1ST SUMMIT BANCORP CAPITAL ACCUMULATION PLAN
Overview
Plan Contact
- Address: 125 DONALD LANE,JOHNSTOWN,PA
- Contact person: J. ERIC RENNER
- Phone: (814) 262-4000
Plan General Information
At the end of 2022, the total retirement plan assets of 1ST SUMMIT BANCORP CAPITAL ACCUMULATION PLAN is $26,927,091.This plan was established in 1992.
At the end of 2022, the total number of retirement plan participants in 1ST SUMMIT BANCORP CAPITAL ACCUMULATION PLAN is 300
In 2022, the average participant retirement account value for 1ST SUMMIT BANCORP CAPITAL ACCUMULATION PLAN is $89,756
In 2022, the estimated average employee contribution amount per participant for 1ST SUMMIT BANCORP CAPITAL ACCUMULATION PLAN is $3,415
In 2022, the estimated average employer match for an employee in 1ST SUMMIT BANCORP CAPITAL ACCUMULATION PLAN is approximately $874
In 2022, 1ST SUMMIT BANCORP CAPITAL ACCUMULATION PLAN allocates $262,492 to match its employees’ contributions, providing an employer match rate of 28.41% of their contributions
In 2022, the total retirement plan asset growth rate of 1ST SUMMIT BANCORP CAPITAL ACCUMULATION PLAN is -2.14%
In 2022, the estimated aggregate retirement account investment gain/loss for 1ST SUMMIT BANCORP CAPITAL ACCUMULATION PLAN is -2.95%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of 1ST SUMMIT BANCORP CAPITAL ACCUMULATION PLAN is 0.13%.