401k Plan data: SUMMIT BANCORP, INC. 401(K) PROFIT SHARING PLAN plan

SUMMIT BANCORP, INC. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan Name	SUMMIT BANCORP, INC. 401(K) PROFIT SHARING PLAN
Plan identification number	003

SUMMIT BANCORP, INC. 401(K) PROFIT SHARING PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

SUMMIT BANCORP, INC. has sponsored the creation of one or more 401k plans.

Company Name: SUMMIT BANCORP, INC.

Employer identification number (EIN): 710806561

NAIC Classification: 522110
NAIC Description: Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SUMMIT BANCORP, INC. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
003 2015-01-01
003 2014-01-01
003 2013-01-01 JEFF MARTIN
003 2012-01-01 DONNA MERRIWEATHER
003 2011-01-01 DONNA MERRIWEATHER
003 2010-01-01 DONNA MERRIWEATHER
003 2009-01-01 DONNA MERRIWEATHER

Plan Statistics for SUMMIT BANCORP, INC. 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for SUMMIT BANCORP, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2014: SUMMIT BANCORP, INC. 401(K) PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 398
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 9
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 48
Total of all active and inactive participants 2014-01-01 57
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 57
Number of participants with account balances 2014-01-01 48
2013: SUMMIT BANCORP, INC. 401(K) PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 366
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 279
Number of retired or separated participants receiving benefits 2013-01-01 116
Number of other retired or separated participants entitled to future benefits 2013-01-01 0
Total of all active and inactive participants 2013-01-01 395
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 395
Number of participants with account balances 2013-01-01 377
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0
2012: SUMMIT BANCORP, INC. 401(K) PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 341
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 276
Number of retired or separated participants receiving benefits 2012-01-01 87
Number of other retired or separated participants entitled to future benefits 2012-01-01 0
Total of all active and inactive participants 2012-01-01 363
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 363
Number of participants with account balances 2012-01-01 347
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: SUMMIT BANCORP, INC. 401(K) PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 313
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 270
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 71
Total of all active and inactive participants 2011-01-01 341
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 341
Number of participants with account balances 2011-01-01 327
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0
2010: SUMMIT BANCORP, INC. 401(K) PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year 2010-01-01 303
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 262
Number of retired or separated participants receiving benefits 2010-01-01 0
Number of other retired or separated participants entitled to future benefits 2010-01-01 51
Total of all active and inactive participants 2010-01-01 313
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 0
Total participants 2010-01-01 313
Number of participants with account balances 2010-01-01 229
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 0
2009: SUMMIT BANCORP, INC. 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 261
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 261
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 42
Total of all active and inactive participants 2009-01-01 303
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 303
Number of participants with account balances 2009-01-01 285
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2014: SUMMIT BANCORP, INC. 401(K) PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	398
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	9
Number of retired or separated participants receiving benefits	2014-01-01	0
Number of other retired or separated participants entitled to future benefits	2014-01-01	48
Total of all active and inactive participants	2014-01-01	57
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	57
Number of participants with account balances	2014-01-01	48
2013: SUMMIT BANCORP, INC. 401(K) PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	366
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	279
Number of retired or separated participants receiving benefits	2013-01-01	116
Number of other retired or separated participants entitled to future benefits	2013-01-01	0
Total of all active and inactive participants	2013-01-01	395
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	395
Number of participants with account balances	2013-01-01	377
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0
2012: SUMMIT BANCORP, INC. 401(K) PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	341
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	276
Number of retired or separated participants receiving benefits	2012-01-01	87
Number of other retired or separated participants entitled to future benefits	2012-01-01	0
Total of all active and inactive participants	2012-01-01	363
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	363
Number of participants with account balances	2012-01-01	347
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: SUMMIT BANCORP, INC. 401(K) PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	313
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	270
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	71
Total of all active and inactive participants	2011-01-01	341
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	341
Number of participants with account balances	2011-01-01	327
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0
2010: SUMMIT BANCORP, INC. 401(K) PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year	2010-01-01	303
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	262
Number of retired or separated participants receiving benefits	2010-01-01	0
Number of other retired or separated participants entitled to future benefits	2010-01-01	51
Total of all active and inactive participants	2010-01-01	313
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	0
Total participants	2010-01-01	313
Number of participants with account balances	2010-01-01	229
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	0
2009: SUMMIT BANCORP, INC. 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	261
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	261
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	42
Total of all active and inactive participants	2009-01-01	303
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	303
Number of participants with account balances	2009-01-01	285
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on SUMMIT BANCORP, INC. 401(K) PROFIT SHARING PLAN

