Civic Intelligence
Filing

THE COLONIAL BANCGROUP 401K PLAN

Colonial Bancgroup • EIN 63-0661573 • Plan year 2006

Company ProfileSource Archive
Filing Insights

Participants

Down

5,337 → 4,861

-476 • -8.92%

Assets

Up

$97,802,453 → $121,510,925

$23,708,472 • 24.24%

Investment Management Fee

0.00%

$0

Admin expenses $267,860 • Total expenses $11,192,363

Filing Details

Context
Net investment result
$23,708,472
Pension payor EIN
94-3149038

Status Flags

Fidelity bond in place

Yes

Limited-scope audit performed

Not reported

Contributions transmitted on time

No

Participant loans in default

No

Leases in default

No

Reportable party-in-interest issues

No

Loss discovered during year

No

Assets with undetermined value

No

Non-cash contributions

No

Assets held for investment

Yes

5% transactions reported

No

All plan assets distributed

No

Benefits paid when due

Not reported

Plan blackout period

Not reported

Plan termination resolution adopted

No

Counterparties
ProviderServicesLocationDirect CompensationRelated
PRICEWATERHOUSECOOPERS,LLPEIN 13-4008324Accountant--TRUSTEES, WHOLESALER-DISTRIBUTORS INSURANCE TRUST, C/O BETH R. CRUZ

