Sumit Construction Company Inc.
Plan context: Sumit Construction Company Inc. Profit Sharing Plan
EIN 36-3369778 • Chicago, IL • 26 filings • 1 plans
Current Snapshot
Latest Year
2024
2024 Participants
22
2024 Assets
$2,126,946
2024 Contributions
$258,273
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 | 1 | 22 | $2,126,946 | $258,273 | $11,740iApproximate average salary by contribution assumption: employee only about $293,492 at 4% or $195,661 at 6%; with 50% employer match about $195,661 at 4% or $130,441 at 6%; with 100% employer match about $146,746 at 4% or $97,831 at 6%. |
| Sumit Construction Company Inc. Profit Sharing Plan | - | 22 | $2,126,946 | $258,273 | $11,740iApproximate average salary by contribution assumption: employee only about $293,492 at 4% or $195,661 at 6%; with 50% employer match about $195,661 at 4% or $130,441 at 6%; with 100% employer match about $146,746 at 4% or $97,831 at 6%. |
| 2023 | 1 | 21 | $1,743,824 | $263,927 | $12,568iApproximate average salary by contribution assumption: employee only about $314,199 at 4% or $209,466 at 6%; with 50% employer match about $209,466 at 4% or $139,644 at 6%; with 100% employer match about $157,099 at 4% or $104,733 at 6%. |
| Sumit Construction Company Inc. Profit Sharing Plan | - | 21 | $1,743,824 | $263,927 | $12,568iApproximate average salary by contribution assumption: employee only about $314,199 at 4% or $209,466 at 6%; with 50% employer match about $209,466 at 4% or $139,644 at 6%; with 100% employer match about $157,099 at 4% or $104,733 at 6%. |
| 2022 | 1 | 20 | $1,343,023 | $0 | - |
| Sumit Construction Company Inc. Profit Sharing Plan | - | 20 | $1,343,023 | $0 | - |
| 2021 | 1 | 18 | $1,449,390 | $0 | - |
| Sumit Construction Company Inc. Profit Sharing Plan | - | 18 | $1,449,390 | $0 | - |
| 2020 | 1 | 22 | $1,413,605 | $0 | - |
| Sumit Construction Company Inc. Profit Sharing Plan | - | 22 | $1,413,605 | $0 | - |
| 2019 | 1 | 23 | $1,334,333 | $0 | - |
| Sumit Construction Company Inc. Profit Sharing Plan | - | 23 | $1,334,333 | $0 | - |
| 2018 | 1 | 22 | $1,348,015 | $0 | - |
| Sumit Construction Company Inc. Profit Sharing Plan | - | 22 | $1,348,015 | $0 | - |
| 2017 | 1 | 27 | $1,346,259 | $0 | - |
| Sumit Construction Company Inc. Profit Sharing Plan | - | 27 | $1,346,259 | $0 | - |
| 2016 | 1 | 24 | $1,242,639 | $100,000 | $4,167iApproximate average salary by contribution assumption: employee only about $104,167 at 4% or $69,444 at 6%; with 50% employer match about $69,444 at 4% or $46,296 at 6%; with 100% employer match about $52,083 at 4% or $34,722 at 6%. |
| Sumit Construction Company Inc. Profit Sharing Plan | - | 24 | $1,242,639 | $100,000 | $4,167iApproximate average salary by contribution assumption: employee only about $104,167 at 4% or $69,444 at 6%; with 50% employer match about $69,444 at 4% or $46,296 at 6%; with 100% employer match about $52,083 at 4% or $34,722 at 6%. |
| 2015 | 1 | 22 | $1,311,325 | $150,000 | $6,818iApproximate average salary by contribution assumption: employee only about $170,455 at 4% or $113,636 at 6%; with 50% employer match about $113,636 at 4% or $75,758 at 6%; with 100% employer match about $85,227 at 4% or $56,818 at 6%. |
| Sumit Construction Company Inc. Profit Sharing Plan | - | 22 | $1,311,325 | $150,000 | $6,818iApproximate average salary by contribution assumption: employee only about $170,455 at 4% or $113,636 at 6%; with 50% employer match about $113,636 at 4% or $75,758 at 6%; with 100% employer match about $85,227 at 4% or $56,818 at 6%. |
| 2014 | 1 | 22 | $1,287,766 | $150,000 | $6,818iApproximate average salary by contribution assumption: employee only about $170,455 at 4% or $113,636 at 6%; with 50% employer match about $113,636 at 4% or $75,758 at 6%; with 100% employer match about $85,227 at 4% or $56,818 at 6%. |
