Capital Bank Corporation 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2010. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Capital Bank Corporation 401(k) Plan Facts (plan year 2010)

Plan name
CAPITAL BANK 401(K) RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
CAPITAL BANK CORPORATION
Participants
478 (421 active employees)
Former employees with a balance
82
Plan assets
$10,932,262 at Dec 31, 2010
Average account balance
$23,064 across 474 accounts
Plan year
Jan 1, 2010 – Dec 31, 2010
Plan established
Sep 1, 1997
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2010 (Jan 1, 2010 – Dec 31, 2010), filed Sep 7, 2011. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2010

  • $1.10 million went into the plan in contributions.
  • $579,469 was paid out to participants.
  • Investment and other income added $916,002.
  • Administrative expenses were $36,714, about $77 per account.

How the Capital Bank Corporation 401(k) changed, 2009–2010

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2009464$9.54 million$367,605$473,376
2010478$10.9 million$0$579,469

Capital Bank Corporation 401(k) Contact Information

Phone
919-645-6398
Mailing address
P.O. BOX 18949, RALEIGH NC 27619
Plan sponsor
CAPITAL BANK CORPORATION
Employer identification number (EIN)
56-2032984
Plan number
001

Questions about the Capital Bank Corporation 401(k)

Is the Capital Bank Corporation 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2010, and no later filing was found under this employer's EIN.

Does Capital Bank Corporation contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement.

Does the Capital Bank Corporation 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Capital Bank Corporation 401(k) plan?

478 participants at the start of plan year 2010, 421 of them active employees, and 82 former employees who still had money in the plan.

What is the average 401(k) balance at Capital Bank Corporation?

About $23,064 per account: $10.9 million in plan assets across 474 accounts with a balance at the end of plan year 2010.

Who manages the Capital Bank Corporation 401(k) accounts?

EMJAY CORPORATION is the plan's recordkeeper, which is where participants log in to see their balance.

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