401(k) · DOL Form 5500 · 2024

Sfp Holding, Inc. 401(k) Plan

Data updated 2026-08-25

$166M
Total assets Near avg plan size
4,246
Participants Above avg headcount
93rd
Percentile by assets National rank
$39,061
Avg per participant Low balance/head
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Official DOL plan name: Summit Companies 401(k) Profit Sharing Plan · Sponsored by Sfp Holding, Inc. · Minnesota · Construction

$166M in assets, 4,246 participants

Sfp Holding, Inc.'s Summit Companies 401(k) Profit Sharing Plan reported $166M in total assets and 4,246 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.

  • #8,336 in Construction (9,039 peers)

Coverage in Minnesota

Summit Companies 401(k) Profit Sharing Plan covers 4,246 participants in Minnesota, 3.8x the typical Minnesota plan (state average ~1,126 per filing). Assets: $166M.

#8,336
in Construction (9,039 peers)
+28.3%
assets growth YoY
1.7×
vs typical plan assets (national mean)

Summit Companies 401(k) Profit Sharing Plan's outsized position by total assets

Summit Companies 401(k) Profit Sharing Plan vs every filed plan by assets

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

$165,854,762 Top 7% higher than 93% 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 401(k) Profit Sharing Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Summit Companies 401(k) Profit Sharing Plan lands in the large band (4,246 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Summit Companies 401(k) Profit Sharing Plan end-of-year assets rose from $129M in the plan year 2023 filing to $166M in the plan year 2024 filing.
  • Summit Companies 401(k) Profit Sharing Plan reported participants rose from 3,993 in the plan year 2023 filing to 4,246 in the plan year 2024 filing.
  • Summit Companies 401(k) Profit Sharing Plan reported net income rose from $35M in the plan year 2023 filing to $37M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 205225425 · Sfp Holding, Inc. PY 2024 · 401(k)

Summit Companies 401(k) Profit Sharing Plan · $166M · 4,246 · 93rd

  • IND $166M
  • EOY 4,246
  • 5500 93rd
  • ASSETS 401(k)
  • PCT near Enervest Employee Services, LLC 401(k) Savings Plan
  • EIN ind #8336

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 Minnesota →

Summit Companies 401(k) Profit Sharing Plan in the asset neighbourhood

Bge, Inc. 401(k) Plan$166MEnervest Employee Services, LLC 401(k) Savings PlanEnervest Employee Services, …$166MSummit Companies 401(k) Profit Sharing PlanSummit Companies 401(k) Prof…$166MRelativity 401(k) Plan$166MKdc USA 401(k) Plan$166M
End-of-year total assets ($M) among Summit Companies 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$129M
Net Assets (End of Year)$166M
Net Income$37M
Employer EIN205225425
Plan Effective Date1999-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sfp Holding, Inc.)

Sponsor-wide plan assets over time

All Sfp Holding, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$166M 260.2900511230061% vs 2022
2024 filing year
$0M$50M$100M$150M$200M 202220232024 $46M $166M ▲ +260.3%
Year Plans Participants Total Assets
2022 1 2,091 $46M
2023 1 3,993 $129M
2024 1 4,246 $166M

Nearby 401(k) Plans in Minnesota

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

Summit Companies 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Summit Companies 401(k) Profit Sharing Plan, Total assets ($B): 0.165854762 · Participants: 4246Summit Companies 401(k) Profit Sharing PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Summit Companies 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Summit Companies 401(k) Profit Sharing Plan side-by-side with 3 peers →

Summit Companies 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Enervest Employee Services, LLC 401(k) Savings Plan in TX ($166M); by covered participants it is FUTUREGUARD in MI (4,247 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($166M here).

Similar participant headcount

Nearest other-state filings by covered participants (4,246 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 401(k) Profit Sharing Plan assets move in 2024? ▼
Summit Companies 401(k) Profit Sharing Plan grew sharply - up 28.3% during 2024, from $129M to $166M. Reported net income was $37M.
How have Sfp Holding, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sfp Holding, Inc.'s sponsor-wide assets grew 260.3%, from $46M to $166M.
Where does Summit Companies 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Summit Companies 401(k) Profit Sharing Plan ranks in the 93rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Summit Companies 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Enervest Employee Services, LLC 401(k) Savings Plan in TX ($166M, 329 participants).
Which 401(k) plans cover a similar participant headcount to Summit Companies 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is FUTUREGUARD in MI (4,247 participants, $623M 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 205225425.

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.