Company Timeline

This filing is highlighted inside the broader sponsor history.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
201410$0$0-
THE COLONIAL BANCGROUP 401(K) PLAN-0---
201310$257,835$0-
THE COLONIAL BANCGROUP 401(K) PLAN-0$257,835--
201210$1,723,689$0-
THE COLONIAL BANCGROUP 401(K) PLAN-0$1,723,689--
201110$32$0-
THE COLONIAL BANCGROUP 401(K) PLAN-0$32--
201010$12,646,085$0-
THE COLONIAL BANCGROUP 401(K) PLAN-0$12,646,085--
20092643$24,607,904$8,017,809$12,469iApproximate average salary by contribution assumption: employee only about $311,734 at 4% or $207,823 at 6%; with 50% employer match about $207,823 at 4% or $138,549 at 6%; with 100% employer match about $155,867 at 4% or $103,911 at 6%.
THE COLONIAL BANCGROUP 401(K) PLAN-5$24,607,904$8,017,809$1,603,562iApproximate average salary by contribution assumption: employee only about $40,089,045 at 4% or $26,726,030 at 6%; with 50% employer match about $26,726,030 at 4% or $17,817,353 at 6%; with 100% employer match about $20,044,523 at 4% or $13,363,015 at 6%.
Colonial Bancgroup Cafeteria Plan-643---
200844,962$124,781,881$21,075,208$4,247iApproximate average salary by contribution assumption: employee only about $106,183 at 4% or $70,789 at 6%; with 50% employer match about $70,789 at 4% or $47,192 at 6%; with 100% employer match about $53,092 at 4% or $35,394 at 6%.
THE COLONIAL BANCGROUP 401K PLAN-4,962$72,324,053$21,075,208$4,247iApproximate average salary by contribution assumption: employee only about $106,183 at 4% or $70,789 at 6%; with 50% employer match about $70,789 at 4% or $47,192 at 6%; with 100% employer match about $53,092 at 4% or $35,394 at 6%.
THE COLONIAL RETIREMENT PLAN-1,580$52,457,828--
Colonial Bancgroup Cafeteria Plan-4,546---
COLONIAL BANCGROUP, INC. REDUCTION-IN-FORCE SEVERANCE PLAN-4,930---
200754,970$184,108,555$22,063,870$4,439iApproximate average salary by contribution assumption: employee only about $110,985 at 4% or $73,990 at 6%; with 50% employer match about $73,990 at 4% or $49,327 at 6%; with 100% employer match about $55,493 at 4% or $36,995 at 6%.
THE COLONIAL BANCGROUP 401K PLAN-4,794$111,023,642$22,063,863$4,602iApproximate average salary by contribution assumption: employee only about $115,060 at 4% or $76,707 at 6%; with 50% employer match about $76,707 at 4% or $51,138 at 6%; with 100% employer match about $57,530 at 4% or $38,353 at 6%.
THE COLONIAL RETIREMENT PLAN-1,799$73,084,588--
FIRST FEDERAL SAVINGS BANK OF LAKE COUNTY EMPLOYEE STOCK OWNERSHIP AND 401K PLAN-0$325$7-
Colonial Bancgroup Cafeteria Plan-4,500---
COLONIAL BANCGROUP, INC. REDUCTION-IN-FORCE SEVERANCE PLAN-4,970---
200666,069$209,457,166$28,084,265$4,627iApproximate average salary by contribution assumption: employee only about $115,687 at 4% or $77,125 at 6%; with 50% employer match about $77,125 at 4% or $51,417 at 6%; with 100% employer match about $57,844 at 4% or $38,562 at 6%.
THE COLONIAL BANCGROUP 401K PLANCurrent4,861$121,510,925$23,082,970$4,749iApproximate average salary by contribution assumption: employee only about $118,715 at 4% or $79,143 at 6%; with 50% employer match about $79,143 at 4% or $52,762 at 6%; with 100% employer match about $59,358 at 4% or $39,572 at 6%.
THE COLONIAL RETIREMENT PLAN-2,266$71,899,004$5,000,000$2,207iApproximate average salary by contribution assumption: employee only about $55,163 at 4% or $36,776 at 6%; with 50% employer match about $36,776 at 4% or $24,517 at 6%; with 100% employer match about $27,582 at 4% or $18,388 at 6%.
FIRST FEDERAL SAVINGS BANK OF LAKE COUNTY EMPLOYEE STOCK OWNERSHIP AND 401K PLAN-87$16,047,237$1,295$15iApproximate average salary by contribution assumption: employee only about $372 at 4% or $248 at 6%; with 50% employer match about $248 at 4% or $165 at 6%; with 100% employer match about $186 at 4% or $124 at 6%.
COLONIAL BANCGROUP, INC. REDUCTION-IN-FORCE SEVERANCE PLAN-4,373---
PCB BANCORP, INC. 401K PLAN-0---
Colonial Bancgroup Cafeteria Plan-6,069---
200556,427$160,425,719$15,813,943$2,461iApproximate average salary by contribution assumption: employee only about $61,514 at 4% or $41,009 at 6%; with 50% employer match about $41,009 at 4% or $27,339 at 6%; with 100% employer match about $30,757 at 4% or $20,505 at 6%.
THE COLONIAL BANCGROUP 401K PLAN-4,698$97,802,453$13,913,943$2,962iApproximate average salary by contribution assumption: employee only about $74,042 at 4% or $49,361 at 6%; with 50% employer match about $49,361 at 4% or $32,907 at 6%; with 100% employer match about $37,021 at 4% or $24,681 at 6%.
