401(k) · DOL Form 5500 · 2022

Summit Utilities, Inc. 401(k) Plan

Data updated 2026-08-25

$59M
Total assets Below avg plan size
316
Participants Below avg headcount
89th
Percentile by assets National rank
$188,177
Avg per participant Above avg balance/head
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Official DOL plan name: Summit Utilities, Inc. 401(k) Plan · Sponsored by Summit Utilities, Inc. · Arkansas · Utilities

$59M in assets, 316 participants

Summit Utilities, Inc.'s Summit Utilities, Inc. 401(k) Plan reported $59M in total assets and 316 participants in its 2022 DOL Form 5500 filing, ranking in the 89th 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.

  • #435 in Utilities (738 peers)

Coverage in Arkansas

Summit Utilities, Inc. 401(k) Plan covers 316 participants in Arkansas, about 11% of the average Arkansas filer (state average ~2,784 per filing). Assets: $59M.

#435
in Utilities (738 peers)
+73.5%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Summit Utilities, Inc. 401(k) Plan's outsized position by total assets

Summit Utilities, Inc. 401(k) Plan vs every filed plan by assets

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

$59,463,792 Top 11% higher than 89% 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 Utilities, Inc. 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 Utilities, Inc. 401(k) Plan sits mid-pack in the medium band (316 participants).

EBSA filing schedule strip

Filing strip 200929645 · Summit Utilities, Inc. PY 2022 · 401(k)

Summit Utilities, Inc. 401(k) Plan · $59M · 316 · 89th

  • EBSA $59M
  • EBSA 316
  • EBSA 89th
  • EBSA 401(k)
  • EBSA near Retail Service Group Savings Plan of Hallmark Cards, Incorporated
  • EBSA ind #435

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 Utilities retirement plans → · Plans in Arkansas →

Summit Utilities, Inc. 401(k) Plan in the asset neighbourhood

The Reynolds Company Employees' Retirement PlanThe Reynolds Company Employe…$59MSummit Utilities, Inc. 401(k) PlanSummit Utilities, Inc. 401(k…$59MRetail Service Group Savings Plan of Hallmark Cards, IncorporatedRetail Service Group Savings…$59MJackoway Austen Tyerman Wertheimer Mandelbaum Morris Bernstein Trattner & Klein PC Thrift and Savings PlanJackoway Austen Tyerman Wert…$59MInternational Imaging Materials, Inc. Retirement and Investment PlanInternational Imaging Materi…$59M
End-of-year total assets ($M) among Summit Utilities, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Arkansas filing particulars

Total Assets (Beginning of Year)$34M
Net Assets (End of Year)$59M
Net Income$25M
Employer EIN200929645
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Summit Utilities, Inc.)

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$100M 68.41718906860162% vs 2022
2024 filing year
$40M$60M$80M$100M$120M 202220232024 $59.5M $100M ▲ +68.4%
Year Plans Participants Total Assets
2022 1 316 $59M
2023 1 1,116 $80M
2024 1 1,325 $100M

Nearby 401(k) Plans in Arkansas

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Summit Utilities, Inc. 401(k) Plan vs. nearby 401(k) plans in Arkansas, assets vs. participants Scatter plot of 6 data points. -5000000500000100000015000002000000 -10010203040 Total assets ($B) Participants Summit Utilities, Inc. 401(k) Plan, Total assets ($B): 0.059463792 · Participants: 316Summit Utilities, Inc. 401(k) PlanWalmart 401(k) Plan, Total assets ($B): 36.747577034 · Participants: 1687830Walmart 401(k) PlanTyson Foods, Inc. Retirement Savings Plan, Total assets ($B): 3.240139798 · Participants: 109234Tyson Foods, Inc. Retirement Savings PlanDillard's, Inc. Investment & Employee Stock Ownership Plan, Total assets ($B): 2.448802275 · Participants: 30577Dillard's, Inc. Investment & Employee Stock Ownership PlanJ.B. Hunt Transport Services, Inc. Employee Retirement Plan, Total assets ($B): 1.120265109 · Participants: 34174J.B. Hunt Transport Services, Inc. Employee Retirement PlanWindstream 401(k) Plan, Total assets ($B): 1.09987819 · Participants: 10984Windstream 401(k) Plan
Summit Utilities, Inc. 401(k) Plan vs. nearby 401(k) plans in Arkansas, assets vs. participants
Compare Summit Utilities, Inc. 401(k) Plan side-by-side with 3 peers →

Summit Utilities, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Arkansas, the nearest 401(k) by assets is Retail Service Group Savings Plan of Hallmark Cards, Incorporated in MO ($59M); by covered participants it is Granular, Inc. 401(k) Plan in DE (316 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (316 participants); asset peers above are excluded.

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 Utilities, Inc. 401(k) Plan assets move in 2022? ▼
Summit Utilities, Inc. 401(k) Plan surged - up 73.5% during 2022, from $34M to $59M. Reported net income was $25M.
How have Summit Utilities, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Summit Utilities, Inc.'s sponsor-wide assets grew 68.4%, from $59M to $100M.
Where does Summit Utilities, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Summit Utilities, Inc. 401(k) Plan ranks in the 89th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Summit Utilities, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Retail Service Group Savings Plan of Hallmark Cards, Incorporated in MO ($59M, 4,342 participants).
Which 401(k) plans cover a similar participant headcount to Summit Utilities, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Granular, Inc. 401(k) Plan in DE (316 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 200929645.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.