401(k) · DOL Form 5500 · 2024

Summit Interconnect, Inc. 401(k) Plan

Data updated 2026-08-25

$24M
Total assets Small plan by assets
948
Participants Near avg headcount
73rd
Percentile by assets National rank
$24,948
Avg per participant Low balance/head
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Official DOL plan name: Summit 401(k) Plan · Sponsored by Summit Interconnect, Inc. · California · Manufacturing

$24M in assets, 948 participants

Summit Interconnect, Inc.'s Summit 401(k) Plan reported $24M in total assets and 948 participants in its 2024 DOL Form 5500 filing, ranking in the 73rd 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.

  • #11,297 in Manufacturing (17,777 peers)

Summit Interconnect, Inc. multi-year trail

Summit Interconnect, Inc.'s plans moved +137.7% in assets from 2022 to 2024; this filing shows Summit 401(k) Plan at $24M / 948 participants.

#11,297
in Manufacturing (17,777 peers)
+43.1%
assets growth YoY

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

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

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

$23,650,742 Top 27% higher than 73% 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 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 401(k) Plan sits mid-pack in the medium band (948 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Summit 401(k) Plan end-of-year assets rose from $17M in the plan year 2023 filing to $24M in the plan year 2024 filing.
  • Summit 401(k) Plan reported participants rose from 686 in the plan year 2023 filing to 948 in the plan year 2024 filing.
  • Summit 401(k) Plan reported net income rose from $7M in the plan year 2023 filing to $7M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 811924376 · Summit Interconnect, Inc. PY 2024 · 401(k)

Summit 401(k) Plan · $24M · 948 · 73rd

  • RANK $24M
  • RANK 948
  • RANK 73rd
  • RANK 401(k)
  • RANK near The Engineered Wood Association 401(k) Retirement Savings Plan and Trust
  • RANK ind #11297

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 California →

Summit 401(k) Plan in the asset neighbourhood

Summit 401(k) Plan$24MThe Engineered Wood Association 401(k) Retirement Savings Plan and TrustThe Engineered Wood Associat…$24MGf Health Products, Inc. Employees 401(k) PlanGf Health Products, Inc. Emp…$24MEnglert, Inc. Profit Sharing Plan & TrustEnglert, Inc. Profit Sharing…$24MEducation Loan Finance, Inc 401(k) PlanEducation Loan Finance, Inc …$24M
End-of-year total assets ($M) among Summit 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Summit Interconnect, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Summit Interconnect, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$24M 137.66150426470944% vs 2022
2024 filing year
$5M$10M$15M$20M$25M$30M 202220232024 $9.95M $23.7M ▲ +137.7%
Year Plans Participants Total Assets
2022 1 614 $10M
2023 1 686 $17M
2024 1 948 $24M

Summit Interconnect, Inc. filing trail (2024)

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$24M
Net Income$7M
Employer EIN811924376
Plan Effective Date1997-03-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in California

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

Summit 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Summit 401(k) Plan, Total assets ($B): 0.023650742 · Participants: 948Summit 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 48.738057415 · Participants: 116712Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 31.02646504 · Participants: 58962Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 24.850880304 · Participants: 55298Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 24.714519387 · Participants: 101450Apple 401(k) PlanCisco Systems,Inc. 401(k) Plan, Total assets ($B): 22.728425546 · Participants: 40452Cisco Systems,Inc. 401(k) Plan
Summit 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

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

Outside California, the nearest 401(k) by assets is The Engineered Wood Association 401(k) Retirement Savings Plan and Trust in WA ($24M); by covered participants it is Atlantic Constructors, Inc. 401(k) Plan in VA (948 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (948 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 401(k) Plan assets move in 2024?
Summit 401(k) Plan surged - up 43.1% during 2024, from $17M to $24M. Reported net income was $7M.
How have Summit Interconnect, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Summit Interconnect, Inc.'s sponsor-wide assets grew 137.7%, from $10M to $24M.
Which 401(k) plans are similar in size to Summit 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is The Engineered Wood Association 401(k) Retirement Savings Plan and Trust in WA ($24M, 70 participants).
Which 401(k) plans cover a similar participant headcount to Summit 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Atlantic Constructors, Inc. 401(k) Plan in VA (948 participants, $29M in assets).