Summit Asset Management Co Inc
Plan context: Summit Asset Management Co Inc 401K Profit Sharing Plan & Trust
EIN 11-3171422 • 5 filings • 2 plans
Current Snapshot
Latest Year
2003
2003 Participants
2
2003 Assets
$84,827
2003 Contributions
$13,685
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
Company Timeline
Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.
| Year / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2003 | 1 | 2 | $0 | $13,685 | $6,843iApproximate average salary by contribution assumption: employee only about $171,063 at 4% or $114,042 at 6%; with 50% employer match about $114,042 at 4% or $76,028 at 6%; with 100% employer match about $85,531 at 4% or $57,021 at 6%. |
| Summit Asset Management Co Inc 401K Profit Sharing Plan & Trust | - | 2 | - | $13,685 | $6,843iApproximate average salary by contribution assumption: employee only about $171,063 at 4% or $114,042 at 6%; with 50% employer match about $114,042 at 4% or $76,028 at 6%; with 100% employer match about $85,531 at 4% or $57,021 at 6%. |
| 2002 | 1 | 2 | $84,827 | $37,529 | $18,765iApproximate average salary by contribution assumption: employee only about $469,113 at 4% or $312,742 at 6%; with 50% employer match about $312,742 at 4% or $208,494 at 6%; with 100% employer match about $234,556 at 4% or $156,371 at 6%. |
| Summit Asset Management Co Inc 401K Profit Sharing Plan & Trust | - | 2 | $84,827 | $37,529 | $18,765iApproximate average salary by contribution assumption: employee only about $469,113 at 4% or $312,742 at 6%; with 50% employer match about $312,742 at 4% or $208,494 at 6%; with 100% employer match about $234,556 at 4% or $156,371 at 6%. |
| 2001 | 1 | 4 | $70,904 | $34,793 | $8,698iApproximate average salary by contribution assumption: employee only about $217,456 at 4% or $144,971 at 6%; with 50% employer match about $144,971 at 4% or $96,647 at 6%; with 100% employer match about $108,728 at 4% or $72,485 at 6%. |
| Summit Asset Management Co Inc 401K Profit Sharing Plan & Trust | - | 4 | $70,904 | $34,793 | $8,698iApproximate average salary by contribution assumption: employee only about $217,456 at 4% or $144,971 at 6%; with 50% employer match about $144,971 at 4% or $96,647 at 6%; with 100% employer match about $108,728 at 4% or $72,485 at 6%. |
| 2000 | 1 | 4 | $0 | $0 | - |
| Summit Asset Management Co Inc 401K Profit Sharing Plan & Trust | - | 4 | - | - | - |
| 1999 | 1 | 3 | $18,550 | $16,432 | $5,477iApproximate average salary by contribution assumption: employee only about $136,933 at 4% or $91,289 at 6%; with 50% employer match about $91,289 at 4% or $60,859 at 6%; with 100% employer match about $68,467 at 4% or $45,644 at 6%. |
| Summit Asset Management Co Inc 401K Profit Sharing Plan & Trust | - | 3 | $18,550 | $16,432 | $5,477iApproximate average salary by contribution assumption: employee only about $136,933 at 4% or $91,289 at 6%; with 50% employer match about $91,289 at 4% or $60,859 at 6%; with 100% employer match about $68,467 at 4% or $45,644 at 6%. |