ESOP · DOL Form 5500 · 2022

Summit Helicopters, Inc. ESOP

Data updated 2026-08-25

$12M
Total assets Small plan by assets
56
Participants Small participant base
69th
Percentile by assets National rank
$220,754
Avg per participant Above avg balance/head
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Official DOL plan name: Summit Helicopters, Inc. Employee Stock Ownership Plan and Trust · Sponsored by Summit Helicopters, Inc. · Virginia · Agriculture, Forestry & Fishing

$12M in assets, 56 participants

Summit Helicopters, Inc.'s Summit Helicopters, Inc. Employee Stock Ownership Plan and Trust reported $12M in total assets and 56 participants in its 2022 DOL Form 5500 filing, ranking in the 69th 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.

  • #1,161 in Agriculture, Forestry & Fishing (1,523 peers)

Summit Helicopters, Inc. multi-year trail

Summit Helicopters, Inc.'s plans moved -10.1% in assets from 2022 to 2024; this filing shows Summit Helicopters, Inc. Employee Stock Ownership Plan and Trust at $12M / 56 participants.

#1,161
in Agriculture, Forestry & Fishing (1,523 peers)
-2.3%
assets change YoY

The plan reported a net loss of $29K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Summit Helicopters, Inc. Employee Stock Ownership Plan and Trust's outsized position by total assets

Summit Helicopters, Inc. Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$12,362,220 Top 31% higher than 69% 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 Helicopters, Inc. Employee Stock Ownership 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 Helicopters, Inc. Employee Stock Ownership Plan and Trust is a small filing (56 participants) on this national headcount ladder.

Published 5500 schedule card

Filing strip 541156923 · Summit Helicopters, Inc. PY 2022 · ESOP

Summit Helicopters, Inc. Employee Stock Ownership Plan and Trust · $12M · 56 · 69th

  • VS-ST $12M
  • VS-ST 56
  • VS-ST 69th
  • VS-ST ESOP
  • VS-ST near Horner & Shifrin, Inc. Employee Stock Ownership Plan
  • VS-ST ind #1161

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 What is an ESOP? → · Plans in Virginia →

Summit Helicopters, Inc. Employee Stock Ownership Plan and Trust in the asset neighbourhood

Kai Hawaii, Inc. Employee Stock Ownership PlanKai Hawaii, Inc. Employee St…$12MHorner & Shifrin, Inc. Employee Stock Ownership PlanHorner & Shifrin, Inc. Emplo…$12MSummit Helicopters, Inc. Employee Stock Ownership Plan and TrustSummit Helicopters, Inc. Emp…$12MBo/Gar Enterprises, Inc. Employee Stock Ownership PlanBo/Gar Enterprises, Inc. Emp…$12MImi Management, Inc. Employee Stock Ownership PlanImi Management, Inc. Employe…$12M
End-of-year total assets ($M) among Summit Helicopters, Inc. Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Summit Helicopters, Inc. multi-year asset trail

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$11M 10.122664052249515% vs 2022
2024 filing year
$10.5M$11M$11.5M$12M$12.5M 202220232024 $12.4M $11.1M ▼ -10.1%
Year Plans Participants Total Assets
2022 1 56 $12M
2023 1 53 $12M
2024 1 49 $11M

Summit Helicopters, Inc. filing trail (2022)

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$11M
Net Income-$29K
Employer EIN541156923
Plan Effective Date1983-02-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Virginia

Peer ESOP plans, same state, same plan type, ranked by total assets.

Summit Helicopters, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Virginia, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -20002004006008001000 Total assets ($M) Participants Summit Helicopters, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 12.36222 · Participants: 56Summit Helicopters, Inc. Employee Stock Ownership Plan and TrustNvr, Inc. Employee Stock Ownership Plan, Total assets ($M): 862.945849 · Participants: 6910Nvr, Inc. Employee Stock Ownership PlanThe Resorts Companies, Inc. Employee Stock Ownership Plan, Total assets ($M): 301.066368 · Participants: 1695The Resorts Companies, Inc. Employee Stock Ownership PlanAmerican Systems Corporation Employee Stock Ownership Plan, Total assets ($M): 291.782297 · Participants: 1828American Systems Corporation Employee Stock Ownership PlanNew River Electrical Corporation Employee Stock Ownership Plan, Total assets ($M): 287.62409 · Participants: 424New River Electrical Corporation Employee Stock Ownership PlanDavis H. Elliot Company, Incorporated Employee Stock Ownership Plan, Total assets ($M): 237.22873 · Participants: 1882Davis H. Elliot Company, Incorporated Employee Stock Ownership Plan
Summit Helicopters, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Virginia, assets vs. participants
Compare Summit Helicopters, Inc. Employee Stock Ownership Plan and Trust side-by-side with 3 peers →

Summit Helicopters, Inc. Employee Stock Ownership Plan and Trust's out-of-state ESOP peers by assets and headcount

Outside Virginia, the nearest ESOP by assets is Horner & Shifrin, Inc. Employee Stock Ownership Plan in MO ($12M); by covered participants it is Barker-Phillips-Jackson, Inc. Employee Stock Ownership Plan in MO (56 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (56 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 Helicopters, Inc. Employee Stock Ownership Plan and Trust assets move in 2022? ▼
Summit Helicopters, Inc. Employee Stock Ownership Plan and Trust edged down modestly - down 2.3% during 2022, from $13M to $12M. Reported net income was -$29K.
How have Summit Helicopters, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Summit Helicopters, Inc.'s sponsor-wide assets declined 10.1%, from $12M to $11M.
Which ESOP plans are similar in size to Summit Helicopters, Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by assets is Horner & Shifrin, Inc. Employee Stock Ownership Plan in MO ($12M, 98 participants).
Which ESOP plans cover a similar participant headcount to Summit Helicopters, Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by covered participants is Barker-Phillips-Jackson, Inc. Employee Stock Ownership Plan in MO (56 participants, $36M 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 541156923.

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.