Other · DOL Form 5500 · 2024

Summit Plastics, Inc. Retirement Plan

Data updated 2026-08-11

$19M
Total assets
279
Participants
69th
Percentile by assets
$68,608
Avg per participant
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Official DOL plan name: Employee Benefit Plan of Summit Plastics, Inc. · Sponsored by Summit Plastics, Inc. · Mississippi · Manufacturing

$19M in assets, 279 participants

Summit Plastics, Inc.'s Employee Benefit Plan of Summit Plastics, Inc. reported $19M in total assets and 279 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.

  • 69th percentile by assets (of 123,622 plans)
  • #10,437 in Manufacturing (17,777 peers)

2024 asset change

Employee Benefit Plan of Summit Plastics, Inc. grew at a solid clip 9.8% in 2024 ($17M → $19M) for 279 participants.

$19M
total plan assets (2024 EOY)
279
covered participants
69th
percentile by assets (of 123,622 plans)
$68,608
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Employee Benefit Plan of Summit Plastics, Inc. reported participants rose from 203 in the plan year 2023 filing to 279 in the plan year 2024 filing.
  • Employee Benefit Plan of Summit Plastics, Inc. end-of-year assets rose from $17M in the plan year 2023 filing to $19M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

2024 asset move for Employee Benefit Plan of Summit Plastics, Inc.

Year over year, total assets grew at a solid clip from $17M at the start of 2024 to $19M at year-end (up 9.8%). Net assets closed at $19M; reported net income $2M.

Summit Plastics, Inc. years around the 2024 move

$17M$18M$19M$20M 20232024 $17.4M $19.1M ▲ +9.8%
Total plan assets by year, all Summit Plastics, Inc. plans on file
Year Plans Participants Total Assets
2023 1 203 $17M
2024 1 279 $19M

2024 asset-move particulars

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$19M
Net Income$2M
Employer EIN640850117
Plan Effective Date1983-12-01
Filing StatusFILING RECEIVED

Nearby Other Plans in Mississippi

Peer Other plans, same state, same plan type, ranked by total assets.

Employee Benefit Plan of Summit Plastics, Inc. vs. nearby Other plans in Mississippi, assets vs. participants

Employee Benefit Plan of Summit Plastics, Inc. vs. nearby Other plans in Mississippi, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -1000100200300400500 Total assets ($M) Participants Employee Benefit Pla…North Mississippi He…Mississippi Methodis…King's Daughters Med…Anderson Regional Me…Canopy Children's So…
Employee Benefit Plan of Summit Plastics, Inc. vs. nearby Other plans in Mississippi, assets vs. participants

Similar-Sized Other Plans Nationally

Other plans in other states closest to Employee Benefit Plan of Summit Plastics, Inc. by total assets, not by location.

Frequently Asked Questions

How did Employee Benefit Plan of Summit Plastics, Inc. assets move in 2024?
Employee Benefit Plan of Summit Plastics, Inc. grew at a solid clip - up 9.8% during 2024, from $17M to $19M. Reported net income was $2M.
How have Summit Plastics, Inc. plan assets changed over time?
Across 2 plan years on file (2023-2024), Summit Plastics, Inc.'s sponsor-wide assets grew 9.8%, from $17M to $19M.
Which Other plans are similar in size to Employee Benefit Plan of Summit Plastics, Inc.?
Among Other plans in other states, the closest by assets is Keys School DC Plan in CA ($19M, 78 participants).

Next read for Employee Benefit Plan of Summit Plastics…

2024 change

Ways to act on Employee Benefit Plan of Summit Plastics, Inc.'s numbers.