Civic Intelligence

Bank Independent

Plan context: Bank Independent 401(K) Profit Sharing Plan

EIN 63-0260951 • Florence, AL • 148 filings • 14 plans

426 Veterans DriveFlorence, AL 35630
Current Snapshot

Latest Year

2024

2024 Participants

695

2024 Assets

$83,221,281

2024 Contributions

$3,530,613

Historical Graphs

Total Assets Over Time

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

$83,221,281$41,610,641$0199920122024YearValue
$83,221,281Latest year 2024

Participants Over Time

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

6953480199920122024YearValue
695Latest year 2024

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
20245695$83,221,281$3,530,613$5,080iApproximate average salary by contribution assumption: employee only about $127,000 at 4% or $84,667 at 6%; with 50% employer match about $84,667 at 4% or $56,445 at 6%; with 100% employer match about $63,500 at 4% or $42,333 at 6%.
Bank Independent 401(K) Profit Sharing Plan-573$45,945,912$3,530,613$6,162iApproximate average salary by contribution assumption: employee only about $154,041 at 4% or $102,694 at 6%; with 50% employer match about $102,694 at 4% or $68,463 at 6%; with 100% employer match about $77,020 at 4% or $51,347 at 6%.
Bank Independent Pension Plan-583$35,144,413--
Bank Independent 401K & Profit Sharing Plan-543$2,130,956--
Bank Independent Eap-695---
Bank Independent Health-Dental-608---
202310679$76,905,890$2,985,064$4,396iApproximate average salary by contribution assumption: employee only about $109,907 at 4% or $73,271 at 6%; with 50% employer match about $73,271 at 4% or $48,847 at 6%; with 100% employer match about $54,953 at 4% or $36,636 at 6%.
Bank Independent 401(K) Profit Sharing Plan-563$39,961,996$2,985,064$5,302iApproximate average salary by contribution assumption: employee only about $132,552 at 4% or $88,368 at 6%; with 50% employer match about $88,368 at 4% or $58,912 at 6%; with 100% employer match about $66,276 at 4% or $44,184 at 6%.
Bank Independent Pension Plan-543$35,099,089--
Bank Independent 401K & Profit Sharing Plan-522$1,844,805--
Bank Independent Eap-679---
Bank Independent Health-Dental-591---
BANK INDEPENDENT 5STAR-119---
Bank Independent Vision-448---
Bank Independent Life/Add-584---
Bank Independent Ltd-584---
Bannk Independent Aflac-211---
202210633$69,707,569$3,088,511$4,879iApproximate average salary by contribution assumption: employee only about $121,979 at 4% or $81,319 at 6%; with 50% employer match about $81,319 at 4% or $54,213 at 6%; with 100% employer match about $60,990 at 4% or $40,660 at 6%.
Bank Independent Pension Plan-511$35,016,142--
Bank Independent 401(K) Profit Sharing Plan-519$32,918,878$3,088,511$5,951iApproximate average salary by contribution assumption: employee only about $148,772 at 4% or $99,181 at 6%; with 50% employer match about $99,181 at 4% or $66,121 at 6%; with 100% employer match about $74,386 at 4% or $49,591 at 6%.
Bank Independent 401K & Profit Sharing Plan-489$1,772,549--
Bank Independent Health-Dental-566---
Bank Independent Eap-633---
Bannk Independent Aflac-230---
Bank Independent Ltd-568---
Bank Independent Life/Add-568---
Bank Independent Vision-434---
BANK INDEPENDENT 5STAR-113---
202110588$76,290,858$3,679,582$6,258iApproximate average salary by contribution assumption: employee only about $156,445 at 4% or $104,297 at 6%; with 50% employer match about $104,297 at 4% or $69,531 at 6%; with 100% employer match about $78,222 at 4% or $52,148 at 6%.
