401(k) · DOL Form 5500 · 2023

Summit Credit Union 401(k) Plan

Data updated 2026-08-25

$106M
Total assets Near avg plan size
768
Participants Near avg headcount
92nd
Percentile by assets National rank
$137,694
Avg per participant Near avg balance/head
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Official DOL plan name: Summit Credit Union Capital Accumulation Plan · Sponsored by Summit Credit Union · Wisconsin · Finance & Insurance

$106M in assets, 768 participants

Summit Credit Union's Summit Credit Union Capital Accumulation Plan reported $106M in total assets and 768 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

  • #7,733 in Finance & Insurance (8,869 peers)

Where Summit Credit Union Capital Accumulation Plan sits by assets

Summit Credit Union Capital Accumulation Plan sits in the top 10% of all filed plans by assets, $106M for 768 participants (~$137,694/participant), up 24.8% in 2023.

#7,733
in Finance & Insurance (8,869 peers)
+24.8%
assets growth YoY
1.1×
vs typical plan assets (national mean)

Summit Credit Union Capital Accumulation Plan's outsized position by total assets

Summit Credit Union Capital Accumulation Plan vs every filed plan by assets

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

$105,749,226 Top 8% higher than 92% 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 Credit Union Capital Accumulation Plan 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 Credit Union Capital Accumulation Plan sits mid-pack in the medium band (768 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Summit Credit Union Capital Accumulation Plan reported net income rose from -$12M in the plan year 2022 filing to $21M in the plan year 2023 filing.
  • Summit Credit Union Capital Accumulation Plan end-of-year assets rose from $85M in the plan year 2022 filing to $106M in the plan year 2023 filing.
  • Summit Credit Union Capital Accumulation Plan reported participants rose from 641 in the plan year 2022 filing to 768 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 390230585 · Summit Credit Union PY 2023 · 401(k)

Summit Credit Union Capital Accumulation Plan · $106M · 768 · 92nd

  • PHOTO $106M
  • PHOTO 768
  • PHOTO 92nd
  • PHOTO 401(k)
  • PHOTO near Athens Services 401(k) Profit Sharing Plan
  • PHOTO ind #7733

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 Finance & Insurance retirement plans → · Plans in Wisconsin →

Summit Credit Union Capital Accumulation Plan in the asset neighbourhood

Genesis Alkali, LLC Savings Investment PlanGenesis Alkali, LLC Savings …$106MSummit Credit Union Capital Accumulation PlanSummit Credit Union Capital …$106MAthens Services 401(k) Profit Sharing PlanAthens Services 401(k) Profi…$106MIdeal Industries, Inc. 401(k) PlanIdeal Industries, Inc. 401(k…$106MSave More Retirement Plan and TrustSave More Retirement Plan an…$106M
End-of-year total assets ($M) among Summit Credit Union Capital Accumulation Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$85M
Net Assets (End of Year)$106M
Net Income$21M
Employer EIN390230585
Plan Effective Date1956-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Summit Credit Union)

Sponsor-wide plan assets over time

All Summit Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$140M 41.68867917007935% vs 2022
2024 filing year
$80M$100M$120M$140M$160M 202220232024 $98.5M $140M ▲ +41.7%
Year Plans Participants Total Assets
2022 2 1,269 $98M
2023 2 1,430 $127M
2024 2 1,624 $140M

Nearby 401(k) Plans in Wisconsin

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

Summit Credit Union Capital Accumulation Plan vs. nearby 401(k) plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -20246810 Total assets ($B) Participants Summit Credit Union Capital Accumulation Plan, Total assets ($B): 0.105749226 · Participants: 768Summit Credit Union Capital Accumulation PlanAdvocate Aurora Health 401(k) Plan, Total assets ($B): 9.125723544 · Participants: 76956Advocate Aurora Health 401(k) PlanJohnson Controls Retirement Savings and Investment Plan, Total assets ($B): 6.160116767 · Participants: 28904Johnson Controls Retirement Savings and Investment PlanFiserv 401(k) Savings Plan, Total assets ($B): 4.81171463 · Participants: 25280Fiserv 401(k) Savings PlanKimberly-Clark Corporation 401(k) & Profit Sharing Plan, Total assets ($B): 4.550761 · Participants: 11236Kimberly-Clark Corporation 401(k) & Profit Sharing PlanRockwell Automation Retirement Savings Plan, Total assets ($B): 3.62235882 · Participants: 8877Rockwell Automation Retirement Savings Plan
Summit Credit Union Capital Accumulation Plan vs. nearby 401(k) plans in Wisconsin, assets vs. participants
Compare Summit Credit Union Capital Accumulation Plan side-by-side with 3 peers →

Summit Credit Union Capital Accumulation Plan's out-of-state 401(k) peers by assets and headcount

Outside Wisconsin, the nearest 401(k) by assets is Athens Services 401(k) Profit Sharing Plan in CA ($106M); by covered participants it is Big River Steel 401(k) Plan in PA (768 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($106M here).

Similar participant headcount

Nearest other-state filings by covered participants (768 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 Credit Union Capital Accumulation Plan assets move in 2023? ▼
Summit Credit Union Capital Accumulation Plan grew sharply - up 24.8% during 2023, from $85M to $106M. Reported net income was $21M.
How have Summit Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Summit Credit Union's sponsor-wide assets grew 41.7%, from $98M to $140M.
Where does Summit Credit Union Capital Accumulation Plan rank by assets among Form 5500 filers? ▼
Summit Credit Union Capital Accumulation Plan ranks in the 92nd 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 Credit Union Capital Accumulation Plan? ▼
Among 401(k) plans in other states, the closest by assets is Athens Services 401(k) Profit Sharing Plan in CA ($106M, 1,937 participants).
Which 401(k) plans cover a similar participant headcount to Summit Credit Union Capital Accumulation Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Big River Steel 401(k) Plan in PA (768 participants, $50M 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 390230585.

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.