401(k) · DOL Form 5500 · 2022

Sfp Holding, Inc. 401(k) Plan

Data updated 2026-08-25

$46M
Total assets Below avg plan size
2,091
Participants Near avg headcount
87th
Percentile by assets National rank
$22,015
Avg per participant Low balance/head
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Official DOL plan name: Summit Companies 401(k) Profit Sharing Plan · Sponsored by Sfp Holding, Inc. · Minnesota · Construction

$46M in assets, 2,091 participants

Sfp Holding, Inc.'s Summit Companies 401(k) Profit Sharing Plan reported $46M in total assets and 2,091 participants in its 2022 DOL Form 5500 filing, ranking in the 87th 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.

  • #8,502 in Construction (9,927 peers)

Where Summit Companies 401(k) Profit Sharing Plan sits by assets

Summit Companies 401(k) Profit Sharing Plan sits in the top quartile of all filed plans by assets, $46M for 2,091 participants (~$22,015/participant), up 4.4% in 2022.

#8,502
in Construction (9,927 peers)
+4.4%
assets growth YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Summit Companies 401(k) Profit Sharing Plan's outsized position by total assets

Summit Companies 401(k) Profit Sharing Plan vs every filed plan by assets

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

$46,033,678 Top 13% higher than 87% 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 Companies 401(k) Profit Sharing Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Summit Companies 401(k) Profit Sharing Plan lands in the large band (2,091 participants).

DOL schedule card

Filing strip 205225425 · Sfp Holding, Inc. PY 2022 · 401(k)

Summit Companies 401(k) Profit Sharing Plan · $46M · 2,091 · 87th

  • VS-ST $46M
  • VS-ST 2,091
  • VS-ST 87th
  • VS-ST 401(k)
  • VS-ST near Tom Wood Group 401(k) Profit Sharing Plan
  • VS-ST ind #8502

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 Construction retirement plans → · Plans in Minnesota →

Summit Companies 401(k) Profit Sharing Plan in the asset neighbourhood

Fuerst Group 401(k) Plan$46MCommunitycare 401(k) Savings PlanCommunitycare 401(k) Savings…$46MBobby Rahal Automotive Group 401(k) PlanBobby Rahal Automotive Group…$46MSummit Companies 401(k) Profit Sharing PlanSummit Companies 401(k) Prof…$46MTom Wood Group 401(k) Profit Sharing PlanTom Wood Group 401(k) Profit…$46M
End-of-year total assets ($M) among Summit Companies 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)$44M
Net Assets (End of Year)$46M
Net Income-$2M
Employer EIN205225425
Plan Effective Date1999-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sfp Holding, Inc.)

Sponsor-wide plan assets over time

All Sfp Holding, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$166M 260.2900511230061% vs 2022
2024 filing year
$0M$50M$100M$150M$200M 202220232024 $46M $166M ▲ +260.3%
Year Plans Participants Total Assets
2022 1 2,091 $46M
2023 1 3,993 $129M
2024 1 4,246 $166M

Nearby 401(k) Plans in Minnesota

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

Summit Companies 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 ($B) Participants Summit Companies 401(k) Profit Sharing Plan, Total assets ($B): 0.046033678 · Participants: 2091Summit Companies 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 Companies 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Summit Companies 401(k) Profit Sharing Plan side-by-side with 3 peers →

Summit Companies 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 Tom Wood Group 401(k) Profit Sharing Plan in IN ($46M); by covered participants it is Ipsos America , Inc 401(k) Plan in CT (2,091 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($46M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,091 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 Companies 401(k) Profit Sharing Plan assets move in 2022? ▼
Summit Companies 401(k) Profit Sharing Plan edged up modestly - up 4.4% during 2022, from $44M to $46M. Reported net income was -$2M.
How have Sfp Holding, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sfp Holding, Inc.'s sponsor-wide assets grew 260.3%, from $46M to $166M.
Where does Summit Companies 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Summit Companies 401(k) Profit Sharing Plan ranks in the 87th 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 Summit Companies 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Tom Wood Group 401(k) Profit Sharing Plan in IN ($46M, 913 participants).
Which 401(k) plans cover a similar participant headcount to Summit Companies 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Ipsos America , Inc 401(k) Plan in CT (2,091 participants, $305M 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 205225425.

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.