Bank Independent 401(K) Profit Sharing Plan-503$38,670,628$3,679,582$7,315iApproximate average salary by contribution assumption: employee only about $182,882 at 4% or $121,921 at 6%; with 50% employer match about $121,921 at 4% or $81,281 at 6%; with 100% employer match about $91,441 at 4% or $60,961 at 6%.
Bank Independent Pension Plan-497$36,173,910--
Bank Independent 401K & Profit Sharing Plan-492$1,446,320--
Bank Independent Eap-588---
Bank Independent Health-Dental-541---
Bannk Independent Aflac-222---
Bank Independent Vision-393---
BANK INDEPENDENT 5STAR-113---
Bank Independent Ltd-529---
Bank Independent Life/Add-529---
202010627$69,927,621$11,713,604$18,682iApproximate average salary by contribution assumption: employee only about $467,050 at 4% or $311,366 at 6%; with 50% employer match about $311,366 at 4% or $207,578 at 6%; with 100% employer match about $233,525 at 4% or $155,683 at 6%.
Bank Independent Pension Plan-532$37,211,857$9,109,936$17,124iApproximate average salary by contribution assumption: employee only about $428,098 at 4% or $285,399 at 6%; with 50% employer match about $285,399 at 4% or $190,266 at 6%; with 100% employer match about $214,049 at 4% or $142,699 at 6%.
Bank Independent 401(K) Profit Sharing Plan-536$31,298,383$2,603,668$4,858iApproximate average salary by contribution assumption: employee only about $121,440 at 4% or $80,960 at 6%; with 50% employer match about $80,960 at 4% or $53,973 at 6%; with 100% employer match about $60,720 at 4% or $40,480 at 6%.
Bank Independent 401K & Profit Sharing Plan-549$1,417,381--
Bank Independent Eap-627---
Bank Independent Health-Dental-538---
Bank Independent Life/Add-508---
Bank Independent Ltd-508---
Bank Independent Vision-382---
Bannk Independent Aflac-216---
BANK INDEPENDENT 5STAR-110---
201910590$58,284,778$8,864,888$15,025iApproximate average salary by contribution assumption: employee only about $375,631 at 4% or $250,421 at 6%; with 50% employer match about $250,421 at 4% or $166,947 at 6%; with 100% employer match about $187,815 at 4% or $125,210 at 6%.
Bank Independent Pension Plan-503$28,976,249$6,476,500$12,876iApproximate average salary by contribution assumption: employee only about $321,894 at 4% or $214,596 at 6%; with 50% employer match about $214,596 at 4% or $143,064 at 6%; with 100% employer match about $160,947 at 4% or $107,298 at 6%.
Bank Independent 401(K) Profit Sharing Plan-499$27,741,885$2,388,388$4,786iApproximate average salary by contribution assumption: employee only about $119,659 at 4% or $79,772 at 6%; with 50% employer match about $79,772 at 4% or $53,182 at 6%; with 100% employer match about $59,829 at 4% or $39,886 at 6%.
Bank Independent 401K & Profit Sharing Plan-511$1,566,644--
Bank Independent Health-Dental-549---
Bank Independent Eap-590---
Bank Independent Vision-370---
Bannk Independent Aflac-210---
Bank Independent Life/Add-532---
Bank Independent Ltd-532---
BANK INDEPENDENT 5STAR-95---
201810543$46,858,188$2,204,166$4,059iApproximate average salary by contribution assumption: employee only about $101,481 at 4% or $67,654 at 6%; with 50% employer match about $67,654 at 4% or $45,103 at 6%; with 100% employer match about $50,740 at 4% or $33,827 at 6%.
Bank Independent Pension Plan-462$23,199,968--
Bank Independent 401(K) Profit Sharing Plan-469$22,211,900$2,204,166$4,700iApproximate average salary by contribution assumption: employee only about $117,493 at 4% or $78,329 at 6%; with 50% employer match about $78,329 at 4% or $52,219 at 6%; with 100% employer match about $58,746 at 4% or $39,164 at 6%.
Bank Independent 401K & Profit Sharing Plan-38$1,446,320--
Bank Independent Health-Dental-508---
Bank Independent Eap-543---
Bank Independent Vision-356---
Bank Independent Life/Add-505---
