ESOP · DOL Form 5500 · 2023
Summit Body & Equipment Inc. ESOP
Data updated 2026-08-11
- $21M
- Total assets
- 20
- Participants
- 74th
- Percentile by assets
- $1.1M
- Avg per participant
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.
- 74th percentile by assets (of 127,072 plans)
- #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.
- $21M
- total plan assets (2023 EOY)
- 20
- covered participants
- 74th
- percentile by assets (of 127,072 plans)
- $1.1M
- avg assets per participant
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.
Summit Body & Equipment Inc. across 3 plan years on file
Across the 3 plan years Summit Body & Equipment Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $15M to $24M, a gain of 57.4%, while reported participants moved from 25 to 28 (+12.0%). Peak year by sponsor assets: 2024 ($24M); trough: 2022 ($15M).
Summit Body & Equipment Inc. multi-year asset trail
| 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 EIN | 931044551 |
| Plan Effective Date | 2014-01-01 |
| Filing Status | FILING 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
- Schweitzer Engineering Laboratories, Inc. Employee Stock Ownership Plan $3.0B · 3,694
- Triple B Corporation Employee Stock Ownership Plan $278M · 1,123
- Manson Construction Co. Non-Craft Employee Stock Ownership Plan $183M · 310
- Parametrix, Inc. Employee Stock Ownership Plan $140M · 570
- The Plexsys Interface Products, Inc. Employee Stock Ownership Plan $114M · 183
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Summit Body & Equipment, Inc. Employee Stock Ownership Plan and Trust by total assets, not by location.
Frequently Asked Questions
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Multi-year trail
Ways to act on Summit Body & Equipment, Inc. Employee Stock Ownership Plan and Trust's numbers.
- By total assets, Summit Body & Equipment, Inc. Employee Stock Ownership Plan and Trust ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Washington. Compare plans
- Summit Body & Equipment Inc.'s sponsor-wide assets have grown 57.4% since 2022 across 3 plan years on file. More Manufacturing plans