Civic Intelligence

Southpoint Bank

Plan context: Southpoint Bank 401(K) Employee Stock Ownership Plan

EIN 65-1260993 • Birmingham, AL • 15 filings • 3 plans

3501 Grandview ParkwayBirmingham, AL 35243
Current Snapshot

Latest Year

2024

2024 Participants

142

2024 Assets

$12,957,585

2024 Contributions

$981,351

Historical Graphs

Total Assets Over Time

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

$12,957,585$6,478,793$0201220182024YearValue
$12,957,585Latest year 2024

Participants Over Time

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

142710201220182024YearValue
142Latest 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
20242142$12,957,585$981,351$6,911iApproximate average salary by contribution assumption: employee only about $172,773 at 4% or $115,182 at 6%; with 50% employer match about $115,182 at 4% or $76,788 at 6%; with 100% employer match about $86,387 at 4% or $57,591 at 6%.
Southpoint Bank 401(K) Employee Stock Ownership Plan-128$12,957,585$981,351$7,667iApproximate average salary by contribution assumption: employee only about $191,670 at 4% or $127,780 at 6%; with 50% employer match about $127,780 at 4% or $85,187 at 6%; with 100% employer match about $95,835 at 4% or $63,890 at 6%.
Southpoint Bank Life and Disability Benefit Plan-142---
20232138$11,359,345$1,140,823$8,267iApproximate average salary by contribution assumption: employee only about $206,671 at 4% or $137,781 at 6%; with 50% employer match about $137,781 at 4% or $91,854 at 6%; with 100% employer match about $103,335 at 4% or $68,890 at 6%.
Southpoint Bank 401(K) Employee Stock Ownership Plan-132$11,359,345$1,140,823$8,643iApproximate average salary by contribution assumption: employee only about $216,065 at 4% or $144,043 at 6%; with 50% employer match about $144,043 at 4% or $96,029 at 6%; with 100% employer match about $108,032 at 4% or $72,022 at 6%.
Southpoint Bank Life and Disability Benefit Plan-138---
20221133$9,940,741$879,909$6,616iApproximate average salary by contribution assumption: employee only about $165,396 at 4% or $110,264 at 6%; with 50% employer match about $110,264 at 4% or $73,510 at 6%; with 100% employer match about $82,698 at 4% or $55,132 at 6%.
Southpoint Bank 401(K) Employee Stock Ownership Plan-133$9,940,741$879,909$6,616iApproximate average salary by contribution assumption: employee only about $165,396 at 4% or $110,264 at 6%; with 50% employer match about $110,264 at 4% or $73,510 at 6%; with 100% employer match about $82,698 at 4% or $55,132 at 6%.
2021191$5,007,196$815,817$8,965iApproximate average salary by contribution assumption: employee only about $224,126 at 4% or $149,417 at 6%; with 50% employer match about $149,417 at 4% or $99,611 at 6%; with 100% employer match about $112,063 at 4% or $74,709 at 6%.
Southpoint Bank 401(K) Employee Stock Ownership Plan-91$5,007,196$815,817$8,965iApproximate average salary by contribution assumption: employee only about $224,126 at 4% or $149,417 at 6%; with 50% employer match about $149,417 at 4% or $99,611 at 6%; with 100% employer match about $112,063 at 4% or $74,709 at 6%.
2020180$3,737,304$645,489$8,069iApproximate average salary by contribution assumption: employee only about $201,715 at 4% or $134,477 at 6%; with 50% employer match about $134,477 at 4% or $89,651 at 6%; with 100% employer match about $100,858 at 4% or $67,238 at 6%.
Southpoint Bank 401(K) Employee Stock Ownership Plan-80$3,737,304$645,489$8,069iApproximate average salary by contribution assumption: employee only about $201,715 at 4% or $134,477 at 6%; with 50% employer match about $134,477 at 4% or $89,651 at 6%; with 100% employer match about $100,858 at 4% or $67,238 at 6%.
2019179$2,700,873$502,212$6,357iApproximate average salary by contribution assumption: employee only about $158,928 at 4% or $105,952 at 6%; with 50% employer match about $105,952 at 4% or $70,635 at 6%; with 100% employer match about $79,464 at 4% or $52,976 at 6%.
Southpoint Bank 401(K) Employee Stock Ownership Plan-79$2,700,873$502,212$6,357iApproximate average salary by contribution assumption: employee only about $158,928 at 4% or $105,952 at 6%; with 50% employer match about $105,952 at 4% or $70,635 at 6%; with 100% employer match about $79,464 at 4% or $52,976 at 6%.
