401(k) · DOL Form 5500 · 2024

Summit Orthopedics, Ltd. 401(k) Plan

Data updated 2026-08-25

$153M
Total assets Near avg plan size
1,096
Participants Near avg headcount
93rd
Percentile by assets National rank
$139,867
Avg per participant Near avg balance/head
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Official DOL plan name: Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan · Sponsored by Summit Orthopedics, Ltd. · Minnesota · Healthcare & Social Assistance

$153M in assets, 1,096 participants

Summit Orthopedics, Ltd.'s Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan reported $153M in total assets and 1,096 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.

  • #15,877 in Healthcare & Social Assistance (16,916 peers)

Where Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan sits by assets

Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan sits in the top 10% of all filed plans by assets, $153M for 1,096 participants (~$139,867/participant), up 15.4% in 2024.

#15,877
in Healthcare & Social Assistance (16,916 peers)
+15.4%
assets growth YoY
1.5×
vs typical plan assets (national mean)

Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan's outsized position by total assets

Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$153,293,934 Top 7% higher than 93% 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 Orthopedics, Ltd. 401(k) Profit Sharing Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan lands in the large band (1,096 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan end-of-year assets rose from $133M in the plan year 2023 filing to $153M in the plan year 2024 filing.
  • Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan reported net income fell from $24M in the plan year 2023 filing to $20M in the plan year 2024 filing.
  • Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan reported participants rose from 1,074 in the plan year 2023 filing to 1,096 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 411762331 · Summit Orthopedics, Ltd. PY 2024 · 401(k)

Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan · $153M · 1,096 · 93rd

  • BOOK $153M
  • VS-ST 1,096
  • BOY 93rd
  • SCH 401(k)
  • EBSA near Healogics, LLC. 401(k) Plan
  • PART ind #15877

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 Healthcare & Social Assistance retirement plans → · Plans in Minnesota →

Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan in the asset neighbourhood

Hillyard 401(k) Plan$153MNy Hotels Trades Council & Assn. of Nyc, Inc Employee Benefit Funds Staff Retirement Plan and TrustNy Hotels Trades Council & A…$153MOrthotennessee 401(k) Plan$153MSummit Orthopedics, Ltd. 401(k) Profit Sharing PlanSummit Orthopedics, Ltd. 401…$153MHealogics, LLC. 401(k) Plan$153M
End-of-year total assets ($M) among Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$133M
Net Assets (End of Year)$153M
Net Income$20M
Employer EIN411762331
Plan Effective Date1995-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Summit Orthopedics, Ltd.)

Sponsor-wide plan assets over time

All Summit Orthopedics, Ltd. plans reported in each filing year

Latest sponsor-wide plan assets
$153M 41.07008943056466% vs 2022
2024 filing year
$100M$120M$140M$160M 202220232024 $109M $153M ▲ +41.1%
Year Plans Participants Total Assets
2022 1 961 $109M
2023 1 1,074 $133M
2024 1 1,096 $153M

Nearby 401(k) Plans in Minnesota

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

Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan, Total assets ($B): 0.153293934 · Participants: 1096Summit Orthopedics, Ltd. 401(k) Profit Sharing PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan side-by-side with 3 peers →

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

Outside Minnesota, the nearest 401(k) by assets is Healogics, LLC. 401(k) Plan in FL ($153M); by covered participants it is Employee Owned Brands, Inc. 401(k) Plan in IA (1,096 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($153M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,096 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 Orthopedics, Ltd. 401(k) Profit Sharing Plan assets move in 2024? ▼
Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan grew sharply - up 15.4% during 2024, from $133M to $153M. Reported net income was $20M.
How have Summit Orthopedics, Ltd. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Summit Orthopedics, Ltd.'s sponsor-wide assets grew 41.1%, from $109M to $153M.
Where does Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan ranks in the 93rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Healogics, LLC. 401(k) Plan in FL ($153M, 2,728 participants).
Which 401(k) plans cover a similar participant headcount to Summit Orthopedics, Ltd. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Employee Owned Brands, Inc. 401(k) Plan in IA (1,096 participants, $66M 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 411762331.

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.