Measure	Date	Value
2014 : SUMMIT BANCORP, INC. 401(K) PROFIT SHARING PLAN 2014 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2014-12-31	$4,798,667
Total unrealized appreciation/depreciation of assets	2014-12-31	$4,798,667
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$1,570
Total income from all sources (including contributions)	2014-12-31	$5,873,622
Total of all expenses incurred	2014-12-31	$26,117,200
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-12-31	$26,105,402
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-12-31	$518,115
Value of total assets at end of year	2014-12-31	$636,290
Value of total assets at beginning of year	2014-12-31	$20,881,438
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-12-31	$11,798
Total interest from all sources	2014-12-31	$5,518
Total dividends received (eg from common stock, registered investment company shares)	2014-12-31	$408,677
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2014-12-31	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2014-12-31	$0
Total dividends received from registered investment company shares (eg mutual funds)	2014-12-31	$18,288
Administrative expenses professional fees incurred	2014-12-31	$4,500
Was this plan covered by a fidelity bond	2014-12-31	Yes
Value of fidelity bond cover	2014-12-31	$10,000,000
If this is an individual account plan, was there a blackout period	2014-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2014-12-31	No
Contributions received from participants	2014-12-31	$370,020
Participant contributions at beginning of year	2014-12-31	$338,326
Value of other receiveables (less allowance for doubtful accounts) at end of year	2014-12-31	$149
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2014-12-31	$13,470
Liabilities. Value of operating payables at beginning of year	2014-12-31	$1,570
Total non interest bearing cash at end of year	2014-12-31	$568
Total non interest bearing cash at beginning of year	2014-12-31	$1,571
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Value of net income/loss	2014-12-31	$-20,243,578
Value of net assets at end of year (total assets less liabilities)	2014-12-31	$636,290
Value of net assets at beginning of year (total assets less liabilities)	2014-12-31	$20,879,868
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2014-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2014-12-31	No
Were any leases to which the plan was party in default or uncollectible	2014-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2014-12-31	$85,743
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2014-12-31	$2,388,948
Interest on participant loans	2014-12-31	$5,438
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2014-12-31	$2,045
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2014-12-31	$191,556
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2014-12-31	$191,556
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2014-12-31	$80
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2014-12-31	$142,645
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2014-12-31	No
Was there a failure to transmit to the plan any participant contributions	2014-12-31	No
Has the plan failed to provide any benefit when due under the plan	2014-12-31	No
Assets. Invements in employer securities at end of year	2014-12-31	$547,785
Assets. Invements in employer securities at beginning of year	2014-12-31	$17,947,277
Contributions received in cash from employer	2014-12-31	$148,095
Employer contributions (assets) at beginning of year	2014-12-31	$290
Income. Dividends from common stock	2014-12-31	$390,389
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2014-12-31	$26,105,402
Contract administrator fees	2014-12-31	$7,298
Did the plan have assets held for investment	2014-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2014-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2014-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2014-12-31	Disclaimer
Accountancy firm name	2014-12-31	THOMAS & THOMAS, LLP
Accountancy firm EIN	2014-12-31	710271741
2013 : SUMMIT BANCORP, INC. 401(K) PROFIT SHARING PLAN 2013 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2013-12-31	$899,514
Total unrealized appreciation/depreciation of assets	2013-12-31	$899,514
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$1,570
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$1,653
Total income from all sources (including contributions)	2013-12-31	$3,211,529
Total loss/gain on sale of assets	2013-12-31	$0
Total of all expenses incurred	2013-12-31	$554,330
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-12-31	$531,365
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-12-31	$1,352,181
Value of total assets at end of year	2013-12-31	$20,881,438
Value of total assets at beginning of year	2013-12-31	$18,224,322
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-12-31	$22,965
Total interest from all sources	2013-12-31	$14,924
Total dividends received (eg from common stock, registered investment company shares)	2013-12-31	$626,113
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2013-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2013-12-31	$66,568
