401(k) · DOL Form 5500 · 2023

Summit Utilities, Inc. 401(k) Plan

Data updated 2026-08-25

$80M
Total assets Below avg plan size
1,116
Participants Near avg headcount
90th
Percentile by assets National rank
$71,549
Avg per participant Below avg balance/head
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Official DOL plan name: Summit Utilities, Inc. 401(k) Plan · Sponsored by Summit Utilities, Inc. · Arkansas · Utilities

$80M in assets, 1,116 participants

Summit Utilities, Inc.'s Summit Utilities, Inc. 401(k) Plan reported $80M in total assets and 1,116 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.

  • #430 in Utilities (721 peers)

Coverage in Arkansas

Summit Utilities, Inc. 401(k) Plan covers 1,116 participants in Arkansas, about 40% of the average Arkansas filer (state average ~2,784 per filing). Assets: $80M.

#430
in Utilities (721 peers)
+34.3%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Summit Utilities, Inc. 401(k) Plan's outsized position by total assets

Summit Utilities, Inc. 401(k) Plan vs every filed plan by assets

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

$79,848,286 Top 10% higher than 90% 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 Utilities, Inc. 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Summit Utilities, Inc. 401(k) Plan lands in the large band (1,116 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Summit Utilities, Inc. 401(k) Plan reported participants rose from 316 in the plan year 2022 filing to 1,116 in the plan year 2023 filing.
  • Summit Utilities, Inc. 401(k) Plan end-of-year assets rose from $59M in the plan year 2022 filing to $80M in the plan year 2023 filing.
  • Summit Utilities, Inc. 401(k) Plan reported net income fell from $25M in the plan year 2022 filing to $20M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 200929645 · Summit Utilities, Inc. PY 2023 · 401(k)

Summit Utilities, Inc. 401(k) Plan · $80M · 1,116 · 90th

  • IND $80M
  • IND 1,116
  • IND 90th
  • IND 401(k)
  • IND near Eaglepicher Retirement Savings Plan
  • IND ind #430

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 Utilities retirement plans → · Plans in Arkansas →

Summit Utilities, Inc. 401(k) Plan in the asset neighbourhood

Hearst Television Inc. Union Employee Savings PlanHearst Television Inc. Union…$80MEaglepicher Retirement Savings PlanEaglepicher Retirement Savin…$80MSummit Utilities, Inc. 401(k) PlanSummit Utilities, Inc. 401(k…$80MFirst Business Financial Services 401(k) PlanFirst Business Financial Ser…$80MAutokiniton Union Retirement Savings PlanAutokiniton Union Retirement…$80M
End-of-year total assets ($M) among Summit Utilities, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Arkansas filing particulars

Total Assets (Beginning of Year)$59M
Net Assets (End of Year)$80M
Net Income$20M
Employer EIN200929645
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Summit Utilities, Inc.)

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$100M 68.41718906860162% vs 2022
2024 filing year
$40M$60M$80M$100M$120M 202220232024 $59.5M $100M ▲ +68.4%
Year Plans Participants Total Assets
2022 1 316 $59M
2023 1 1,116 $80M
2024 1 1,325 $100M

Nearby 401(k) Plans in Arkansas

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

Summit Utilities, Inc. 401(k) Plan vs. nearby 401(k) plans in Arkansas, assets vs. participants Scatter plot of 6 data points. -5000000500000100000015000002000000 -1001020304050 Total assets ($B) Participants Summit Utilities, Inc. 401(k) Plan, Total assets ($B): 0.079848286 · Participants: 1116Summit Utilities, Inc. 401(k) PlanWalmart 401(k) Plan, Total assets ($B): 41.538754799 · Participants: 1611202Walmart 401(k) PlanTyson Foods, Inc. Retirement Savings Plan, Total assets ($B): 3.539529752 · Participants: 113806Tyson Foods, Inc. Retirement Savings PlanDillard's, Inc. Investment & Employee Stock Ownership Plan, Total assets ($B): 2.853974665 · Participants: 30034Dillard's, Inc. Investment & Employee Stock Ownership PlanJ.B. Hunt Transport Services, Inc. Employee Retirement Plan, Total assets ($B): 1.318138116 · Participants: 39077J.B. Hunt Transport Services, Inc. Employee Retirement PlanWindstream 401(k) Plan, Total assets ($B): 1.230072939 · Participants: 10991Windstream 401(k) Plan
Summit Utilities, Inc. 401(k) Plan vs. nearby 401(k) plans in Arkansas, assets vs. participants
Compare Summit Utilities, Inc. 401(k) Plan side-by-side with 3 peers →

Summit Utilities, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Arkansas, the nearest 401(k) by assets is Eaglepicher Retirement Savings Plan in MO ($80M); by covered participants it is 1st Source Corporation Employee Stock Ownership and Profit Sharing Plan in IN (1,116 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,116 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 Utilities, Inc. 401(k) Plan assets move in 2023? ▼
Summit Utilities, Inc. 401(k) Plan surged - up 34.3% during 2023, from $59M to $80M. Reported net income was $20M.
How have Summit Utilities, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Summit Utilities, Inc.'s sponsor-wide assets grew 68.4%, from $59M to $100M.
Where does Summit Utilities, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Summit Utilities, Inc. 401(k) Plan ranks in the 90th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Summit Utilities, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Eaglepicher Retirement Savings Plan in MO ($80M, 845 participants).
Which 401(k) plans cover a similar participant headcount to Summit Utilities, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is 1st Source Corporation Employee Stock Ownership and Profit Sharing Plan in IN (1,116 participants, $237M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 200929645.

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.