Merchants Bank
Plan context: Merchants Bank Employee Stock Ownership Plan
EIN 63-0456085 • 15 filings • 2 plans
Current Snapshot
Latest Year
2006
2006 Participants
57
2006 Assets
$5,708,894
2006 Contributions
$189,559
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 | - |
| Merchants Bank 401K Profit Sharing Plan | - | 0 | - | - | - |
| 2005 | 2 | 57 | $5,708,894 | $189,559 | $3,326iApproximate average salary by contribution assumption: employee only about $83,140 at 4% or $55,427 at 6%; with 50% employer match about $55,427 at 4% or $36,951 at 6%; with 100% employer match about $41,570 at 4% or $27,713 at 6%. |
| Merchants Bank Employee Stock Ownership Plan | - | 55 | $4,507,359 | - | - |
| Merchants Bank 401K Profit Sharing Plan | - | 57 | $1,201,535 | $189,559 | $3,326iApproximate average salary by contribution assumption: employee only about $83,140 at 4% or $55,427 at 6%; with 50% employer match about $55,427 at 4% or $36,951 at 6%; with 100% employer match about $41,570 at 4% or $27,713 at 6%. |
| 2004 | 2 | 57 | $4,832,329 | $155,612 | $2,730iApproximate average salary by contribution assumption: employee only about $68,251 at 4% or $45,501 at 6%; with 50% employer match about $45,501 at 4% or $30,334 at 6%; with 100% employer match about $34,125 at 4% or $22,750 at 6%. |
| Merchants Bank Employee Stock Ownership Plan | - | 54 | $3,844,396 | - | - |
| Merchants Bank 401K Profit Sharing Plan | - | 57 | $987,933 | $155,612 | $2,730iApproximate average salary by contribution assumption: employee only about $68,251 at 4% or $45,501 at 6%; with 50% employer match about $45,501 at 4% or $30,334 at 6%; with 100% employer match about $34,125 at 4% or $22,750 at 6%. |
| 2003 | 2 | 62 | $4,148,162 | $161,267 | $2,601iApproximate average salary by contribution assumption: employee only about $65,027 at 4% or $43,351 at 6%; with 50% employer match about $43,351 at 4% or $28,901 at 6%; with 100% employer match about $32,514 at 4% or $21,676 at 6%. |
| Merchants Bank Employee Stock Ownership Plan | - | 59 | $3,363,872 | - | - |
| Merchants Bank 401K Profit Sharing Plan | - | 62 | $784,290 | $161,267 | $2,601iApproximate average salary by contribution assumption: employee only about $65,027 at 4% or $43,351 at 6%; with 50% employer match about $43,351 at 4% or $28,901 at 6%; with 100% employer match about $32,514 at 4% or $21,676 at 6%. |
| 2002 | 2 | 56 | $3,481,296 | $142,620 | $2,547iApproximate average salary by contribution assumption: employee only about $63,670 at 4% or $42,446 at 6%; with 50% employer match about $42,446 at 4% or $28,298 at 6%; with 100% employer match about $31,835 at 4% or $21,223 at 6%. |
| Merchants Bank Employee Stock Ownership Plan | - | 54 | $2,961,432 | - | - |
| Merchants Bank 401K Profit Sharing Plan | - | 56 | $519,864 | $142,620 | $2,547iApproximate average salary by contribution assumption: employee only about $63,670 at 4% or $42,446 at 6%; with 50% employer match about $42,446 at 4% or $28,298 at 6%; with 100% employer match about $31,835 at 4% or $21,223 at 6%. |
| 2001 | 2 | 59 | $2,545,868 | $0 | - |
| Merchants Bank Employee Stock Ownership Plan | - | 54 | $2,545,868 | - | - |
| Merchants Bank 401K Profit Sharing Plan | - | 59 | - | - | - |
| 2000 | 2 | 59 | $3,001,223 | $127,488 | $2,161iApproximate average salary by contribution assumption: employee only about $54,020 at 4% or $36,014 at 6%; with 50% employer match about $36,014 at 4% or $24,009 at 6%; with 100% employer match about $27,010 at 4% or $18,007 at 6%. |
| Merchants Bank Employee Stock Ownership Plan | - | 53 | $2,549,021 | - | - |
| Merchants Bank 401K Profit Sharing Plan | - | 59 | $452,202 | $127,488 | $2,161iApproximate average salary by contribution assumption: employee only about $54,020 at 4% or $36,014 at 6%; with 50% employer match about $36,014 at 4% or $24,009 at 6%; with 100% employer match about $27,010 at 4% or $18,007 at 6%. |
| 1999 | 2 | 53 | $2,899,042 | $115,208 | $2,174iApproximate average salary by contribution assumption: employee only about $54,343 at 4% or $36,229 at 6%; with 50% employer match about $36,229 at 4% or $24,153 at 6%; with 100% employer match about $27,172 at 4% or $18,114 at 6%. |
| Merchants Bank Employee Stock Ownership Plan | - | 49 | $2,481,817 | - | - |
| Merchants Bank 401K Profit Sharing Plan | - | 53 | $417,225 | $115,208 | $2,174iApproximate average salary by contribution assumption: employee only about $54,343 at 4% or $36,229 at 6%; with 50% employer match about $36,229 at 4% or $24,153 at 6%; with 100% employer match about $27,172 at 4% or $18,114 at 6%. |