ESOP · DOL Form 5500 · 2023

Summit Body & Equipment Inc. ESOP

Data updated 2026-08-25

$21M
Total assets Small plan by assets
20
Participants Small participant base
74th
Percentile by assets National rank
$1.1M
Avg per participant High balance/head
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Official DOL plan name: Summit Body & Equipment, Inc. Employee Stock Ownership Plan and Trust · Sponsored by Summit Body & Equipment Inc. · Washington · Manufacturing

$21M in assets, 20 participants

Summit Body & Equipment Inc.'s Summit Body & Equipment, Inc. Employee Stock Ownership Plan and Trust reported $21M in total assets and 20 participants in its 2023 DOL Form 5500 filing, ranking in the 74th 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.

  • #11,923 in Manufacturing (18,722 peers)

Summit Body & Equipment Inc. multi-year trail

Summit Body & Equipment Inc.'s plans moved +57.4% in assets from 2022 to 2024; this filing shows Summit Body & Equipment, Inc. Employee Stock Ownership Plan and Trust at $21M / 20 participants.

#11,923
in Manufacturing (18,722 peers)
+40.6%
assets growth YoY

Summit Body & Equipment, Inc. Employee Stock Ownership Plan and Trust's outsized position by total assets

Summit Body & Equipment, Inc. Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$21,090,000 Top 26% higher than 74% 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 Body & Equipment, Inc. Employee Stock Ownership 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 Body & Equipment, Inc. Employee Stock Ownership Plan and Trust is a small filing (20 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Summit Body & Equipment, Inc. Employee Stock Ownership Plan and Trust reported net income rose from $482K in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Summit Body & Equipment, Inc. Employee Stock Ownership Plan and Trust end-of-year assets rose from $15M in the plan year 2022 filing to $21M in the plan year 2023 filing.
  • Summit Body & Equipment, Inc. Employee Stock Ownership Plan and Trust reported participants fell from 25 in the plan year 2022 filing to 20 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 931044551 · Summit Body & Equipment Inc. PY 2023 · ESOP

Summit Body & Equipment, Inc. Employee Stock Ownership Plan and Trust · $21M · 20 · 74th

  • VS-ST $21M
  • BOY 20
  • SCH 74th
  • EBSA ESOP
  • PART near Pace Properties Employee Stock Ownership Plan
  • TYPE ind #11923

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 What is an ESOP? → · Plans in Washington →

Summit Body & Equipment, Inc. Employee Stock Ownership Plan and Trust in the asset neighbourhood

Jifco, Inc. Employee Stock Ownership PlanJifco, Inc. Employee Stock O…$21MSummit Body & Equipment, Inc. Employee Stock Ownership Plan and TrustSummit Body & Equipment, Inc…$21MPace Properties Employee Stock Ownership PlanPace Properties Employee Sto…$21MAutomated Conveyor Systems, Inc. Employee Stock Ownership PlanAutomated Conveyor Systems, …$21MThe Severn Group Employee Stock Ownership PlanThe Severn Group Employee St…$21M
End-of-year total assets ($M) among Summit Body & Equipment, Inc. Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Summit Body & Equipment Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Summit Body & Equipment Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$24M 57.4% vs 2022
2024 filing year
$10M$15M$20M$25M 202220232024 $15M $23.6M ▲ +57.4%
Year Plans Participants Total Assets
2022 1 25 $15M
2023 1 20 $21M
2024 1 28 $24M

Summit Body & Equipment Inc. filing trail (2023)

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$20M
Net Income$6M
Employer EIN931044551
Plan Effective Date2014-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Washington

Peer ESOP plans, same state, same plan type, ranked by total assets.

Summit Body & Equipment, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Washington, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 -101234 Total assets ($B) Participants Summit Body & Equipment, Inc. Employee Stock Ownership Plan and Trust, Total assets ($B): 0.02109 · Participants: 20Summit Body & Equipment, Inc. Employee Stock Ownership Plan and TrustSchweitzer Engineering Laboratories, Inc. Employee Stock Ownership Plan, Total assets ($B): 2.966454558 · Participants: 3694Schweitzer Engineering Laboratories, Inc. Employee Stock Ownership PlanTriple B Corporation Employee Stock Ownership Plan, Total assets ($B): 0.2780946 · Participants: 1123Triple B Corporation Employee Stock Ownership PlanManson Construction Co. Non-Craft Employee Stock Ownership Plan, Total assets ($B): 0.183263152 · Participants: 310Manson Construction Co. Non-Craft Employee Stock Ownership PlanParametrix, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.140162337 · Participants: 570Parametrix, Inc. Employee Stock Ownership PlanThe Plexsys Interface Products, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.114343989 · Participants: 183The Plexsys Interface Products, Inc. Employee Stock Ownership Plan
Summit Body & Equipment, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Washington, assets vs. participants
Compare Summit Body & Equipment, Inc. Employee Stock Ownership Plan and Trust side-by-side with 3 peers →

Summit Body & Equipment, Inc. Employee Stock Ownership Plan and Trust's out-of-state ESOP peers by assets and headcount

Outside Washington, the nearest ESOP by assets is Pace Properties Employee Stock Ownership Plan in MO ($21M); by covered participants it is Shawver Well Company Employee Stock Ownership Plan in IA (20 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (20 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 Body & Equipment, Inc. Employee Stock Ownership Plan and Trust assets move in 2023? ▼
Summit Body & Equipment, Inc. Employee Stock Ownership Plan and Trust surged - up 40.6% during 2023, from $15M to $21M. Reported net income was $6M.
How have Summit Body & Equipment Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Summit Body & Equipment Inc.'s sponsor-wide assets grew 57.4%, from $15M to $24M.
Which ESOP plans are similar in size to Summit Body & Equipment, Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by assets is Pace Properties Employee Stock Ownership Plan in MO ($21M, 63 participants).
Which ESOP plans cover a similar participant headcount to Summit Body & Equipment, Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by covered participants is Shawver Well Company Employee Stock Ownership Plan in IA (20 participants, $5M 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 931044551.

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.