Bank Independent Ltd-505---
BANK INDEPENDENT 5STAR-102---
Bannk Independent Aflac-211---
201710543$47,551,504$7,094,488$13,065iApproximate average salary by contribution assumption: employee only about $326,634 at 4% or $217,756 at 6%; with 50% employer match about $217,756 at 4% or $145,171 at 6%; with 100% employer match about $163,317 at 4% or $108,878 at 6%.
Bank Independent Pension Plan-481$23,850,692$4,832,841$10,047iApproximate average salary by contribution assumption: employee only about $251,187 at 4% or $167,458 at 6%; with 50% employer match about $167,458 at 4% or $111,639 at 6%; with 100% employer match about $125,594 at 4% or $83,729 at 6%.
Bank Independent 401(K) Profit Sharing Plan-484$22,412,047$2,261,647$4,673iApproximate average salary by contribution assumption: employee only about $116,821 at 4% or $77,880 at 6%; with 50% employer match about $77,880 at 4% or $51,920 at 6%; with 100% employer match about $58,410 at 4% or $38,940 at 6%.
Bank Independent 401K & Profit Sharing Plan-39$1,288,765--
Bank Independent Eap-543---
Bank Independent Health-Dental-476---
Bannk Independent Aflac-205---
BANK INDEPENDENT 5STAR-83---
Bank Independent Ltd-457---
Bank Independent Life/Add-457---
Bank Independent Vision-327---
20169529$38,186,811$4,896,771$9,257iApproximate average salary by contribution assumption: employee only about $231,416 at 4% or $154,278 at 6%; with 50% employer match about $154,278 at 4% or $102,852 at 6%; with 100% employer match about $115,708 at 4% or $77,139 at 6%.
Bank Independent Pension Plan-468$19,621,254$2,944,309$6,291iApproximate average salary by contribution assumption: employee only about $157,281 at 4% or $104,854 at 6%; with 50% employer match about $104,854 at 4% or $69,903 at 6%; with 100% employer match about $78,641 at 4% or $52,427 at 6%.
Bank Independent 401(K) Profit Sharing Plan-469$17,461,064$1,952,462$4,163iApproximate average salary by contribution assumption: employee only about $104,076 at 4% or $69,384 at 6%; with 50% employer match about $69,384 at 4% or $46,256 at 6%; with 100% employer match about $52,038 at 4% or $34,692 at 6%.
Bank Independent 401K & Profit Sharing Plan-39$1,104,493--
Bank Independent Health-Dental-465---
Bank Independent Eap-529---
Bank Independent Vision-298---
Bannk Independent Aflac-196---
Bank Independent Life/Add-458---
Bank Independent Ltd-458---
20159529$34,034,104$3,563,228$6,736iApproximate average salary by contribution assumption: employee only about $168,395 at 4% or $112,263 at 6%; with 50% employer match about $112,263 at 4% or $74,842 at 6%; with 100% employer match about $84,197 at 4% or $56,132 at 6%.
Bank Independent Pension Plan-455$17,219,245$1,523,248$3,348iApproximate average salary by contribution assumption: employee only about $83,695 at 4% or $55,797 at 6%; with 50% employer match about $55,797 at 4% or $37,198 at 6%; with 100% employer match about $41,847 at 4% or $27,898 at 6%.
Bank Independent 401(K) Profit Sharing Plan-455$15,734,994$2,039,980$4,483iApproximate average salary by contribution assumption: employee only about $112,087 at 4% or $74,725 at 6%; with 50% employer match about $74,725 at 4% or $49,816 at 6%; with 100% employer match about $56,043 at 4% or $37,362 at 6%.
Bank Independent 401K & Profit Sharing Plan-472$1,079,865--
Bank Independent Health-Dental-451---
Bank Independent Eap-529---
Bank Independent Vision-268---
Bank Independent Ltd-436---
Bannk Independent Aflac-166---
Bank Independent Life/Add-436---
20149534$32,061,468$6,354,261$11,899iApproximate average salary by contribution assumption: employee only about $297,484 at 4% or $198,323 at 6%; with 50% employer match about $198,323 at 4% or $132,215 at 6%; with 100% employer match about $148,742 at 4% or $99,161 at 6%.
