PEOPLES BANK OF ALABAMA(SUBSIDIARY OF ALTRUST FINANCIAL SERVICES, INC)
Plan context: Altrust Financial Services Inc. Employee Stock Ownership Plan
EIN 63-0923450 • 49 filings • 7 plans
Current Snapshot
Latest Year
2024
2024 Participants
285
2024 Assets
$49,411,691
2024 Contributions
$1,749,607
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 |
|---|---|---|---|---|---|
| 2024 | 3 | 285 | $49,411,691 | $1,749,607 | $6,139iApproximate average salary by contribution assumption: employee only about $153,474 at 4% or $102,316 at 6%; with 50% employer match about $102,316 at 4% or $68,211 at 6%; with 100% employer match about $76,737 at 4% or $51,158 at 6%. |
| Altrust Financial Services Inc. Employee Stock Ownership Plan | - | 285 | $39,783,495 | $590,628 | $2,072iApproximate average salary by contribution assumption: employee only about $51,809 at 4% or $34,540 at 6%; with 50% employer match about $34,540 at 4% or $23,026 at 6%; with 100% employer match about $25,905 at 4% or $17,270 at 6%. |
| Altrust Financial Services Inc. 401(K) Profit Sharing Plan | - | 283 | $9,628,196 | $1,158,979 | $4,095iApproximate average salary by contribution assumption: employee only about $102,383 at 4% or $68,256 at 6%; with 50% employer match about $68,256 at 4% or $45,504 at 6%; with 100% employer match about $51,192 at 4% or $34,128 at 6%. |
| Peoples Bank of Alabama Employee Benefit Plan | - | 279 | - | - | - |
| 2023 | 3 | 283 | $41,357,008 | $1,850,797 | $6,540iApproximate average salary by contribution assumption: employee only about $163,498 at 4% or $108,999 at 6%; with 50% employer match about $108,999 at 4% or $72,666 at 6%; with 100% employer match about $81,749 at 4% or $54,499 at 6%. |
| Altrust Financial Services Inc. Employee Stock Ownership Plan | - | 279 | $33,561,535 | $560,239 | $2,008iApproximate average salary by contribution assumption: employee only about $50,201 at 4% or $33,467 at 6%; with 50% employer match about $33,467 at 4% or $22,311 at 6%; with 100% employer match about $25,100 at 4% or $16,734 at 6%. |
| Altrust Financial Services Inc. 401(K) Profit Sharing Plan | - | 279 | $7,795,473 | $1,290,558 | $4,626iApproximate average salary by contribution assumption: employee only about $115,641 at 4% or $77,094 at 6%; with 50% employer match about $77,094 at 4% or $51,396 at 6%; with 100% employer match about $57,821 at 4% or $38,547 at 6%. |
| Peoples Bank of Alabama Employee Benefit Plan | - | 283 | - | - | - |
| 2022 | 3 | 278 | $35,712,612 | $1,643,109 | $5,910iApproximate average salary by contribution assumption: employee only about $147,762 at 4% or $98,508 at 6%; with 50% employer match about $98,508 at 4% or $65,672 at 6%; with 100% employer match about $73,881 at 4% or $49,254 at 6%. |
| Altrust Financial Services Inc. Employee Stock Ownership Plan | - | 271 | $29,759,981 | $515,919 | $1,904iApproximate average salary by contribution assumption: employee only about $47,594 at 4% or $31,729 at 6%; with 50% employer match about $31,729 at 4% or $21,153 at 6%; with 100% employer match about $23,797 at 4% or $15,865 at 6%. |
| Altrust Financial Services Inc. 401(K) Profit Sharing Plan | - | 270 | $5,952,631 | $1,127,190 | $4,175iApproximate average salary by contribution assumption: employee only about $104,369 at 4% or $69,580 at 6%; with 50% employer match about $69,580 at 4% or $46,386 at 6%; with 100% employer match about $52,185 at 4% or $34,790 at 6%. |
| Peoples Bank of Alabama Employee Benefit Plan | - | 278 | - | - | - |
