401(k) · DOL Form 5500 · 2024

Summit Biosciences, Inc. 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets: 125
Participants Small participant base: 43rd
Percentile by assets National rank: $42,995
Avg per participant Low balance/head

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Official DOL plan name: Summit Biosciences 401(k) Plan · Sponsored by Summit Biosciences, Inc. · Kentucky · Manufacturing

$5M in assets, 125 participants

Summit Biosciences, Inc.'s Summit Biosciences 401(k) Plan reported $5M in total assets and 125 participants in its 2024 DOL Form 5500 filing, ranking in the 43rd 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.

#4,692 in Manufacturing (17,777 peers)

Coverage in Kentucky

Summit Biosciences 401(k) Plan covers 125 participants in Kentucky, about 19% of the average Kentucky filer (state average ~647 per filing). Assets: $5M.

#4,692
in Manufacturing (17,777 peers): +7.1%
assets growth YoY

Summit Biosciences 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

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

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

$5,374,360 43rd percentile higher than 43% 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 Biosciences 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 Biosciences 401(k) Plan sits mid-pack in the medium band (125 participants).

Micro (1-10) 33,766 filings (27%) Small (11-100) 26,107 filings (21%) Medium (101-1,000) 54,251 filings (43%) Large (1,001-10,000) 10,349 filings (8%) Mega (10,000+) 1,399 filings (1%)

Summit Biosciences 401(k) Plan reported net income fell from $1M in the plan year 2023 filing to $358K in the plan year 2024 filing.
Summit Biosciences 401(k) Plan end-of-year assets rose from $5M in the plan year 2023 filing to $5M in the plan year 2024 filing.
Summit Biosciences 401(k) Plan reported participants fell from 128 in the plan year 2023 filing to 125 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 271252863 · Summit Biosciences, Inc. PY 2024 · 401(k)

Summit Biosciences 401(k) Plan · $5M · 125 · 43rd

5500 $5M
5500 125
5500 43rd
5500 401(k)
5500 near Unified Terminal Services LLC
5500 ind #4692

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 Kentucky →

End-of-year total assets ($M) among Summit Biosciences 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Kentucky filing particulars

Total Assets (Beginning of Year)	$5M
Net Assets (End of Year)	$5M
Net Income	$358K
Employer EIN	271252863
Plan Effective Date	2019-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Summit Biosciences, Inc.)

Latest sponsor-wide plan assets: $5M 46.31820908054123% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	125	$4M
2023	1	128	$5M
2024	2	251	$5M

Nearby 401(k) Plans in Kentucky

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

Summit Biosciences 401(k) Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants

Commonspirit Health 401(k) Retirement Savings Plan $8.8B · 90,345
Humana Retirement Savings Plan $7.7B · 45,706
UPS/Ipa 401(k) Savings Plan $1.5B · 3,064
Scionhealth 401(k) Plan $1.3B · 23,753
Lexmark Savings Plan $1.2B · 1,919

Compare Summit Biosciences 401(k) Plan side-by-side with 3 peers →

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

Outside Kentucky, the nearest 401(k) by assets is Unified Terminal Services LLC in SC ($5M); by covered participants it is Portland Forge Interim Manufacturing Plan in IN (125 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($5M here).

Unified Terminal Services LLC (SC) $5M · 107
Integra Technologies, Inc. Retirement Plan (CA) $5M · 84
Texas Time Express, Inc. 401(k) Plan (TX) $5M · 45
M & J Management Group Employees 401(k) Plan (PA) $5M · 217

Similar participant headcount

Nearest other-state filings by covered participants (125 participants); asset peers above are excluded.

Portland Forge Interim Manufacturing Plan (IN) 125 · 0 off
La Tavola 401(k) Profit Sharing Plan & Trust (CA) 125 · 0 off
Chariot Transit Inc. 401(k) Plan (MI) 125 · 0 off
Bmw Fresno 401(k) Plan (CA) 125 · 0 off

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 Biosciences 401(k) Plan assets move in 2024? ▼

Summit Biosciences 401(k) Plan grew at a solid clip - up 7.1% during 2024, from $5M to $5M. Reported net income was $358K.

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

Across 3 plan years on file (2022-2024), Summit Biosciences, Inc.'s sponsor-wide assets grew 46.3%, from $4M to $5M.

Which 401(k) plans are similar in size to Summit Biosciences 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Unified Terminal Services LLC in SC ($5M, 107 participants).

Which 401(k) plans cover a similar participant headcount to Summit Biosciences 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Portland Forge Interim Manufacturing Plan in IN (125 participants, $2M 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 271252863.