401(k) · DOL Form 5500 · 2024

Summit Materials LLC 401(k) Plan

Data updated 2026-08-11

$469M
Total assets
5,333
Participants
97th
Percentile by assets
$87,920
Avg per participant
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Official DOL plan name: Summit Materials 401(k) Retirement Plan · Sponsored by Summit Materials LLC · Colorado · Construction

$469M in assets, 5,333 participants

Summit Materials LLC's Summit Materials 401(k) Retirement Plan reported $469M in total assets and 5,333 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 123,622 plans)
  • #8,741 in Construction (9,039 peers)

Coverage in Colorado

Summit Materials 401(k) Retirement Plan covers 5,333 participants in Colorado, 14x the typical Colorado plan (state average ~376 per filing). Assets: $469M.

$469M
total plan assets (2024 EOY)
5,333
covered participants
97th
percentile by assets (of 123,622 plans)
$87,920
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Summit Materials 401(k) Retirement Plan end-of-year assets rose from $302M in the plan year 2023 filing to $469M in the plan year 2024 filing.
  • Summit Materials 401(k) Retirement Plan reported net income fell from $40M in the plan year 2023 filing to $22M in the plan year 2024 filing.
  • Summit Materials 401(k) Retirement Plan reported participants rose from 4,622 in the plan year 2023 filing to 5,333 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Colorado filers

In Colorado, the average filing covers about 376 participants across 2,719 plans. Summit Materials 401(k) Retirement Plan reports 5,333 participants - 14x that state average ($469M EOY assets).

Colorado filing particulars

Total Assets (Beginning of Year)$302M
Net Assets (End of Year)$469M
Net Income$22M
Employer EIN264138486
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Summit Materials LLC)

$200M$300M$400M$500M 202220232024 $255M $469M ▲ +83.8%
Total plan assets by year, all Summit Materials LLC plans on file
Year Plans Participants Total Assets
2022 1 6,144 $255M
2023 1 4,622 $302M
2024 1 5,333 $469M

Nearby 401(k) Plans in Colorado

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

Summit Materials 401(k) Retirement Plan vs. nearby 401(k) plans in Colorado, assets vs. participants

Summit Materials 401(k) Retirement Plan vs. nearby 401(k) plans in Colorado, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 01234 Total assets ($B) Participants Summit Materials 401…Davita Retirement Sa…Ball Corporation 401…Arcadis U.S., Inc. R…Empower Retirement, …Woodward Retirement …
Summit Materials 401(k) Retirement Plan vs. nearby 401(k) plans in Colorado, assets vs. participants

Scale composition for Summit Materials 401(k) Retirement Plan

Summit Materials 401(k) Retirement Plan reports $469M in end-of-year assets across 5,333 participants (0.004% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $87,920 per participant (64% of the national average assets-per-participant) . Net income for plan year 2024 was $22M.

This plan identity (EIN 264138486, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $255M to $469M (+83.8%) while covered participants moved from 6,144 to 5,333 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 6,144 $255M Open filing
2023 4,622 $302M Open filing
2024 · index core 5,333 $469M This page

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Summit Materials 401(k) Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Summit Materials 401(k) Retirement Plan assets move in 2024?
Summit Materials 401(k) Retirement Plan surged - up 55.2% during 2024, from $302M to $469M. Reported net income was $22M.
How have Summit Materials LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Summit Materials LLC's sponsor-wide assets grew 83.8%, from $255M to $469M.
Where does Summit Materials 401(k) Retirement Plan rank by assets among Form 5500 filers?
Summit Materials 401(k) Retirement Plan ranks in the 97th 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 401(k) plans are similar in size to Summit Materials 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Presidio LLC 401(k) Plan in VA ($469M, 2,676 participants).

Next read for Summit Materials 401(k) Retirement Plan

Filing takeaways

Ways to act on Summit Materials 401(k) Retirement Plan's numbers.

  • By total assets, Summit Materials 401(k) Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Colorado. Compare plans
  • Summit Materials LLC's sponsor-wide assets have grown 83.8% since 2022 across 3 plan years on file. More Construction plans