401(k) · DOL Form 5500 · 2024

1st Summit Bancorp 401(k) Plan

Data updated 2026-08-25

$24M
Total assets Small plan by assets
230
Participants Below avg headcount
74th
Percentile by assets National rank
$105,259
Avg per participant Below avg balance/head
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Official DOL plan name: 1st Summit Bancorp Capital Accumulation Plan · Sponsored by 1st Summit Bancorp · Pennsylvania · Finance & Insurance

$24M in assets, 230 participants

1st Summit Bancorp's 1st Summit Bancorp Capital Accumulation Plan reported $24M in total assets and 230 participants in its 2024 DOL Form 5500 filing, ranking in the 74th 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.

  • #5,120 in Finance & Insurance (8,549 peers)

Coverage in Pennsylvania

1st Summit Bancorp Capital Accumulation Plan covers 230 participants in Pennsylvania, about 28% of the average Pennsylvania filer (state average ~822 per filing). Assets: $24M.

#5,120
in Finance & Insurance (8,549 peers)
-0.7%
assets change YoY

The plan reported a net loss of $704K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

1st Summit Bancorp Capital Accumulation Plan's outsized position by total assets

1st Summit Bancorp Capital Accumulation Plan vs every filed plan by assets

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

$24,209,642 Top 26% higher than 74% 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

1st Summit Bancorp Capital Accumulation 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. 1st Summit Bancorp Capital Accumulation Plan sits mid-pack in the medium band (230 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • 1st Summit Bancorp Capital Accumulation Plan reported net income rose from -$3M in the plan year 2023 filing to -$704K in the plan year 2024 filing.
  • 1st Summit Bancorp Capital Accumulation Plan reported participants fell from 243 in the plan year 2023 filing to 230 in the plan year 2024 filing.
  • 1st Summit Bancorp Capital Accumulation Plan end-of-year assets fell from $24M in the plan year 2023 filing to $24M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 251619855 · 1st Summit Bancorp PY 2024 · 401(k)

1st Summit Bancorp Capital Accumulation Plan · $24M · 230 · 74th

  • PCT $24M
  • PCT 230
  • PCT 74th
  • PCT 401(k)
  • PCT near Navajo Nation Gaming Enterprise 401(k) Savings Plan
  • PCT ind #5120

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 Finance & Insurance retirement plans → · Plans in Pennsylvania →

1st Summit Bancorp Capital Accumulation Plan in the asset neighbourhood

1st Summit Bancorp Capital Accumulation Plan1st Summit Bancorp Capital A…$24MNavajo Nation Gaming Enterprise 401(k) Savings PlanNavajo Nation Gaming Enterpr…$24MLexipol Company Retirement Readiness 401(k) PlanLexipol Company Retirement R…$24MJay S. Raju, M.D., Inc. Profit Sharing PlanJay S. Raju, M.D., Inc. Prof…$24MPowerhouse Management 401(k) PlanPowerhouse Management 401(k)…$24M
End-of-year total assets ($M) among 1st Summit Bancorp Capital Accumulation Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$24M
Net Income-$704K
Employer EIN251619855
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (1st Summit Bancorp)

Sponsor-wide plan assets over time

All 1st Summit Bancorp plans reported in each filing year

Latest sponsor-wide plan assets
$24M 10.09187735875368% vs 2022
2024 filing year
$23M$24M$25M$26M$27M$28M 202220232024 $26.9M $24.2M ▼ -10.1%
Year Plans Participants Total Assets
2022 1 248 $27M
2023 1 243 $24M
2024 1 230 $24M

Nearby 401(k) Plans in Pennsylvania

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

1st Summit Bancorp Capital Accumulation Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants 1st Summit Bancorp Capital Accumulation Plan, Total assets ($B): 0.024209642 · Participants: 2301st Summit Bancorp Capital Accumulation PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 19.687957793 · Participants: 90495Comcast Corporation Retirement - Investment PlanThe Cigna Group 401(k) Plan, Total assets ($B): 14.20308608 · Participants: 63634The Cigna Group 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 11.084818612 · Participants: 18066The Vanguard Retirement and Savings PlanThermo Fisher Scientific Inc. 401(k) Retirement Plan, Total assets ($B): 10.263366209 · Participants: 36150Thermo Fisher Scientific Inc. 401(k) Retirement PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 10.189629 · Participants: 54604The PNC Financial Services Group, Inc. Incentive Savings Plan
1st Summit Bancorp Capital Accumulation Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

1st Summit Bancorp Capital Accumulation Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Navajo Nation Gaming Enterprise 401(k) Savings Plan in NM ($24M); by covered participants it is Versa Press Inc Employees Retirement Plan and Trust in IL (230 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (230 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 1st Summit Bancorp Capital Accumulation Plan assets move in 2024?
1st Summit Bancorp Capital Accumulation Plan held essentially flat - down 0.7% during 2024, from $24M to $24M. Reported net income was -$704K.
How have 1st Summit Bancorp plan assets changed over time?
Across 3 plan years on file (2022-2024), 1st Summit Bancorp's sponsor-wide assets declined 10.1%, from $27M to $24M.
Which 401(k) plans are similar in size to 1st Summit Bancorp Capital Accumulation Plan?
Among 401(k) plans in other states, the closest by assets is Navajo Nation Gaming Enterprise 401(k) Savings Plan in NM ($24M, 1,086 participants).
Which 401(k) plans cover a similar participant headcount to 1st Summit Bancorp Capital Accumulation Plan?
Among 401(k) plans in other states, the closest by covered participants is Versa Press Inc Employees Retirement Plan and Trust in IL (230 participants, $39M in assets).