THE COLONIAL RETIREMENT PLAN-2,816$62,623,266$1,900,000$675iApproximate average salary by contribution assumption: employee only about $16,868 at 4% or $11,245 at 6%; with 50% employer match about $11,245 at 4% or $7,497 at 6%; with 100% employer match about $8,434 at 4% or $5,623 at 6%.
PCB BANCORP, INC. 401K PROFIT SHARING PLAN-59---
FIRST FEDERAL SAVINGS BANK OF LAKE COUNTY EMPLOYEE STOCK OWNERSHIP AND 401K PLAN-113---
Colonial Bancgroup Cafeteria Plan-6,427---
200433,996$142,080,634$10,757,774$2,692iApproximate average salary by contribution assumption: employee only about $67,303 at 4% or $44,869 at 6%; with 50% employer match about $44,869 at 4% or $29,913 at 6%; with 100% employer match about $33,652 at 4% or $22,434 at 6%.
THE COLONIAL BANCGROUP 401K PLAN-3,996$83,521,094$10,757,774$2,692iApproximate average salary by contribution assumption: employee only about $67,303 at 4% or $44,869 at 6%; with 50% employer match about $44,869 at 4% or $29,913 at 6%; with 100% employer match about $33,652 at 4% or $22,434 at 6%.
THE COLONIAL RETIREMENT PLAN-2,831$58,559,540--
Colonial Bancgroup Cafeteria Plan-3,956---
200333,722$122,714,625$31,563,551$8,480iApproximate average salary by contribution assumption: employee only about $212,007 at 4% or $141,338 at 6%; with 50% employer match about $141,338 at 4% or $94,225 at 6%; with 100% employer match about $106,003 at 4% or $70,669 at 6%.
THE COLONIAL BANCGROUP 401 K PLAN-3,722$68,463,608$9,921,447$2,666iApproximate average salary by contribution assumption: employee only about $66,641 at 4% or $44,427 at 6%; with 50% employer match about $44,427 at 4% or $29,618 at 6%; with 100% employer match about $33,320 at 4% or $22,214 at 6%.
THE COLONIAL RETIREMENT PLAN-2,734$54,251,017$21,642,104$7,916iApproximate average salary by contribution assumption: employee only about $197,898 at 4% or $131,932 at 6%; with 50% employer match about $131,932 at 4% or $87,955 at 6%; with 100% employer match about $98,949 at 4% or $65,966 at 6%.
Colonial Bancgroup Cafeteria Plan-3,444---
200243,532$74,458,294$13,829,264$3,915iApproximate average salary by contribution assumption: employee only about $97,886 at 4% or $65,257 at 6%; with 50% employer match about $65,257 at 4% or $43,505 at 6%; with 100% employer match about $48,943 at 4% or $32,629 at 6%.
THE COLONIAL BANCGROUP 401K PLAN-3,532$46,015,217$9,385,013$2,657iApproximate average salary by contribution assumption: employee only about $66,428 at 4% or $44,286 at 6%; with 50% employer match about $44,286 at 4% or $29,524 at 6%; with 100% employer match about $33,214 at 4% or $22,143 at 6%.
THE COLONIAL RETIREMENT PLAN-2,563$28,443,077$4,444,251$1,734iApproximate average salary by contribution assumption: employee only about $43,350 at 4% or $28,900 at 6%; with 50% employer match about $28,900 at 4% or $19,267 at 6%; with 100% employer match about $21,675 at 4% or $14,450 at 6%.
COLONIAL BANCGROUP CAFETERIA PLAN-0---
Colonial Bancgroup Cafeteria Plan-0---
200123,252$73,977,901$11,503,697$3,537iApproximate average salary by contribution assumption: employee only about $88,436 at 4% or $58,957 at 6%; with 50% employer match about $58,957 at 4% or $39,305 at 6%; with 100% employer match about $44,218 at 4% or $29,479 at 6%.
THE COLONIAL BANCGROUP 401K PLAN-3,252$46,414,198$7,528,034$2,315iApproximate average salary by contribution assumption: employee only about $57,872 at 4% or $38,582 at 6%; with 50% employer match about $38,582 at 4% or $25,721 at 6%; with 100% employer match about $28,936 at 4% or $19,291 at 6%.
THE COLONIAL RETIREMENT PLAN-2,279$27,563,703$3,975,663$1,744iApproximate average salary by contribution assumption: employee only about $43,612 at 4% or $29,075 at 6%; with 50% employer match about $29,075 at 4% or $19,383 at 6%; with 100% employer match about $21,806 at 4% or $14,537 at 6%.
200023,032$24,534,054$3,279,317$1,082iApproximate average salary by contribution assumption: employee only about $27,039 at 4% or $18,026 at 6%; with 50% employer match about $18,026 at 4% or $12,017 at 6%; with 100% employer match about $13,520 at 4% or $9,013 at 6%.
THE COLONIAL RETIREMENT PLAN-2,110$24,534,054$3,279,317$1,554iApproximate average salary by contribution assumption: employee only about $38,854 at 4% or $25,903 at 6%; with 50% employer match about $25,903 at 4% or $17,269 at 6%; with 100% employer match about $19,427 at 4% or $12,951 at 6%.
THE COLONIAL BANCGROUP 401K PLAN-3,032---
Schedule Details

