ESOP · DOL Form 5500 · 2024
Summit Body & Equipment Inc. ESOP
Data updated 2026-07-24
- $24M
- Total assets
- 28
- Participants
- 73rd
- Percentile by assets
- $843,214
- Avg per participant
Official DOL plan name: Summit Body & Equipment, Inc. Employee Stock Ownership Plan and Trust · Sponsored by Summit Body & Equipment Inc. · Washington · Manufacturing
$24M in assets, 28 participants
Summit Body & Equipment Inc.'s Summit Body & Equipment, Inc. Employee Stock Ownership Plan and Trust reported $24M in total assets and 28 participants in its 2024 DOL Form 5500 filing, ranking in the 73rd 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.
- 73rd percentile by assets (of 116,472 plans)
Summit Body & Equipment Inc. multi-year trail
Summit Body & Equipment Inc.'s plans moved +57.4% in assets from 2022 to 2024; this filing shows Summit Body & Equipment, Inc. Employee Stock Ownership Plan and Trust at $24M / 28 participants.
- $24M
- total plan assets (2024 EOY)
- 28
- covered participants
- 73rd
- percentile by assets (of 116,472 plans)
- $843,214
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Summit Body & Equipment, Inc. Employee Stock Ownership Plan and Trust reported net income fell from $6M in the plan year 2023 filing to $3M in the plan year 2024 filing.
- Summit Body & Equipment, Inc. Employee Stock Ownership Plan and Trust reported participants rose from 20 in the plan year 2023 filing to 28 in the plan year 2024 filing.
- Summit Body & Equipment, Inc. Employee Stock Ownership Plan and Trust end-of-year assets rose from $21M in the plan year 2023 filing to $24M in the plan year 2024 filing.
Summit Body & Equipment Inc. across 3 plan years on file
Across the 3 plan years Summit Body & Equipment Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $15M to $24M, a gain of 57.4%, while reported participants moved from 25 to 28 (+12.0%). Peak year by sponsor assets: 2024 ($24M); trough: 2022 ($15M).
Summit Body & Equipment Inc. multi-year asset trail
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 25 | $15M |
| 2023 | 1 | 20 | $21M |
| 2024 | 1 | 28 | $24M |
Summit Body & Equipment Inc. filing trail (2024)
| Total Assets (Beginning of Year) | $21M |
|---|---|
| Net Assets (End of Year) | $23M |
| Net Income | $3M |
| Employer EIN | 931044551 |
| Plan Effective Date | 2014-01-01 |
| Filing Status | FILING RECEIVED |
Nearby ESOP Plans in Washington
Peer ESOP plans, same state, same plan type, ranked by total assets.
Summit Body & Equipment, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Washington, assets vs. participants
- Schweitzer Engineering Laboratories, Inc. Employee Stock Ownership Plan $3.2B · 4,281
- Triple B Corporation Employee Stock Ownership Plan $308M · 1,238
- Manson Construction Co. Non-Craft Employee Stock Ownership Plan $207M · 291
- Parametrix, Inc. Employee Stock Ownership Plan $159M · 737
- The Plexsys Interface Products, Inc. Employee Stock Ownership Plan $97M · 184
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Summit Body & Equipment, Inc. Employee Stock Ownership Plan and Trust by total assets, not by location.
- Planters Bank and Trust Company Employee Stock Ownership Plan (MS) $24M · 76
- American Flexible Products, Inc. Employee Stock Ownership Plan and Trust (MN) $24M · 35
- Zimmerman Associates, Inc. Employee Stock Ownership Plan (VA) $24M · 590
- West Builders, Inc. Employee Stock Ownership Plan (CA) $24M · 50
Frequently Asked Questions
How did Summit Body & Equipment, Inc. Employee Stock Ownership Plan and Trust assets move in 2024? ▼
How have Summit Body & Equipment Inc. plan assets changed over time? ▼
Which ESOP plans are similar in size to Summit Body & Equipment, Inc. Employee Stock Ownership Plan and Trust? ▼
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Multi-year trail
Ways to act on Summit Body & Equipment, Inc. Employee Stock Ownership Plan and Trust's numbers.
- By total assets, Summit Body & Equipment, Inc. Employee Stock Ownership Plan and Trust ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Washington. Compare plans
- Summit Body & Equipment Inc.'s sponsor-wide assets have grown 57.4% since 2022 across 3 plan years on file. More Manufacturing plans
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 931044551.
Read our methodology - how this data is sourced, computed, and verified.