Administrative expenses professional fees incurred	2013-12-31	$5,543
Was this plan covered by a fidelity bond	2013-12-31	Yes
Value of fidelity bond cover	2013-12-31	$10,000,000
If this is an individual account plan, was there a blackout period	2013-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2013-12-31	No
Contributions received from participants	2013-12-31	$952,348
Participant contributions at end of year	2013-12-31	$338,326
Participant contributions at beginning of year	2013-12-31	$386,339
Value of other receiveables (less allowance for doubtful accounts) at end of year	2013-12-31	$13,470
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2013-12-31	$7,863
Liabilities. Value of operating payables at end of year	2013-12-31	$1,570
Liabilities. Value of operating payables at beginning of year	2013-12-31	$1,653
Total non interest bearing cash at end of year	2013-12-31	$1,571
Total non interest bearing cash at beginning of year	2013-12-31	$478
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Value of net income/loss	2013-12-31	$2,657,199
Value of net assets at end of year (total assets less liabilities)	2013-12-31	$20,879,868
Value of net assets at beginning of year (total assets less liabilities)	2013-12-31	$18,222,669
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2013-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2013-12-31	No
Were any leases to which the plan was party in default or uncollectible	2013-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2013-12-31	$2,388,948
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2013-12-31	$1,783,833
Interest on participant loans	2013-12-31	$14,744
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2013-12-31	$191,556
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2013-12-31	$194,498
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2013-12-31	$194,498
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2013-12-31	$180
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2013-12-31	$318,797
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2013-12-31	No
Was there a failure to transmit to the plan any participant contributions	2013-12-31	No
Has the plan failed to provide any benefit when due under the plan	2013-12-31	No
Assets. Invements in employer securities at end of year	2013-12-31	$17,947,277
Assets. Invements in employer securities at beginning of year	2013-12-31	$15,851,311
Contributions received in cash from employer	2013-12-31	$399,833
Employer contributions (assets) at end of year	2013-12-31	$290
Employer contributions (assets) at beginning of year	2013-12-31	$0
Income. Dividends from common stock	2013-12-31	$559,545
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-12-31	$531,365
Contract administrator fees	2013-12-31	$17,422
Did the plan have assets held for investment	2013-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2013-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2013-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2013-12-31	Disclaimer
Accountancy firm name	2013-12-31	THOMAS & THOMAS, LLP
Accountancy firm EIN	2013-12-31	710271741
2012 : SUMMIT BANCORP, INC. 401(K) PROFIT SHARING PLAN 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2012-12-31	$960,450
Total unrealized appreciation/depreciation of assets	2012-12-31	$960,450
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$1,653
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$1,875
Total income from all sources (including contributions)	2012-12-31	$2,803,385
Total loss/gain on sale of assets	2012-12-31	$0
Total of all expenses incurred	2012-12-31	$286,672
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$232,059
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$1,429,009
Value of total assets at end of year	2012-12-31	$18,224,322
Value of total assets at beginning of year	2012-12-31	$15,707,831
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$54,613
Total interest from all sources	2012-12-31	$13,274
Total dividends received (eg from common stock, registered investment company shares)	2012-12-31	$248,689
Total dividends received from registered investment company shares (eg mutual funds)	2012-12-31	$39,631
Administrative expenses professional fees incurred	2012-12-31	$7,500
Was this plan covered by a fidelity bond	2012-12-31	Yes
Value of fidelity bond cover	2012-12-31	$9,000,000
If this is an individual account plan, was there a blackout period	2012-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2012-12-31	No
Contributions received from participants	2012-12-31	$925,361
Participant contributions at end of year	2012-12-31	$386,339
Participant contributions at beginning of year	2012-12-31	$261,413
Value of other receiveables (less allowance for doubtful accounts) at end of year	2012-12-31	$7,863
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2012-12-31	$0
Other income not declared elsewhere	2012-12-31	$0
Liabilities. Value of operating payables at end of year	2012-12-31	$1,653
Liabilities. Value of operating payables at beginning of year	2012-12-31	$1,875
