401(k) · DOL Form 5500 · 2024
Summit Group, LLC 401(k) Plan
Data updated 2026-08-25
- $19M
- Total assets Small plan by assets
- 117
- Participants Small participant base
- 69th
- Percentile by assets National rank
- $161,926
- Avg per participant Above avg balance/head
Official DOL plan name: Summit Group, LLC 401(k) Plan · Sponsored by Summit Group, LLC · Maryland · Professional & Technical Services
$19M in assets, 117 participants
Summit Group, LLC's Summit Group, LLC 401(k) Plan reported $19M in total assets and 117 participants in its 2024 DOL Form 5500 filing, ranking in the 69th 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.
- #13,789 in Professional & Technical Services (20,173 peers)
Coverage in Maryland
Summit Group, LLC 401(k) Plan covers 117 participants in Maryland, about 13% of the average Maryland filer (state average ~929 per filing). Assets: $19M.
- #13,789
- in Professional & Technical Services (20,173 peers)
- +13.8%
- assets growth YoY
Summit Group, LLC 401(k) Plan's outsized position by total assets
Summit Group, LLC 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$18,945,390 Top 31% higher than 69% 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 Group, LLC 401(k) 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 Group, LLC 401(k) Plan sits mid-pack in the medium band (117 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Summit Group, LLC 401(k) Plan reported net income rose from $1M in the plan year 2023 filing to $2M in the plan year 2024 filing.
- Summit Group, LLC 401(k) Plan end-of-year assets rose from $17M in the plan year 2023 filing to $19M in the plan year 2024 filing.
- Summit Group, LLC 401(k) Plan reported participants fell from 124 in the plan year 2023 filing to 117 in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 800589384 · Summit Group, LLC PY 2024 · 401(k)
Summit Group, LLC 401(k) Plan · $19M · 117 · 69th
- NET $19M
- NET 117
- NET 69th
- NET 401(k)
- NET near Long View Systems 401(k)Plan
- NET ind #13789
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 Professional & Technical Services retirement plans → · Plans in Maryland →
Summit Group, LLC 401(k) Plan in the asset neighbourhood
Maryland filing particulars
| Total Assets (Beginning of Year) | $17M |
|---|---|
| Net Assets (End of Year) | $19M |
| Net Income | $2M |
| Employer EIN | 800589384 |
| Plan Effective Date | 2011-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Summit Group, LLC)
Sponsor-wide plan assets over time
All Summit Group, LLC plans reported in each filing year
- Latest sponsor-wide plan assets
- $19M 23.609519400814456% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 103 | $15M |
| 2023 | 1 | 124 | $17M |
| 2024 | 1 | 117 | $19M |
Nearby 401(k) Plans in Maryland
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Lockheed Martin Corporation Salaried Savings Plan $51.4B · 96,812
- Marriott Retirement Savings Plan $11.7B · 101,417
- T. Rowe Price U.S. Retirement Program $4.9B · 6,639
- Nfl Player Second Career Savings Plan $4.1B · 2,771
- Lockheed Martin Corporation Performance Sharing Plan for Bargaining Employees $3.0B · 18,370
Summit Group, LLC 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside Maryland, the nearest 401(k) by assets is Long View Systems 401(k)Plan in CO ($19M); by covered participants it is Quality Beverage 401(k) Plan in MA (117 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($19M here).
- Long View Systems 401(k)Plan (CO) $19M · 160
- Moyer & Son, Inc. 401(k) Plan (PA) $19M · 226
- Mazak Optonics Corporation 401(k) Plan (IL) $19M · 127
- West Coast Code Consultants Inc. 401(k) Plan (CA) $19M · 114
Similar participant headcount
Nearest other-state filings by covered participants (117 participants); asset peers above are excluded.
- Quality Beverage 401(k) Plan (MA) 117 · 0 off
- Skytap, Inc. Retirement Plan (WA) 117 · 0 off
- International Biomedical Employee's Profit Sharing Plan (TX) 117 · 0 off
- Williams-Keepers LLC 401(k) Plan (MO) 117 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.