401(k) · DOL Form 5500 · 2023

The Summit Center Inc. 401(k) Plan

Data updated 2026-08-25

$29M
Total assets Below avg plan size
375
Participants Below avg headcount
79th
Percentile by assets National rank
$76,978
Avg per participant Below avg balance/head
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Official DOL plan name: The Summit Center 401(k) Plan · Sponsored by The Summit Center Inc. · New York · Educational Services

$29M in assets, 375 participants

The Summit Center Inc.'s The Summit Center 401(k) Plan reported $29M in total assets and 375 participants in its 2023 DOL Form 5500 filing, ranking in the 79th 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.

  • #2,364 in Educational Services (3,735 peers)

Coverage in New York

The Summit Center 401(k) Plan covers 375 participants in New York, about 47% of the average New York filer (state average ~798 per filing). Assets: $29M.

#2,364
in Educational Services (3,735 peers)
+12.1%
assets growth YoY
0.3×
vs typical plan assets (national mean)

The Summit Center 401(k) Plan's outsized position by total assets

The Summit Center 401(k) Plan vs every filed plan by assets

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

$28,866,632 Top 21% higher than 79% 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

The Summit Center 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Summit Center 401(k) Plan sits mid-pack in the medium band (375 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Summit Center 401(k) Plan reported net income rose from -$5M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • The Summit Center 401(k) Plan end-of-year assets rose from $26M in the plan year 2022 filing to $29M in the plan year 2023 filing.
  • The Summit Center 401(k) Plan reported participants fell from 384 in the plan year 2022 filing to 375 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 161095750 · The Summit Center Inc. PY 2023 · 401(k)

The Summit Center 401(k) Plan · $29M · 375 · 79th

  • TYPE $29M
  • TYPE 375
  • TYPE 79th
  • TYPE 401(k)
  • TYPE near Dialpad 401(k) Plan
  • TYPE ind #2364

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 Educational Services retirement plans → · Plans in New York →

The Summit Center 401(k) Plan in the asset neighbourhood

The Summit Center 401(k) Plan$29MDialpad 401(k) Plan$29MGuaranty Bank & Trust of Belzoni, Ms 401(k) PlanGuaranty Bank & Trust of Bel…$29MAdvertisers Press, Inc. 401(k) Savings PlanAdvertisers Press, Inc. 401(…$29MJim's Formal Wear LLC 401(k) Profit Sharing PlanJim's Formal Wear LLC 401(k)…$29M
End-of-year total assets ($M) among The Summit Center 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$29M
Net Income$3M
Employer EIN161095750
Plan Effective Date1992-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Summit Center Inc.)

Sponsor-wide plan assets over time

All The Summit Center Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$33M 26.251399743526477% vs 2022
2024 filing year
$25M$30M$35M 202220232024 $25.8M $32.5M ▲ +26.3%
Year Plans Participants Total Assets
2022 1 384 $26M
2023 1 375 $29M
2024 1 467 $33M

Nearby 401(k) Plans in New York

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

The Summit Center 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants The Summit Center 401(k) Plan, Total assets ($B): 0.028866632 · Participants: 375The Summit Center 401(k) PlanIBM 401 (K) Plus Plan, Total assets ($B): 57.428456306 · Participants: 54912IBM 401 (K) Plus PlanPfizer Savings Plan, Total assets ($B): 19.56134085 · Participants: 30033Pfizer Savings PlanMorgan Stanley 401(k) Plan, Total assets ($B): 19.235068266 · Participants: 55363Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 13.651296 · Participants: 133597The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 11.428659742 · Participants: 24866The Goldman Sachs 401(k) Plan
The Summit Center 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare The Summit Center 401(k) Plan side-by-side with 3 peers →

The Summit Center 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Dialpad 401(k) Plan in CA ($29M); by covered participants it is Schneider Mills Employees' Trust in NC (375 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($29M here).

Similar participant headcount

Nearest other-state filings by covered participants (375 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 The Summit Center 401(k) Plan assets move in 2023? ▼
The Summit Center 401(k) Plan grew at a solid clip - up 12.1% during 2023, from $26M to $29M. Reported net income was $3M.
How have The Summit Center Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Summit Center Inc.'s sponsor-wide assets grew 26.3%, from $26M to $33M.
Where does The Summit Center 401(k) Plan rank by assets among Form 5500 filers? ▼
The Summit Center 401(k) Plan ranks in the 79th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to The Summit Center 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Dialpad 401(k) Plan in CA ($29M, 498 participants).
Which 401(k) plans cover a similar participant headcount to The Summit Center 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Schneider Mills Employees' Trust in NC (375 participants, $15M 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 161095750.

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.