Total non interest bearing cash at end of year	2012-12-31	$478
Total non interest bearing cash at beginning of year	2012-12-31	$5,523
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Value of net income/loss	2012-12-31	$2,516,713
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$18,222,669
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$15,705,956
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2012-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2012-12-31	No
Were any leases to which the plan was party in default or uncollectible	2012-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2012-12-31	$1,783,833
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2012-12-31	$1,435,787
Interest on participant loans	2012-12-31	$13,130
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2012-12-31	$194,498
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2012-12-31	$116,251
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2012-12-31	$116,251
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2012-12-31	$144
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2012-12-31	$151,963
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-12-31	No
Was there a failure to transmit to the plan any participant contributions	2012-12-31	No
Has the plan failed to provide any benefit when due under the plan	2012-12-31	No
Assets. Invements in employer securities at end of year	2012-12-31	$15,851,311
Assets. Invements in employer securities at beginning of year	2012-12-31	$13,884,813
Contributions received in cash from employer	2012-12-31	$503,648
Employer contributions (assets) at end of year	2012-12-31	$0
Employer contributions (assets) at beginning of year	2012-12-31	$4,044
Income. Dividends from common stock	2012-12-31	$209,058
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$232,059
Contract administrator fees	2012-12-31	$47,113
Did the plan have assets held for investment	2012-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2012-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2012-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2012-12-31	Disclaimer
Accountancy firm name	2012-12-31	THOMAS & THOMAS, LLP
Accountancy firm EIN	2012-12-31	710271741
2011 : SUMMIT BANCORP, INC. 401(K) PROFIT SHARING PLAN 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2011-12-31	$1,439,946
Total unrealized appreciation/depreciation of assets	2011-12-31	$1,439,946
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$1,875
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$4,500
Total income from all sources (including contributions)	2011-12-31	$2,875,139
Total loss/gain on sale of assets	2011-12-31	$0
Total of all expenses incurred	2011-12-31	$423,876
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$364,480
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$1,243,678
Value of total assets at end of year	2011-12-31	$15,707,831
Value of total assets at beginning of year	2011-12-31	$13,259,193
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$59,396
Total interest from all sources	2011-12-31	$10,401
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$219,696
Total dividends received from registered investment company shares (eg mutual funds)	2011-12-31	$21,481
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$9,000,000
If this is an individual account plan, was there a blackout period	2011-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Contributions received from participants	2011-12-31	$800,304
Participant contributions at end of year	2011-12-31	$261,413
Participant contributions at beginning of year	2011-12-31	$200,032
Liabilities. Value of operating payables at end of year	2011-12-31	$1,875
Liabilities. Value of operating payables at beginning of year	2011-12-31	$4,500
Total non interest bearing cash at end of year	2011-12-31	$5,523
Total non interest bearing cash at beginning of year	2011-12-31	$4,500
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Value of net income/loss	2011-12-31	$2,451,263
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$15,705,956
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$13,254,693
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-12-31	No
Were any leases to which the plan was party in default or uncollectible	2011-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2011-12-31	$1,435,787
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-12-31	$1,201,430
Interest on participant loans	2011-12-31	$10,401
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2011-12-31	$116,251
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2011-12-31	$66,074
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2011-12-31	$66,074
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-12-31	$-38,582
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	No
Was there a failure to transmit to the plan any participant contributions	2011-12-31	No
Has the plan failed to provide any benefit when due under the plan	2011-12-31	No
Assets. Invements in employer securities at end of year	2011-12-31	$13,884,813
Assets. Invements in employer securities at beginning of year	2011-12-31	$11,787,157
