Summit 7 Systems LLC
Plan context: Summit 7 Systems 401(K) Plan
EIN 27-1467561 • Huntsville, AL • 18 filings • 2 plans
Current Snapshot
Latest Year
2024
2024 Participants
271
2024 Assets
$8,453,065
2024 Contributions
$2,745,277
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 |
|---|---|---|---|---|---|
| 2024 | 2 | 271 | $8,453,065 | $2,745,277 | $10,130iApproximate average salary by contribution assumption: employee only about $253,254 at 4% or $168,836 at 6%; with 50% employer match about $168,836 at 4% or $112,557 at 6%; with 100% employer match about $126,627 at 4% or $84,418 at 6%. |
| Summit 7 Systems 401(K) Plan | - | 223 | $8,453,065 | $2,745,277 | $12,311iApproximate average salary by contribution assumption: employee only about $307,766 at 4% or $205,178 at 6%; with 50% employer match about $205,178 at 4% or $136,785 at 6%; with 100% employer match about $153,883 at 4% or $102,589 at 6%. |
| Summit 7 Systems LLC Health & Welfare Plan | - | 271 | - | - | - |
| 2023 | 2 | 200 | $5,334,357 | $1,790,180 | $8,951iApproximate average salary by contribution assumption: employee only about $223,773 at 4% or $149,182 at 6%; with 50% employer match about $149,182 at 4% or $99,454 at 6%; with 100% employer match about $111,886 at 4% or $74,591 at 6%. |
| Summit 7 Systems 401(K) Plan | - | 183 | $5,334,357 | $1,790,180 | $9,782iApproximate average salary by contribution assumption: employee only about $244,560 at 4% or $163,040 at 6%; with 50% employer match about $163,040 at 4% or $108,693 at 6%; with 100% employer match about $122,280 at 4% or $81,520 at 6%. |
| Summit 7 Systems LLC Health & Welfare Plan | - | 200 | - | - | - |
| 2022 | 2 | 143 | $3,597,690 | $987,599 | $6,906iApproximate average salary by contribution assumption: employee only about $172,657 at 4% or $115,105 at 6%; with 50% employer match about $115,105 at 4% or $76,737 at 6%; with 100% employer match about $86,329 at 4% or $57,552 at 6%. |
| Summit 7 Systems 401(K) Plan | - | 124 | $3,597,690 | $987,599 | $7,965iApproximate average salary by contribution assumption: employee only about $199,113 at 4% or $132,742 at 6%; with 50% employer match about $132,742 at 4% or $88,495 at 6%; with 100% employer match about $99,556 at 4% or $66,371 at 6%. |
| Summit 7 Systems LLC Health & Welfare Plan | - | 143 | - | - | - |
| 2021 | 1 | 77 | $3,398,279 | $769,502 | $9,994iApproximate average salary by contribution assumption: employee only about $249,838 at 4% or $166,559 at 6%; with 50% employer match about $166,559 at 4% or $111,039 at 6%; with 100% employer match about $124,919 at 4% or $83,279 at 6%. |
| Summit 7 Systems 401(K) Plan | - | 77 | $3,398,279 | $769,502 | $9,994iApproximate average salary by contribution assumption: employee only about $249,838 at 4% or $166,559 at 6%; with 50% employer match about $166,559 at 4% or $111,039 at 6%; with 100% employer match about $124,919 at 4% or $83,279 at 6%. |
| 2020 | 1 | 55 | $2,401,379 | $416,425 | $7,571iApproximate average salary by contribution assumption: employee only about $189,284 at 4% or $126,189 at 6%; with 50% employer match about $126,189 at 4% or $84,126 at 6%; with 100% employer match about $94,642 at 4% or $63,095 at 6%. |
| Summit 7 Systems 401(K) Plan | - | 55 | $2,401,379 | $416,425 | $7,571iApproximate average salary by contribution assumption: employee only about $189,284 at 4% or $126,189 at 6%; with 50% employer match about $126,189 at 4% or $84,126 at 6%; with 100% employer match about $94,642 at 4% or $63,095 at 6%. |
| 2019 | 1 | 39 | $1,756,803 | $227,304 | $5,828iApproximate average salary by contribution assumption: employee only about $145,708 at 4% or $97,138 at 6%; with 50% employer match about $97,138 at 4% or $64,759 at 6%; with 100% employer match about $72,854 at 4% or $48,569 at 6%. |
| Summit 7 Systems 401(K) Plan | - | 39 | $1,756,803 | $227,304 | $5,828iApproximate average salary by contribution assumption: employee only about $145,708 at 4% or $97,138 at 6%; with 50% employer match about $97,138 at 4% or $64,759 at 6%; with 100% employer match about $72,854 at 4% or $48,569 at 6%. |
| 2018 | 1 | 33 | $1,393,141 | $157,612 | $4,776iApproximate average salary by contribution assumption: employee only about $119,403 at 4% or $79,602 at 6%; with 50% employer match about $79,602 at 4% or $53,068 at 6%; with 100% employer match about $59,702 at 4% or $39,801 at 6%. |
| Summit 7 Systems 401(K) Plan | - | 33 | $1,393,141 | $157,612 | $4,776iApproximate average salary by contribution assumption: employee only about $119,403 at 4% or $79,602 at 6%; with 50% employer match about $79,602 at 4% or $53,068 at 6%; with 100% employer match about $59,702 at 4% or $39,801 at 6%. |
