401(k) · DOL Form 5500 · 2023

Summit Interconnect, Inc. 401(k) Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
686
Participants Below avg headcount
69th
Percentile by assets National rank
$24,091
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Summit 401(k) Plan · Sponsored by Summit Interconnect, Inc. · California · Manufacturing

$17M in assets, 686 participants

Summit Interconnect, Inc.'s Summit 401(k) Plan reported $17M in total assets and 686 participants in its 2023 DOL Form 5500 filing, ranking in the 69th 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.

  • #10,872 in Manufacturing (18,722 peers)

Summit Interconnect, Inc. multi-year trail

Summit Interconnect, Inc.'s plans moved +137.7% in assets from 2022 to 2024; this filing shows Summit 401(k) Plan at $17M / 686 participants.

#10,872
in Manufacturing (18,722 peers)
+66.1%
assets growth YoY

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

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

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

$16,526,663 Top 31% higher than 69% 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 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. Summit 401(k) Plan sits mid-pack in the medium band (686 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Summit 401(k) Plan reported net income rose from $1M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Summit 401(k) Plan end-of-year assets rose from $10M in the plan year 2022 filing to $17M in the plan year 2023 filing.
  • Summit 401(k) Plan reported participants rose from 614 in the plan year 2022 filing to 686 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 811924376 · Summit Interconnect, Inc. PY 2023 · 401(k)

Summit 401(k) Plan · $17M · 686 · 69th

  • PCT $17M
  • PCT 686
  • PCT 69th
  • PCT 401(k)
  • PCT near Titanium Industries, Inc. 401(k) Profit Sharing Plan
  • PCT ind #10872

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 Manufacturing retirement plans → · Plans in California →

Summit 401(k) Plan in the asset neighbourhood

Summit 401(k) Plan$17MTitanium Industries, Inc. 401(k) Profit Sharing PlanTitanium Industries, Inc. 40…$17MRiesbeck Food Markets, Inc. Profit Sharing 401(k) PlanRiesbeck Food Markets, Inc. …$17MMedical City Dallas Management, Ltd. 401(k) Profit Sharing PlanMedical City Dallas Manageme…$17MBluware 401(k) Plan$17M
End-of-year total assets ($M) among Summit 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Summit Interconnect, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Summit Interconnect, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$24M 137.66150426470944% vs 2022
2024 filing year
$5M$10M$15M$20M$25M$30M 202220232024 $9.95M $23.7M ▲ +137.7%
Year Plans Participants Total Assets
2022 1 614 $10M
2023 1 686 $17M
2024 1 948 $24M

Summit Interconnect, Inc. filing trail (2023)

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$17M
Net Income$7M
Employer EIN811924376
Plan Effective Date1997-03-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in California

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

Summit 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Summit 401(k) Plan, Total assets ($B): 0.016526663 · Participants: 686Summit 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Summit 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Summit 401(k) Plan side-by-side with 3 peers →

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

Outside California, the nearest 401(k) by assets is Titanium Industries, Inc. 401(k) Profit Sharing Plan in NJ ($17M); by covered participants it is Texas Health Flower Mound Employees Savings Trust in TX (686 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (686 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 401(k) Plan assets move in 2023? ▼
Summit 401(k) Plan surged - up 66.1% during 2023, from $10M to $17M. Reported net income was $7M.
How have Summit Interconnect, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Summit Interconnect, Inc.'s sponsor-wide assets grew 137.7%, from $10M to $24M.
Which 401(k) plans are similar in size to Summit 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Titanium Industries, Inc. 401(k) Profit Sharing Plan in NJ ($17M, 155 participants).
Which 401(k) plans cover a similar participant headcount to Summit 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Texas Health Flower Mound Employees Savings Trust in TX (686 participants, N/A 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 811924376.

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.