401(k) · DOL Form 5500 · 2024

Summit Construction, Inc. 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
85
Participants Small participant base
37th
Percentile by assets National rank
$42,258
Avg per participant Low balance/head
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Official DOL plan name: Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust · Sponsored by Summit Construction, Inc. · Maryland · Construction

$4M in assets, 85 participants

Summit Construction, Inc.'s Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust reported $4M in total assets and 85 participants in its 2024 DOL Form 5500 filing, ranking in the 37th 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.

  • #3,189 in Construction (9,039 peers)

Summit Construction, Inc. multi-year trail

Summit Construction, Inc.'s plans moved +30.8% in assets from 2022 to 2024; this filing shows Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust at $4M / 85 participants.

#3,189
in Construction (9,039 peers)
+13.8%
assets growth YoY

Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust's mid-pack asset rank among Construction and all filers

Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust vs every filed plan by assets

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

$3,591,936 37th percentile higher than 37% 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 Construction, Inc. 401(k) Profit Sharing Plan and Trust among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust is a small filing (85 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust end-of-year assets rose from $3M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust reported net income rose from $409K in the plan year 2023 filing to $436K in the plan year 2024 filing.
  • Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust reported participants rose from 82 in the plan year 2023 filing to 85 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 521681582 · Summit Construction, Inc. PY 2024 · 401(k)

Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust · $4M · 85 · 37th

  • EOY $4M
  • EOY 85
  • EOY 37th
  • EOY 401(k)
  • EOY near Nittany Oil Company, Inc. 401(k) Plan
  • EOY ind #3189

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 Maryland →

Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust in the asset neighbourhood

Summit Construction, Inc. 401(k) Profit Sharing Plan and TrustSummit Construction, Inc. 40…$4MNittany Oil Company, Inc. 401(k) PlanNittany Oil Company, Inc. 40…$4MAgente Technical LLC Retirement TrustAgente Technical LLC Retirem…$4MElastic Therapy 401(k) Plan$4MLemon Tree Investment Co., Inc. 401(k) PlanLemon Tree Investment Co., I…$4M
End-of-year total assets ($M) among Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Summit Construction, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Summit Construction, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$4M 30.762498744046052% vs 2022
2024 filing year
$2.5M$3M$3.5M$4M 202220232024 $2.75M $3.59M ▲ +30.5%
Year Plans Participants Total Assets
2022 1 86 $3M
2023 1 82 $3M
2024 1 85 $4M

Summit Construction, Inc. filing trail (2024)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$4M
Net Income$436K
Employer EIN521681582
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Maryland

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

Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust, Total assets ($B): 0.003591936 · Participants: 85Summit Construction, Inc. 401(k) Profit Sharing Plan and TrustLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 51.448624264 · Participants: 96812Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 11.712016434 · Participants: 101417Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 4.948487009 · Participants: 6639T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 4.08462816 · Participants: 2771Nfl Player Second Career Savings PlanLockheed Martin Corporation Performance Sharing Plan for Bargaining Employees, Total assets ($B): 2.987191008 · Participants: 18370Lockheed Martin Corporation Performance Sharing Plan for Bargaining Employees
Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Maryland, assets vs. participants
Compare Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust side-by-side with 3 peers →

Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is Nittany Oil Company, Inc. 401(k) Plan in PA ($4M); by covered participants it is Heart of America Beverage Company, LLC 401(k) Plan in MO (85 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($4M here).

Similar participant headcount

Nearest other-state filings by covered participants (85 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 Construction, Inc. 401(k) Profit Sharing Plan and Trust assets move in 2024? ▼
Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust grew at a solid clip - up 13.8% during 2024, from $3M to $4M. Reported net income was $436K.
How have Summit Construction, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Summit Construction, Inc.'s sponsor-wide assets grew 30.8%, from $3M to $4M.
Which 401(k) plans are similar in size to Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Nittany Oil Company, Inc. 401(k) Plan in PA ($4M, 297 participants).
Which 401(k) plans cover a similar participant headcount to Summit Construction, Inc. 401(k) Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Heart of America Beverage Company, LLC 401(k) Plan in MO (85 participants, $11M 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 521681582.

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.