Profit Sharing · DOL Form 5500 · 2024

Summit Trust Summit Land Company Profit Sharing Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets
1
Participants Small participant base
25th
Percentile by assets National rank
$1.2M
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Summit Trust · Sponsored by Summit Trust Summit Land Company · Oklahoma · Mining & Oil Extraction

$1M in assets, 1 participants

Summit Trust Summit Land Company's Summit Trust reported $1M in total assets and 1 participant in its 2024 DOL Form 5500 filing, ranking in the 25th 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.

  • #60 in Mining & Oil Extraction (785 peers)

Summit Trust Summit Land Company multi-year trail

Summit Trust Summit Land Company's plans moved -15.7% in assets from 2022 to 2024; this filing shows Summit Trust at $1M / 1 participant.

#60
in Mining & Oil Extraction (785 peers)
+3.1%
assets growth YoY

Summit Trust among the smaller filed plans by assets

Summit Trust vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$1,191,025 25th percentile higher than 25% of 123,620 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 2024

Summit Trust among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Summit Trust is a micro filing (1 participant), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Summit Trust reported net income rose from -$258K in the plan year 2023 filing to $35K in the plan year 2024 filing.
  • Summit Trust reported participants fell from 2 in the plan year 2023 filing to 1 in the plan year 2024 filing.
  • Summit Trust end-of-year assets rose from $1M in the plan year 2023 filing to $1M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 731400655 · Summit Trust Summit Land Company PY 2024 · Profit Sharing

Summit Trust · $1M · 1 · 25th

  • PART $1M
  • PART 1
  • PART 25th
  • PART Profit Sharing
  • PART near Jump-Greenville, Inc. Retirement Plan
  • PART ind #60

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 Mining & Oil Extraction retirement plans → · Plans in Oklahoma →

Summit Trust in the asset neighbourhood

Summit Trust$1MJump-Greenville, Inc. Retirement PlanJump-Greenville, Inc. Retire…$1MLearning Foundation Management, Inc. Profit Sharing PlanLearning Foundation Manageme…$1MOsvaldo R. Gonzalez Aviles Retirement PlanOsvaldo R. Gonzalez Aviles R…$1MMichael H. Sakai Aal Basic$1M
End-of-year total assets ($M) among Summit Trust and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Summit Trust Summit Land Company multi-year asset trail

Sponsor-wide plan assets over time

All Summit Trust Summit Land Company plans reported in each filing year

Latest sponsor-wide plan assets
$1M 15.74627356631959% vs 2022
2024 filing year
$1.1M$1.2M$1.3M$1.4M$1.5M 202220232024 $1.41M $1.19M ▼ -15.6%
Year Plans Participants Total Assets
2022 1 2 $1M
2023 1 2 $1M
2024 1 1 $1M

Summit Trust Summit Land Company filing trail (2024)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$1M
Net Income$35K
Employer EIN731400655
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Oklahoma

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

Summit Trust vs. nearby Profit Sharing plans in Oklahoma, assets vs. participants Scatter plot of 6 data points. -500050010001500 -50050100150200 Total assets ($M) Participants Summit Trust, Total assets ($M): 1.191025 · Participants: 1Summit TrustDolese Bros. Co. Profit Sharing Plan, Total assets ($M): 144.557245 · Participants: 788Dolese Bros. Co. Profit Sharing PlanFamily & Children's Services 403(b) Plan, Total assets ($M): 47.023351 · Participants: 1086Family & Children's Services 403(b) PlanEskridge Auto Group Profit Sharing Plan, Total assets ($M): 27.709865 · Participants: 156Eskridge Auto Group Profit Sharing PlanVeenker Resources, Inc. Profit Sharing Plan, Total assets ($M): 23.802158 · Participants: 11Veenker Resources, Inc. Profit Sharing PlanMesser-Bowers Profit Sharing Plan, Total assets ($M): 9.902894 · Participants: 39Messer-Bowers Profit Sharing Plan
Summit Trust vs. nearby Profit Sharing plans in Oklahoma, assets vs. participants
Compare Summit Trust side-by-side with 3 peers →

Summit Trust's out-of-state Profit Sharing peers by assets and headcount

Outside Oklahoma, the nearest Profit Sharing by assets is Jump-Greenville, Inc. Retirement Plan in SC ($1M); by covered participants it is Gerald L. Bowen, P.C. Profit Sharing Plan in PA (1 participant). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1 participant); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Summit Trust assets move in 2024? ▼
Summit Trust edged up modestly - up 3.1% during 2024, from $1M to $1M. Reported net income was $35K.
How have Summit Trust Summit Land Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Summit Trust Summit Land Company's sponsor-wide assets declined 15.7%, from $1M to $1M.
Where does Summit Trust rank by assets among Form 5500 filers? ▼
Summit Trust ranks in the 25th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the lower half of filed plans by assets).
Which Profit Sharing plans are similar in size to Summit Trust? ▼
Among Profit Sharing plans in other states, the closest by assets is Jump-Greenville, Inc. Retirement Plan in SC ($1M, 8 participants).
Which Profit Sharing plans cover a similar participant headcount to Summit Trust? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Gerald L. Bowen, P.C. Profit Sharing Plan in PA (1 participant, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 731400655.

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.