Profit Sharing · DOL Form 5500 · 2024

Summit Speech School Profit Sharing Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
85
Participants Small participant base
30th
Percentile by assets National rank
$24,880
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Summit Speech School Pension Plan · Sponsored by Summit Speech School · New Jersey · Educational Services

$2M in assets, 85 participants

Summit Speech School's Summit Speech School Pension Plan reported $2M in total assets and 85 participants in its 2024 DOL Form 5500 filing, ranking in the 30th 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.

  • #670 in Educational Services (3,638 peers)

What the 2024 filing shows

Summit Speech School Pension Plan holds $2M for 85 participants - about $24,880 per participant, in the lower half of filed plans by assets.

#670
in Educational Services (3,638 peers)
-3.5%
assets change YoY

The plan reported a net loss of $77K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Summit Speech School Pension Plan among the smaller filed plans by assets

Summit Speech School Pension Plan vs every filed plan by assets

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

$2,114,781 30th percentile higher than 30% 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 Speech School Pension Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Summit Speech School Pension Plan is a small filing (85 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Summit Speech School Pension Plan reported net income fell from $228K in the plan year 2023 filing to -$77K in the plan year 2024 filing.
  • Summit Speech School Pension Plan reported participants rose from 81 in the plan year 2023 filing to 85 in the plan year 2024 filing.
  • Summit Speech School Pension Plan end-of-year assets fell from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 221829502 · Summit Speech School PY 2024 · Profit Sharing

Summit Speech School Pension Plan · $2M · 85 · 30th

  • EOY $2M
  • EOY 85
  • EOY 30th
  • EOY Profit Sharing
  • EOY near Alfred V Altopiedi Esq Profit Sharing Plan
  • EOY ind #670

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 Educational Services retirement plans → · Plans in New Jersey →

Summit Speech School Pension Plan in the asset neighbourhood

Jordan Electric Company Profit Sharing PlanJordan Electric Company Prof…$2MSummit Speech School Pension PlanSummit Speech School Pension…$2MAlfred V Altopiedi Esq Profit Sharing PlanAlfred V Altopiedi Esq Profi…$2MUrban Exterior Restoration Inc Retirement PlanUrban Exterior Restoration I…$2MRichard Rodemyer Keough Plan$2M
End-of-year total assets ($M) among Summit Speech School Pension Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Filing particulars (2024)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income-$77K
Employer EIN221829502
Plan Effective Date1991-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Summit Speech School)

Sponsor-wide plan assets over time

All Summit Speech School plans reported in each filing year

Latest sponsor-wide plan assets
$2M 7.65652028275617% vs 2022
2024 filing year
$1.9M$2M$2.1M$2.2M$2.3M 202220232024 $1.96M $2.11M ▲ +7.7%
Year Plans Participants Total Assets
2022 1 78 $2M
2023 1 81 $2M
2024 1 85 $2M

Nearby Profit Sharing Plans in New Jersey

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

Summit Speech School Pension Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -10123 Total assets ($B) Participants Summit Speech School Pension Plan, Total assets ($B): 0.002114781 · Participants: 85Summit Speech School Pension PlanErnst & Young Partnership Retirement (Hr-10) Plan, Total assets ($B): 2.537544692 · Participants: 1666Ernst & Young Partnership Retirement (Hr-10) PlanHeavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan, Total assets ($B): 1.550996804 · Participants: 8865Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity PlanOperating Engineers Local 825 Profit Sharing Fund, Total assets ($B): 1.508059789 · Participants: 10365Operating Engineers Local 825 Profit Sharing FundIBEW Local Union No 102 Surety Plan, Total assets ($B): 0.684866455 · Participants: 2382IBEW Local Union No 102 Surety PlanKpmg Partner Retirement Savings Plan, Total assets ($B): 0.52416742 · Participants: 1704Kpmg Partner Retirement Savings Plan
Summit Speech School Pension Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants
Compare Summit Speech School Pension Plan side-by-side with 3 peers →

Summit Speech School Pension Plan's out-of-state Profit Sharing peers by assets and headcount

Outside New Jersey, the nearest Profit Sharing by assets is Alfred V Altopiedi Esq Profit Sharing Plan in PA ($2M); by covered participants it is Robert Chick Fritz, Inc. Profit Sharing Plan and Trust in IL (85 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (85 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 Speech School Pension Plan assets move in 2024? ▼
Summit Speech School Pension Plan edged down modestly - down 3.5% during 2024, from $2M to $2M. Reported net income was -$77K.
How have Summit Speech School plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Summit Speech School's sponsor-wide assets grew 7.7%, from $2M to $2M.
Which Profit Sharing plans are similar in size to Summit Speech School Pension Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Alfred V Altopiedi Esq Profit Sharing Plan in PA ($2M, 3 participants).
Which Profit Sharing plans cover a similar participant headcount to Summit Speech School Pension Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Robert Chick Fritz, Inc. Profit Sharing Plan and Trust in IL (85 participants, $8M 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 221829502.

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.