401(k) · DOL Form 5500 · 2024

Summit Handling Systems, Inc. 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
127
Participants Small participant base
59th
Percentile by assets National rank
$93,187
Avg per participant Below avg balance/head
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Official DOL plan name: Summit Handling Systems, Inc.401(k) Profit Sharing Plan · Sponsored by Summit Handling Systems, Inc. · Connecticut · Manufacturing

$12M in assets, 127 participants

Summit Handling Systems, Inc.'s Summit Handling Systems, Inc.401(k) Profit Sharing Plan reported $12M in total assets and 127 participants in its 2024 DOL Form 5500 filing, ranking in the 59th 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.

  • #8,185 in Manufacturing (17,777 peers)

Coverage in Connecticut

Summit Handling Systems, Inc.401(k) Profit Sharing Plan covers 127 participants in Connecticut, about 18% of the average Connecticut filer (state average ~718 per filing). Assets: $12M.

#8,185
in Manufacturing (17,777 peers)
+5.6%
assets growth YoY

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

Summit Handling Systems, Inc.401(k) Profit Sharing Plan vs every filed plan by assets

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

$11,834,723 Top 41% higher than 59% 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 Handling Systems, Inc.401(k) Profit Sharing 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 Handling Systems, Inc.401(k) Profit Sharing Plan sits mid-pack in the medium band (127 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Summit Handling Systems, Inc.401(k) Profit Sharing Plan reported net income fell from $2M in the plan year 2023 filing to $626K in the plan year 2024 filing.
  • Summit Handling Systems, Inc.401(k) Profit Sharing Plan end-of-year assets rose from $11M in the plan year 2023 filing to $12M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 060789485 · Summit Handling Systems, Inc. PY 2024 · 401(k)

Summit Handling Systems, Inc.401(k) Profit Sharing Plan · $12M · 127 · 59th

  • EIN $12M
  • EIN 127
  • EIN 59th
  • EIN 401(k)
  • EIN near Fruit Center, Inc. 401(k) Profit Sharing Plan
  • EIN ind #8185

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 Manufacturing retirement plans → · Plans in Connecticut →

Summit Handling Systems, Inc.401(k) Profit Sharing Plan in the asset neighbourhood

Tallman Equipment Co., Inc. Retirement Plan & TrustTallman Equipment Co., Inc. …$12MSummit Handling Systems, Inc.401(k) Profit Sharing PlanSummit Handling Systems, Inc…$12MFruit Center, Inc. 401(k) Profit Sharing PlanFruit Center, Inc. 401(k) Pr…$12MGrossman Roth Yaffa Cohen, P.a. 401(k) Profit Sharing PlanGrossman Roth Yaffa Cohen, P…$12MBruce Gendelman Co., Inc. 401(k) PlanBruce Gendelman Co., Inc. 40…$12M
End-of-year total assets ($M) among Summit Handling Systems, Inc.401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Connecticut filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$12M
Net Income$626K
Employer EIN060789485
Plan Effective Date1993-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Summit Handling Systems, Inc.)

Sponsor-wide plan assets over time

All Summit Handling Systems, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$12M 22.179474751203834% vs 2022
2024 filing year
$9M$10M$11M$12M$13M 202220232024 $9.69M $11.8M ▲ +22.1%
Year Plans Participants Total Assets
2022 1 116 $10M
2023 1 128 $11M
2024 1 127 $12M

Nearby 401(k) Plans in Connecticut

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

Summit Handling Systems, Inc.401(k) Profit Sharing Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Summit Handling Systems, Inc.401(k) Profit Sharing Plan, Total assets ($B): 0.011834723 · Participants: 127Summit Handling Systems, Inc.401(k) Profit Sharing PlanRtx Savings Plan, Total assets ($B): 58.647425 · Participants: 124876Rtx Savings PlanCiti Retirement Savings Plan, Total assets ($B): 23.241033081 · Participants: 78741Citi Retirement Savings PlanThe Hartford Investment and Savings Plan, Total assets ($B): 7.183243 · Participants: 18614The Hartford Investment and Savings PlanEversource 401(k) Plan, Total assets ($B): 4.046347175 · Participants: 10041Eversource 401(k) PlanXerox Corporation Savings Plan, Total assets ($B): 3.976943 · Participants: 9876Xerox Corporation Savings Plan
Summit Handling Systems, Inc.401(k) Profit Sharing Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants
Compare Summit Handling Systems, Inc.401(k) Profit Sharing Plan side-by-side with 3 peers →

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

Outside Connecticut, the nearest 401(k) by assets is Fruit Center, Inc. 401(k) Profit Sharing Plan in MA ($12M); by covered participants it is Anesthesia Consultants of Indianapolis, LLC 401(k) Profit Sharing Plan in IN (127 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (127 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 Handling Systems, Inc.401(k) Profit Sharing Plan assets move in 2024? ▼
Summit Handling Systems, Inc.401(k) Profit Sharing Plan grew at a solid clip - up 5.6% during 2024, from $11M to $12M. Reported net income was $626K.
How have Summit Handling Systems, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Summit Handling Systems, Inc.'s sponsor-wide assets grew 22.2%, from $10M to $12M.
Which 401(k) plans are similar in size to Summit Handling Systems, Inc.401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Fruit Center, Inc. 401(k) Profit Sharing Plan in MA ($12M, 125 participants).
Which 401(k) plans cover a similar participant headcount to Summit Handling Systems, Inc.401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Anesthesia Consultants of Indianapolis, LLC 401(k) Profit Sharing Plan in IN (127 participants, $114M 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 060789485.

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.