Schedule C

Schedule C Provider

Provider 1

Provider details

Source fields
Row 1
Filing Id
84037347319537
Page Id
1
Page Seq
0
Page Row Num
1
Row Num
0
Image Form Id
6030377347319030002
Provider 01 Position
CONTRACT ADMINISTRATOR
Provider 01 Salary Amount
$0
Provider 01 Fees Amount
$0
Provider 01 Srvc Code
12
Row 2
Filing Id
84037347319537
Page Id
3
Page Seq
0
Page Row Num
1
Row Num
0
Image Form Id
6030377347319030002

Schedule C Provider

Provider 2

Provider details

Source fields
Row 3
Filing Id
84037347319537
Page Id
1
Page Seq
0
Page Row Num
2
Row Num
1
Image Form Id
6030377347319030002
Provider 01 Name
MILLIMAN, INC.
Provider 01 EIN
91-0675041
Provider 01 Position
RECORDKEEPER
Provider 01 Relation
NONE
Provider 01 Salary Amount
$0
Provider 01 Fees Amount
$267,860
Provider 01 Srvc Code
24

Schedule C Provider

Provider 3

Provider details

Source fields
Row 4
Filing Id
84037347319537
Schedule C EIN
63-0661573
Schedule C Plan number
002
Schedule C Plan Year Begin Date
2006-01-01
Schedule C Tax Period
20061231
Provider Total Comp Paid Amount
$0

Schedule H

Schedule H Financial Statement

Large plan result

Assets, contributions, fees, audit, and compliance fields reported for this large-plan filing.

End-of-year assets$121,510,925$23,708,472 change

Balance Sheet

Beginning and end of plan year.

Total assets$97,802,453$121,510,925Increase +$23,708,472 (24.24%)
Total liabilities$0$0No change $0
Net assets$97,802,453$121,510,925Increase +$23,708,472 (24.24%)

Contributions

Employer contributions$9,750,282
Participant contributions$11,262,099
Other contributions$2,070,589
Total contributions$23,082,970

Income & Investment Result

Total income$34,900,835
Interest$438,140
Dividends$6,010,896
Net income$23,708,472

Expenses & Fees

Benefits paid$10,890,255
Investment management$0
Administrative expenses$267,860
Total expenses$11,192,363

