401(k) · DOL Form 5500 · 2023

Sfp Holding, Inc. 401(k) Plan

Data updated 2026-08-25

$129M
Total assets Near avg plan size
3,993
Participants Above avg headcount
93rd
Percentile by assets National rank
$32,377
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Summit Companies 401(k) Profit Sharing Plan · Sponsored by Sfp Holding, Inc. · Minnesota · Construction

$129M in assets, 3,993 participants

Sfp Holding, Inc.'s Summit Companies 401(k) Profit Sharing Plan reported $129M in total assets and 3,993 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • #8,244 in Construction (9,030 peers)

Coverage in Minnesota

Summit Companies 401(k) Profit Sharing Plan covers 3,993 participants in Minnesota, 3.5x the typical Minnesota plan (state average ~1,126 per filing). Assets: $129M.

#8,244
in Construction (9,030 peers)
+180.8%
assets growth YoY
1.3×
vs typical plan assets (national mean)

Summit Companies 401(k) Profit Sharing Plan's outsized position by total assets

Summit Companies 401(k) Profit Sharing Plan vs every filed plan by assets

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

$129,280,571 Top 7% higher than 93% 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 Companies 401(k) Profit Sharing 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 Companies 401(k) Profit Sharing Plan lands in the large band (3,993 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Summit Companies 401(k) Profit Sharing Plan reported net income rose from -$2M in the plan year 2022 filing to $35M in the plan year 2023 filing.
  • Summit Companies 401(k) Profit Sharing Plan end-of-year assets rose from $46M in the plan year 2022 filing to $129M in the plan year 2023 filing.
  • Summit Companies 401(k) Profit Sharing Plan reported participants rose from 2,091 in the plan year 2022 filing to 3,993 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 205225425 · Sfp Holding, Inc. PY 2023 · 401(k)

Summit Companies 401(k) Profit Sharing Plan · $129M · 3,993 · 93rd

  • VS-ST $129M
  • BOY 3,993
  • SCH 93rd
  • EBSA 401(k)
  • PART near Chan Zuckerberg Initiative, LLC Retirement Plan
  • TYPE ind #8244

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 Construction retirement plans → · Plans in Minnesota →

Summit Companies 401(k) Profit Sharing Plan in the asset neighbourhood

Petvet Care Centers Management, LLC Retirement Savings PlanPetvet Care Centers Manageme…$129MChan Zuckerberg Initiative, LLC Retirement PlanChan Zuckerberg Initiative, …$129MAmplify Education, Inc. 401(k) PlanAmplify Education, Inc. 401(…$129MSummit Companies 401(k) Profit Sharing PlanSummit Companies 401(k) Prof…$129MCaptive-Aire Systems, Inc. 401(k) PlanCaptive-Aire Systems, Inc. 4…$129M
End-of-year total assets ($M) among Summit Companies 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$46M
Net Assets (End of Year)$129M
Net Income$35M
Employer EIN205225425
Plan Effective Date1999-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sfp Holding, Inc.)

Sponsor-wide plan assets over time

All Sfp Holding, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$166M 260.2900511230061% vs 2022
2024 filing year
$0M$50M$100M$150M$200M 202220232024 $46M $166M ▲ +260.3%
Year Plans Participants Total Assets
2022 1 2,091 $46M
2023 1 3,993 $129M
2024 1 4,246 $166M

Nearby 401(k) Plans in Minnesota

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

Summit Companies 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Summit Companies 401(k) Profit Sharing Plan, Total assets ($B): 0.129280571 · Participants: 3993Summit Companies 401(k) Profit Sharing PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Summit Companies 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Summit Companies 401(k) Profit Sharing Plan side-by-side with 3 peers →

Summit Companies 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Chan Zuckerberg Initiative, LLC Retirement Plan in CA ($129M); by covered participants it is Infineon Technologies Savings Plan in CA (3,991 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($129M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,993 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 Companies 401(k) Profit Sharing Plan assets move in 2023? ▼
Summit Companies 401(k) Profit Sharing Plan surged - up 180.8% during 2023, from $46M to $129M. Reported net income was $35M.
How have Sfp Holding, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sfp Holding, Inc.'s sponsor-wide assets grew 260.3%, from $46M to $166M.
Where does Summit Companies 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Summit Companies 401(k) Profit Sharing Plan ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Summit Companies 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Chan Zuckerberg Initiative, LLC Retirement Plan in CA ($129M, 594 participants).
Which 401(k) plans cover a similar participant headcount to Summit Companies 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Infineon Technologies Savings Plan in CA (3,991 participants, $1.5B 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 205225425.

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.