401(k) · DOL Form 5500 · 2023

Summit Materials LLC 401(k) Plan

Data updated 2026-08-11

$302M
Total assets
4,622
Participants
96th
Percentile by assets
$65,359
Avg per participant
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Official DOL plan name: Summit Materials 401(k) Retirement Plan · Sponsored by Summit Materials LLC · Colorado · Construction

$302M in assets, 4,622 participants

Summit Materials LLC's Summit Materials 401(k) Retirement Plan reported $302M in total assets and 4,622 participants in its 2023 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 127,072 plans)
  • #8,619 in Construction (9,030 peers)

Coverage in Colorado

Summit Materials 401(k) Retirement Plan covers 4,622 participants in Colorado, 12x the typical Colorado plan (state average ~376 per filing). Assets: $302M.

$302M
total plan assets (2023 EOY)
4,622
covered participants
96th
percentile by assets (of 127,072 plans)
$65,359
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Summit Materials 401(k) Retirement Plan reported net income rose from -$69M in the plan year 2022 filing to $40M in the plan year 2023 filing.
  • Summit Materials 401(k) Retirement Plan reported participants fell from 6,144 in the plan year 2022 filing to 4,622 in the plan year 2023 filing.
  • Summit Materials 401(k) Retirement Plan end-of-year assets rose from $255M in the plan year 2022 filing to $302M in the plan year 2023 filing.

See the national 2022→2023 release diff →

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 4,622 participants - 12x that state average ($302M EOY assets).

Colorado filing particulars

Total Assets (Beginning of Year)$255M
Net Assets (End of Year)$302M
Net Income$40M
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. 020000400006000080000 01234 Total assets ($B) Participants Summit Materials 401…Davita Retirement Sa…Ball Corporation 401…Empower Retirement, …Woodward Retirement …Arcadis U.S., Inc. R…
Summit Materials 401(k) Retirement Plan vs. nearby 401(k) plans in Colorado, assets vs. participants

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 2023?
Summit Materials 401(k) Retirement Plan grew sharply - up 18.4% during 2023, from $255M to $302M. Reported net income was $40M.
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 127,072 plans that reported assets for plan year 2023 (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 Cma Cgm (America) LLC 401(k) Plan in VA ($302M, 1,540 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