ESOP · DOL Form 5500 · 2023

Summit Companies Holdings, Inc. ESOP

Data updated 2026-08-25

$368M
Total assets Above avg plan size
233
Participants Below avg headcount
97th
Percentile by assets National rank
$1.6M
Avg per participant High balance/head
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Official DOL plan name: Summit Companies Holdings, Inc. Employee Stock Ownership Plan · Sponsored by Summit Companies Holdings, Inc. · Florida · Construction

$368M in assets, 233 participants

Summit Companies Holdings, Inc.'s Summit Companies Holdings, Inc. Employee Stock Ownership Plan reported $368M in total assets and 233 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • #8,681 in Construction (9,030 peers)

Coverage in Florida

Summit Companies Holdings, Inc. Employee Stock Ownership Plan covers 233 participants in Florida, about 37% of the average Florida filer (state average ~628 per filing). Assets: $368M.

#8,681
in Construction (9,030 peers)
+243.4%
assets growth YoY
3.7×
vs typical plan assets (national mean)

Summit Companies Holdings, Inc. Employee Stock Ownership Plan's outsized position by total assets

Summit Companies Holdings, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$367,604,547 Top 3% higher than 97% 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 Holdings, Inc. Employee Stock Ownership 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. Summit Companies Holdings, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (233 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Summit Companies Holdings, Inc. Employee Stock Ownership Plan end-of-year assets rose from $107M in the plan year 2022 filing to $368M in the plan year 2023 filing.
  • Summit Companies Holdings, Inc. Employee Stock Ownership Plan reported net income rose from $91M in the plan year 2022 filing to $265M in the plan year 2023 filing.
  • Summit Companies Holdings, Inc. Employee Stock Ownership Plan reported participants rose from 225 in the plan year 2022 filing to 233 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 873001353 · Summit Companies Holdings, Inc. PY 2023 · ESOP

Summit Companies Holdings, Inc. Employee Stock Ownership Plan · $368M · 233 · 97th

  • BOOK $368M
  • VS-ST 233
  • BOY 97th
  • SCH ESOP
  • EBSA near Allied Mineral Products Employee Stock Ownership Plan
  • PART ind #8681

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 What is an ESOP? → · Plans in Florida →

Summit Companies Holdings, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Allied Mineral Products Employee Stock Ownership PlanAllied Mineral Products Empl…$368MSummit Companies Holdings, Inc. Employee Stock Ownership PlanSummit Companies Holdings, I…$368MBrent Scarbrough & Company Employee Stock Ownership PlanBrent Scarbrough & Company E…$367MUrschel Laboratories Employee Stock Ownership PlanUrschel Laboratories Employe…$366MNibco Inc. Employee Stock Ownership PlanNibco Inc. Employee Stock Ow…$365M
End-of-year total assets ($M) among Summit Companies Holdings, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Florida filing particulars

Total Assets (Beginning of Year)$107M
Net Assets (End of Year)$26M
Net Income$265M
Employer EIN873001353
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Summit Companies Holdings, Inc.)

Sponsor-wide plan assets over time

All Summit Companies Holdings, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$754M 604.2097033182288% vs 2022
2024 filing year
$0M$200M$400M$600M$800M$1,000M 202220232024 $107M $754M ▲ +604.2%
Year Plans Participants Total Assets
2022 1 225 $107M
2023 1 233 $368M
2024 1 354 $754M

Nearby ESOP Plans in Florida

Peer ESOP plans, same state, same plan type, ranked by total assets.

Summit Companies Holdings, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Florida, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -5051015 Total assets ($B) Participants Summit Companies Holdings, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.367604547 · Participants: 233Summit Companies Holdings, Inc. Employee Stock Ownership PlanPublix Super Markets, Inc. Employee Stock Ownership Plan & Trust, Total assets ($B): 11.810430673 · Participants: 141229Publix Super Markets, Inc. Employee Stock Ownership Plan & TrustRaymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan, Total assets ($B): 0.836004639 · Participants: 15500Raymond James Financial, Inc. & Affiliates Employee Stock Ownership PlanRsr Employee Stock Ownership Plan, Total assets ($B): 0.390019755 · Participants: 382Rsr Employee Stock Ownership PlanThirty Fifteen Employee Stock Ownership Plan, Total assets ($B): 0.324400117 · Participants: 5365Thirty Fifteen Employee Stock Ownership PlanUnited States Sugar Corporation - ESOP Ownership Plan, Total assets ($B): 0.237405762 · Participants: 732United States Sugar Corporation - ESOP Ownership Plan
Summit Companies Holdings, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Florida, assets vs. participants
Compare Summit Companies Holdings, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Summit Companies Holdings, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Florida, the nearest ESOP by assets is Allied Mineral Products Employee Stock Ownership Plan in OH ($368M); by covered participants it is Markey's Audio/Visual Employee Stock Ownership Plan in IN (233 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (233 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 Holdings, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Summit Companies Holdings, Inc. Employee Stock Ownership Plan surged - up 243.4% during 2023, from $107M to $368M. Reported net income was $265M.
How have Summit Companies Holdings, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Summit Companies Holdings, Inc.'s sponsor-wide assets grew 604.2%, from $107M to $754M.
Where does Summit Companies Holdings, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Summit Companies Holdings, Inc. Employee Stock Ownership Plan ranks in the 97th 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 ESOP plans are similar in size to Summit Companies Holdings, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Allied Mineral Products Employee Stock Ownership Plan in OH ($368M, 591 participants).
Which ESOP plans cover a similar participant headcount to Summit Companies Holdings, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Markey's Audio/Visual Employee Stock Ownership Plan in IN (233 participants, $62M 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 873001353.

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.