401(k) · DOL Form 5500 · 2023

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

Data updated 2026-08-11

$214M
Total assets: 1,886
Participants: 95th
Percentile by assets: $113,216
Avg per participant

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.

95th percentile by assets (of 127,072 plans)
#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.

$214M
total plan assets (2023 EOY): 1,886
covered participants: 95th
percentile by assets (of 127,072 plans): $113,216
avg assets per participant

Where Summit Racing Equipment Retirement Plan sits 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

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 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 →

State

Ohio

Industry

Retail Trade

Participants vs Ohio filers

In Ohio, the average filing covers about 765 participants across 5,089 plans. Summit Racing Equipment Retirement Plan reports 1,886 participants - 2.5x that state average ($214M EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)	$168M
Net Assets (End of Year)	$214M
Net Income	$45M
Employer EIN	341117102
Plan Effective Date	1987-01-01
Filing Status	FILING RECEIVED

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

Total plan assets by year, all Autosales, Inc. Dba Summit Racing Equipment plans on file

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

GE Retirement Savings Plan $19.5B · 59,766
The Sherwin-Williams Company 401(k) Plan $10.1B · 47,362
The Progressive 401(k) Plan $9.2B · 56,176
The Kroger Co. 401(k) Retirement Savings Account Plan $8.4B · 129,769
Nationwide Savings Plan $7.6B · 24,715

Compare Summit Racing Equipment Retirement Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Summit Racing Equipment Retirement Plan by total assets, not by location.

Affordable Care, LLC Multiple Employer 401(k) Plan (NC) $214M · 2,393
Kendall Electric, Inc. Profit Sharing Plan (MI) $214M · 1,541
Agropur Inc. 401(k) Retirement Savings Plan (WI) $213M · 2,194
Gatx Corporation Salaried Employees Retirement Savings Plan (IL) $214M · 616

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).

Next read for Summit Racing Equipment Retirement Plan

Filing takeaways

Ways to act on Summit Racing Equipment Retirement Plan's numbers.

By total assets, Summit Racing Equipment Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Ohio. Compare plans
Autosales, Inc. Dba Summit Racing Equipment's sponsor-wide assets have grown 48.6% since 2022 across 3 plan years on file. More Retail Trade plans

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 341117102.