ESOP · DOL Form 5500 · 2022

Summit Body & Equipment Inc. ESOP

Data updated 2026-08-11

$15M
Total assets
25
Participants
73rd
Percentile by assets
$600,000
Avg per participant
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Official DOL plan name: Summit Body & Equipment, Inc. Employee Stock Ownership Plan and Trust · Sponsored by Summit Body & Equipment Inc. · Oregon · Manufacturing

$15M in assets, 25 participants

Summit Body & Equipment Inc.'s Summit Body & Equipment, Inc. Employee Stock Ownership Plan and Trust reported $15M in total assets and 25 participants in its 2022 DOL Form 5500 filing, ranking in the 73rd 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.

  • 73rd percentile by assets (of 139,126 plans)
  • #12,761 in Manufacturing (20,602 peers)

Summit Body & Equipment Inc. multi-year trail

Summit Body & Equipment Inc.'s plans moved +57.4% in assets from 2022 to 2024; this filing shows Summit Body & Equipment, Inc. Employee Stock Ownership Plan and Trust at $15M / 25 participants.

$15M
total plan assets (2022 EOY)
25
covered participants
73rd
percentile by assets (of 139,126 plans)
$600,000
avg assets per participant
State
Industry

Summit Body & Equipment Inc. across 3 plan years on file

Across the 3 plan years Summit Body & Equipment Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $15M to $24M, a gain of 57.4%, while reported participants moved from 25 to 28 (+12.0%). Peak year by sponsor assets: 2024 ($24M); trough: 2022 ($15M).

Summit Body & Equipment Inc. multi-year asset trail

$10M$15M$20M$25M 202220232024 $15M $23.6M ▲ +57.4%
Total plan assets by year, all Summit Body & Equipment Inc. plans on file
Year Plans Participants Total Assets
2022 1 25 $15M
2023 1 20 $21M
2024 1 28 $24M

Summit Body & Equipment Inc. filing trail (2022)

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$14M
Net Income$482K
Employer EIN931044551
Plan Effective Date2014-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Oregon

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

Summit Body & Equipment, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Oregon, assets vs. participants

Summit Body & Equipment, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Oregon, assets vs. participants Scatter plot of 6 data points. -50005001000150020002500 0100200300 Total assets ($M) Participants Summit Body & Equipm…Bi-Mart Corporation …Bob's Red Mill Natur…Pacific Industrial C…Key Knife, Inc. Empl…Northwest Pump & Equ…
Summit Body & Equipment, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Oregon, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Summit Body & Equipment, Inc. Employee Stock Ownership Plan and Trust by total assets, not by location.

Frequently Asked Questions

How did Summit Body & Equipment, Inc. Employee Stock Ownership Plan and Trust assets move in 2022?
Summit Body & Equipment, Inc. Employee Stock Ownership Plan and Trust edged up modestly - up 2.5% during 2022, from $15M to $15M. Reported net income was $482K.
How have Summit Body & Equipment Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Summit Body & Equipment Inc.'s sponsor-wide assets grew 57.4%, from $15M to $24M.
Which ESOP plans are similar in size to Summit Body & Equipment, Inc. Employee Stock Ownership Plan and Trust?
Among ESOP plans in other states, the closest by assets is Lyon Video, Inc. Employee Stock Ownership Plan in OH ($15M, 40 participants).

Next read for Summit Body & Equipment, Inc. Employee S…

Multi-year trail

Ways to act on Summit Body & Equipment, Inc. Employee Stock Ownership Plan and Trust's numbers.

  • By total assets, Summit Body & Equipment, Inc. Employee Stock Ownership Plan and Trust ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Oregon. Compare plans
  • Summit Body & Equipment Inc.'s sponsor-wide assets have grown 57.4% since 2022 across 3 plan years on file. More Manufacturing plans