401(k) · DOL Form 5500 · 2023

Summit Healthcare Management LLC 401(k) Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
3,638
Participants Above avg headcount
67th
Percentile by assets National rank
$4,180
Avg per participant Low balance/head
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Official DOL plan name: Summit Healthcare Management LLC · Sponsored by Summit Healthcare Management LLC · Tennessee · Healthcare & Social Assistance

$15M in assets, 3,638 participants

Summit Healthcare Management LLC's Summit Healthcare Management LLC reported $15M in total assets and 3,638 participants in its 2023 DOL Form 5500 filing, ranking in the 67th 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.

  • #12,810 in Healthcare & Social Assistance (17,684 peers)

Coverage in Tennessee

Summit Healthcare Management LLC covers 3,638 participants in Tennessee, 3.2x the typical Tennessee plan (state average ~1,126 per filing). Assets: $15M.

#12,810
in Healthcare & Social Assistance (17,684 peers)
+63.8%
assets growth YoY

Summit Healthcare Management LLC's outsized position by total assets

Summit Healthcare Management LLC vs every filed plan by assets

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

$15,208,084 Top 33% higher than 67% 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 Healthcare Management LLC'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 Healthcare Management LLC lands in the large band (3,638 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Summit Healthcare Management LLC reported net income rose from $2M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Summit Healthcare Management LLC end-of-year assets rose from $9M in the plan year 2022 filing to $15M in the plan year 2023 filing.
  • Summit Healthcare Management LLC reported participants rose from 3,204 in the plan year 2022 filing to 3,638 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 462684904 · Summit Healthcare Management LLC PY 2023 · 401(k)

Summit Healthcare Management LLC · $15M · 3,638 · 67th

  • VS-ST $15M
  • BOY 3,638
  • SCH 67th
  • EBSA 401(k)
  • PART near Swope Medical Group Inc Profit Sharing 401(k) Plan
  • TYPE ind #12810

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 Tennessee →

Summit Healthcare Management LLC in the asset neighbourhood

Summit Healthcare Management LLCSummit Healthcare Management…$15MSwope Medical Group Inc Profit Sharing 401(k) PlanSwope Medical Group Inc Prof…$15MThe Contractors Retirement PlanThe Contractors Retirement P…$15MNorwell Vna and Hospice 401(k) Plan & TrustNorwell Vna and Hospice 401(…$15MStc Management Group, LLC 401(k) Retirement Savings PlanStc Management Group, LLC 40…$15M
End-of-year total assets ($M) among Summit Healthcare Management LLC and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Tennessee filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$15M
Net Income$6M
Employer EIN462684904
Plan Effective Date2014-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Summit Healthcare Management LLC)

Sponsor-wide plan assets over time

All Summit Healthcare Management LLC plans reported in each filing year

Latest sponsor-wide plan assets
$24M 154.54775053516633% vs 2022
2024 filing year
$5M$10M$15M$20M$25M$30M 202220232024 $9.28M $23.6M ▲ +154.6%
Year Plans Participants Total Assets
2022 1 3,204 $9M
2023 1 3,638 $15M
2024 1 4,184 $24M

Nearby 401(k) Plans in Tennessee

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

Summit Healthcare Management LLC vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -100102030 Total assets ($B) Participants Summit Healthcare Management LLC, Total assets ($B): 0.015208084 · Participants: 3638Summit Healthcare Management LLCFedex Corporation Retirement Savings Plan, Total assets ($B): 23.88081991 · Participants: 127010Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 21.53517366 · Participants: 291649Hca 401(k) PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 4.743557391 · Participants: 5728Federal Express Corporation Pilots Retirement Savings PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.621886139 · Participants: 12153International Paper Company Salaried Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.517708174 · Participants: 62487Chs/Community Health Systems, Inc. Retirement Savings Plan
Summit Healthcare Management LLC vs. nearby 401(k) plans in Tennessee, assets vs. participants

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

Outside Tennessee, the nearest 401(k) by assets is Swope Medical Group Inc Profit Sharing 401(k) Plan in CA ($15M); by covered participants it is Hospitality Staffing 401(k) Plan in IL (3,638 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3,638 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 Healthcare Management LLC assets move in 2023?
Summit Healthcare Management LLC surged - up 63.8% during 2023, from $9M to $15M. Reported net income was $6M.
How have Summit Healthcare Management LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Summit Healthcare Management LLC's sponsor-wide assets grew 154.5%, from $9M to $24M.
Which 401(k) plans are similar in size to Summit Healthcare Management LLC?
Among 401(k) plans in other states, the closest by assets is Swope Medical Group Inc Profit Sharing 401(k) Plan in CA ($15M, 23 participants).
Which 401(k) plans cover a similar participant headcount to Summit Healthcare Management LLC?
Among 401(k) plans in other states, the closest by covered participants is Hospitality Staffing 401(k) Plan in IL (3,638 participants, $17M in assets).