401(k) · DOL Form 5500 · 2023

Summit Design and Engineering Services, PLLC 401(k) Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets
422
Participants Below avg headcount
73rd
Percentile by assets National rank
$47,386
Avg per participant Low balance/head
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Official DOL plan name: Summit Design and Engineering Services, PLLC Employees Savings Trust · Sponsored by Summit Design and Engineering Services, PLLC · North Carolina · Professional & Technical Services

$20M in assets, 422 participants

Summit Design and Engineering Services, PLLC's Summit Design and Engineering Services, PLLC Employees Savings Trust reported $20M in total assets and 422 participants in its 2023 DOL Form 5500 filing, ranking in the 73rd 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.

  • #14,715 in Professional & Technical Services (20,321 peers)

Summit Design and Engineering Services, PLLC multi-year trail

Summit Design and Engineering Services, PLLC's plans moved +53.9% in assets from 2022 to 2024; this filing shows Summit Design and Engineering Services, PLLC Employees Savings Trust at $20M / 422 participants.

#14,715
in Professional & Technical Services (20,321 peers)
+27.0%
assets growth YoY

Summit Design and Engineering Services, PLLC Employees Savings Trust's outsized position by total assets

Summit Design and Engineering Services, PLLC Employees Savings Trust vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$19,996,785 Top 27% higher than 73% of 127,068 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 2023

Summit Design and Engineering Services, PLLC Employees Savings Trust among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Summit Design and Engineering Services, PLLC Employees Savings Trust sits mid-pack in the medium band (422 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Summit Design and Engineering Services, PLLC Employees Savings Trust reported net income rose from -$926K in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Summit Design and Engineering Services, PLLC Employees Savings Trust end-of-year assets rose from $16M in the plan year 2022 filing to $20M in the plan year 2023 filing.
  • Summit Design and Engineering Services, PLLC Employees Savings Trust reported participants rose from 380 in the plan year 2022 filing to 422 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 300236228 · Summit Design and Engineering Services, PLLC PY 2023 · 401(k)

Summit Design and Engineering Services, PLLC Employees Savings Trust · $20M · 422 · 73rd

  • SCH $20M
  • EBSA 422
  • PART 73rd
  • TYPE 401(k)
  • NET near Theragenics Corporation Employee Savings Plan
  • BOOK ind #14715

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 North Carolina →

Summit Design and Engineering Services, PLLC Employees Savings Trust in the asset neighbourhood

Summit Design and Engineering Services, PLLC Employees Savings TrustSummit Design and Engineerin…$20MTheragenics Corporation Employee Savings PlanTheragenics Corporation Empl…$20MNational Microrentals, Inc 401(k) PlanNational Microrentals, Inc 4…$20MWhitco Supply, LLC 401(k) Profit Sharing Plan and TrustWhitco Supply, LLC 401(k) Pr…$20MPinkard Construction Co. Employee Profit-Sharing and 401(k) PlanPinkard Construction Co. Emp…$20M
End-of-year total assets ($M) among Summit Design and Engineering Services, PLLC Employees Savings Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Summit Design and Engineering Services, PLLC multi-year asset trail

Sponsor-wide plan assets over time

All Summit Design and Engineering Services, PLLC plans reported in each filing year

Latest sponsor-wide plan assets
$24M 53.85608091828369% vs 2022
2024 filing year
$10M$15M$20M$25M$30M 202220232024 $15.7M $24.2M ▲ +53.9%
Year Plans Participants Total Assets
2022 1 380 $16M
2023 1 422 $20M
2024 1 427 $24M

Summit Design and Engineering Services, PLLC filing trail (2023)

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$20M
Net Income$4M
Employer EIN300236228
Plan Effective Date2004-04-03
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Carolina

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

Summit Design and Engineering Services, PLLC Employees Savings Trust vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Summit Design and Engineering Services, PLLC Employees Savings Trust, Total assets ($B): 0.019996785 · Participants: 422Summit Design and Engineering Services, PLLC Employees Savings TrustThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings Plan
Summit Design and Engineering Services, PLLC Employees Savings Trust vs. nearby 401(k) plans in North Carolina, assets vs. participants

Summit Design and Engineering Services, PLLC Employees Savings Trust's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Theragenics Corporation Employee Savings Plan in GA ($20M); by covered participants it is Kiel Center 401(k) Plan in MO (422 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (422 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Summit Design and Engineering Services, PLLC Employees Savings Trust assets move in 2023?
Summit Design and Engineering Services, PLLC Employees Savings Trust grew sharply - up 27.0% during 2023, from $16M to $20M. Reported net income was $4M.
How have Summit Design and Engineering Services, PLLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Summit Design and Engineering Services, PLLC's sponsor-wide assets grew 53.9%, from $16M to $24M.
Which 401(k) plans are similar in size to Summit Design and Engineering Services, PLLC Employees Savings Trust?
Among 401(k) plans in other states, the closest by assets is Theragenics Corporation Employee Savings Plan in GA ($20M, 518 participants).
Which 401(k) plans cover a similar participant headcount to Summit Design and Engineering Services, PLLC Employees Savings Trust?
Among 401(k) plans in other states, the closest by covered participants is Kiel Center 401(k) Plan in MO (422 participants, $21M in assets).