401(k) · DOL Form 5500 · 2023

Autosales, Inc. Dba Summit Racing Equipment 401(k) Plan

Data updated 2026-08-25

$214M
Total assets Near avg plan size
1,886
Participants Near avg headcount
95th
Percentile by assets National rank
$113,216
Avg per participant Below avg balance/head
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Official DOL plan name: Summit Racing Equipment Retirement Plan · Sponsored by Autosales, Inc. Dba Summit Racing Equipment · Ohio · Retail Trade

$214M in assets, 1,886 participants

Autosales, Inc. Dba Summit Racing Equipment's Summit Racing Equipment Retirement Plan reported $214M in total assets and 1,886 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • #8,177 in Retail Trade (8,414 peers)

Coverage in Ohio

Summit Racing Equipment Retirement Plan covers 1,886 participants in Ohio, 2.5x the typical Ohio plan (state average ~765 per filing). Assets: $214M.

#8,177
in Retail Trade (8,414 peers)
+26.9%
assets growth YoY
2.1×
vs typical plan assets (national mean)

Summit Racing Equipment Retirement Plan's outsized position by total assets

Summit Racing Equipment Retirement Plan vs every filed plan by assets

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

$213,524,508 Top 5% higher than 95% 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 Racing Equipment Retirement 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 Racing Equipment Retirement Plan lands in the large band (1,886 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Summit Racing Equipment Retirement Plan reported net income rose from -$34M in the plan year 2022 filing to $45M in the plan year 2023 filing.
  • Summit Racing Equipment Retirement Plan end-of-year assets rose from $168M in the plan year 2022 filing to $214M in the plan year 2023 filing.
  • Summit Racing Equipment Retirement Plan reported participants rose from 1,783 in the plan year 2022 filing to 1,886 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 341117102 · Autosales, Inc. Dba Summit Racing Equipment PY 2023 · 401(k)

Summit Racing Equipment Retirement Plan · $214M · 1,886 · 95th

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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 Retail Trade retirement plans → · Plans in Ohio →

Summit Racing Equipment Retirement Plan in the asset neighbourhood

Gatx Corporation Salaried Employees Retirement Savings PlanGatx Corporation Salaried Em…$214MKendall Electric, Inc. Profit Sharing PlanKendall Electric, Inc. Profi…$214MSummit Racing Equipment Retirement PlanSummit Racing Equipment Reti…$214MAffordable Care, LLC Multiple Employer 401(k) PlanAffordable Care, LLC Multipl…$214MAgropur Inc. 401(k) Retirement Savings PlanAgropur Inc. 401(k) Retireme…$213M
End-of-year total assets ($M) among Summit Racing Equipment Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$168M
Net Assets (End of Year)$214M
Net Income$45M
Employer EIN341117102
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Autosales, Inc. Dba Summit Racing Equipment)

Sponsor-wide plan assets over time

All Autosales, Inc. Dba Summit Racing Equipment plans reported in each filing year

Latest sponsor-wide plan assets
$250M 48.60909431221789% vs 2022
2024 filing year
$150M$200M$250M$300M 202220232024 $168M $250M ▲ +48.6%
Year Plans Participants Total Assets
2022 1 1,783 $168M
2023 1 1,886 $214M
2024 1 1,857 $250M

Nearby 401(k) Plans in Ohio

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

Summit Racing Equipment Retirement Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Summit Racing Equipment Retirement Plan, Total assets ($B): 0.213524508 · Participants: 1886Summit Racing Equipment Retirement PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
Summit Racing Equipment Retirement Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Summit Racing Equipment Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Affordable Care, LLC Multiple Employer 401(k) Plan in NC ($214M); by covered participants it is Ki 401(k) Savings Plan in WI (1,886 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,886 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 Racing Equipment Retirement Plan assets move in 2023? ▼
Summit Racing Equipment Retirement Plan grew sharply - up 26.9% during 2023, from $168M to $214M. Reported net income was $45M.
How have Autosales, Inc. Dba Summit Racing Equipment plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Autosales, Inc. Dba Summit Racing Equipment's sponsor-wide assets grew 48.6%, from $168M to $250M.
Where does Summit Racing Equipment Retirement Plan rank by assets among Form 5500 filers? ▼
Summit Racing Equipment Retirement Plan ranks in the 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Summit Racing Equipment Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Affordable Care, LLC Multiple Employer 401(k) Plan in NC ($214M, 2,393 participants).
Which 401(k) plans cover a similar participant headcount to Summit Racing Equipment Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Ki 401(k) Savings Plan in WI (1,886 participants, $269M in assets).