401(k) · DOL Form 5500 · 2024

Summit Property Ventures Inc. 401(k) Plan

Data updated 2026-08-25

$80K
Total assets Small plan by assets
2
Participants Small participant base
5th
Percentile by assets National rank
$40,196
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Summit Property Ventures Inc. 401(k) Plan · Sponsored by Summit Property Ventures Inc. · Massachusetts · Construction

$80K in assets, 2 participants

Summit Property Ventures Inc.'s Summit Property Ventures Inc. 401(k) Plan reported $80K in total assets and 2 participants in its 2024 DOL Form 5500 filing, ranking in the 5th 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.

  • #414 in Construction (9,039 peers)

Summit Property Ventures Inc. multi-year trail

Summit Property Ventures Inc.'s plans moved -94.5% in assets from 2022 to 2024; this filing shows Summit Property Ventures Inc. 401(k) Plan at $80K / 2 participants.

#414
in Construction (9,039 peers)
-93.2%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Summit Property Ventures Inc. 401(k) Plan among the smaller filed plans by assets

Summit Property Ventures Inc. 401(k) Plan vs every filed plan by assets

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

$80,391 5th percentile higher than 5% 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 Property Ventures Inc. 401(k) Plan among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Summit Property Ventures Inc. 401(k) Plan is a micro filing (2 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Summit Property Ventures Inc. 401(k) Plan reported net income fell from -$290K in the plan year 2023 filing to -$1M in the plan year 2024 filing.
  • Summit Property Ventures Inc. 401(k) Plan end-of-year assets fell from $1M in the plan year 2023 filing to $80K in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 261216000 · Summit Property Ventures Inc. PY 2024 · 401(k)

Summit Property Ventures Inc. 401(k) Plan · $80K · 2 · 5th

  • EBSA $80K
  • EBSA 2
  • EBSA 5th
  • EBSA 401(k)
  • EBSA near Marsh Ventures Inc 401(k) Profit Sharing Plan & Trust
  • EBSA ind #414

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 Construction retirement plans → · Plans in Massachusetts →

Summit Property Ventures Inc. 401(k) Plan in the asset neighbourhood

Summit Property Ventures Inc. 401(k) PlanSummit Property Ventures Inc…$80KMarsh Ventures Inc 401(k) Profit Sharing Plan & TrustMarsh Ventures Inc 401(k) Pr…$80KFlorkowski Ventures Inc. Retirement PlanFlorkowski Ventures Inc. Ret…$80KPropertypro Inc 401(k) Plan$80KHarmony Vending, Inc. Retirement PlanHarmony Vending, Inc. Retire…$81K
End-of-year total assets ($M) among Summit Property Ventures Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Summit Property Ventures Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Summit Property Ventures Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$80K 94.52803064645894% vs 2022
2024 filing year
$0M$0.5M$1M$1.5M$2M 202220232024 $1.47M $0.08M ▼ -94.6%
Year Plans Participants Total Assets
2022 1 2 $1M
2023 1 2 $1M
2024 1 2 $80K

Summit Property Ventures Inc. filing trail (2024)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$80K
Net Income-$1M
Employer EIN261216000
Plan Effective Date2007-10-05
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Massachusetts

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

Summit Property Ventures Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Summit Property Ventures Inc. 401(k) Plan, Total assets ($B): 0.000080391 · Participants: 2Summit Property Ventures Inc. 401(k) PlanFidelity Retirement Savings Plan, Total assets ($B): 34.201609937 · Participants: 66907Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 11.352606499 · Participants: 34618Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 7.720373045 · Participants: 14762Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 6.775289067 · Participants: 20639Boston Scientific Corporation 401(k) Retirement Savings PlanState Street Salary Savings Program, Total assets ($B): 6.532301643 · Participants: 12777State Street Salary Savings Program
Summit Property Ventures Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

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

Outside Massachusetts, the nearest 401(k) by assets is Marsh Ventures Inc 401(k) Profit Sharing Plan & Trust in CA ($80K); by covered participants it is Frozen Smiles Retirement Plan in TN (2 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2 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 Property Ventures Inc. 401(k) Plan assets move in 2024?
Summit Property Ventures Inc. 401(k) Plan contracted severely - down 93.2% during 2024, from $1M to $80K. Reported net income was -$1M.
How have Summit Property Ventures Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Summit Property Ventures Inc.'s sponsor-wide assets declined 94.5%, from $1M to $80K.
Where does Summit Property Ventures Inc. 401(k) Plan rank by assets among Form 5500 filers?
Summit Property Ventures Inc. 401(k) Plan ranks in the 5th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which 401(k) plans are similar in size to Summit Property Ventures Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Marsh Ventures Inc 401(k) Profit Sharing Plan & Trust in CA ($80K, 32 participants).
Which 401(k) plans cover a similar participant headcount to Summit Property Ventures Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Frozen Smiles Retirement Plan in TN (2 participants, N/A in assets).