401(k) · DOL Form 5500 · 2022

Summit Orthopedics, Ltd. 401(k) Plan

Data updated 2026-08-25

$109M
Total assets Near avg plan size
961
Participants Near avg headcount
93rd
Percentile by assets National rank
$113,075
Avg per participant Below avg balance/head
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Official DOL plan name: Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan · Sponsored by Summit Orthopedics, Ltd. · Minnesota · Healthcare & Social Assistance

$109M in assets, 961 participants

Summit Orthopedics, Ltd.'s Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan reported $109M in total assets and 961 participants in its 2022 DOL Form 5500 filing, ranking in the 93rd 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.

  • #18,883 in Healthcare & Social Assistance (20,060 peers)

Where Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan sits by assets

Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan sits in the top 10% of all filed plans by assets, $109M for 961 participants (~$113,075/participant), down 7.9% in 2022.

#18,883
in Healthcare & Social Assistance (20,060 peers)
-7.9%
assets change YoY
1.1×
vs typical plan assets (national mean)

The plan reported a net loss of $9M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan's outsized position by total assets

Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$108,665,086 Top 7% higher than 93% 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 Orthopedics, Ltd. 401(k) Profit Sharing 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 Orthopedics, Ltd. 401(k) Profit Sharing Plan sits mid-pack in the medium band (961 participants).

EBSA filing schedule strip

Filing strip 411762331 · Summit Orthopedics, Ltd. PY 2022 · 401(k)

Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan · $109M · 961 · 93rd

  • PART $109M
  • TYPE 961
  • NET 93rd
  • BOOK 401(k)
  • VS-ST near Diversey, Inc. 401(k) & Profit Sharing Plan
  • BOY ind #18883

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 Minnesota →

Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan in the asset neighbourhood

Kia America 401(k) Plan$109MRegional Cancer Care Associates LLC 401(k) Profit Sharing PlanRegional Cancer Care Associa…$109MSummit Orthopedics, Ltd. 401(k) Profit Sharing PlanSummit Orthopedics, Ltd. 401…$109MDiversey, Inc. 401(k) & Profit Sharing PlanDiversey, Inc. 401(k) & Prof…$109MZimmer Gunsul Frasca Architects LLP 401(k) Savings PlanZimmer Gunsul Frasca Archite…$109M
End-of-year total assets ($M) among Summit Orthopedics, Ltd. 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)$118M
Net Assets (End of Year)$109M
Net Income-$9M
Employer EIN411762331
Plan Effective Date1995-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Summit Orthopedics, Ltd.)

Sponsor-wide plan assets over time

All Summit Orthopedics, Ltd. plans reported in each filing year

Latest sponsor-wide plan assets
$153M 41.07008943056466% vs 2022
2024 filing year
$100M$120M$140M$160M 202220232024 $109M $153M ▲ +41.1%
Year Plans Participants Total Assets
2022 1 961 $109M
2023 1 1,074 $133M
2024 1 1,096 $153M

Nearby 401(k) Plans in Minnesota

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

Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan, Total assets ($B): 0.108665086 · Participants: 961Summit Orthopedics, Ltd. 401(k) Profit Sharing PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 18.576379778 · Participants: 176886Unitedhealth Group 401(k) Savings PlanMedtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan), Total assets ($B): 12.198295 · Participants: 38825Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan)Target Corporation 401(k) Plan, Total assets ($B): 11.216824857 · Participants: 400422Target Corporation 401(k) Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 11.138527656 · Participants: 371593M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 8.266408521 · Participants: 67646U.S. Bank 401(k) Savings Plan
Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan side-by-side with 3 peers →

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

Outside Minnesota, the nearest 401(k) by assets is Diversey, Inc. 401(k) & Profit Sharing Plan in SC ($109M); by covered participants it is Right Choice in-Home Care Inc 401(k) Profit Sharing Plan & Trust in CA (961 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (961 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 Orthopedics, Ltd. 401(k) Profit Sharing Plan assets move in 2022? ▼
Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan pulled back noticeably - down 7.9% during 2022, from $118M to $109M. Reported net income was -$9M.
How have Summit Orthopedics, Ltd. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Summit Orthopedics, Ltd.'s sponsor-wide assets grew 41.1%, from $109M to $153M.
Where does Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan ranks in the 93rd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Diversey, Inc. 401(k) & Profit Sharing Plan in SC ($109M, 1,014 participants).
Which 401(k) plans cover a similar participant headcount to Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Right Choice in-Home Care Inc 401(k) Profit Sharing Plan & Trust in CA (961 participants, $3M 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 411762331.

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.