,916,031$181,404$3,239iApproximate average salary by contribution assumption: employee only about $80,984 at 4% or $53,989 at 6%; with 50% employer match about $53,989 at 4% or $35,993 at 6%; with 100% employer match about $40,492 at 4% or $26,995 at 6%.
PLATINUM BANK 401(K) PLAN-56$1,916,031$181,404$3,239iApproximate average salary by contribution assumption: employee only about $80,984 at 4% or $53,989 at 6%; with 50% employer match about $53,989 at 4% or $35,993 at 6%; with 100% employer match about $40,492 at 4% or $26,995 at 6%.
2011159$1,798,861$175,990$2,983iApproximate average salary by contribution assumption: employee only about $74,572 at 4% or $49,715 at 6%; with 50% employer match about $49,715 at 4% or $33,143 at 6%; with 100% employer match about $37,286 at 4% or $24,857 at 6%.
PLATINUM BANK 401(K) PLAN-59$1,798,861$175,990$2,983iApproximate average salary by contribution assumption: employee only about $74,572 at 4% or $49,715 at 6%; with 50% employer match about $49,715 at 4% or $33,143 at 6%; with 100% employer match about $37,286 at 4% or $24,857 at 6%.
2010157$1,927,407$129,768$2,277iApproximate average salary by contribution assumption: employee only about $56,916 at 4% or $37,944 at 6%; with 50% employer match about $37,944 at 4% or $25,296 at 6%; with 100% employer match about $28,458 at 4% or $18,972 at 6%.
PLATINUM BANK 401(K) PLAN-57$1,927,407$129,768$2,277iApproximate average salary by contribution assumption: employee only about $56,916 at 4% or $37,944 at 6%; with 50% employer match about $37,944 at 4% or $25,296 at 6%; with 100% employer match about $28,458 at 4% or $18,972 at 6%.
2009153$1,647,392$137,381$2,592iApproximate average salary by contribution assumption: employee only about $64,802 at 4% or $43,202 at 6%; with 50% employer match about $43,202 at 4% or $28,801 at 6%; with 100% employer match about $32,401 at 4% or $21,601 at 6%.
PLATINUM BANK 401(K) PLAN-53$1,647,392$137,381$2,592iApproximate average salary by contribution assumption: employee only about $64,802 at 4% or $43,202 at 6%; with 50% employer match about $43,202 at 4% or $28,801 at 6%; with 100% employer match about $32,401 at 4% or $21,601 at 6%.
2006149$1,378,127$386,947$7,897iApproximate average salary by contribution assumption: employee only about $197,422 at 4% or $131,615 at 6%; with 50% employer match about $131,615 at 4% or $87,743 at 6%; with 100% employer match about $98,711 at 4% or $65,807 at 6%.
PLATINUM BANK 401K PLAN-49$1,378,127$386,947$7,897iApproximate average salary by contribution assumption: employee only about $197,422 at 4% or $131,615 at 6%; with 50% employer match about $131,615 at 4% or $87,743 at 6%; with 100% employer match about $98,711 at 4% or $65,807 at 6%.
2005142$933,049$213,577$5,085iApproximate average salary by contribution assumption: employee only about $127,129 at 4% or $84,753 at 6%; with 50% employer match about $84,753 at 4% or $56,502 at 6%; with 100% employer match about $63,565 at 4% or $42,376 at 6%.
PLATINUM BANK 401K PLAN-42$933,049$213,577$5,085iApproximate average salary by contribution assumption: employee only about $127,129 at 4% or $84,753 at 6%; with 50% employer match about $84,753 at 4% or $56,502 at 6%; with 100% employer match about $63,565 at 4% or $42,376 at 6%.
2004139$676,391$165,777$4,251iApproximate average salary by contribution assumption: employee only about $106,267 at 4% or $70,845 at 6%; with 50% employer match about $70,845 at 4% or $47,230 at 6%; with 100% employer match about $53,134 at 4% or $35,422 at 6%.
PLATINUM BANK 401K PLAN-39$676,391$165,777$4,251iApproximate average salary by contribution assumption: employee only about $106,267 at 4% or $70,845 at 6%; with 50% employer match about $70,845 at 4% or $47,230 at 6%; with 100% employer match about $53,134 at 4% or $35,422 at 6%.
2003135$469,393$150,067$4,288iApproximate average salary by contribution assumption: employee only about $107,191 at 4% or $71,460 at 6%; with 50% employer match about $71,460 at 4% or $47,640 at 6%; with 100% employer match about $53,595 at 4% or $35,730 at 6%.
PLATINUM BANK 401K PLAN-35$469,393$150,067$4,288iApproximate average salary by contribution assumption: employee only about $107,191 at 4% or $71,460 at 6%; with 50% employer match about $71,460 at 4% or $47,640 at 6%; with 100% employer match about $53,595 at 4% or $35,730 at 6%.
2002130$65,047$65,111$2,170iApproximate average salary by contribution assumption: employee only about $54,259 at 4% or $36,173 at 6%; with 50% employer match about $36,173 at 4% or $24,115 at 6%; with 100% employer match about $27,130 at 4% or $18,086 at 6%.
PLATINUM BANK 401K PLAN-30$65,047$65,111$2,170iApproximate average salary by contribution assumption: employee only about $54,259 at 4% or $36,173 at 6%; with 50% employer match about $36,173 at 4% or $24,115 at 6%; with 100% employer match about $27,130 at 4% or $18,086 at 6%.
Platinum Bank | EIN 59-3460497 | 2017 Form 5500 Company Profile