Civic Intelligence

Summit Air Industries Inc.

Plan context: Summit Air Industries Inc. 401(K) Plan

EIN 35-2002823 • Plymouth, MN • 5 filings • 1 plans

14228 23rd Ave NPlymouth, MN 55447
Current Snapshot

Latest Year

2019

2019 Participants

2

2019 Assets

$216,448

2019 Contributions

$9,672

Historical Graphs

Total Assets Over Time

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

$218,792$109,396$0201520172018YearValue
$216,448Latest year 2018

Participants Over Time

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

320201520172018YearValue
2Latest year 2018

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
201910$0$0-
Summit Air Industries Inc. 401(K) Plan-0$0--
201812$216,448$9,672$4,836iApproximate average salary by contribution assumption: employee only about $120,900 at 4% or $80,600 at 6%; with 50% employer match about $80,600 at 4% or $53,733 at 6%; with 100% employer match about $60,450 at 4% or $40,300 at 6%.
Summit Air Industries Inc. 401(K) Plan-2$216,448$9,672$4,836iApproximate average salary by contribution assumption: employee only about $120,900 at 4% or $80,600 at 6%; with 50% employer match about $80,600 at 4% or $53,733 at 6%; with 100% employer match about $60,450 at 4% or $40,300 at 6%.
201712$218,792$17,120$8,560iApproximate average salary by contribution assumption: employee only about $214,000 at 4% or $142,667 at 6%; with 50% employer match about $142,667 at 4% or $95,111 at 6%; with 100% employer match about $107,000 at 4% or $71,333 at 6%.
Summit Air Industries Inc. 401(K) Plan-2$218,792$17,120$8,560iApproximate average salary by contribution assumption: employee only about $214,000 at 4% or $142,667 at 6%; with 50% employer match about $142,667 at 4% or $95,111 at 6%; with 100% employer match about $107,000 at 4% or $71,333 at 6%.
201612$166,790$136,250$68,125iApproximate average salary by contribution assumption: employee only about $1,703,125 at 4% or $1,135,417 at 6%; with 50% employer match about $1,135,417 at 4% or $756,944 at 6%; with 100% employer match about $851,563 at 4% or $567,708 at 6%.
Summit Air Industries Inc. 401(K) Plan-2$166,790$136,250$68,125iApproximate average salary by contribution assumption: employee only about $1,703,125 at 4% or $1,135,417 at 6%; with 50% employer match about $1,135,417 at 4% or $756,944 at 6%; with 100% employer match about $851,563 at 4% or $567,708 at 6%.
201513$10,000$10,000$3,333iApproximate average salary by contribution assumption: employee only about $83,333 at 4% or $55,556 at 6%; with 50% employer match about $55,556 at 4% or $37,037 at 6%; with 100% employer match about $41,667 at 4% or $27,778 at 6%.
Summit Air Industries Inc. 401(K) Plan-3$10,000$10,000$3,333iApproximate average salary by contribution assumption: employee only about $83,333 at 4% or $55,556 at 6%; with 50% employer match about $55,556 at 4% or $37,037 at 6%; with 100% employer match about $41,667 at 4% or $27,778 at 6%.