| 2021 | 3 | 278 | $33,182,543 | $1,371,872 | $4,935iApproximate average salary by contribution assumption: employee only about $123,370 at 4% or $82,247 at 6%; with 50% employer match about $82,247 at 4% or $54,831 at 6%; with 100% employer match about $61,685 at 4% or $41,123 at 6%. |
| Altrust Financial Services Inc. Employee Stock Ownership Plan | - | 268 | $26,090,202 | $417,654 | $1,558iApproximate average salary by contribution assumption: employee only about $38,960 at 4% or $25,974 at 6%; with 50% employer match about $25,974 at 4% or $17,316 at 6%; with 100% employer match about $19,480 at 4% or $12,987 at 6%. |
| Altrust Financial Services Inc. 401(K) Profit Sharing Plan | - | 267 | $7,092,341 | $954,218 | $3,574iApproximate average salary by contribution assumption: employee only about $89,346 at 4% or $59,564 at 6%; with 50% employer match about $59,564 at 4% or $39,709 at 6%; with 100% employer match about $44,673 at 4% or $29,782 at 6%. |
| Peoples Bank of Alabama Employee Benefit Plan | - | 278 | - | - | - |
| 2020 | 3 | 269 | $26,684,359 | $2,411,921 | $8,966iApproximate average salary by contribution assumption: employee only about $224,156 at 4% or $149,437 at 6%; with 50% employer match about $149,437 at 4% or $99,625 at 6%; with 100% employer match about $112,078 at 4% or $74,719 at 6%. |
| Altrust Financial Services Inc. Employee Stock Ownership Plan | - | 268 | $20,651,161 | $1,553,323 | $5,796iApproximate average salary by contribution assumption: employee only about $144,900 at 4% or $96,600 at 6%; with 50% employer match about $96,600 at 4% or $64,400 at 6%; with 100% employer match about $72,450 at 4% or $48,300 at 6%. |
| Altrust Financial Services Inc. 401(K) Profit Sharing Plan | - | 266 | $6,033,198 | $858,598 | $3,228iApproximate average salary by contribution assumption: employee only about $80,695 at 4% or $53,797 at 6%; with 50% employer match about $53,797 at 4% or $35,865 at 6%; with 100% employer match about $40,348 at 4% or $26,898 at 6%. |
| Peoples Bank of Alabama Employee Benefit Plan | - | 269 | - | - | - |
| 2019 | 3 | 265 | $27,492,610 | $1,572,813 | $5,935iApproximate average salary by contribution assumption: employee only about $148,379 at 4% or $98,919 at 6%; with 50% employer match about $98,919 at 4% or $65,946 at 6%; with 100% employer match about $74,189 at 4% or $49,460 at 6%. |
| Altrust Financial Services Inc. Employee Stock Ownership Plan | - | 261 | $22,944,301 | $479,934 | $1,839iApproximate average salary by contribution assumption: employee only about $45,971 at 4% or $30,647 at 6%; with 50% employer match about $30,647 at 4% or $20,431 at 6%; with 100% employer match about $22,985 at 4% or $15,324 at 6%. |
| Altrust Financial Services Inc. 401(K) Profit Sharing Plan | - | 261 | $4,548,309 | $1,092,879 | $4,187iApproximate average salary by contribution assumption: employee only about $104,682 at 4% or $69,788 at 6%; with 50% employer match about $69,788 at 4% or $46,525 at 6%; with 100% employer match about $52,341 at 4% or $34,894 at 6%. |
| Peoples Bank of Alabama Employee Benefit Plan | - | 265 | - | - | - |
| 2018 | 3 | 262 | $24,034,558 | $1,059,898 | $4,045iApproximate average salary by contribution assumption: employee only about $101,135 at 4% or $67,424 at 6%; with 50% employer match about $67,424 at 4% or $44,949 at 6%; with 100% employer match about $50,568 at 4% or $33,712 at 6%. |
| Altrust Financial Services Inc. Employee Stock Ownership Plan | - | 252 | $20,908,600 | $404,136 | $1,604iApproximate average salary by contribution assumption: employee only about $40,093 at 4% or $26,729 at 6%; with 50% employer match about $26,729 at 4% or $17,819 at 6%; with 100% employer match about $20,046 at 4% or $13,364 at 6%. |
