401(k) · DOL Form 5500 · 2023

Summit Construction, Inc. 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
82
Participants Small participant base
36th
Percentile by assets National rank
$38,492
Avg per participant Low balance/head
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Official DOL plan name: Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust · Sponsored by Summit Construction, Inc. · Maryland · Construction

$3M in assets, 82 participants

Summit Construction, Inc.'s Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust reported $3M in total assets and 82 participants in its 2023 DOL Form 5500 filing, ranking in the 36th 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.

  • #3,118 in Construction (9,030 peers)

Summit Construction, Inc. multi-year trail

Summit Construction, Inc.'s plans moved +30.8% in assets from 2022 to 2024; this filing shows Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust at $3M / 82 participants.

#3,118
in Construction (9,030 peers)
+14.9%
assets growth YoY

Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust's mid-pack asset rank among Construction and all filers

Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust vs every filed plan by assets

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

$3,156,357 36th percentile higher than 36% 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 Construction, Inc. 401(k) Profit Sharing Plan and Trust among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust is a small filing (82 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust reported net income rose from -$432K in the plan year 2022 filing to $409K in the plan year 2023 filing.
  • Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust end-of-year assets rose from $3M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust reported participants fell from 86 in the plan year 2022 filing to 82 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 521681582 · Summit Construction, Inc. PY 2023 · 401(k)

Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust · $3M · 82 · 36th

  • BOOK $3M
  • VS-ST 82
  • BOY 36th
  • SCH 401(k)
  • EBSA near Jr & Co., Inc. Employees Savings Trust
  • PART ind #3118

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 Maryland →

Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust in the asset neighbourhood

Summit Construction, Inc. 401(k) Profit Sharing Plan and TrustSummit Construction, Inc. 40…$3MJr & Co., Inc. Employees Savings TrustJr & Co., Inc. Employees Sav…$3MRed Bank Volvo, Inc. 401(k) PlanRed Bank Volvo, Inc. 401(k) …$3MChallenge Financial Services, Inc. 401(k) Profit Sharing PlanChallenge Financial Services…$3MWestern Water Features, Inc. 401(k) Retirement PlanWestern Water Features, Inc.…$3M
End-of-year total assets ($M) among Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Summit Construction, Inc. multi-year asset trail

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$4M 30.762498744046052% vs 2022
2024 filing year
$2.5M$3M$3.5M$4M 202220232024 $2.75M $3.59M ▲ +30.5%
Year Plans Participants Total Assets
2022 1 86 $3M
2023 1 82 $3M
2024 1 85 $4M

Summit Construction, Inc. filing trail (2023)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income$409K
Employer EIN521681582
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Maryland

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

Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust, Total assets ($B): 0.003156357 · Participants: 82Summit Construction, Inc. 401(k) Profit Sharing Plan and TrustLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 47.273019756 · Participants: 91511Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 10.20606962 · Participants: 96415Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 4.357344903 · Participants: 6292T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 3.951576315 · Participants: 2767Nfl Player Second Career Savings PlanSodexo 401 (K) Employees' Retirement Savings Plan and Trust, Total assets ($B): 2.217483854 · Participants: 80121Sodexo 401 (K) Employees' Retirement Savings Plan and Trust
Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Maryland, assets vs. participants
Compare Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust side-by-side with 3 peers →

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

Outside Maryland, the nearest 401(k) by assets is Jr & Co., Inc. Employees Savings Trust in MO ($3M); by covered participants it is Sbera 401(k) Plan as Adopted by Northeast Retirement Services LLC in MA (82 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (82 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 Construction, Inc. 401(k) Profit Sharing Plan and Trust assets move in 2023? ▼
Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust grew at a solid clip - up 14.9% during 2023, from $3M to $3M. Reported net income was $409K.
How have Summit Construction, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Summit Construction, Inc.'s sponsor-wide assets grew 30.8%, from $3M to $4M.
Which 401(k) plans are similar in size to Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Jr & Co., Inc. Employees Savings Trust in MO ($3M, 57 participants).
Which 401(k) plans cover a similar participant headcount to Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Sbera 401(k) Plan as Adopted by Northeast Retirement Services LLC in MA (82 participants, $21M 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 521681582.

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.