401(k) · DOL Form 5500 · 2023

Summit Physician Specialists, P.C. 401(k) Plan

Data updated 2026-08-25

$67M
Total assets Below avg plan size
95
Participants Small participant base
88th
Percentile by assets National rank
$708,584
Avg per participant High balance/head
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Official DOL plan name: Summit Physician Specialists Retirement Plan · Sponsored by Summit Physician Specialists, P.C. · Utah · Healthcare & Social Assistance

$67M in assets, 95 participants

Summit Physician Specialists, P.C.'s Summit Physician Specialists Retirement Plan reported $67M in total assets and 95 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • #15,912 in Healthcare & Social Assistance (17,684 peers)

Where Summit Physician Specialists Retirement Plan sits by assets

Summit Physician Specialists Retirement Plan sits in the top quartile of all filed plans by assets, $67M for 95 participants (~$708,584/participant), up 11.2% in 2023.

#15,912
in Healthcare & Social Assistance (17,684 peers)
+11.2%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Summit Physician Specialists Retirement Plan's outsized position by total assets

Summit Physician Specialists Retirement Plan vs every filed plan by assets

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

$67,315,494 Top 12% higher than 88% 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 Physician Specialists Retirement Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Summit Physician Specialists Retirement Plan is a small filing (95 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Summit Physician Specialists Retirement Plan reported net income rose from $2M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Summit Physician Specialists Retirement Plan end-of-year assets rose from $61M in the plan year 2022 filing to $67M in the plan year 2023 filing.
  • Summit Physician Specialists Retirement Plan reported participants rose from 93 in the plan year 2022 filing to 95 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 814233178 · Summit Physician Specialists, P.C. PY 2023 · 401(k)

Summit Physician Specialists Retirement Plan · $67M · 95 · 88th

  • NET $67M
  • NET 95
  • NET 88th
  • NET 401(k)
  • NET near Liquidpower Specialty Products Inc. 401(k) and Profit Sharing Plan
  • NET ind #15912

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 Utah →

Summit Physician Specialists Retirement Plan in the asset neighbourhood

Union Savings Bank 401(k) Profit Sharing Plan & TrustUnion Savings Bank 401(k) Pr…$67MSvb Securities 401(k) Plan$67MSummit Physician Specialists Retirement PlanSummit Physician Specialists…$67MLiquidpower Specialty Products Inc. 401(k) and Profit Sharing PlanLiquidpower Specialty Produc…$67MParts Authority LLC Profit Share/401(k) PlanParts Authority LLC Profit S…$67M
End-of-year total assets ($M) among Summit Physician Specialists Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$61M
Net Assets (End of Year)$67M
Net Income$7M
Employer EIN814233178
Plan Effective Date2017-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Summit Physician Specialists, P.C.)

Sponsor-wide plan assets over time

All Summit Physician Specialists, P.C. plans reported in each filing year

Latest sponsor-wide plan assets
$83M 36.631011222944885% vs 2022
2024 filing year
$50M$60M$70M$80M$90M 202220232024 $60.5M $82.7M ▲ +36.6%
Year Plans Participants Total Assets
2022 1 93 $61M
2023 1 95 $67M
2024 1 108 $83M

Nearby 401(k) Plans in Utah

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

Summit Physician Specialists Retirement Plan vs. nearby 401(k) plans in Utah, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -202468 Total assets ($B) Participants Summit Physician Specialists Retirement Plan, Total assets ($B): 0.067315494 · Participants: 95Summit Physician Specialists Retirement PlanIntermountain Healthcare Savings Plus 401(k) Plan, Total assets ($B): 6.015479 · Participants: 46680Intermountain Healthcare Savings Plus 401(k) PlanDeseret 401(k) Plan, Total assets ($B): 5.481729272 · Participants: 24292Deseret 401(k) PlanZions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan, Total assets ($B): 1.662904822 · Participants: 10088Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership PlanSkywest, Inc. Employees' Retirement Plan, Total assets ($B): 1.192769515 · Participants: 15411Skywest, Inc. Employees' Retirement PlanAutoliv Asp, Inc. Employee Savings and Investment Plan, Total assets ($B): 0.633594695 · Participants: 4537Autoliv Asp, Inc. Employee Savings and Investment Plan
Summit Physician Specialists Retirement Plan vs. nearby 401(k) plans in Utah, assets vs. participants
Compare Summit Physician Specialists Retirement Plan side-by-side with 3 peers →

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

Outside Utah, the nearest 401(k) by assets is Liquidpower Specialty Products Inc. 401(k) and Profit Sharing Plan in TX ($67M); by covered participants it is Southern Gear and Machine, Inc. Employee Stock Ownership Plan in FL (95 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (95 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 Physician Specialists Retirement Plan assets move in 2023? ▼
Summit Physician Specialists Retirement Plan grew at a solid clip - up 11.2% during 2023, from $61M to $67M. Reported net income was $7M.
How have Summit Physician Specialists, P.C. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Summit Physician Specialists, P.C.'s sponsor-wide assets grew 36.6%, from $61M to $83M.
Where does Summit Physician Specialists Retirement Plan rank by assets among Form 5500 filers? ▼
Summit Physician Specialists Retirement Plan ranks in the 88th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Summit Physician Specialists Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Liquidpower Specialty Products Inc. 401(k) and Profit Sharing Plan in TX ($67M, 432 participants).
Which 401(k) plans cover a similar participant headcount to Summit Physician Specialists Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Southern Gear and Machine, Inc. Employee Stock Ownership Plan in FL (95 participants, $3M 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 814233178.

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.