Civic Intelligence

Summit Coverages Ltd.

Plan context: Summit Coverages Ltd. 401(K) Plan

EIN 13-2967686 • Brooklyn, NY • 18 filings • 2 plans

365 Bridge St.Suite 9-proBrooklyn, NY 11201
Current Snapshot

Latest Year

2024

2024 Participants

6

2024 Assets

$799,807

2024 Contributions

$52,979

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$799,807$399,904$0199920172024YearValue
$799,807Latest year 2024

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

630199920172024YearValue
6Latest year 2024

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 / FilingFilingsParticipantsAssetsContributionsContrib./Participant
202416$799,807$52,979$8,830iApproximate average salary by contribution assumption: employee only about $220,746 at 4% or $147,164 at 6%; with 50% employer match about $147,164 at 4% or $98,109 at 6%; with 100% employer match about $110,373 at 4% or $73,582 at 6%.
Summit Coverages Ltd. 401(K) Plan-6$799,807$52,979$8,830iApproximate average salary by contribution assumption: employee only about $220,746 at 4% or $147,164 at 6%; with 50% employer match about $147,164 at 4% or $98,109 at 6%; with 100% employer match about $110,373 at 4% or $73,582 at 6%.
202315$716,915$39,906$7,981iApproximate average salary by contribution assumption: employee only about $199,530 at 4% or $133,020 at 6%; with 50% employer match about $133,020 at 4% or $88,680 at 6%; with 100% employer match about $99,765 at 4% or $66,510 at 6%.
Summit Coverages Ltd. 401(K) Plan-5$716,915$39,906$7,981iApproximate average salary by contribution assumption: employee only about $199,530 at 4% or $133,020 at 6%; with 50% employer match about $133,020 at 4% or $88,680 at 6%; with 100% employer match about $99,765 at 4% or $66,510 at 6%.
202215$635,109$67,891$13,578iApproximate average salary by contribution assumption: employee only about $339,455 at 4% or $226,303 at 6%; with 50% employer match about $226,303 at 4% or $150,869 at 6%; with 100% employer match about $169,728 at 4% or $113,152 at 6%.
Summit Coverages Ltd. 401(K) Plan-5$635,109$67,891$13,578iApproximate average salary by contribution assumption: employee only about $339,455 at 4% or $226,303 at 6%; with 50% employer match about $226,303 at 4% or $150,869 at 6%; with 100% employer match about $169,728 at 4% or $113,152 at 6%.
202115$686,138$66,132$13,226iApproximate average salary by contribution assumption: employee only about $330,660 at 4% or $220,440 at 6%; with 50% employer match about $220,440 at 4% or $146,960 at 6%; with 100% employer match about $165,330 at 4% or $110,220 at 6%.
Summit Coverages Ltd. 401(K) Plan-5$686,138$66,132$13,226iApproximate average salary by contribution assumption: employee only about $330,660 at 4% or $220,440 at 6%; with 50% employer match about $220,440 at 4% or $146,960 at 6%; with 100% employer match about $165,330 at 4% or $110,220 at 6%.
202015$575,489$58,856$11,771iApproximate average salary by contribution assumption: employee only about $294,280 at 4% or $196,187 at 6%; with 50% employer match about $196,187 at 4% or $130,791 at 6%; with 100% employer match about $147,140 at 4% or $98,093 at 6%.
Summit Coverages Ltd. 401(K) Plan-5$575,489$58,856$11,771iApproximate average salary by contribution assumption: employee only about $294,280 at 4% or $196,187 at 6%; with 50% employer match about $196,187 at 4% or $130,791 at 6%; with 100% employer match about $147,140 at 4% or $98,093 at 6%.
201914$469,887$43,930$10,983iApproximate average salary by contribution assumption: employee only about $274,563 at 4% or $183,042 at 6%; with 50% employer match about $183,042 at 4% or $122,028 at 6%; with 100% employer match about $137,281 at 4% or $91,521 at 6%.
Summit Coverages Ltd. 401(K) Plan-4$469,887$43,930$10,983iApproximate average salary by contribution assumption: employee only about $274,563 at 4% or $183,042 at 6%; with 50% employer match about $183,042 at 4% or $122,028 at 6%; with 100% employer match about $137,281 at 4% or $91,521 at 6%.
201814$370,634$38,900$9,725iApproximate average salary by contribution assumption: employee only about $243,125 at 4% or $162,083 at 6%; with 50% employer match about $162,083 at 4% or $108,056 at 6%; with 100% employer match about $121,563 at 4% or $81,042 at 6%.
Summit Coverages Ltd. 401(K) Plan-4$370,634$38,900$9,725iApproximate average salary by contribution assumption: employee only about $243,125 at 4% or $162,083 at 6%; with 50% employer match about $162,083 at 4% or $108,056 at 6%; with 100% employer match about $121,563 at 4% or $81,042 at 6%.