| Altrust Financial Services Inc. 401(K) Profit Sharing Plan | - | 260 | $3,125,958 | $655,762 | $2,522iApproximate average salary by contribution assumption: employee only about $63,054 at 4% or $42,036 at 6%; with 50% employer match about $42,036 at 4% or $28,024 at 6%; with 100% employer match about $31,527 at 4% or $21,018 at 6%. |
| Peoples Bank of Alabama Employee Benefit Plan | - | 262 | - | - | - |
| 2017 | 3 | 256 | $21,700,416 | $1,082,974 | $4,230iApproximate average salary by contribution assumption: employee only about $105,759 at 4% or $70,506 at 6%; with 50% employer match about $70,506 at 4% or $47,004 at 6%; with 100% employer match about $52,880 at 4% or $35,253 at 6%. |
| Altrust Financial Services Inc. Employee Stock Ownership Plan | - | 255 | $18,811,273 | $430,988 | $1,690iApproximate average salary by contribution assumption: employee only about $42,254 at 4% or $28,169 at 6%; with 50% employer match about $28,169 at 4% or $18,779 at 6%; with 100% employer match about $21,127 at 4% or $14,085 at 6%. |
| Altrust Financial Services Inc. 401(K) Profit Sharing Plan | - | 256 | $2,889,143 | $651,986 | $2,547iApproximate average salary by contribution assumption: employee only about $63,671 at 4% or $42,447 at 6%; with 50% employer match about $42,447 at 4% or $28,298 at 6%; with 100% employer match about $31,835 at 4% or $21,224 at 6%. |
| Peoples Bank of Alabama Employee Benefit Plan | - | 251 | - | - | - |
| 2016 | 3 | 252 | $19,892,964 | $918,590 | $3,645iApproximate average salary by contribution assumption: employee only about $91,130 at 4% or $60,753 at 6%; with 50% employer match about $60,753 at 4% or $40,502 at 6%; with 100% employer match about $45,565 at 4% or $30,377 at 6%. |
| Altrust Financial Services Inc. Employee Stock Ownership Plan | - | 246 | $17,886,187 | $425,963 | $1,732iApproximate average salary by contribution assumption: employee only about $43,289 at 4% or $28,859 at 6%; with 50% employer match about $28,859 at 4% or $19,240 at 6%; with 100% employer match about $21,644 at 4% or $14,430 at 6%. |
| Altrust Financial Services Inc. 401(K) Profit Sharing Plan | - | 252 | $2,006,777 | $492,627 | $1,955iApproximate average salary by contribution assumption: employee only about $48,872 at 4% or $32,581 at 6%; with 50% employer match about $32,581 at 4% or $21,721 at 6%; with 100% employer match about $24,436 at 4% or $16,291 at 6%. |
| Peoples Bank of Alabama Employee Benefit Plan | - | 244 | - | - | - |
| 2015 | 3 | 247 | $15,325,124 | $972,974 | $3,939iApproximate average salary by contribution assumption: employee only about $98,479 at 4% or $65,653 at 6%; with 50% employer match about $65,653 at 4% or $43,769 at 6%; with 100% employer match about $49,240 at 4% or $32,826 at 6%. |
| Altrust Financial Services Inc. Employee Stock Ownership Plan | - | 238 | $13,850,935 | $408,369 | $1,716iApproximate average salary by contribution assumption: employee only about $42,896 at 4% or $28,597 at 6%; with 50% employer match about $28,597 at 4% or $19,065 at 6%; with 100% employer match about $21,448 at 4% or $14,299 at 6%. |
| Altrust Financial Services Inc. 401(K) Profit Sharing Plan | - | 247 | $1,474,189 | $564,605 | $2,286iApproximate average salary by contribution assumption: employee only about $57,146 at 4% or $38,098 at 6%; with 50% employer match about $38,098 at 4% or $25,398 at 6%; with 100% employer match about $28,573 at 4% or $19,049 at 6%. |
| Peoples Bank of Alabama Employee Benefit Plan | - | 241 | - | - | - |
