Civic Intelligence

Summit Bancshares Inc.

Plan context: Summit Bancshares Inc. 401 K Plan

EIN 75-1694807 • 14 filings • 4 plans

Current Snapshot

Latest Year

2007

2007 Participants

94

2007 Assets

$11,212,714

2007 Contributions

$1,666,338

Historical Graphs

Total Assets Over Time

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

$11,212,714$5,606,357$0199920022006YearValue
$11,212,714Latest year 2006

Participants Over Time

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

3071540199920032006YearValue
94Latest year 2006

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
200710$0$0-
Summit Bancshares Inc. 401 K Plan-0---
2006194$11,212,714$1,666,338$17,727iApproximate average salary by contribution assumption: employee only about $443,175 at 4% or $295,450 at 6%; with 50% employer match about $295,450 at 4% or $196,967 at 6%; with 100% employer match about $221,588 at 4% or $147,725 at 6%.
Summit Bancshares Inc. 401 K Plan-94$11,212,714$1,666,338$17,727iApproximate average salary by contribution assumption: employee only about $443,175 at 4% or $295,450 at 6%; with 50% employer match about $295,450 at 4% or $196,967 at 6%; with 100% employer match about $221,588 at 4% or $147,725 at 6%.
20051307$9,846,617$1,938,075$6,313iApproximate average salary by contribution assumption: employee only about $157,824 at 4% or $105,216 at 6%; with 50% employer match about $105,216 at 4% or $70,144 at 6%; with 100% employer match about $78,912 at 4% or $52,608 at 6%.
Summit Bancshares Inc. 401 K Plan-307$9,846,617$1,938,075$6,313iApproximate average salary by contribution assumption: employee only about $157,824 at 4% or $105,216 at 6%; with 50% employer match about $105,216 at 4% or $70,144 at 6%; with 100% employer match about $78,912 at 4% or $52,608 at 6%.
20042299$7,722,619$1,364,038$4,562iApproximate average salary by contribution assumption: employee only about $114,050 at 4% or $76,033 at 6%; with 50% employer match about $76,033 at 4% or $50,689 at 6%; with 100% employer match about $57,025 at 4% or $38,017 at 6%.
Summit Bancshares Inc. 401 K Plan-299$7,722,619$1,364,038$4,562iApproximate average salary by contribution assumption: employee only about $114,050 at 4% or $76,033 at 6%; with 50% employer match about $76,033 at 4% or $50,689 at 6%; with 100% employer match about $57,025 at 4% or $38,017 at 6%.
Summit Bancshares Inc. Pre-Tax Premium Plan-179---
20031205$0$0-
Summit Bancshares Inc. Pre-Tax Premium Plan-205---
20022254$3,548,441$866,662$3,412iApproximate average salary by contribution assumption: employee only about $85,301 at 4% or $56,868 at 6%; with 50% employer match about $56,868 at 4% or $37,912 at 6%; with 100% employer match about $42,651 at 4% or $28,434 at 6%.
Summit Bancshares Inc. 401 K Plan-254$3,548,441$866,662$3,412iApproximate average salary by contribution assumption: employee only about $85,301 at 4% or $56,868 at 6%; with 50% employer match about $56,868 at 4% or $37,912 at 6%; with 100% employer match about $42,651 at 4% or $28,434 at 6%.
Summit Bancshares Inc. Pre-Tax Premium Plan-0---
20012218$3,208,694$885,013$4,060iApproximate average salary by contribution assumption: employee only about $101,492 at 4% or $67,662 at 6%; with 50% employer match about $67,662 at 4% or $45,108 at 6%; with 100% employer match about $50,746 at 4% or $33,831 at 6%.
Summit Bancshares Inc. 401 K Plan-218$3,208,694$885,013$4,060iApproximate average salary by contribution assumption: employee only about $101,492 at 4% or $67,662 at 6%; with 50% employer match about $67,662 at 4% or $45,108 at 6%; with 100% employer match about $50,746 at 4% or $33,831 at 6%.
Summit Bancshares Inc. Pre-Tax Premium Plan-162---
20002162$2,628,162$822,365$5,076iApproximate average salary by contribution assumption: employee only about $126,908 at 4% or $84,605 at 6%; with 50% employer match about $84,605 at 4% or $56,404 at 6%; with 100% employer match about $63,454 at 4% or $42,303 at 6%.
Summit Bancshares Inc. 401 K Plan-162$2,628,162$822,365$5,076iApproximate average salary by contribution assumption: employee only about $126,908 at 4% or $84,605 at 6%; with 50% employer match about $84,605 at 4% or $56,404 at 6%; with 100% employer match about $63,454 at 4% or $42,303 at 6%.
Summit Bancshares Inc. Pre-Tax Premium Plan-0---
19992168$1,913,836$1,245,013$7,411iApproximate average salary by contribution assumption: employee only about $185,270 at 4% or $123,513 at 6%; with 50% employer match about $123,513 at 4% or $82,342 at 6%; with 100% employer match about $92,635 at 4% or $61,757 at 6%.
Summit Bancshares Inc. 401 K Plan-148$1,913,836$1,245,013$8,412iApproximate average salary by contribution assumption: employee only about $210,306 at 4% or $140,204 at 6%; with 50% employer match about $140,204 at 4% or $93,469 at 6%; with 100% employer match about $105,153 at 4% or $70,102 at 6%.
Summit Bancshares Inc. Pre-Tax Premium Plan-168---