Bank Independent Pension Plan-433$16,197,736$4,268,808$9,859iApproximate average salary by contribution assumption: employee only about $246,467 at 4% or $164,311 at 6%; with 50% employer match about $164,311 at 4% or $109,541 at 6%; with 100% employer match about $123,233 at 4% or $82,156 at 6%.
Bank Independent 401(K) Profit Sharing Plan-436$14,793,459$2,085,453$4,783iApproximate average salary by contribution assumption: employee only about $119,579 at 4% or $79,719 at 6%; with 50% employer match about $79,719 at 4% or $53,146 at 6%; with 100% employer match about $59,789 at 4% or $39,860 at 6%.
Bank Independent 401K & Profit Sharing Plan-421$1,070,273--
Bank Independent Health-Dental-446---
Bank Independent Ltd-428---
Bank Independent Life/Add-428---
Bannk Independent Aflac-167---
Bank Independent Vision-245---
Bank Independent Eap-534---
20137433$26,706,092$2,268,038$5,238iApproximate average salary by contribution assumption: employee only about $130,949 at 4% or $87,299 at 6%; with 50% employer match about $87,299 at 4% or $58,200 at 6%; with 100% employer match about $65,475 at 4% or $43,650 at 6%.
Bank Independent 401(K) Profit Sharing Plan-433$13,039,662$1,731,787$4,000iApproximate average salary by contribution assumption: employee only about $99,988 at 4% or $66,658 at 6%; with 50% employer match about $66,658 at 4% or $44,439 at 6%; with 100% employer match about $49,994 at 4% or $33,329 at 6%.
Bank Independent Pension Plan-425$12,378,759$536,251$1,262iApproximate average salary by contribution assumption: employee only about $31,544 at 4% or $21,029 at 6%; with 50% employer match about $21,029 at 4% or $14,020 at 6%; with 100% employer match about $15,772 at 4% or $10,515 at 6%.
Bank Independent 401K & Profit Sharing Plan-415$1,287,671--
Bank Independent Health-Dental-420---
Bank Independent Ltd-424---
Bank Independent Life/Add-424---
Bank Independent Vision-203---
20128420$23,279,837$6,480,127$15,429iApproximate average salary by contribution assumption: employee only about $385,722 at 4% or $257,148 at 6%; with 50% employer match about $257,148 at 4% or $171,432 at 6%; with 100% employer match about $192,861 at 4% or $128,574 at 6%.
Bank Independent Pension Plan-420$12,222,166$4,761,188$11,336iApproximate average salary by contribution assumption: employee only about $283,404 at 4% or $188,936 at 6%; with 50% employer match about $188,936 at 4% or $125,957 at 6%; with 100% employer match about $141,702 at 4% or $94,468 at 6%.
Bank Independent 401(K) Profit Sharing Plan-404$9,853,537$1,718,939$4,255iApproximate average salary by contribution assumption: employee only about $106,370 at 4% or $70,913 at 6%; with 50% employer match about $70,913 at 4% or $47,276 at 6%; with 100% employer match about $53,185 at 4% or $35,457 at 6%.
Bank Independent 401K & Profit Sharing Plan-390$1,204,134--
Bank Independent Health-Dental-420---
Bank Independent Ltd-413---
Bank Independent Life/Add-413---
Bannk Independent Aflac-155---
Bank Independent Vision-179---
20113401$17,197,913$3,113,398$7,764iApproximate average salary by contribution assumption: employee only about $194,102 at 4% or $129,401 at 6%; with 50% employer match about $129,401 at 4% or $86,268 at 6%; with 100% employer match about $97,051 at 4% or $64,701 at 6%.
Bank Independent 401(K) Profit Sharing Plan-401$7,862,142$1,680,933$4,192iApproximate average salary by contribution assumption: employee only about $104,796 at 4% or $69,864 at 6%; with 50% employer match about $69,864 at 4% or $46,576 at 6%; with 100% employer match about $52,398 at 4% or $34,932 at 6%.