| 2014 | 4 | 243 | $12,558,588 | $871,512 | $3,586iApproximate average salary by contribution assumption: employee only about $89,662 at 4% or $59,774 at 6%; with 50% employer match about $59,774 at 4% or $39,850 at 6%; with 100% employer match about $44,831 at 4% or $29,887 at 6%. |
| Altrust Financial Services Inc. Employee Stock Ownership Plan | - | 240 | $11,484,413 | $388,339 | $1,618iApproximate average salary by contribution assumption: employee only about $40,452 at 4% or $26,968 at 6%; with 50% employer match about $26,968 at 4% or $17,979 at 6%; with 100% employer match about $20,226 at 4% or $13,484 at 6%. |
| Altrust Financial Services Inc. 401(K) Profit Sharing Plan | - | 243 | $1,074,175 | $483,173 | $1,988iApproximate average salary by contribution assumption: employee only about $49,709 at 4% or $33,139 at 6%; with 50% employer match about $33,139 at 4% or $22,093 at 6%; with 100% employer match about $24,855 at 4% or $16,570 at 6%. |
| Peoples Bank of Alabama Employee Benefit Plan | - | 193 | - | - | - |
| Peoples Bank of Alabama Employee Benefit Plan | - | 231 | - | - | - |
| 2013 | 3 | 249 | $10,795,046 | $876,611 | $3,521iApproximate average salary by contribution assumption: employee only about $88,013 at 4% or $58,675 at 6%; with 50% employer match about $58,675 at 4% or $39,117 at 6%; with 100% employer match about $44,007 at 4% or $29,338 at 6%. |
| Altrust Financial Services Inc. Employee Stock Ownership Plan | - | 242 | $10,211,723 | $577,217 | $2,385iApproximate average salary by contribution assumption: employee only about $59,630 at 4% or $39,753 at 6%; with 50% employer match about $39,753 at 4% or $26,502 at 6%; with 100% employer match about $29,815 at 4% or $19,877 at 6%. |
| Altrust Financial Services Inc. 401(K) Profit Sharing Plan | - | 249 | $583,323 | $299,394 | $1,202iApproximate average salary by contribution assumption: employee only about $30,060 at 4% or $20,040 at 6%; with 50% employer match about $20,040 at 4% or $13,360 at 6%; with 100% employer match about $15,030 at 4% or $10,020 at 6%. |
| Peoples Bank of Alabama Employee Benefit Plan | - | 248 | - | - | - |
| 2012 | 3 | 241 | $9,026,140 | $644,268 | $2,673iApproximate average salary by contribution assumption: employee only about $66,833 at 4% or $44,555 at 6%; with 50% employer match about $44,555 at 4% or $29,703 at 6%; with 100% employer match about $33,416 at 4% or $22,278 at 6%. |
| Altrust Financial Services Inc. Employee Stock Ownership Plan | - | 234 | $8,780,859 | $554,863 | $2,371iApproximate average salary by contribution assumption: employee only about $59,280 at 4% or $39,520 at 6%; with 50% employer match about $39,520 at 4% or $26,347 at 6%; with 100% employer match about $29,640 at 4% or $19,760 at 6%. |
| Altrust Financial Services Inc. 401(K) Profit Sharing Plan | - | 241 | $245,281 | $89,405 | $371iApproximate average salary by contribution assumption: employee only about $9,274 at 4% or $6,183 at 6%; with 50% employer match about $6,183 at 4% or $4,122 at 6%; with 100% employer match about $4,637 at 4% or $3,091 at 6%. |
| Peoples Bank of Alabama Employee Benefit Plan | - | 227 | - | - | - |
| 2011 | 3 | 236 | $6,326,716 | $822,859 | $3,487iApproximate average salary by contribution assumption: employee only about $87,167 at 4% or $58,112 at 6%; with 50% employer match about $58,112 at 4% or $38,741 at 6%; with 100% employer match about $43,584 at 4% or $29,056 at 6%. |
| Altrust Financial Services Inc. Employee Stock Ownership Plan | - | 233 | $6,178,094 | $735,255 | $3,156iApproximate average salary by contribution assumption: employee only about $78,890 at 4% or $52,593 at 6%; with 50% employer match about $52,593 at 4% or $35,062 at 6%; with 100% employer match about $39,445 at 4% or $26,297 at 6%. |
