401(k) · DOL Form 5500 · 2023
Summit Orthopedics, Ltd. 401(k) Plan
Data updated 2026-08-25
- $133M
- Total assets Near avg plan size
- 1,074
- Participants Near avg headcount
- 93rd
- Percentile by assets National rank
- $123,653
- Avg per participant Near avg balance/head
Official DOL plan name: Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan · Sponsored by Summit Orthopedics, Ltd. · Minnesota · Healthcare & Social Assistance
$133M in assets, 1,074 participants
Summit Orthopedics, Ltd.'s Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan reported $133M in total assets and 1,074 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.
- #16,598 in Healthcare & Social Assistance (17,684 peers)
Where Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan sits by assets
Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan sits in the top 10% of all filed plans by assets, $133M for 1,074 participants (~$123,653/participant), up 22.2% in 2023.
- #16,598
- in Healthcare & Social Assistance (17,684 peers)
- +22.2%
- assets growth YoY
- 1.3×
- vs typical plan assets (national mean)
Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan's outsized position by total assets
Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$132,803,781 Top 7% higher than 93% 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 Orthopedics, Ltd. 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 Orthopedics, Ltd. 401(k) Profit Sharing Plan lands in the large band (1,074 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan reported net income rose from -$9M in the plan year 2022 filing to $24M in the plan year 2023 filing.
- Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan end-of-year assets rose from $109M in the plan year 2022 filing to $133M in the plan year 2023 filing.
- Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan reported participants rose from 961 in the plan year 2022 filing to 1,074 in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 411762331 · Summit Orthopedics, Ltd. PY 2023 · 401(k)
Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan · $133M · 1,074 · 93rd
- ASSETS $133M
- PCT 1,074
- EIN 93rd
- RANK 401(k)
- PHOTO near Baupost Group Savings Retirement Plan
- IND ind #16598
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 Healthcare & Social Assistance retirement plans → · Plans in Minnesota →
Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $109M |
|---|---|
| Net Assets (End of Year) | $133M |
| Net Income | $24M |
| Employer EIN | 411762331 |
| Plan Effective Date | 1995-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Summit Orthopedics, Ltd.)
Sponsor-wide plan assets over time
All Summit Orthopedics, Ltd. plans reported in each filing year
- Latest sponsor-wide plan assets
- $153M 41.07008943056466% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 961 | $109M |
| 2023 | 1 | 1,074 | $133M |
| 2024 | 1 | 1,096 | $153M |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Unitedhealth Group 401(k) Savings Plan $22.4B · 198,972
- Target Corporation 401(k) Plan $13.0B · 432,617
- Medtronic Savings and Investment Plan $12.9B · 44,342
- 3M Voluntary Investment Plan and Employee Stock Ownership Plan $12.0B · 36,049
- U.S. Bank 401(k) Savings Plan $10.3B · 75,272
Summit Orthopedics, Ltd. 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 Baupost Group Savings Retirement Plan in MA ($133M); by covered participants it is Atlantic Corporation of Wilmington, Inc. 401(k) Profit Sharing Plan in NC (1,074 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($133M here).
- Baupost Group Savings Retirement Plan (MA) $133M · 261
- Community Health Services of Georgia Profit Sharing Plan (GA) $133M · 4,901
- 8x8, Inc. 401(k) Savings Plan (CA) $133M · 779
- Holston Medical Group Retirement Plan (TN) $133M · 1,081
Similar participant headcount
Nearest other-state filings by covered participants (1,074 participants); asset peers above are excluded.
- Atlantic Corporation of Wilmington, Inc. 401(k) Profit Sharing Plan (NC) 1,074 · 0 off
- Treasure Island 401(k) Plan (NV) 1,074 · 0 off
- Simplisafe 401(k) Plan (MA) 1,074 · 0 off
- Veritext LLC 401(k) Savings Plan (NJ) 1,074 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.