201714$350,685$45,975$11,494iApproximate average salary by contribution assumption: employee only about $287,344 at 4% or $191,563 at 6%; with 50% employer match about $191,563 at 4% or $127,708 at 6%; with 100% employer match about $143,672 at 4% or $95,781 at 6%.
Summit Coverages Ltd. 401(K) Plan-4$350,685$45,975$11,494iApproximate average salary by contribution assumption: employee only about $287,344 at 4% or $191,563 at 6%; with 50% employer match about $191,563 at 4% or $127,708 at 6%; with 100% employer match about $143,672 at 4% or $95,781 at 6%.
201614$287,551$36,804$9,201iApproximate average salary by contribution assumption: employee only about $230,025 at 4% or $153,350 at 6%; with 50% employer match about $153,350 at 4% or $102,233 at 6%; with 100% employer match about $115,013 at 4% or $76,675 at 6%.
Summit Coverages Ltd. 401(K) Plan-4$287,551$36,804$9,201iApproximate average salary by contribution assumption: employee only about $230,025 at 4% or $153,350 at 6%; with 50% employer match about $153,350 at 4% or $102,233 at 6%; with 100% employer match about $115,013 at 4% or $76,675 at 6%.
201514$242,005$34,200$8,550iApproximate average salary by contribution assumption: employee only about $213,750 at 4% or $142,500 at 6%; with 50% employer match about $142,500 at 4% or $95,000 at 6%; with 100% employer match about $106,875 at 4% or $71,250 at 6%.
Summit Coverages Ltd. 401(K) Plan-4$242,005$34,200$8,550iApproximate average salary by contribution assumption: employee only about $213,750 at 4% or $142,500 at 6%; with 50% employer match about $142,500 at 4% or $95,000 at 6%; with 100% employer match about $106,875 at 4% or $71,250 at 6%.
201414$213,410$49,550$12,388iApproximate average salary by contribution assumption: employee only about $309,688 at 4% or $206,458 at 6%; with 50% employer match about $206,458 at 4% or $137,639 at 6%; with 100% employer match about $154,844 at 4% or $103,229 at 6%.
Summit Coverages Ltd. 401(K) Plan-4$213,410$49,550$12,388iApproximate average salary by contribution assumption: employee only about $309,688 at 4% or $206,458 at 6%; with 50% employer match about $206,458 at 4% or $137,639 at 6%; with 100% employer match about $154,844 at 4% or $103,229 at 6%.
200510$0$0-
Summit Coverages Ltd. Pension Plan-0---
200411$38,812$0-
Summit Coverages Ltd. Pension Plan-1$38,812--
200312$38,527$6,796$3,398iApproximate average salary by contribution assumption: employee only about $84,950 at 4% or $56,633 at 6%; with 50% employer match about $56,633 at 4% or $37,756 at 6%; with 100% employer match about $42,475 at 4% or $28,317 at 6%.
Summit Coverages Ltd. Pension Plan-2$38,527$6,796$3,398iApproximate average salary by contribution assumption: employee only about $84,950 at 4% or $56,633 at 6%; with 50% employer match about $56,633 at 4% or $37,756 at 6%; with 100% employer match about $42,475 at 4% or $28,317 at 6%.
200212$31,555$6,717$3,359iApproximate average salary by contribution assumption: employee only about $83,963 at 4% or $55,975 at 6%; with 50% employer match about $55,975 at 4% or $37,317 at 6%; with 100% employer match about $41,981 at 4% or $27,988 at 6%.
Summit Coverages Ltd. Pension Plan-2$31,555$6,717$3,359iApproximate average salary by contribution assumption: employee only about $83,963 at 4% or $55,975 at 6%; with 50% employer match about $55,975 at 4% or $37,317 at 6%; with 100% employer match about $41,981 at 4% or $27,988 at 6%.
200110$0$0-
Summit Coverages Ltd. Pension Plan-0---
200012$16,456$4,992$2,496iApproximate average salary by contribution assumption: employee only about $62,400 at 4% or $41,600 at 6%; with 50% employer match about $41,600 at 4% or $27,733 at 6%; with 100% employer match about $31,200 at 4% or $20,800 at 6%.
Summit Coverages Ltd. Pension Plan-2$16,456$4,992$2,496iApproximate average salary by contribution assumption: employee only about $62,400 at 4% or $41,600 at 6%; with 50% employer match about $41,600 at 4% or $27,733 at 6%; with 100% employer match about $31,200 at 4% or $20,800 at 6%.
199912$10,839$5,404$2,702iApproximate average salary by contribution assumption: employee only about $67,550 at 4% or $45,033 at 6%; with 50% employer match about $45,033 at 4% or $30,022 at 6%; with 100% employer match about $33,775 at 4% or $22,517 at 6%.
Summit Coverages Ltd. Pension Plan-2$10,839$5,404$2,702iApproximate average salary by contribution assumption: employee only about $67,550 at 4% or $45,033 at 6%; with 50% employer match about $45,033 at 4% or $30,022 at 6%; with 100% employer match about $33,775 at 4% or $22,517 at 6%.