Bank Independent Pension Plan-393$7,808,688$1,432,465$3,645iApproximate average salary by contribution assumption: employee only about $91,124 at 4% or $60,749 at 6%; with 50% employer match about $60,749 at 4% or $40,499 at 6%; with 100% employer match about $45,562 at 4% or $30,375 at 6%.
Bank Independent 401K & Profit Sharing Plan-382$1,527,083--
20103387$15,195,214$1,942,983$5,021iApproximate average salary by contribution assumption: employee only about $125,516 at 4% or $83,677 at 6%; with 50% employer match about $83,677 at 4% or $55,785 at 6%; with 100% employer match about $62,758 at 4% or $41,839 at 6%.
20093447$13,023,758$1,468,677$3,286iApproximate average salary by contribution assumption: employee only about $82,141 at 4% or $54,761 at 6%; with 50% employer match about $54,761 at 4% or $36,507 at 6%; with 100% employer match about $41,070 at 4% or $27,380 at 6%.
20083293$11,033,084$964,379$3,291iApproximate average salary by contribution assumption: employee only about $82,285 at 4% or $54,857 at 6%; with 50% employer match about $54,857 at 4% or $36,571 at 6%; with 100% employer match about $41,142 at 4% or $27,428 at 6%.
20073249$11,238,087$1,674,021$6,723iApproximate average salary by contribution assumption: employee only about $168,074 at 4% or $112,050 at 6%; with 50% employer match about $112,050 at 4% or $74,700 at 6%; with 100% employer match about $84,037 at 4% or $56,025 at 6%.
20063219$9,891,438$1,476,680$6,743iApproximate average salary by contribution assumption: employee only about $168,571 at 4% or $112,381 at 6%; with 50% employer match about $112,381 at 4% or $74,920 at 6%; with 100% employer match about $84,285 at 4% or $56,190 at 6%.
20052188$6,625,008$1,147,548$6,104iApproximate average salary by contribution assumption: employee only about $152,599 at 4% or $101,733 at 6%; with 50% employer match about $101,733 at 4% or $67,822 at 6%; with 100% employer match about $76,300 at 4% or $50,866 at 6%.
20041146$3,177,421$286,090$1,960iApproximate average salary by contribution assumption: employee only about $48,988 at 4% or $32,659 at 6%; with 50% employer match about $32,659 at 4% or $21,772 at 6%; with 100% employer match about $24,494 at 4% or $16,329 at 6%.
20032140$6,316,280$794,115$5,672iApproximate average salary by contribution assumption: employee only about $141,806 at 4% or $94,538 at 6%; with 50% employer match about $94,538 at 4% or $63,025 at 6%; with 100% employer match about $70,903 at 4% or $47,269 at 6%.
20022123$5,390,231$702,425$5,711iApproximate average salary by contribution assumption: employee only about $142,769 at 4% or $95,180 at 6%; with 50% employer match about $95,180 at 4% or $63,453 at 6%; with 100% employer match about $71,385 at 4% or $47,590 at 6%.
20012139$5,268,157$576,423$4,147iApproximate average salary by contribution assumption: employee only about $103,673 at 4% or $69,115 at 6%; with 50% employer match about $69,115 at 4% or $46,077 at 6%; with 100% employer match about $51,837 at 4% or $34,558 at 6%.
20002116$4,544,671$463,892$3,999iApproximate average salary by contribution assumption: employee only about $99,977 at 4% or $66,651 at 6%; with 50% employer match about $66,651 at 4% or $44,434 at 6%; with 100% employer match about $49,988 at 4% or $33,326 at 6%.
19992105$4,465,632$414,104$3,944iApproximate average salary by contribution assumption: employee only about $98,596 at 4% or $65,731 at 6%; with 50% employer match about $65,731 at 4% or $43,821 at 6%; with 100% employer match about $49,298 at 4% or $32,865 at 6%.