401(k) · DOL Form 5500 · 2022

Summit Construction, Inc. 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
86
Participants Small participant base
39th
Percentile by assets National rank
$31,941
Avg per participant Low balance/head
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Official DOL plan name: Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust · Sponsored by Summit Construction, Inc. · Maryland · Construction

$3M in assets, 86 participants

Summit Construction, Inc.'s Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust reported $3M in total assets and 86 participants in its 2022 DOL Form 5500 filing, ranking in the 39th 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.

  • #3,667 in Construction (9,927 peers)

Summit Construction, Inc. multi-year trail

Summit Construction, Inc.'s plans moved +30.8% in assets from 2022 to 2024; this filing shows Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust at $3M / 86 participants.

#3,667
in Construction (9,927 peers)
-13.6%
assets change YoY

The plan reported a net loss of $432K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust's mid-pack asset rank among Construction and all filers

Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust vs every filed plan by assets

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

$2,746,916 39th percentile higher than 39% 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 Construction, Inc. 401(k) Profit Sharing Plan and Trust among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust is a small filing (86 participants) on this national headcount ladder.

Plan-year Form 5500 strip

Filing strip 521681582 · Summit Construction, Inc. PY 2022 · 401(k)

Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust · $3M · 86 · 39th

  • 5500 $3M
  • 5500 86
  • 5500 39th
  • 5500 401(k)
  • 5500 near Arizona Center for Implant, Facial and Oral Surgery, PC Profit Sharing Plan and Trust
  • 5500 ind #3667

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 Construction retirement plans → · Plans in Maryland →

Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust in the asset neighbourhood

Summit Construction, Inc. 401(k) Profit Sharing Plan and TrustSummit Construction, Inc. 40…$3MArizona Center for Implant, Facial and Oral Surgery, PC Profit Sharing Plan and TrustArizona Center for Implant, …$3MElectric Light Company, Inc. 401(k) PlanElectric Light Company, Inc.…$3MThe Ecology Group 401(k) Plan$3MAgbayani Construction 401(k) Profit Sharing PlanAgbayani Construction 401(k)…$3M
End-of-year total assets ($M) among Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Summit Construction, Inc. multi-year asset trail

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$4M 30.762498744046052% vs 2022
2024 filing year
$2.5M$3M$3.5M$4M 202220232024 $2.75M $3.59M ▲ +30.5%
Year Plans Participants Total Assets
2022 1 86 $3M
2023 1 82 $3M
2024 1 85 $4M

Summit Construction, Inc. filing trail (2022)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income-$432K
Employer EIN521681582
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Maryland

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

Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -1001020304050 Total assets ($B) Participants Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust, Total assets ($B): 0.002746916 · Participants: 86Summit Construction, Inc. 401(k) Profit Sharing Plan and TrustLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 43.624690273 · Participants: 87666Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 8.25929933 · Participants: 82576Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 3.651080244 · Participants: 6107T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 3.260404321 · Participants: 2819Nfl Player Second Career Savings PlanSodexo 401 (K) Employees' Retirement Savings Plan and Trust, Total assets ($B): 1.938654635 · Participants: 74729Sodexo 401 (K) Employees' Retirement Savings Plan and Trust
Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Maryland, assets vs. participants

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

Outside Maryland, the nearest 401(k) by assets is Arizona Center for Implant, Facial and Oral Surgery, PC Profit Sharing Plan and Trust in AZ ($3M); by covered participants it is Sauder Woodworking Subsidiaries 401(k) Retirement Investment Plan in OH (86 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (86 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 Construction, Inc. 401(k) Profit Sharing Plan and Trust assets move in 2022?
Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust pulled back noticeably - down 13.6% during 2022, from $3M to $3M. Reported net income was -$432K.
How have Summit Construction, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Summit Construction, Inc.'s sponsor-wide assets grew 30.8%, from $3M to $4M.
Which 401(k) plans are similar in size to Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust?
Among 401(k) plans in other states, the closest by assets is Arizona Center for Implant, Facial and Oral Surgery, PC Profit Sharing Plan and Trust in AZ ($3M, 9 participants).
Which 401(k) plans cover a similar participant headcount to Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust?
Among 401(k) plans in other states, the closest by covered participants is Sauder Woodworking Subsidiaries 401(k) Retirement Investment Plan in OH (86 participants, N/A in assets).