401(k) · DOL Form 5500 · 2024

Summit Physician Specialists, P.C. 401(k) Plan

Data updated 2026-08-25

$83M
Total assets Below avg plan size
108
Participants Small participant base
89th
Percentile by assets National rank
$765,678
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Summit Physician Specialists Retirement Plan · Sponsored by Summit Physician Specialists, P.C. · Utah · Healthcare & Social Assistance

$83M in assets, 108 participants

Summit Physician Specialists, P.C.'s Summit Physician Specialists Retirement Plan reported $83M in total assets and 108 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.

  • #15,297 in Healthcare & Social Assistance (16,916 peers)

Coverage in Utah

Summit Physician Specialists Retirement Plan covers 108 participants in Utah, about 18% of the average Utah filer (state average ~592 per filing). Assets: $83M.

#15,297
in Healthcare & Social Assistance (16,916 peers)
+22.8%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Summit Physician Specialists Retirement Plan's outsized position by total assets

Summit Physician Specialists Retirement Plan vs every filed plan by assets

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

$82,693,273 Top 11% higher than 89% 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 Physician Specialists Retirement Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Summit Physician Specialists Retirement Plan sits mid-pack in the medium band (108 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Summit Physician Specialists Retirement Plan reported net income rose from $7M in the plan year 2023 filing to $15M in the plan year 2024 filing.
  • Summit Physician Specialists Retirement Plan end-of-year assets rose from $67M in the plan year 2023 filing to $83M in the plan year 2024 filing.
  • Summit Physician Specialists Retirement Plan reported participants rose from 95 in the plan year 2023 filing to 108 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 814233178 · Summit Physician Specialists, P.C. PY 2024 · 401(k)

Summit Physician Specialists Retirement Plan · $83M · 108 · 89th

  • 5500 $83M
  • 5500 108
  • 5500 89th
  • 5500 401(k)
  • 5500 near Baton Rouge Orthopaedic Clinic, LLC Profit Sharing Plan and Trust
  • 5500 ind #15297

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 Healthcare & Social Assistance retirement plans → · Plans in Utah →

Summit Physician Specialists Retirement Plan in the asset neighbourhood

Universal Property & Casualty 401(k) Profit Sharing PlanUniversal Property & Casualt…$83M401(k) Plan for Dfh Companies$83MSummit Physician Specialists Retirement PlanSummit Physician Specialists…$83MBaton Rouge Orthopaedic Clinic, LLC Profit Sharing Plan and TrustBaton Rouge Orthopaedic Clin…$83MCutco Cutlery Corporation Hourly Savings PlanCutco Cutlery Corporation Ho…$83M
End-of-year total assets ($M) among Summit Physician Specialists Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Utah filing particulars

Total Assets (Beginning of Year)$67M
Net Assets (End of Year)$83M
Net Income$15M
Employer EIN814233178
Plan Effective Date2017-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Summit Physician Specialists, P.C.)

Sponsor-wide plan assets over time

All Summit Physician Specialists, P.C. plans reported in each filing year

Latest sponsor-wide plan assets
$83M 36.631011222944885% vs 2022
2024 filing year
$50M$60M$70M$80M$90M 202220232024 $60.5M $82.7M ▲ +36.6%
Year Plans Participants Total Assets
2022 1 93 $61M
2023 1 95 $67M
2024 1 108 $83M

Nearby 401(k) Plans in Utah

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

Summit Physician Specialists Retirement Plan vs. nearby 401(k) plans in Utah, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -202468 Total assets ($B) Participants Summit Physician Specialists Retirement Plan, Total assets ($B): 0.082693273 · Participants: 108Summit Physician Specialists Retirement PlanIntermountain Health 401(k) Plan, Total assets ($B): 6.832891 · Participants: 68360Intermountain Health 401(k) PlanDeseret 401(k) Plan, Total assets ($B): 6.145738842 · Participants: 25301Deseret 401(k) PlanZions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan, Total assets ($B): 1.885575832 · Participants: 9972Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership PlanSkywest, Inc. Employees' Retirement Plan, Total assets ($B): 1.420052359 · Participants: 14259Skywest, Inc. Employees' Retirement PlanRio Tinto America Inc. 401(k) Savings Plan and Investment Partnership Plan, Total assets ($B): 0.686992924 · Participants: 1926Rio Tinto America Inc. 401(k) Savings Plan and Investment Partnership Plan
Summit Physician Specialists Retirement Plan vs. nearby 401(k) plans in Utah, assets vs. participants
Compare Summit Physician Specialists Retirement Plan side-by-side with 3 peers →

Summit Physician Specialists Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Utah, the nearest 401(k) by assets is Baton Rouge Orthopaedic Clinic, LLC Profit Sharing Plan and Trust in LA ($83M); by covered participants it is El Centro De Corazon 401(k) Profit Sharing Plan and Trust in TX (108 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (108 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 Physician Specialists Retirement Plan assets move in 2024? ▼
Summit Physician Specialists Retirement Plan grew sharply - up 22.8% during 2024, from $67M to $83M. Reported net income was $15M.
How have Summit Physician Specialists, P.C. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Summit Physician Specialists, P.C.'s sponsor-wide assets grew 36.6%, from $61M to $83M.
Where does Summit Physician Specialists Retirement Plan rank by assets among Form 5500 filers? ▼
Summit Physician Specialists Retirement Plan ranks in the 89th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Summit Physician Specialists Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Baton Rouge Orthopaedic Clinic, LLC Profit Sharing Plan and Trust in LA ($83M, 323 participants).
Which 401(k) plans cover a similar participant headcount to Summit Physician Specialists Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is El Centro De Corazon 401(k) Profit Sharing Plan and Trust in TX (108 participants, $4M 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 814233178.

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.