2018178$1,900,529$390,163$5,002iApproximate average salary by contribution assumption: employee only about $125,052 at 4% or $83,368 at 6%; with 50% employer match about $83,368 at 4% or $55,579 at 6%; with 100% employer match about $62,526 at 4% or $41,684 at 6%.
Southpoint Bank 401(K) Employee Stock Ownership Plan-78$1,900,529$390,163$5,002iApproximate average salary by contribution assumption: employee only about $125,052 at 4% or $83,368 at 6%; with 50% employer match about $83,368 at 4% or $55,579 at 6%; with 100% employer match about $62,526 at 4% or $41,684 at 6%.
2017148$1,727,401$372,844$7,768iApproximate average salary by contribution assumption: employee only about $194,190 at 4% or $129,460 at 6%; with 50% employer match about $129,460 at 4% or $86,306 at 6%; with 100% employer match about $97,095 at 4% or $64,730 at 6%.
Southpoint Bank 401(K) Employee Stock Ownership Plan-48$1,727,401$372,844$7,768iApproximate average salary by contribution assumption: employee only about $194,190 at 4% or $129,460 at 6%; with 50% employer match about $129,460 at 4% or $86,306 at 6%; with 100% employer match about $97,095 at 4% or $64,730 at 6%.
2016143$1,330,364$337,084$7,839iApproximate average salary by contribution assumption: employee only about $195,979 at 4% or $130,653 at 6%; with 50% employer match about $130,653 at 4% or $87,102 at 6%; with 100% employer match about $97,990 at 4% or $65,326 at 6%.
Southpoint Bank 401(K) Employee Stock Ownership Plan-43$1,330,364$337,084$7,839iApproximate average salary by contribution assumption: employee only about $195,979 at 4% or $130,653 at 6%; with 50% employer match about $130,653 at 4% or $87,102 at 6%; with 100% employer match about $97,990 at 4% or $65,326 at 6%.
2015139$1,115,024$309,172$7,927iApproximate average salary by contribution assumption: employee only about $198,187 at 4% or $132,125 at 6%; with 50% employer match about $132,125 at 4% or $88,083 at 6%; with 100% employer match about $99,094 at 4% or $66,062 at 6%.
Southpoint Bank 401(K) Employee Stock Ownership Plan-39$1,115,024$309,172$7,927iApproximate average salary by contribution assumption: employee only about $198,187 at 4% or $132,125 at 6%; with 50% employer match about $132,125 at 4% or $88,083 at 6%; with 100% employer match about $99,094 at 4% or $66,062 at 6%.
2014136$818,660$258,121$7,170iApproximate average salary by contribution assumption: employee only about $179,251 at 4% or $119,500 at 6%; with 50% employer match about $119,500 at 4% or $79,667 at 6%; with 100% employer match about $89,625 at 4% or $59,750 at 6%.
Southpoint Bank 401(K) Employee Stock Ownership Plan-36$818,660$258,121$7,170iApproximate average salary by contribution assumption: employee only about $179,251 at 4% or $119,500 at 6%; with 50% employer match about $119,500 at 4% or $79,667 at 6%; with 100% employer match about $89,625 at 4% or $59,750 at 6%.
2013123$692,171$75,482$3,282iApproximate average salary by contribution assumption: employee only about $82,046 at 4% or $54,697 at 6%; with 50% employer match about $54,697 at 4% or $36,465 at 6%; with 100% employer match about $41,023 at 4% or $27,349 at 6%.
Southpoint Bank 401(K) Employee Stock Ownership Plan-23$692,171$75,482$3,282iApproximate average salary by contribution assumption: employee only about $82,046 at 4% or $54,697 at 6%; with 50% employer match about $54,697 at 4% or $36,465 at 6%; with 100% employer match about $41,023 at 4% or $27,349 at 6%.
2012122$555,769$83,111$3,778iApproximate average salary by contribution assumption: employee only about $94,444 at 4% or $62,963 at 6%; with 50% employer match about $62,963 at 4% or $41,975 at 6%; with 100% employer match about $47,222 at 4% or $31,481 at 6%.
Southpoint Bank 401(K) Employee Stock Ownership Plan-22$555,769$83,111$3,778iApproximate average salary by contribution assumption: employee only about $94,444 at 4% or $62,963 at 6%; with 50% employer match about $62,963 at 4% or $41,975 at 6%; with 100% employer match about $47,222 at 4% or $31,481 at 6%.