Southern Community Bank
Plan context: Southern Community Bank 401K Plan
EIN 59-3492706 • 8 filings • 3 plans
Current Snapshot
Latest Year
2006
2006 Participants
115
2006 Assets
$3,425,357
2006 Contributions
$760,177
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 |
|---|---|---|---|---|---|
| 2006 | 1 | 0 | $0 | $0 | - |
| Southern Community Bank 401K Plan | - | 0 | - | - | - |
| 2005 | 1 | 115 | $3,425,357 | $0 | - |
| Southern Community Bank 401K Plan | - | 115 | $3,425,357 | - | - |
| 2004 | 1 | 132 | $6,955,354 | $760,177 | $5,759iApproximate average salary by contribution assumption: employee only about $143,973 at 4% or $95,982 at 6%; with 50% employer match about $95,982 at 4% or $63,988 at 6%; with 100% employer match about $71,986 at 4% or $47,991 at 6%. |
| Southern Community Bank 401K Plan | - | 132 | $6,955,354 | $760,177 | $5,759iApproximate average salary by contribution assumption: employee only about $143,973 at 4% or $95,982 at 6%; with 50% employer match about $95,982 at 4% or $63,988 at 6%; with 100% employer match about $71,986 at 4% or $47,991 at 6%. |
| 2003 | 1 | 177 | $2,503,545 | $710,245 | $4,013iApproximate average salary by contribution assumption: employee only about $100,317 at 4% or $66,878 at 6%; with 50% employer match about $66,878 at 4% or $44,585 at 6%; with 100% employer match about $50,159 at 4% or $33,439 at 6%. |
| Southern Community Bank 401K Plan | - | 177 | $2,503,545 | $710,245 | $4,013iApproximate average salary by contribution assumption: employee only about $100,317 at 4% or $66,878 at 6%; with 50% employer match about $66,878 at 4% or $44,585 at 6%; with 100% employer match about $50,159 at 4% or $33,439 at 6%. |
| 2002 | 1 | 155 | $0 | $0 | - |
| Southern Community Bank 401K Plan | - | 155 | - | - | - |
| 2001 | 1 | 92 | $0 | $0 | - |
| Southern Community Bank 401K Plan | - | 92 | - | - | - |
| 2000 | 1 | 52 | $322,925 | $227,788 | $4,381iApproximate average salary by contribution assumption: employee only about $109,513 at 4% or $73,009 at 6%; with 50% employer match about $73,009 at 4% or $48,673 at 6%; with 100% employer match about $54,757 at 4% or $36,504 at 6%. |
| Southern Community Bank 401K Plan | - | 52 | $322,925 | $227,788 | $4,381iApproximate average salary by contribution assumption: employee only about $109,513 at 4% or $73,009 at 6%; with 50% employer match about $73,009 at 4% or $48,673 at 6%; with 100% employer match about $54,757 at 4% or $36,504 at 6%. |
| 1999 | 1 | 34 | $140,482 | $134,740 | $3,963iApproximate average salary by contribution assumption: employee only about $99,074 at 4% or $66,049 at 6%; with 50% employer match about $66,049 at 4% or $44,033 at 6%; with 100% employer match about $49,537 at 4% or $33,025 at 6%. |
| Southern Community Bank 401K Plan | - | 34 | $140,482 | $134,740 | $3,963iApproximate average salary by contribution assumption: employee only about $99,074 at 4% or $66,049 at 6%; with 50% employer match about $66,049 at 4% or $44,033 at 6%; with 100% employer match about $49,537 at 4% or $33,025 at 6%. |