401(k) · DOL Form 5500 · 2022

Summit Medical Group, PLLC 401(k) Plan

Data updated 2026-08-25

$246M
Total assets Near avg plan size
1,335
Participants Near avg headcount
96th
Percentile by assets National rank
$184,246
Avg per participant Above avg balance/head
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Official DOL plan name: Summit Medical Group, PLLC 401(k) Profit Sharing Plan · Sponsored by Summit Medical Group, PLLC · Tennessee · Healthcare & Social Assistance

$246M in assets, 1,335 participants

Summit Medical Group, PLLC's Summit Medical Group, PLLC 401(k) Profit Sharing Plan reported $246M in total assets and 1,335 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • #19,399 in Healthcare & Social Assistance (20,060 peers)

Where Summit Medical Group, PLLC 401(k) Profit Sharing Plan sits by assets

Summit Medical Group, PLLC 401(k) Profit Sharing Plan sits in the top 5% of all filed plans by assets, $246M for 1,335 participants (~$184,246/participant), down 19.6% in 2022.

#19,399
in Healthcare & Social Assistance (20,060 peers)
-19.6%
assets change YoY
2.5×
vs typical plan assets (national mean)

The plan reported a net loss of $60M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Summit Medical Group, PLLC 401(k) Profit Sharing Plan's outsized position by total assets

Summit Medical Group, PLLC 401(k) Profit Sharing Plan vs every filed plan by assets

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

$245,968,375 Top 4% higher than 96% 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 Medical Group, PLLC 401(k) Profit Sharing Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Summit Medical Group, PLLC 401(k) Profit Sharing Plan lands in the large band (1,335 participants).

Published 5500 schedule card

Filing strip 621585063 · Summit Medical Group, PLLC PY 2022 · 401(k)

Summit Medical Group, PLLC 401(k) Profit Sharing Plan · $246M · 1,335 · 96th

  • IND $246M
  • IND 1,335
  • IND 96th
  • IND 401(k)
  • IND near Sgs North America, Inc. 401(k) Plan
  • IND ind #19399

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 Healthcare & Social Assistance retirement plans → · Plans in Tennessee →

Summit Medical Group, PLLC 401(k) Profit Sharing Plan in the asset neighbourhood

Indiana Farm Bureau Companies Employees' 401(k) Savings PlanIndiana Farm Bureau Companie…$246MLiquor and Allied Workers Union Local No. 3, EmpLiquor and Allied Workers Un…$246MSummit Medical Group, PLLC 401(k) Profit Sharing PlanSummit Medical Group, PLLC 4…$246MSgs North America, Inc. 401(k) PlanSgs North America, Inc. 401(…$246MSally Beauty 401(k) and Profit Sharing PlanSally Beauty 401(k) and Prof…$246M
End-of-year total assets ($M) among Summit Medical Group, PLLC 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$306M
Net Assets (End of Year)$246M
Net Income-$60M
Employer EIN621585063
Plan Effective Date1995-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Summit Medical Group, PLLC)

Sponsor-wide plan assets over time

All Summit Medical Group, PLLC plans reported in each filing year

Latest sponsor-wide plan assets
$348M 41.51376574325866% vs 2022
2024 filing year
$200M$250M$300M$350M$400M 202220232024 $246M $348M ▲ +41.5%
Year Plans Participants Total Assets
2022 1 1,335 $246M
2023 1 1,445 $293M
2024 1 1,601 $348M

Nearby 401(k) Plans in Tennessee

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

Summit Medical Group, PLLC 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants Summit Medical Group, PLLC 401(k) Profit Sharing Plan, Total assets ($B): 0.245968375 · Participants: 1335Summit Medical Group, PLLC 401(k) Profit Sharing PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 21.031401128 · Participants: 220835Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 18.669830548 · Participants: 280576Hca 401(k) PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.178827147 · Participants: 11839International Paper Company Salaried Savings PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 4.035859621 · Participants: 5305Federal Express Corporation Pilots Retirement Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.015461486 · Participants: 62485Chs/Community Health Systems, Inc. Retirement Savings Plan
Summit Medical Group, PLLC 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants
Compare Summit Medical Group, PLLC 401(k) Profit Sharing Plan side-by-side with 3 peers →

Summit Medical Group, PLLC 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Tennessee, the nearest 401(k) by assets is Sgs North America, Inc. 401(k) Plan in TX ($246M); by covered participants it is Oportun 401(k) Plan in CA (1,335 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,335 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 Medical Group, PLLC 401(k) Profit Sharing Plan assets move in 2022? ▼
Summit Medical Group, PLLC 401(k) Profit Sharing Plan declined sharply - down 19.6% during 2022, from $306M to $246M. Reported net income was -$60M.
How have Summit Medical Group, PLLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Summit Medical Group, PLLC's sponsor-wide assets grew 41.5%, from $246M to $348M.
Where does Summit Medical Group, PLLC 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Summit Medical Group, PLLC 401(k) Profit Sharing Plan ranks in the 96th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Summit Medical Group, PLLC 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Sgs North America, Inc. 401(k) Plan in TX ($246M, 3,162 participants).
Which 401(k) plans cover a similar participant headcount to Summit Medical Group, PLLC 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Oportun 401(k) Plan in CA (1,335 participants, $57M 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 621585063.

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.