Accountant

FirmPRICEWATERHOUSECOOPERS,LLP
Firm EIN13-4008324

Compliance

Fidelity bondYes
Fidelity bond amount$10,000,000
Participant loans$2,127,280
Late contributionsNo
Schedule H source fields
Financial summary
Total assets at beginning of year: $97,802,453Total assets at end of year: $121,510,925Total liabilities at end of year: $0Net income or loss: $23,708,472
Filing Id
84037347319537
Schedule H EIN
63-0661573
Schedule H Plan number
002
Schedule H Plan Year Begin Date
2006-01-01
Schedule H Tax Period
20061231
Non Interest Bear Cash Beginning of year Amount
$457,302
Employer Contribution Beginning of year Amount
$109,542
Participants Contribution Beginning of year Amount
$324,091
Other Receivables Beginning of year Amount
$0
Interest Bear Cash Beginning of year Amount
$5,869,319
Govt Sec Beginning of year Amount
$0
Corp Debt Preferred Beginning of year Amount
$0
Corp Debt Other Beginning of year Amount
$0
Pref Stock Beginning of year Amount
$0
Common Stock Beginning of year Amount
$0
Joint Venture Beginning of year Amount
$0
Real Estate Beginning of year Amount
$0
Other Loans Beginning of year Amount
$0
Participant loans at beginning of year
$1,982,914
Interest Common Tr Beginning of year Amount
$0
Interest Pool Sep Account Beginning of year Amount
$0
Interest Master Tr Beginning of year Amount
$0
Interest 103 12 Investment Beginning of year Amount
$0
Interest in registered investment companies at beginning of year
$50,422,102
Ins Co Gen Account Beginning of year Amount
$0
Oth Investment Beginning of year Amount
$0
Employer Sec Beginning of year Amount
$38,637,183
Employer Prop Beginning of year Amount
$0
Bldgs Used Beginning of year Amount
$0
Total assets at beginning of year
$97,802,453
Bnfts Payable Beginning of year Amount
$0
Oprtng Payable Beginning of year Amount
$0
Acquis Indbt Beginning of year Amount
$0
Other Liability Beginning of year Amount
$0
Total liabilities at beginning of year
$0
Net assets at beginning of year
$97,802,453
Non Interest Bear Cash End of year Amount
$675,687
Employer Contribution End of year Amount
$343,288
Participants Contribution End of year Amount
$501,428
Other Receivables End of year Amount
$0
Interest Bear Cash End of year Amount
$7,334,668
Govt Sec End of year Amount
$0
Corp Debt Preferred End of year Amount
$0
Corp Debt Other End of year Amount
$0
Pref Stock End of year Amount
$0
Common Stock End of year Amount
$0
Joint Venture End of year Amount
$0
Real Estate End of year Amount
$0
Other Loans End of year Amount
$0
Participant loans at end of year
$2,127,280
Interest Common Tr End of year Amount
$0
Interest Pool Sep Account End of year Amount
$0
Interest Master Tr End of year Amount
$0
Interest 103 12 Investment End of year Amount
$0
Interest in registered investment companies at end of year
$67,883,803
Ins Co Gen Account End of year Amount
$0
Oth Investment End of year Amount
$0
Employer Sec End of year Amount
$42,644,771
Employer Prop End of year Amount
$0
Bldgs Used End of year Amount
$0
Total assets at end of year
$121,510,925
Bnfts Payable End of year Amount
$0
Oprtng Payable End of year Amount
$0
Acquis Indbt End of year Amount
$0
Other Liability End of year Amount
$0
Total liabilities at end of year
$0
Net assets at end of year
$121,510,925
Employer contributions
$9,750,282
Participant contributions
$11,262,099
Oth Contribution Rcvd Amount
$2,070,589
Non Cash Contribution Bs Amount
$0
Total contributions
$23,082,970
Interest Bear Cash Amount
$296,318
Interest On Govt Sec Amount
$0
Interest On Corp Debt Amount
$0
Interest On Oth Loans Amount
$0
Interest on participant loans
$141,822
Interest On Oth Investment Amount
$0
Total interest income
$438,140
Divnd Pref Stock Amount
$0
Divnd Common Stock Amount
$6,010,896
Total dividend income
$6,010,896
Total Rents Amount
$0
Aggregate Proceeds Amount
$0
Aggregate Costs Amount
$0
Net gain or loss on sale of assets
$0
Unrealized Apprctn Re Amount
$0
Unrealized Apprctn Oth Amount
$2,126,782
Net unrealized appreciation or depreciation
$2,126,782
Gain Loss Com Trust Amount
$0
Gain Loss Pool Sep Amount
$0
Gain Loss Master Tr Amount
$0
Gain Loss 103 12 Investment Amount
$0
Gain or loss on registered investments
$3,242,047
Other Income Amount
$0
Total income
$34,900,835
Participant distributions
$10,890,255
Ins Carrier Bnfts Amount
$0
Oth Bnft Payment Amount
$0
Total benefit distributions
$10,890,255
Total Corrective Distribution Amount
$30,221
Total Dm Distribution Ptcp Lns A
0
Total Interest Expense Amount
$4,027
Professional Fees Amount
$267,860
Contract Admin Fees Amount
$0
Investment management fees
$0
Other Admin Fees Amount
$0
Total administrative expenses
$267,860
Total expenses
$11,192,363
Net income or loss
$23,708,472
Total Transfers To Amount
$0
Transfers from other plans
$0
Accountant Opinion Type Indicator
Yes
Account Performed Limited Audit Indicator
No
Accountant firm name
PRICEWATERHOUSECOOPERS,LLP
Accountant firm EIN
13-4008324
Failed to transmit participant contributions on time
No
Fail Transmit Contribution Amount
$0
Participant loans in default
No
Loans In Default Amount
$0
Leases in default
No
Leases In Default Amount
$0
Nonexempt transactions with parties in interest
No
Party In Interest Not Reported Amount
$0
Fidelity bond in place
Yes
Fidelity bond amount
$10,000,000
Loss discovered during year
No
Loss Discovered Dur Year Amount
$0
Assets with undetermined value
No
Asset Undeterm Valuation Amount
$0
Non-cash contributions reported
No
Non Cash Contribution Amount
$0
Assets held for investment
Yes
Reportable 5% transactions
No
All plan assets distributed
No
Resolution to terminate plan adopted
No
Res Terminate Plan Adpt Amount
$0

Schedule R

Schedule R Pension Information

Retirement plan characteristics

Testing, payor, opinion-letter, and transfer information reported with the filing.

Pension & Payor

Payor EIN94-3149038

Transfers

Distributed property value$0
Schedule R source fields
Payor 94-3149038
Filing Id
84037347319537
Schedule R EIN
63-0661573
Schedule R Plan number
002
Schedule R Plan Year Begin Date
2006-01-01
Schedule R Tax Period
20061231
Pension Value Dstrb Pd Property Amount
$0
Pension payor EIN
94-3149038
Pension Bnft Distribution Sngl Sum Count
0
Pension Employer Contribution Rqr Amount
$0
Pension Employer Contribution Paid Amount
$0
Pension Funding Deficiency Amount
$0
Pension Satisfy Cover Basis Code
1