401(k) · DOL Form 5500 · 2024

Summit Contracting Group, Inc. 401(k) Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
427
Participants Below avg headcount
68th
Percentile by assets National rank
$41,753
Avg per participant Low balance/head
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Official DOL plan name: Summit Contracting Group, Inc. 401(k) Plan · Sponsored by Summit Contracting Group, Inc. · Florida · Construction

$18M in assets, 427 participants

Summit Contracting Group, Inc.'s Summit Contracting Group, Inc. 401(k) Plan reported $18M in total assets and 427 participants in its 2024 DOL Form 5500 filing, ranking in the 68th 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.

  • #6,027 in Construction (9,039 peers)

Summit Contracting Group, Inc. multi-year trail

Summit Contracting Group, Inc.'s plans moved +75.8% in assets from 2022 to 2024; this filing shows Summit Contracting Group, Inc. 401(k) Plan at $18M / 427 participants.

#6,027
in Construction (9,039 peers)
+23.8%
assets growth YoY

Summit Contracting Group, Inc. 401(k) Plan's outsized position by total assets

Summit Contracting Group, Inc. 401(k) Plan vs every filed plan by assets

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

$17,828,733 Top 32% higher than 68% 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 Contracting Group, Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Summit Contracting Group, Inc. 401(k) Plan sits mid-pack in the medium band (427 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Summit Contracting Group, Inc. 401(k) Plan end-of-year assets rose from $14M in the plan year 2023 filing to $18M in the plan year 2024 filing.
  • Summit Contracting Group, Inc. 401(k) Plan reported net income fell from $4M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Summit Contracting Group, Inc. 401(k) Plan reported participants rose from 420 in the plan year 2023 filing to 427 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 208209413 · Summit Contracting Group, Inc. PY 2024 · 401(k)

Summit Contracting Group, Inc. 401(k) Plan · $18M · 427 · 68th

  • BOOK $18M
  • BOOK 427
  • BOOK 68th
  • BOOK 401(k)
  • BOOK near Koonz, Mckenney, Johnson & Depaolis, LLP 401(k) Retirement Savings Plan
  • BOOK ind #6027

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 Construction retirement plans → · Plans in Florida →

Summit Contracting Group, Inc. 401(k) Plan in the asset neighbourhood

Summit Contracting Group, Inc. 401(k) PlanSummit Contracting Group, In…$18MKoonz, Mckenney, Johnson & Depaolis, LLP 401(k) Retirement Savings PlanKoonz, Mckenney, Johnson & D…$18MCrunchtime 401(k) Plan$18MUS Med-Equip 401(k) Plan$18MCogent Solutions and Supplies 401(k) Profit Sharing PlanCogent Solutions and Supplie…$18M
End-of-year total assets ($M) among Summit Contracting Group, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Summit Contracting Group, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Summit Contracting Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$18M 75.80404512144604% vs 2022
2024 filing year
$5M$10M$15M$20M 202220232024 $10.1M $17.8M ▲ +75.8%
Year Plans Participants Total Assets
2022 1 327 $10M
2023 1 420 $14M
2024 1 427 $18M

Summit Contracting Group, Inc. filing trail (2024)

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$18M
Net Income$3M
Employer EIN208209413
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Florida

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

Summit Contracting Group, Inc. 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants Summit Contracting Group, Inc. 401(k) Plan, Total assets ($B): 0.017828733 · Participants: 427Summit Contracting Group, Inc. 401(k) PlanL3harris Retirement Savings Plan, Total assets ($B): 16.316786122 · Participants: 40330L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pwc, Total assets ($B): 13.167098888 · Participants: 51081Savings Plan for Employees and Partners of PwcAdp Totalsource Retirement Savings Plan, Total assets ($B): 9.190044852 · Participants: 310261Adp Totalsource Retirement Savings PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 8.068866271 · Participants: 197102Publix Super Markets, Inc. 401(k) Smart PlanNextera Energy, Inc. Employee Retirement Savings Plan, Total assets ($B): 5.484619612 · Participants: 16678Nextera Energy, Inc. Employee Retirement Savings Plan
Summit Contracting Group, Inc. 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants
Compare Summit Contracting Group, Inc. 401(k) Plan side-by-side with 3 peers →

Summit Contracting Group, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Florida, the nearest 401(k) by assets is Koonz, Mckenney, Johnson & Depaolis, LLP 401(k) Retirement Savings Plan in DC ($18M); by covered participants it is Summit Design & Engineering Services, PLLC Employees Savings Trust in NC (427 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (427 participants); 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 Contracting Group, Inc. 401(k) Plan assets move in 2024? ▼
Summit Contracting Group, Inc. 401(k) Plan grew sharply - up 23.8% during 2024, from $14M to $18M. Reported net income was $3M.
How have Summit Contracting Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Summit Contracting Group, Inc.'s sponsor-wide assets grew 75.8%, from $10M to $18M.
Which 401(k) plans are similar in size to Summit Contracting Group, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Koonz, Mckenney, Johnson & Depaolis, LLP 401(k) Retirement Savings Plan in DC ($18M, 25 participants).
Which 401(k) plans cover a similar participant headcount to Summit Contracting Group, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Summit Design & Engineering Services, PLLC Employees Savings Trust in NC (427 participants, $24M 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 208209413.

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.