Contributions received in cash from employer	2011-12-31	$443,374
Employer contributions (assets) at end of year	2011-12-31	$4,044
Income. Dividends from common stock	2011-12-31	$198,215
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$364,480
Contract administrator fees	2011-12-31	$59,396
Did the plan have assets held for investment	2011-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2011-12-31	Disclaimer
Accountancy firm name	2011-12-31	THOMAS & THOMAS, LLP
Accountancy firm EIN	2011-12-31	710271741
2010 : SUMMIT BANCORP, INC. 401(K) PROFIT SHARING PLAN 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2010-12-31	$733,323
Total unrealized appreciation/depreciation of assets	2010-12-31	$733,323
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$4,500
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$795
Total income from all sources (including contributions)	2010-12-31	$2,249,985
Total loss/gain on sale of assets	2010-12-31	$0
Total of all expenses incurred	2010-12-31	$173,820
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$135,517
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$1,214,613
Value of total assets at end of year	2010-12-31	$13,259,193
Value of total assets at beginning of year	2010-12-31	$11,179,323
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$38,303
Total interest from all sources	2010-12-31	$8,704
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$208,102
Total dividends received from registered investment company shares (eg mutual funds)	2010-12-31	$24,934
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2010-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Contributions received from participants	2010-12-31	$782,527
Participant contributions at end of year	2010-12-31	$200,032
Participant contributions at beginning of year	2010-12-31	$171,921
Liabilities. Value of operating payables at end of year	2010-12-31	$4,500
Liabilities. Value of operating payables at beginning of year	2010-12-31	$795
Total non interest bearing cash at end of year	2010-12-31	$4,500
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Value of net income/loss	2010-12-31	$2,076,165
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$13,254,693
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$11,178,528
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2010-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2010-12-31	No
Were any leases to which the plan was party in default or uncollectible	2010-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2010-12-31	$1,201,430
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$778,364
Interest on participant loans	2010-12-31	$8,704
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2010-12-31	$66,074
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2010-12-31	$33,354
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2010-12-31	$33,354
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2010-12-31	$85,243
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-12-31	No
Was there a failure to transmit to the plan any participant contributions	2010-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2010-12-31	No
Assets. Invements in employer securities at end of year	2010-12-31	$11,787,157
Assets. Invements in employer securities at beginning of year	2010-12-31	$10,195,684
Contributions received in cash from employer	2010-12-31	$432,086
Income. Dividends from common stock	2010-12-31	$183,168
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$135,517
Contract administrator fees	2010-12-31	$38,303
Did the plan have assets held for investment	2010-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2010-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2010-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2010-12-31	Disclaimer
Accountancy firm name	2010-12-31	THOMAS & THOMAS, LLP
Accountancy firm EIN	2010-12-31	710271741

Form 5500 Responses for SUMMIT BANCORP, INC. 401(K) PROFIT SHARING PLAN

2014: SUMMIT BANCORP, INC. 401(K) PROFIT SHARING PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: SUMMIT BANCORP, INC. 401(K) PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: SUMMIT BANCORP, INC. 401(K) PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: SUMMIT BANCORP, INC. 401(K) PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2010: SUMMIT BANCORP, INC. 401(K) PROFIT SHARING PLAN 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	No
2010-01-01	This submission is the final filing	No
2010-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-01-01	Plan is a collectively bargained plan	No
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: SUMMIT BANCORP, INC. 401(K) PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	SUMMIT BANCORP, INC.
Employer identification number (EIN):	710806561
NAIC Classification:	522110
NAIC Description:	Commercial Banking

Plan id#	Filing Submission Date	Name of Administrator
003	2015-01-01
003	2014-01-01
003	2013-01-01	JEFF MARTIN
003	2012-01-01	DONNA MERRIWEATHER
003	2011-01-01	DONNA MERRIWEATHER
003	2010-01-01	DONNA MERRIWEATHER
003	2009-01-01	DONNA MERRIWEATHER