401(k) · DOL Form 5500 · 2023

Summit Golf Brands Inc. 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
188
Participants Below avg headcount
43rd
Percentile by assets National rank
$24,471
Avg per participant Low balance/head
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Official DOL plan name: Summit Golf Brands Inc. 401(k) Plan · Sponsored by Summit Golf Brands Inc. · Connecticut · Wholesale Trade

$5M in assets, 188 participants

Summit Golf Brands Inc.'s Summit Golf Brands Inc. 401(k) Plan reported $5M in total assets and 188 participants in its 2023 DOL Form 5500 filing, ranking in the 43rd 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.

  • #2,015 in Wholesale Trade (6,309 peers)

Coverage in Connecticut

Summit Golf Brands Inc. 401(k) Plan covers 188 participants in Connecticut, about 26% of the average Connecticut filer (state average ~718 per filing). Assets: $5M.

#2,015
in Wholesale Trade (6,309 peers)
+50.8%
assets growth YoY

Summit Golf Brands Inc. 401(k) Plan's mid-pack asset rank among Wholesale Trade and all filers

Summit Golf Brands Inc. 401(k) Plan vs every filed plan by assets

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

$4,600,569 43rd percentile higher than 43% 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 Golf Brands Inc. 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 Golf Brands Inc. 401(k) Plan sits mid-pack in the medium band (188 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Summit Golf Brands Inc. 401(k) Plan reported net income rose from -$75K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Summit Golf Brands Inc. 401(k) Plan reported participants rose from 97 in the plan year 2022 filing to 188 in the plan year 2023 filing.
  • Summit Golf Brands Inc. 401(k) Plan end-of-year assets rose from $3M in the plan year 2022 filing to $5M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 980426349 · Summit Golf Brands Inc. PY 2023 · 401(k)

Summit Golf Brands Inc. 401(k) Plan · $5M · 188 · 43rd

  • 5500 $5M
  • ASSETS 188
  • PCT 43rd
  • EIN 401(k)
  • RANK near Netgain Technology 401(k)/Profit Sharing Plan
  • PHOTO ind #2015

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 Wholesale Trade retirement plans → · Plans in Connecticut →

Summit Golf Brands Inc. 401(k) Plan in the asset neighbourhood

Summit Golf Brands Inc. 401(k) PlanSummit Golf Brands Inc. 401(…$5MNetgain Technology 401(k)/Profit Sharing PlanNetgain Technology 401(k)/Pr…$5MColumbiana Service Co., LLC 401(k) Retirement PlanColumbiana Service Co., LLC …$5MSunfresh LLC Salary Savings PlanSunfresh LLC Salary Savings …$5MBest Metal Products Company Employees Profit Sharing PlanBest Metal Products Company …$5M
End-of-year total assets ($M) among Summit Golf Brands Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Connecticut filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$5M
Net Income$2M
Employer EIN980426349
Plan Effective Date2005-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Summit Golf Brands Inc.)

Sponsor-wide plan assets over time

All Summit Golf Brands Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$6M 85.35335942059666% vs 2022
2024 filing year
$2M$3M$4M$5M$6M 202220232024 $3.05M $5.66M ▲ +85.6%
Year Plans Participants Total Assets
2022 1 97 $3M
2023 1 188 $5M
2024 1 145 $6M

Nearby 401(k) Plans in Connecticut

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

Summit Golf Brands Inc. 401(k) Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Summit Golf Brands Inc. 401(k) Plan, Total assets ($B): 0.004600569 · Participants: 188Summit Golf Brands Inc. 401(k) PlanRtx Savings Plan, Total assets ($B): 52.759784 · Participants: 123037Rtx Savings PlanCiti Retirement Savings Plan, Total assets ($B): 20.653030659 · Participants: 77865Citi Retirement Savings PlanThe Hartford Investment and Savings Plan, Total assets ($B): 6.478512 · Participants: 18377The Hartford Investment and Savings PlanXerox Corporation Savings Plan, Total assets ($B): 3.948866 · Participants: 10291Xerox Corporation Savings PlanEversource 401(k) Plan, Total assets ($B): 3.751712453 · Participants: 9504Eversource 401(k) Plan
Summit Golf Brands Inc. 401(k) Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants

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

Outside Connecticut, the nearest 401(k) by assets is Netgain Technology 401(k)/Profit Sharing Plan in MN ($5M); by covered participants it is Advantmed 401(k) and Profit Sharing Plan in CA (188 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (188 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 Golf Brands Inc. 401(k) Plan assets move in 2023?
Summit Golf Brands Inc. 401(k) Plan surged - up 50.8% during 2023, from $3M to $5M. Reported net income was $2M.
How have Summit Golf Brands Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Summit Golf Brands Inc.'s sponsor-wide assets grew 85.4%, from $3M to $6M.
Which 401(k) plans are similar in size to Summit Golf Brands Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Netgain Technology 401(k)/Profit Sharing Plan in MN ($5M, 131 participants).
Which 401(k) plans cover a similar participant headcount to Summit Golf Brands Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Advantmed 401(k) and Profit Sharing Plan in CA (188 participants, $844K in assets).