401(k) · DOL Form 5500 · 2024

Summit Utilities, Inc. 401(k) Plan

Data updated 2026-08-11

$100M
Total assets: 1,325
Participants: 90th
Percentile by assets: $75,583
Avg per participant

Official DOL plan name: Summit Utilities, Inc. 401(k) Plan · Sponsored by Summit Utilities, Inc. · Arkansas · Utilities

$100M in assets, 1,325 participants

Summit Utilities, Inc.'s Summit Utilities, Inc. 401(k) Plan reported $100M in total assets and 1,325 participants in its 2024 DOL Form 5500 filing, ranking in the 90th 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.

90th percentile by assets (of 123,622 plans)
#457 in Utilities (732 peers)

Coverage in Arkansas

Summit Utilities, Inc. 401(k) Plan covers 1,325 participants in Arkansas, about 48% of the average Arkansas filer (state average ~2,784 per filing). Assets: $100M.

$100M
total plan assets (2024 EOY): 1,325
covered participants: 90th
percentile by assets (of 123,622 plans): $75,583
avg assets per participant

Where Summit Utilities, Inc. 401(k) Plan sits by total assets

Summit Utilities, Inc. 401(k) Plan vs every filed plan by assets

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

$100,147,247 Top 10% higher than 90% of 123,620 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Summit Utilities, Inc. 401(k) Plan end-of-year assets rose from $80M in the plan year 2023 filing to $100M in the plan year 2024 filing.
Summit Utilities, Inc. 401(k) Plan reported participants rose from 1,116 in the plan year 2023 filing to 1,325 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Arkansas

Industry

Utilities

Participants vs Arkansas filers

In Arkansas, the average filing covers about 2,784 participants across 760 plans. Summit Utilities, Inc. 401(k) Plan reports 1,325 participants - about 48% of that state average ($100M EOY assets).

Arkansas filing particulars

Total Assets (Beginning of Year)	$80M
Net Assets (End of Year)	$100M
Net Income	$20M
Employer EIN	200929645
Plan Effective Date	2009-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Summit Utilities, Inc.)

Total plan assets by year, all Summit Utilities, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	1	316	$59M
2023	1	1,116	$80M
2024	1	1,325	$100M

Nearby 401(k) Plans in Arkansas

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

Summit Utilities, Inc. 401(k) Plan vs. nearby 401(k) plans in Arkansas, assets vs. participants

Walmart 401(k) Plan $50.8B · 1,635,899
Tyson Foods, Inc. Retirement Savings Plan $3.7B · 118,403
Dillard's, Inc. Investment & Employee Stock Ownership Plan $3.0B · 30,070
J.B. Hunt Transport Services, Inc. Employee Retirement Plan $1.4B · 35,023
Windstream 401(k) Plan $1.3B · 9,409

Compare Summit Utilities, Inc. 401(k) Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

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

Steel Affiliates 401(k) Profit Sharing Plan (TX) $100M · 1,586
Brandenburg Industrial Service Company Profit Sharing and 401(k) Plan (IL) $100M · 178
Gildan 401(k) Plan (NC) $100M · 2,525
Delta Dental of Washington Savings Plan (WA) $100M · 477

Frequently Asked Questions

How did Summit Utilities, Inc. 401(k) Plan assets move in 2024? ▼

Summit Utilities, Inc. 401(k) Plan grew sharply - up 25.4% during 2024, from $80M to $100M. Reported net income was $20M.

How have Summit Utilities, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Summit Utilities, Inc.'s sponsor-wide assets grew 68.4%, from $59M to $100M.

Where does Summit Utilities, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼

Summit Utilities, Inc. 401(k) Plan ranks in the 90th 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 Utilities, Inc. 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Steel Affiliates 401(k) Profit Sharing Plan in TX ($100M, 1,586 participants).

Next read for Summit Utilities, Inc. 401(k) Plan

Filing takeaways

Ways to act on Summit Utilities, Inc. 401(k) Plan's numbers.

By total assets, Summit Utilities, Inc. 401(k) Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Arkansas. Compare plans
Summit Utilities, Inc.'s sponsor-wide assets have grown 68.4% since 2022 across 3 plan years on file. More Utilities 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 200929645.