401(k)
2022 plan-year 401(k) DOL Form 5500

Summit Contracting Group, Inc. 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Summit Contracting Group, Inc. · Florida · Construction

What the 2023 filing shows

Summit Contracting Group, Inc. 401(k) Plan holds $10M for 327 participants — about $31,013 per participant, down 3.2% over the 2022 plan year.

$10M
total plan assets (2022 EOY)
327
covered participants
$31,013
avg assets per participant
-3.2%
assets change YoY

The plan reported a net loss of $333K for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$10M
Participants
327
State
Industry
Construction

What the Filing Says About Summit Contracting Group, Inc. 401(k) Plan

Summit Contracting Group, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Summit Contracting Group, Inc., headquartered in Florida. As of the 2022 Form 5500 filing, the plan reports $10M in total end-of-year assets and covers 327 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 208209413, and the plan has been effective since 1991-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $10M at the beginning of 2022 to $10M at year-end — a decline of 3.2%. Net assets (after liabilities) closed the year at $10M, with reported net income of $-333,027 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$10M
Total Assets (End of Year)$10M
Net Assets (End of Year)$10M
Net Income$-333,027
Plan Type401(k)
Employer EIN208209413
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Summit Contracting Group, Inc.)

Year Plans Participants Total Assets
2022 1 327 $10M
2023 1 420 $14M
2024 1 427 $18M

Nearby 401(k) Plans in Florida

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Frequently Asked Questions

How much money is in the Summit Contracting Group, Inc. 401(k) Plan?
As of the 2022 Form 5500 filing, Summit Contracting Group, Inc. 401(k) Plan holds $10M in total assets with 327 participants. It is sponsored by Summit Contracting Group, Inc..
What type of plan is Summit Contracting Group, Inc. 401(k) Plan?
Summit Contracting Group, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 1991-01-01. The plan is filed with the U.S. Department of Labor under EIN 208209413.
Who sponsors the Summit Contracting Group, Inc. 401(k) Plan?
Summit Contracting Group, Inc. 401(k) Plan is sponsored by Summit Contracting Group, Inc., located in Florida. The sponsor's EIN is 208209413 and the plan operates in the Construction industry.
How did Summit Contracting Group, Inc. 401(k) Plan perform in 2022?
Summit Contracting Group, Inc. 401(k) Plan declined by 3.2% during 2022, moving from $10M to $10M in total assets. Net income was $-333,027.
Where can I find official filings for Summit Contracting Group, Inc. 401(k) Plan?
Official Form 5500 filings for Summit Contracting Group, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 208209413 or plan name at efast.dol.gov.
How does Summit Contracting Group, Inc. 401(k) Plan compare to other plans?
You can compare Summit Contracting Group, Inc. 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Florida on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 208209413.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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