ESOP · DOL Form 5500 · 2024

Summit Companies Holdings, Inc. ESOP

Data updated 2026-08-25

$754M
Total assets Above avg plan size
354
Participants Below avg headcount
98th
Percentile by assets National rank
$2.1M
Avg per participant High balance/head
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Official DOL plan name: Summit Companies Holdings, Inc. Employee Stock Ownership Plan · Sponsored by Summit Companies Holdings, Inc. · Florida · Construction

$754M in assets, 354 participants

Summit Companies Holdings, Inc.'s Summit Companies Holdings, Inc. Employee Stock Ownership Plan reported $754M in total assets and 354 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

  • #8,861 in Construction (9,039 peers)

Where Summit Companies Holdings, Inc. Employee Stock Ownership Plan sits by assets

Summit Companies Holdings, Inc. Employee Stock Ownership Plan sits in the top 5% of all filed plans by assets, $754M for 354 participants (~$2.1M/participant), up 105.1% in 2024.

#8,861
in Construction (9,039 peers)
+105.1%
assets growth YoY
7.6×
vs typical plan assets (national mean)

Summit Companies Holdings, Inc. Employee Stock Ownership Plan's outsized position by total assets

Summit Companies Holdings, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$753,885,360 Top 2% higher than 98% 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 Companies Holdings, Inc. Employee Stock Ownership 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 Companies Holdings, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (354 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Summit Companies Holdings, Inc. Employee Stock Ownership Plan end-of-year assets rose from $368M in the plan year 2023 filing to $754M in the plan year 2024 filing.
  • Summit Companies Holdings, Inc. Employee Stock Ownership Plan reported participants rose from 233 in the plan year 2023 filing to 354 in the plan year 2024 filing.
  • Summit Companies Holdings, Inc. Employee Stock Ownership Plan reported net income rose from $265M in the plan year 2023 filing to $356M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 873001353 · Summit Companies Holdings, Inc. PY 2024 · ESOP

Summit Companies Holdings, Inc. Employee Stock Ownership Plan · $754M · 354 · 98th

  • ASSETS $754M
  • PCT 354
  • EIN 98th
  • RANK ESOP
  • PHOTO near Magnolia Employee Stock Ownership Plan
  • IND ind #8861

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 What is an ESOP? → · Plans in Florida →

Summit Companies Holdings, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Woodman's Employees' Profit Sharing and Stock Ownership PlanWoodman's Employees' Profit …$796MSummit Companies Holdings, Inc. Employee Stock Ownership PlanSummit Companies Holdings, I…$754MMagnolia Employee Stock Ownership PlanMagnolia Employee Stock Owne…$731MConsigli Building Group Employee Stock Ownership PlanConsigli Building Group Empl…$729MSheetz, Inc. Employee Stock Ownership PlanSheetz, Inc. Employee Stock …$721M
End-of-year total assets ($M) among Summit Companies Holdings, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$368M
Net Assets (End of Year)$382M
Net Income$356M
Employer EIN873001353
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Summit Companies Holdings, Inc.)

Sponsor-wide plan assets over time

All Summit Companies Holdings, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$754M 604.2097033182288% vs 2022
2024 filing year
$0M$200M$400M$600M$800M$1,000M 202220232024 $107M $754M ▲ +604.2%
Year Plans Participants Total Assets
2022 1 225 $107M
2023 1 233 $368M
2024 1 354 $754M

Nearby ESOP Plans in Florida

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

Summit Companies Holdings, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Florida, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -5051015 Total assets ($B) Participants Summit Companies Holdings, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.75388536 · Participants: 354Summit Companies Holdings, Inc. Employee Stock Ownership PlanPublix Super Markets, Inc. Employee Stock Ownership Plan & Trust, Total assets ($B): 14.286420169 · Participants: 149213Publix Super Markets, Inc. Employee Stock Ownership Plan & TrustRaymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan, Total assets ($B): 1.130328955 · Participants: 16036Raymond James Financial, Inc. & Affiliates Employee Stock Ownership PlanThirty Fifteen Employee Stock Ownership Plan, Total assets ($B): 0.724566492 · Participants: 4730Thirty Fifteen Employee Stock Ownership PlanWestern Global Airlines, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.441212218 · Participants: 353Western Global Airlines, Inc. Employee Stock Ownership PlanRsr Employee Stock Ownership Plan, Total assets ($B): 0.386084746 · Participants: 366Rsr Employee Stock Ownership Plan
Summit Companies Holdings, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Florida, assets vs. participants

Summit Companies Holdings, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Florida, the nearest ESOP by assets is Magnolia Employee Stock Ownership Plan in LA ($731M); by covered participants it is Vps Employee Stock Ownership Plan in SD (354 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (354 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 Companies Holdings, Inc. Employee Stock Ownership Plan assets move in 2024?
Summit Companies Holdings, Inc. Employee Stock Ownership Plan surged - up 105.1% during 2024, from $368M to $754M. Reported net income was $356M.
How have Summit Companies Holdings, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Summit Companies Holdings, Inc.'s sponsor-wide assets grew 604.2%, from $107M to $754M.
Where does Summit Companies Holdings, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Summit Companies Holdings, Inc. Employee Stock Ownership Plan ranks in the 98th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which ESOP plans are similar in size to Summit Companies Holdings, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Magnolia Employee Stock Ownership Plan in LA ($731M, 745 participants).
Which ESOP plans cover a similar participant headcount to Summit Companies Holdings, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Vps Employee Stock Ownership Plan in SD (354 participants, $37M in assets).