| 2017 | 1 | 31 | $1,381,833 | $145,892 | $4,706iApproximate average salary by contribution assumption: employee only about $117,655 at 4% or $78,437 at 6%; with 50% employer match about $78,437 at 4% or $52,291 at 6%; with 100% employer match about $58,827 at 4% or $39,218 at 6%. |
| Summit 7 Systems 401(K) Plan | - | 31 | $1,381,833 | $145,892 | $4,706iApproximate average salary by contribution assumption: employee only about $117,655 at 4% or $78,437 at 6%; with 50% employer match about $78,437 at 4% or $52,291 at 6%; with 100% employer match about $58,827 at 4% or $39,218 at 6%. |
| 2016 | 1 | 28 | $1,136,621 | $343,057 | $12,252iApproximate average salary by contribution assumption: employee only about $306,301 at 4% or $204,201 at 6%; with 50% employer match about $204,201 at 4% or $136,134 at 6%; with 100% employer match about $153,150 at 4% or $102,100 at 6%. |
| Summit 7 Systems 401(K) Plan | - | 28 | $1,136,621 | $343,057 | $12,252iApproximate average salary by contribution assumption: employee only about $306,301 at 4% or $204,201 at 6%; with 50% employer match about $204,201 at 4% or $136,134 at 6%; with 100% employer match about $153,150 at 4% or $102,100 at 6%. |
| 2015 | 1 | 23 | $816,557 | $334,858 | $14,559iApproximate average salary by contribution assumption: employee only about $363,976 at 4% or $242,651 at 6%; with 50% employer match about $242,651 at 4% or $161,767 at 6%; with 100% employer match about $181,988 at 4% or $121,325 at 6%. |
| Summit 7 Systems 401(K) Plan | - | 23 | $816,557 | $334,858 | $14,559iApproximate average salary by contribution assumption: employee only about $363,976 at 4% or $242,651 at 6%; with 50% employer match about $242,651 at 4% or $161,767 at 6%; with 100% employer match about $181,988 at 4% or $121,325 at 6%. |
| 2014 | 1 | 22 | $537,340 | $127,065 | $5,776iApproximate average salary by contribution assumption: employee only about $144,392 at 4% or $96,261 at 6%; with 50% employer match about $96,261 at 4% or $64,174 at 6%; with 100% employer match about $72,196 at 4% or $48,131 at 6%. |
| Summit 7 Systems 401(K) Plan | - | 22 | $537,340 | $127,065 | $5,776iApproximate average salary by contribution assumption: employee only about $144,392 at 4% or $96,261 at 6%; with 50% employer match about $96,261 at 4% or $64,174 at 6%; with 100% employer match about $72,196 at 4% or $48,131 at 6%. |
| 2013 | 1 | 22 | $519,797 | $185,638 | $8,438iApproximate average salary by contribution assumption: employee only about $210,952 at 4% or $140,635 at 6%; with 50% employer match about $140,635 at 4% or $93,757 at 6%; with 100% employer match about $105,476 at 4% or $70,317 at 6%. |
| Summit 7 Systems 401(K) Plan | - | 22 | $519,797 | $185,638 | $8,438iApproximate average salary by contribution assumption: employee only about $210,952 at 4% or $140,635 at 6%; with 50% employer match about $140,635 at 4% or $93,757 at 6%; with 100% employer match about $105,476 at 4% or $70,317 at 6%. |
| 2012 | 1 | 21 | $269,808 | $159,910 | $7,615iApproximate average salary by contribution assumption: employee only about $190,369 at 4% or $126,913 at 6%; with 50% employer match about $126,913 at 4% or $84,608 at 6%; with 100% employer match about $95,185 at 4% or $63,456 at 6%. |
| Summit 7 Systems 401(K) Plan | - | 21 | $269,808 | $159,910 | $7,615iApproximate average salary by contribution assumption: employee only about $190,369 at 4% or $126,913 at 6%; with 50% employer match about $126,913 at 4% or $84,608 at 6%; with 100% employer match about $95,185 at 4% or $63,456 at 6%. |
| 2011 | 1 | 18 | $146,773 | $118,519 | $6,584iApproximate average salary by contribution assumption: employee only about $164,610 at 4% or $109,740 at 6%; with 50% employer match about $109,740 at 4% or $73,160 at 6%; with 100% employer match about $82,305 at 4% or $54,870 at 6%. |
| Summit 7 Systems 401(K) Plan | - | 18 | $146,773 | $118,519 | $6,584iApproximate average salary by contribution assumption: employee only about $164,610 at 4% or $109,740 at 6%; with 50% employer match about $109,740 at 4% or $73,160 at 6%; with 100% employer match about $82,305 at 4% or $54,870 at 6%. |
| 2010 | 1 | 7 | $31,804 | $30,410 | $4,344iApproximate average salary by contribution assumption: employee only about $108,607 at 4% or $72,405 at 6%; with 50% employer match about $72,405 at 4% or $48,270 at 6%; with 100% employer match about $54,304 at 4% or $36,202 at 6%. |
| Summit 7 Systems 401(K) Plan | - | 7 | $31,804 | $30,410 | $4,344iApproximate average salary by contribution assumption: employee only about $108,607 at 4% or $72,405 at 6%; with 50% employer match about $72,405 at 4% or $48,270 at 6%; with 100% employer match about $54,304 at 4% or $36,202 at 6%. |