| Sumit Construction Company Inc. Profit Sharing Plan | - | 22 | $1,287,766 | $150,000 | $6,818iApproximate average salary by contribution assumption: employee only about $170,455 at 4% or $113,636 at 6%; with 50% employer match about $113,636 at 4% or $75,758 at 6%; with 100% employer match about $85,227 at 4% or $56,818 at 6%. |
| 2013 | 1 | 18 | $1,099,464 | $100,000 | $5,556iApproximate average salary by contribution assumption: employee only about $138,889 at 4% or $92,593 at 6%; with 50% employer match about $92,593 at 4% or $61,728 at 6%; with 100% employer match about $69,444 at 4% or $46,296 at 6%. |
| Sumit Construction Company Inc. Profit Sharing Plan | - | 18 | $1,099,464 | $100,000 | $5,556iApproximate average salary by contribution assumption: employee only about $138,889 at 4% or $92,593 at 6%; with 50% employer match about $92,593 at 4% or $61,728 at 6%; with 100% employer match about $69,444 at 4% or $46,296 at 6%. |
| 2012 | 1 | 17 | $906,545 | $150,000 | $8,824iApproximate average salary by contribution assumption: employee only about $220,588 at 4% or $147,059 at 6%; with 50% employer match about $147,059 at 4% or $98,039 at 6%; with 100% employer match about $110,294 at 4% or $73,529 at 6%. |
| Sumit Construction Company Inc. Profit Sharing Plan | - | 17 | $906,545 | $150,000 | $8,824iApproximate average salary by contribution assumption: employee only about $220,588 at 4% or $147,059 at 6%; with 50% employer match about $147,059 at 4% or $98,039 at 6%; with 100% employer match about $110,294 at 4% or $73,529 at 6%. |
| 2011 | 1 | 17 | $738,504 | $0 | - |
| Sumit Construction Company Inc. Profit Sharing Plan | - | 17 | $738,504 | $0 | - |
| 2010 | 1 | 20 | $803,853 | $0 | - |
| Sumit Construction Company Inc. Profit Sharing Plan | - | 20 | $803,853 | - | - |
| 2009 | 1 | 18 | $777,691 | $50,000 | $2,778iApproximate average salary by contribution assumption: employee only about $69,444 at 4% or $46,296 at 6%; with 50% employer match about $46,296 at 4% or $30,864 at 6%; with 100% employer match about $34,722 at 4% or $23,148 at 6%. |
| Sumit Construction Company Inc. Profit Sharing Plan | - | 18 | $777,691 | $50,000 | $2,778iApproximate average salary by contribution assumption: employee only about $69,444 at 4% or $46,296 at 6%; with 50% employer match about $46,296 at 4% or $30,864 at 6%; with 100% employer match about $34,722 at 4% or $23,148 at 6%. |
| 2008 | 1 | 13 | $0 | $0 | - |
| Sumit Construction Company Inc. Profit Sharing Plan | - | 13 | - | - | - |
| 2007 | 1 | 9 | $0 | $0 | - |
| Sumit Construction Company Inc. Profit Sharing Plan | - | 9 | - | - | - |
| 2006 | 1 | 10 | $490,770 | $0 | - |
| Sumit Construction Company Inc. Profit Sharing Plan | - | 10 | $490,770 | - | - |
| 2005 | 1 | 10 | $508,108 | $0 | - |
| Sumit Construction Company Inc. Profit Sharing Plan | - | 10 | $508,108 | - | - |
| 2004 | 1 | 9 | $487,333 | $40,000 | $4,444iApproximate average salary by contribution assumption: employee only about $111,111 at 4% or $74,074 at 6%; with 50% employer match about $74,074 at 4% or $49,383 at 6%; with 100% employer match about $55,556 at 4% or $37,037 at 6%. |
| Sumit Construction Company Inc. Profit Sharing Plan | - | 9 | $487,333 | $40,000 | $4,444iApproximate average salary by contribution assumption: employee only about $111,111 at 4% or $74,074 at 6%; with 50% employer match about $74,074 at 4% or $49,383 at 6%; with 100% employer match about $55,556 at 4% or $37,037 at 6%. |
| 2003 | 1 | 11 | $0 | $0 | - |
| Sumit Construction Company Inc. Profit Sharing Plan | - | 11 | - | - | - |
| 2002 | 1 | 7 | $0 | $0 | - |
| Sumit Construction Company Inc. Profit Sharing Plan | - | 7 | - | - | - |
| 2001 | 1 | 6 | $0 | $0 | - |
| Sumit Construction Company Inc. Profit Sharing Plan | - | 6 | - | - | - |
| 2000 | 1 | 6 | $0 | $0 | - |
| Sumit Construction Company Inc. Profit Sharing Plan | - | 6 | - | - | - |
| 1999 | 1 | 8 | $536,716 | $0 | - |
| Sumit Construction Company Inc. Profit Sharing Plan | - | 8 | $536,716 | - | - |