401(k) · DOL Form 5500 · 2022

The Summit Center Inc. 401(k) Plan

Data updated 2026-08-25

$26M
Total assets Below avg plan size
384
Participants Below avg headcount
81st
Percentile by assets National rank
$67,053
Avg per participant Below avg balance/head
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Official DOL plan name: The Summit Center 401(k) Plan · Sponsored by The Summit Center Inc. · New York · Educational Services

$26M in assets, 384 participants

The Summit Center Inc.'s The Summit Center 401(k) Plan reported $26M in total assets and 384 participants in its 2022 DOL Form 5500 filing, ranking in the 81st 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.

  • #2,644 in Educational Services (4,024 peers)

Coverage in New York

The Summit Center 401(k) Plan covers 384 participants in New York, about 48% of the average New York filer (state average ~798 per filing). Assets: $26M.

#2,644
in Educational Services (4,024 peers)
-16.9%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Summit Center 401(k) Plan's outsized position by total assets

The Summit Center 401(k) Plan vs every filed plan by assets

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

$25,748,467 Top 19% higher than 81% 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

The Summit Center 401(k) 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. The Summit Center 401(k) Plan sits mid-pack in the medium band (384 participants).

DOL schedule card

Filing strip 161095750 · The Summit Center Inc. PY 2022 · 401(k)

The Summit Center 401(k) Plan · $26M · 384 · 81st

  • VS-ST $26M
  • VS-ST 384
  • VS-ST 81st
  • VS-ST 401(k)
  • VS-ST near Burnett Oil Co., Inc. and Affiliates 401(k) Plan
  • VS-ST ind #2644

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 Educational Services retirement plans → · Plans in New York →

The Summit Center 401(k) Plan in the asset neighbourhood

The Summit Center 401(k) Plan$26MBurnett Oil Co., Inc. and Affiliates 401(k) PlanBurnett Oil Co., Inc. and Af…$26MThe Mortgage Firm, Inc. 401(k) PlanThe Mortgage Firm, Inc. 401(…$26MMillwood, Inc 401(k) Profit Sharing PlanMillwood, Inc 401(k) Profit …$26MAnesthesiology Associates, Inc 401(k) PlanAnesthesiology Associates, I…$26M
End-of-year total assets ($M) among The Summit Center 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

New York filing particulars

Total Assets (Beginning of Year)$31M
Net Assets (End of Year)$26M
Net Income-$5M
Employer EIN161095750
Plan Effective Date1992-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Summit Center Inc.)

Sponsor-wide plan assets over time

All The Summit Center Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$33M 26.251399743526477% vs 2022
2024 filing year
$25M$30M$35M 202220232024 $25.8M $32.5M ▲ +26.3%
Year Plans Participants Total Assets
2022 1 384 $26M
2023 1 375 $29M
2024 1 467 $33M

Nearby 401(k) Plans in New York

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

The Summit Center 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants The Summit Center 401(k) Plan, Total assets ($B): 0.025748467 · Participants: 384The Summit Center 401(k) PlanIBM 401 (K) Plus Plan, Total assets ($B): 53.363875208 · Participants: 56376IBM 401 (K) Plus PlanMorgan Stanley 401(k) Plan, Total assets ($B): 16.415517176 · Participants: 42924Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 12.067222 · Participants: 129846The Pepsico Savings PlanDeloitte 401(k) Plan, Total assets ($B): 10.966899716 · Participants: 74687Deloitte 401(k) PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 9.681988279 · Participants: 22650The Goldman Sachs 401(k) Plan
The Summit Center 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare The Summit Center 401(k) Plan side-by-side with 3 peers →

The Summit Center 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Burnett Oil Co., Inc. and Affiliates 401(k) Plan in TX ($26M); by covered participants it is Educational Playcare, Inc. 401(k) Plan in CT (384 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (384 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 The Summit Center 401(k) Plan assets move in 2022? ▼
The Summit Center 401(k) Plan declined sharply - down 16.9% during 2022, from $31M to $26M. Reported net income was -$5M.
How have The Summit Center Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Summit Center Inc.'s sponsor-wide assets grew 26.3%, from $26M to $33M.
Where does The Summit Center 401(k) Plan rank by assets among Form 5500 filers? ▼
The Summit Center 401(k) Plan ranks in the 81st percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to The Summit Center 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Burnett Oil Co., Inc. and Affiliates 401(k) Plan in TX ($26M, 158 participants).
Which 401(k) plans cover a similar participant headcount to The Summit Center 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Educational Playcare, Inc. 401(k) Plan in CT (384 participants, N/A 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 161095750.

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.