401(k) · DOL Form 5500 · 2022

Summit Materials LLC 401(k) Plan

Data updated 2026-08-11

$255M
Total assets
6,144
Participants
96th
Percentile by assets
$41,529
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Summit Materials 401(k) Retirement Plan · Sponsored by Summit Materials LLC · Colorado · Construction

$255M in assets, 6,144 participants

Summit Materials LLC's Summit Materials 401(k) Retirement Plan reported $255M in total assets and 6,144 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 139,126 plans)
  • #9,511 in Construction (9,927 peers)

Coverage in Colorado

Summit Materials 401(k) Retirement Plan covers 6,144 participants in Colorado, 16x the typical Colorado plan (state average ~376 per filing). Assets: $255M.

$255M
total plan assets (2022 EOY)
6,144
covered participants
96th
percentile by assets (of 139,126 plans)
$41,529
avg assets per participant

The plan reported a net loss of $69M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Colorado filers

In Colorado, the average filing covers about 376 participants across 2,719 plans. Summit Materials 401(k) Retirement Plan reports 6,144 participants - 16x that state average ($255M EOY assets).

Colorado filing particulars

Total Assets (Beginning of Year)$324M
Net Assets (End of Year)$255M
Net Income-$69M
Employer EIN264138486
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Summit Materials LLC)

$200M$300M$400M$500M 202220232024 $255M $469M ▲ +83.8%
Total plan assets by year, all Summit Materials LLC plans on file
Year Plans Participants Total Assets
2022 1 6,144 $255M
2023 1 4,622 $302M
2024 1 5,333 $469M

Nearby 401(k) Plans in Colorado

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

Summit Materials 401(k) Retirement Plan vs. nearby 401(k) plans in Colorado, assets vs. participants

Summit Materials 401(k) Retirement Plan vs. nearby 401(k) plans in Colorado, assets vs. participants Scatter plot of 6 data points. 0200004000060000 0123 Total assets ($B) Participants Summit Materials 401…Davita Retirement Sa…Ball Corporation 401…Scl Health 401(k) Re…Woodward Retirement …Empower Retirement, …
Summit Materials 401(k) Retirement Plan vs. nearby 401(k) plans in Colorado, assets vs. participants

Scale composition for Summit Materials 401(k) Retirement Plan

Summit Materials 401(k) Retirement Plan reports $255M in end-of-year assets across 6,144 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $41,529 per participant (30% of the national average assets-per-participant) . Net income for plan year 2022 was -$69M.

This plan identity (EIN 264138486, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $255M to $469M (+83.8%) while covered participants moved from 6,144 to 5,333 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 6,144 $255M This page
2023 4,622 $302M Open filing
2024 · index core 5,333 $469M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Summit Materials 401(k) Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Summit Materials 401(k) Retirement Plan assets move in 2022?
Summit Materials 401(k) Retirement Plan declined sharply - down 21.2% during 2022, from $324M to $255M. Reported net income was -$69M.
How have Summit Materials LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Summit Materials LLC's sponsor-wide assets grew 83.8%, from $255M to $469M.
Where does Summit Materials 401(k) Retirement Plan rank by assets among Form 5500 filers?
Summit Materials 401(k) Retirement Plan ranks in the 96th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Summit Materials 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Maynard Nexsen PC 401(k) Plan & Trust in AL ($255M, 389 participants).

Next read for Summit Materials 401(k) Retirement Plan

Filing takeaways

Ways to act on Summit Materials 401(k) Retirement Plan's numbers.

  • By total assets, Summit Materials 401(k) Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Colorado. Compare plans
  • Summit Materials LLC's sponsor-wide assets have grown 83.8% since 2022 across 3 plan years on file. More Construction plans