Summit Mortgage
Plan context: Summit Mortgage 401K Profit Sharing Plan
EIN 76-0260402 • 8 filings • 1 plans
Current Snapshot
Latest Year
2007
2007 Participants
60
2007 Assets
$1,528,788
2007 Contributions
$204,875
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 |
|---|---|---|---|---|---|
| 2007 | 1 | 0 | $0 | $0 | - |
| Summit Mortgage 401K Profit Sharing Plan | - | 0 | - | - | - |
| 2005 | 1 | 60 | $1,528,788 | $204,875 | $3,415iApproximate average salary by contribution assumption: employee only about $85,365 at 4% or $56,910 at 6%; with 50% employer match about $56,910 at 4% or $37,940 at 6%; with 100% employer match about $42,682 at 4% or $28,455 at 6%. |
| Summit Mortgage 401K Profit Sharing Plan | - | 60 | $1,528,788 | $204,875 | $3,415iApproximate average salary by contribution assumption: employee only about $85,365 at 4% or $56,910 at 6%; with 50% employer match about $56,910 at 4% or $37,940 at 6%; with 100% employer match about $42,682 at 4% or $28,455 at 6%. |
| 2004 | 1 | 101 | $1,538,502 | $204,865 | $2,028iApproximate average salary by contribution assumption: employee only about $50,709 at 4% or $33,806 at 6%; with 50% employer match about $33,806 at 4% or $22,537 at 6%; with 100% employer match about $25,355 at 4% or $16,903 at 6%. |
| Summit Mortgage 401K Profit Sharing Plan | - | 101 | $1,538,502 | $204,865 | $2,028iApproximate average salary by contribution assumption: employee only about $50,709 at 4% or $33,806 at 6%; with 50% employer match about $33,806 at 4% or $22,537 at 6%; with 100% employer match about $25,355 at 4% or $16,903 at 6%. |
| 2003 | 1 | 88 | $1,433,439 | $230,981 | $2,625iApproximate average salary by contribution assumption: employee only about $65,620 at 4% or $43,746 at 6%; with 50% employer match about $43,746 at 4% or $29,164 at 6%; with 100% employer match about $32,810 at 4% or $21,873 at 6%. |
| Summit Mortgage 401K Profit Sharing Plan | - | 88 | $1,433,439 | $230,981 | $2,625iApproximate average salary by contribution assumption: employee only about $65,620 at 4% or $43,746 at 6%; with 50% employer match about $43,746 at 4% or $29,164 at 6%; with 100% employer match about $32,810 at 4% or $21,873 at 6%. |
| 2002 | 1 | 88 | $991,091 | $258,974 | $2,943iApproximate average salary by contribution assumption: employee only about $73,572 at 4% or $49,048 at 6%; with 50% employer match about $49,048 at 4% or $32,699 at 6%; with 100% employer match about $36,786 at 4% or $24,524 at 6%. |
| Summit Mortgage 401K Profit Sharing Plan | - | 88 | $991,091 | $258,974 | $2,943iApproximate average salary by contribution assumption: employee only about $73,572 at 4% or $49,048 at 6%; with 50% employer match about $49,048 at 4% or $32,699 at 6%; with 100% employer match about $36,786 at 4% or $24,524 at 6%. |
| 2001 | 1 | 108 | $1,135,899 | $321,644 | $2,978iApproximate average salary by contribution assumption: employee only about $74,455 at 4% or $49,636 at 6%; with 50% employer match about $49,636 at 4% or $33,091 at 6%; with 100% employer match about $37,227 at 4% or $24,818 at 6%. |
| Summit Mortgage 401K Profit Sharing Plan | - | 108 | $1,135,899 | $321,644 | $2,978iApproximate average salary by contribution assumption: employee only about $74,455 at 4% or $49,636 at 6%; with 50% employer match about $49,636 at 4% or $33,091 at 6%; with 100% employer match about $37,227 at 4% or $24,818 at 6%. |
| 2000 | 1 | 79 | $0 | $0 | - |
| Summit Mortgage 401K Profit Sharing Plan | - | 79 | - | - | - |
| 1999 | 1 | 60 | $944,865 | $244,799 | $4,080iApproximate average salary by contribution assumption: employee only about $102,000 at 4% or $68,000 at 6%; with 50% employer match about $68,000 at 4% or $45,333 at 6%; with 100% employer match about $51,000 at 4% or $34,000 at 6%. |
| Summit Mortgage 401K Profit Sharing Plan | - | 60 | $944,865 | $244,799 | $4,080iApproximate average salary by contribution assumption: employee only about $102,000 at 4% or $68,000 at 6%; with 50% employer match about $68,000 at 4% or $45,333 at 6%; with 100% employer match about $51,000 at 4% or $34,000 at 6%. |