Profit Sharing · DOL Form 5500 · 2023

Summit Biosciences, Inc. Profit Sharing Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
128
Participants Small participant base
44th
Percentile by assets National rank
$39,187
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

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

$5M in assets, 128 participants

Summit Biosciences, Inc.'s Summit Biosciences 401(k) Plan reported $5M in total assets and 128 participants in its 2023 DOL Form 5500 filing, ranking in the 44th 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.

  • #5,167 in Manufacturing (18,722 peers)

Coverage in Kentucky

Summit Biosciences 401(k) Plan covers 128 participants in Kentucky, about 20% of the average Kentucky filer (state average ~647 per filing). Assets: $5M.

#5,167
in Manufacturing (18,722 peers)
+36.6%
assets growth YoY

Summit Biosciences 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

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

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

$5,015,880 44th percentile higher than 44% 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 Biosciences 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 Biosciences 401(k) Plan sits mid-pack in the medium band (128 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Summit Biosciences 401(k) Plan reported net income rose from $191K in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Summit Biosciences 401(k) Plan end-of-year assets rose from $4M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Summit Biosciences 401(k) Plan reported participants rose from 125 in the plan year 2022 filing to 128 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 271252863 · Summit Biosciences, Inc. PY 2023 · Profit Sharing

Summit Biosciences 401(k) Plan · $5M · 128 · 44th

  • PART $5M
  • TYPE 128
  • NET 44th
  • BOOK Profit Sharing
  • VS-ST near Carey Services, Inc. Employees Retirement Plan
  • BOY ind #5167

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 Kentucky →

Summit Biosciences 401(k) Plan in the asset neighbourhood

Summit Biosciences 401(k) PlanSummit Biosciences 401(k) Pl…$5MCarey Services, Inc. Employees Retirement PlanCarey Services, Inc. Employe…$5MAnthony F. Panza Profit Sharing PlanAnthony F. Panza Profit Shar…$5MDefined Contribution Pension Plan for Hope Community Services, Inc.Defined Contribution Pension…$5MPartners Business Services Retirement Plan PlanPartners Business Services R…$5M
End-of-year total assets ($M) among Summit Biosciences 401(k) Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Kentucky filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$5M
Net Income$1M
Employer EIN271252863
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Summit Biosciences, Inc.)

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$5M 46.31820908054123% vs 2022
2024 filing year
$3M$4M$5M$6M 202220232024 $3.67M $5.37M ▲ +46.3%
Year Plans Participants Total Assets
2022 1 125 $4M
2023 1 128 $5M
2024 2 251 $5M

Nearby Profit Sharing Plans in Kentucky

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

Summit Biosciences 401(k) Plan vs. nearby Profit Sharing plans in Kentucky, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -10123 Total assets ($B) Participants Summit Biosciences 401(k) Plan, Total assets ($B): 0.00501588 · Participants: 128Summit Biosciences 401(k) PlanCommonspirit Health ERISA 403(b) Plan, Total assets ($B): 2.614894735 · Participants: 28336Commonspirit Health ERISA 403(b) PlanIBEW Local 150 Supplemental Pension Fund, Total assets ($B): 0.279364442 · Participants: 1293IBEW Local 150 Supplemental Pension FundCommonwealth Health Corporation Retirement Savings Plan, Total assets ($B): 0.08314617 · Participants: 2989Commonwealth Health Corporation Retirement Savings PlanDismas Charities, Inc. Retirement Plan, Total assets ($B): 0.043440542 · Participants: 540Dismas Charities, Inc. Retirement PlanBall Homes, LLC Retirement Plan, Total assets ($B): 0.037148236 · Participants: 215Ball Homes, LLC Retirement Plan
Summit Biosciences 401(k) Plan vs. nearby Profit Sharing plans in Kentucky, assets vs. participants
Compare Summit Biosciences 401(k) Plan side-by-side with 3 peers →

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

Outside Kentucky, the nearest Profit Sharing by assets is Carey Services, Inc. Employees Retirement Plan in IN ($5M); by covered participants it is The Ceo for the Greater Capital Region, Inc. Profit Sharing Plan and Trust in NY (128 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (128 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 Biosciences 401(k) Plan assets move in 2023? ▼
Summit Biosciences 401(k) Plan surged - up 36.6% during 2023, from $4M to $5M. Reported net income was $1M.
How have Summit Biosciences, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Summit Biosciences, Inc.'s sponsor-wide assets grew 46.3%, from $4M to $5M.
Which Profit Sharing plans are similar in size to Summit Biosciences 401(k) Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Carey Services, Inc. Employees Retirement Plan in IN ($5M, 264 participants).
Which Profit Sharing plans cover a similar participant headcount to Summit Biosciences 401(k) Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is The Ceo for the Greater Capital Region, Inc. Profit Sharing Plan and Trust in NY (128 participants, $5M 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 271252863.

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.