Profit Sharing · DOL Form 5500 · 2022

Summit Biosciences, Inc. Profit Sharing Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
125
Participants Small participant base
44th
Percentile by assets National rank
$29,385
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Summit Biosciences 401(k) Plan · Sponsored by Summit Biosciences, Inc. · Kentucky · Manufacturing

$4M in assets, 125 participants

Summit Biosciences, Inc.'s Summit Biosciences 401(k) Plan reported $4M in total assets and 125 participants in its 2022 DOL Form 5500 filing, ranking in the 44th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #5,668 in Manufacturing (20,602 peers)

Coverage in Kentucky

Summit Biosciences 401(k) Plan covers 125 participants in Kentucky, about 19% of the average Kentucky filer (state average ~647 per filing). Assets: $4M.

#5,668
in Manufacturing (20,602 peers)
+5.5%
assets growth YoY

Summit Biosciences 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Summit Biosciences 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$3,673,063 44th percentile higher than 44% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Summit Biosciences 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Summit Biosciences 401(k) Plan sits mid-pack in the medium band (125 participants).

Form 5500 schedule snapshot

Filing strip 271252863 · Summit Biosciences, Inc. PY 2022 · Profit Sharing

Summit Biosciences 401(k) Plan · $4M · 125 · 44th

  • VS-ST $4M
  • VS-ST 125
  • VS-ST 44th
  • VS-ST Profit Sharing
  • VS-ST near Emery & Webb, Inc. Profit Sharing Plan and Trust
  • VS-ST ind #5668

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Kentucky →

Summit Biosciences 401(k) Plan in the asset neighbourhood

Tae, Inc. Profit Sharing Retirement PlanTae, Inc. Profit Sharing Ret…$4MSummit Biosciences 401(k) PlanSummit Biosciences 401(k) Pl…$4MEmery & Webb, Inc. Profit Sharing Plan and TrustEmery & Webb, Inc. Profit Sh…$4MRittenhouse Archives Limited Basic Ps Qrp Group PlanRittenhouse Archives Limited…$4MBergen Oral Surgery Group, P.a. Profit Sharing PlanBergen Oral Surgery Group, P…$4M
End-of-year total assets ($M) among Summit Biosciences 401(k) Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Kentucky filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$4M
Net Income$191K
Employer EIN271252863
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Summit Biosciences, Inc.)

Sponsor-wide plan assets over time

All Summit Biosciences, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$5M 46.31820908054123% vs 2022
2024 filing year
$3M$4M$5M$6M 202220232024 $3.67M $5.37M ▲ +46.3%
Year Plans Participants Total Assets
2022 1 125 $4M
2023 1 128 $5M
2024 2 251 $5M

Nearby Profit Sharing Plans in Kentucky

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Summit Biosciences 401(k) Plan vs. nearby Profit Sharing plans in Kentucky, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -0.500.511.522.5 Total assets ($B) Participants Summit Biosciences 401(k) Plan, Total assets ($B): 0.003673063 · Participants: 125Summit Biosciences 401(k) PlanCommonspirit Health ERISA 403(b) Plan, Total assets ($B): 2.024256798 · Participants: 31174Commonspirit Health ERISA 403(b) PlanMaterial Handling Systems, Inc. Savings and Investment Plan, Total assets ($B): 0.139762597 · Participants: 146Material Handling Systems, Inc. Savings and Investment PlanKing's Daughters' Medical Center Base Contribution Plan, Total assets ($B): 0.081517752 · Participants: 2971King's Daughters' Medical Center Base Contribution PlanCommonwealth Health Corporation Retirement Savings Plan, Total assets ($B): 0.067192763 · Participants: 2809Commonwealth Health Corporation Retirement Savings PlanDismas Charities, Inc. Retirement Plan, Total assets ($B): 0.037465388 · Participants: 478Dismas Charities, Inc. Retirement Plan
Summit Biosciences 401(k) Plan vs. nearby Profit Sharing plans in Kentucky, assets vs. participants

Summit Biosciences 401(k) Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Kentucky, the nearest Profit Sharing by assets is Emery & Webb, Inc. Profit Sharing Plan and Trust in NY ($4M); by covered participants it is Autobody Products, Inc. Profit Sharing Plan in PA (125 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Summit Biosciences 401(k) Plan assets move in 2022?
Summit Biosciences 401(k) Plan grew at a solid clip - up 5.5% during 2022, from $3M to $4M. Reported net income was $191K.
How have Summit Biosciences, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Summit Biosciences, Inc.'s sponsor-wide assets grew 46.3%, from $4M to $5M.
Which Profit Sharing plans are similar in size to Summit Biosciences 401(k) Plan?
Among Profit Sharing plans in other states, the closest by assets is Emery & Webb, Inc. Profit Sharing Plan and Trust in NY ($4M, 81 participants).
Which Profit Sharing plans cover a similar participant headcount to Summit Biosciences 401(k) Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Autobody Products, Inc. Profit Sharing Plan in PA (125 participants, $28M in assets).