| Altrust Financial Services Inc. 401(K) Profit Sharing Plan | - | 236 | $148,622 | $87,604 | $371iApproximate average salary by contribution assumption: employee only about $9,280 at 4% or $6,187 at 6%; with 50% employer match about $6,187 at 4% or $4,124 at 6%; with 100% employer match about $4,640 at 4% or $3,093 at 6%. |
| Peoples Bank of Alabama Employee Benefit Plan | - | 201 | - | - | - |
| 2010 | 2 | 233 | $6,600,871 | $641,617 | $2,754iApproximate average salary by contribution assumption: employee only about $68,843 at 4% or $45,895 at 6%; with 50% employer match about $45,895 at 4% or $30,597 at 6%; with 100% employer match about $34,422 at 4% or $22,948 at 6%. |
| Altrust Financial Services Inc. Employee Stock Ownership Plan | - | 233 | $6,519,195 | $565,745 | $2,428iApproximate average salary by contribution assumption: employee only about $60,702 at 4% or $40,468 at 6%; with 50% employer match about $40,468 at 4% or $26,979 at 6%; with 100% employer match about $30,351 at 4% or $20,234 at 6%. |
| Altrust Financial Services Inc. 401(K) Profit Sharing Plan | - | 233 | $81,676 | $75,872 | $326iApproximate average salary by contribution assumption: employee only about $8,141 at 4% or $5,427 at 6%; with 50% employer match about $5,427 at 4% or $3,618 at 6%; with 100% employer match about $4,070 at 4% or $2,714 at 6%. |
| 2009 | 1 | 238 | $6,870,155 | $149,948 | $630iApproximate average salary by contribution assumption: employee only about $15,751 at 4% or $10,501 at 6%; with 50% employer match about $10,501 at 4% or $7,000 at 6%; with 100% employer match about $7,875 at 4% or $5,250 at 6%. |
| Altrust Financial Services Inc. Employee Stock Ownership Plan | - | 238 | $6,870,155 | $149,948 | $630iApproximate average salary by contribution assumption: employee only about $15,751 at 4% or $10,501 at 6%; with 50% employer match about $10,501 at 4% or $7,000 at 6%; with 100% employer match about $7,875 at 4% or $5,250 at 6%. |
| 2008 | 1 | 225 | $11,679,807 | $421,484 | $1,873iApproximate average salary by contribution assumption: employee only about $46,832 at 4% or $31,221 at 6%; with 50% employer match about $31,221 at 4% or $20,814 at 6%; with 100% employer match about $23,416 at 4% or $15,611 at 6%. |
| Altrust Financial Services Inc. Employee Stock Ownership Plan | - | 225 | $11,679,807 | $421,484 | $1,873iApproximate average salary by contribution assumption: employee only about $46,832 at 4% or $31,221 at 6%; with 50% employer match about $31,221 at 4% or $20,814 at 6%; with 100% employer match about $23,416 at 4% or $15,611 at 6%. |
| 2007 | 2 | 201 | $30,790,944 | $1,045,244 | $5,200iApproximate average salary by contribution assumption: employee only about $130,005 at 4% or $86,670 at 6%; with 50% employer match about $86,670 at 4% or $57,780 at 6%; with 100% employer match about $65,003 at 4% or $43,335 at 6%. |
| Altrust Financial Services Inc. Employee Stock Ownership Plan | - | 201 | $15,414,374 | $522,622 | $2,600iApproximate average salary by contribution assumption: employee only about $65,003 at 4% or $43,335 at 6%; with 50% employer match about $43,335 at 4% or $28,890 at 6%; with 100% employer match about $32,501 at 4% or $21,668 at 6%. |
| Altrust Financial Services Inc. Employee Stock Ownership Plan | - | 201 | $15,376,570 | $522,622 | $2,600iApproximate average salary by contribution assumption: employee only about $65,003 at 4% or $43,335 at 6%; with 50% employer match about $43,335 at 4% or $28,890 at 6%; with 100% employer match about $32,501 at 4% or $21,668 at 6%. |