401(k) · DOL Form 5500 · 2022

Summit 7 Systems, LLC 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
114
Participants Small participant base
44th
Percentile by assets National rank
$31,559
Avg per participant Low balance/head
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Official DOL plan name: Summit 7 Systems 401(k) Plan · Sponsored by Summit 7 Systems, LLC · Alabama · Professional & Technical Services

$4M in assets, 114 participants

Summit 7 Systems, LLC's Summit 7 Systems 401(k) Plan reported $4M in total assets and 114 participants in its 2022 DOL Form 5500 filing, ranking in the 44th 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.

  • #8,912 in Professional & Technical Services (21,562 peers)

Coverage in Alabama

Summit 7 Systems 401(k) Plan covers 114 participants in Alabama, about 32% of the average Alabama filer (state average ~360 per filing). Assets: $4M.

#8,912
in Professional & Technical Services (21,562 peers)
+5.9%
assets growth YoY

Summit 7 Systems 401(k) Plan's mid-pack asset rank among Professional & Technical Services and all filers

Summit 7 Systems 401(k) Plan vs every filed plan by assets

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

$3,597,690 44th percentile higher than 44% 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 7 Systems 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. Summit 7 Systems 401(k) Plan sits mid-pack in the medium band (114 participants).

DOL schedule card

Filing strip 271467561 · Summit 7 Systems, LLC PY 2022 · 401(k)

Summit 7 Systems 401(k) Plan · $4M · 114 · 44th

  • VS-ST $4M
  • BOY 114
  • SCH 44th
  • EBSA 401(k)
  • PART near Rotorcraft Services Group 401(k) Plan
  • TYPE ind #8912

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 Professional & Technical Services retirement plans → · Plans in Alabama →

Summit 7 Systems 401(k) Plan in the asset neighbourhood

Summit 7 Systems 401(k) Plan$4MRotorcraft Services Group 401(k) PlanRotorcraft Services Group 40…$4MInnovative Mechanical, Inc. 401(k) Profit Sharing PlanInnovative Mechanical, Inc. …$4MAutofi 401(k) Plan$4MClutterbuck Capital Management L.L.C. 401(k) PlanClutterbuck Capital Manageme…$4M
End-of-year total assets ($M) among Summit 7 Systems 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Alabama filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$4M
Net Income$199K
Employer EIN271467561
Plan Effective Date2010-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Summit 7 Systems, LLC)

Sponsor-wide plan assets over time

All Summit 7 Systems, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$8M 134.95812590856912% vs 2022
2024 filing year
$2M$4M$6M$8M$10M 202220232024 $3.6M $8.45M ▲ +134.7%
Year Plans Participants Total Assets
2022 1 114 $4M
2023 1 124 $5M
2024 1 183 $8M

Nearby 401(k) Plans in Alabama

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

Summit 7 Systems 401(k) Plan vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -10123 Total assets ($B) Participants Summit 7 Systems 401(k) Plan, Total assets ($B): 0.00359769 · Participants: 114Summit 7 Systems 401(k) PlanRegions Financial Corporation 401(k) Plan, Total assets ($B): 2.473693723 · Participants: 20809Regions Financial Corporation 401(k) PlanEncompass Health Corporation Retirement Investment Plan, Total assets ($B): 1.247463658 · Participants: 26602Encompass Health Corporation Retirement Investment PlanHexagon Employee Retirement Savings Plan, Total assets ($B): 1.211223713 · Participants: 4237Hexagon Employee Retirement Savings PlanVulcan 401(k) Plan, Total assets ($B): 1.148537747 · Participants: 8489Vulcan 401(k) PlanMercedes-Benz U.S. International, Inc. Retirement and Savings Plan, Total assets ($B): 0.930385246 · Participants: 4593Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan
Summit 7 Systems 401(k) Plan vs. nearby 401(k) plans in Alabama, assets vs. participants

Summit 7 Systems 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Alabama, the nearest 401(k) by assets is Rotorcraft Services Group 401(k) Plan in TX ($4M); by covered participants it is Blue Ocean Realty, LLC Retirement Plan in MD (114 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (114 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 7 Systems 401(k) Plan assets move in 2022?
Summit 7 Systems 401(k) Plan grew at a solid clip - up 5.9% during 2022, from $3M to $4M. Reported net income was $199K.
How have Summit 7 Systems, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Summit 7 Systems, LLC's sponsor-wide assets grew 135.0%, from $4M to $8M.
Which 401(k) plans are similar in size to Summit 7 Systems 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Rotorcraft Services Group 401(k) Plan in TX ($4M, 80 participants).
Which 401(k) plans cover a similar participant headcount to Summit 7 Systems 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Blue Ocean Realty, LLC Retirement Plan in MD (114 participants, $288K in assets).