401(k) · DOL Form 5500 · 2024
Summit 7 Systems, LLC 401(k) Plan
Data updated 2026-08-25
- $8M
- Total assets Small plan by assets
- 183
- Participants Below avg headcount
- 52nd
- Percentile by assets National rank
- $46,192
- Avg per participant Low balance/head
Official DOL plan name: Summit 7 Systems 401(k) Plan · Sponsored by Summit 7 Systems, LLC · Alabama · Professional & Technical Services
$8M in assets, 183 participants
Summit 7 Systems, LLC's Summit 7 Systems 401(k) Plan reported $8M in total assets and 183 participants in its 2024 DOL Form 5500 filing, ranking in the 52nd 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.
- #10,154 in Professional & Technical Services (20,173 peers)
Summit 7 Systems, LLC multi-year trail
Summit 7 Systems, LLC's plans moved +135.0% in assets from 2022 to 2024; this filing shows Summit 7 Systems 401(k) Plan at $8M / 183 participants.
- #10,154
- in Professional & Technical Services (20,173 peers)
- +58.5%
- assets growth YoY
Summit 7 Systems 401(k) Plan's mid-pack asset rank among Professional & Technical Services and all filers
Summit 7 Systems 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$8,453,065 Top 48% higher than 52% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Summit 7 Systems 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 7 Systems 401(k) Plan sits mid-pack in the medium band (183 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Summit 7 Systems 401(k) Plan reported net income rose from $2M in the plan year 2023 filing to $3M in the plan year 2024 filing.
- Summit 7 Systems 401(k) Plan end-of-year assets rose from $5M in the plan year 2023 filing to $8M in the plan year 2024 filing.
- Summit 7 Systems 401(k) Plan reported participants rose from 124 in the plan year 2023 filing to 183 in the plan year 2024 filing.
DOL schedule card
Filing strip 271467561 · Summit 7 Systems, LLC PY 2024 · 401(k)
Summit 7 Systems 401(k) Plan · $8M · 183 · 52nd
- PART $8M
- TYPE 183
- NET 52nd
- BOOK 401(k)
- VS-ST near Bruna Implement Employees 401(k) Plan
- BOY ind #10154
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 Professional & Technical Services retirement plans → · Plans in Alabama →
Summit 7 Systems 401(k) Plan in the asset neighbourhood
Summit 7 Systems, LLC multi-year asset trail
Sponsor-wide plan assets over time
All Summit 7 Systems, LLC plans reported in each filing year
- Latest sponsor-wide plan assets
- $8M 134.95812590856912% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 114 | $4M |
| 2023 | 1 | 124 | $5M |
| 2024 | 1 | 183 | $8M |
Summit 7 Systems, LLC filing trail (2024)
| Total Assets (Beginning of Year) | $5M |
|---|---|
| Net Assets (End of Year) | $8M |
| Net Income | $3M |
| Employer EIN | 271467561 |
| Plan Effective Date | 2010-03-01 |
| Filing Status | FILING RECEIVED |
Nearby 401(k) Plans in Alabama
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Regions Financial Corporation 401(k) Plan $3.2B · 20,783
- Encompass Health Corporation 401(k) Retirement Plan $1.7B · 29,454
- Hexagon Employee Retirement Savings Plan $1.7B · 4,638
- Vulcan 401(k) Plan $1.5B · 8,628
- Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan $1.2B · 6,167
Summit 7 Systems 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside Alabama, the nearest 401(k) by assets is Bruna Implement Employees 401(k) Plan in KS ($8M); by covered participants it is Cgt U.S. Limited/Textileather Corporation 401(k) Profit Sharing Plan in TX (183 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($8M here).
Similar participant headcount
Nearest other-state filings by covered participants (183 participants); asset peers above are excluded.
- Cgt U.S. Limited/Textileather Corporation 401(k) Profit Sharing Plan (TX) 183 · 0 off
- Boone Drugs, Inc. Savings Plus Plan (NC) 183 · 0 off
- Alta Planning + Design, Inc. 401(k) Profit Sharing Plan (OR) 183 · 0 off
- Critigen LLC 401(k) Plan (CO) 183 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.