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Filing

Summit Installation Inc. 401(K) Plan & Trust

SUMMIT INSTALLATION, LLC • EIN 37-1501407 • Plan year 2006

Company ProfileSource Archive
Filing Insights

Participants

Flat

0 → 0

0

Assets

Up

$378,443 → $469,800

$91,357 • 24.14%

Investment Management Fee

-

Admin expenses - • Total expenses $27,264

Filing Details

Context
Net investment result
$91,357
Pension payor EIN
31-1592130

Status Flags

Fidelity bond in place

Yes

Limited-scope audit performed

Not reported

Contributions transmitted on time

Not reported

Participant loans in default

No

Leases in default

No

Reportable party-in-interest issues

Not reported

Loss discovered during year

No

Assets with undetermined value

No

Non-cash contributions

No

Assets held for investment

Not reported

5% transactions reported

Not reported

All plan assets distributed

No

Benefits paid when due

Not reported

Plan blackout period

Not reported

Plan termination resolution adopted

No

Counterparties

Company Timeline

This filing is highlighted inside the broader sponsor history.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
201010$0$0-
Summit Installation Inc. 401(K) Plan & Trust-0$0--
2009121$125,660$25,515$1,215iApproximate average salary by contribution assumption: employee only about $30,375 at 4% or $20,250 at 6%; with 50% employer match about $20,250 at 4% or $13,500 at 6%; with 100% employer match about $15,188 at 4% or $10,125 at 6%.
Summit Installation Inc. 401(K) Plan & Trust-21$125,660$25,515$1,215iApproximate average salary by contribution assumption: employee only about $30,375 at 4% or $20,250 at 6%; with 50% employer match about $20,250 at 4% or $13,500 at 6%; with 100% employer match about $15,188 at 4% or $10,125 at 6%.
2008139$353,216$109,404$2,805iApproximate average salary by contribution assumption: employee only about $70,131 at 4% or $46,754 at 6%; with 50% employer match about $46,754 at 4% or $31,169 at 6%; with 100% employer match about $35,065 at 4% or $23,377 at 6%.
Summit Installation Inc. 401(K) Plan & Trust-39$353,216$109,404$2,805iApproximate average salary by contribution assumption: employee only about $70,131 at 4% or $46,754 at 6%; with 50% employer match about $46,754 at 4% or $31,169 at 6%; with 100% employer match about $35,065 at 4% or $23,377 at 6%.
2007143$443,845$106,525$2,477iApproximate average salary by contribution assumption: employee only about $61,933 at 4% or $41,289 at 6%; with 50% employer match about $41,289 at 4% or $27,526 at 6%; with 100% employer match about $30,967 at 4% or $20,644 at 6%.
Summit Installation Inc. 401(K) Plan & Trust-43$443,845$106,525$2,477iApproximate average salary by contribution assumption: employee only about $61,933 at 4% or $41,289 at 6%; with 50% employer match about $41,289 at 4% or $27,526 at 6%; with 100% employer match about $30,967 at 4% or $20,644 at 6%.
2006240$939,600$156,990$3,925iApproximate average salary by contribution assumption: employee only about $98,119 at 4% or $65,413 at 6%; with 50% employer match about $65,413 at 4% or $43,608 at 6%; with 100% employer match about $49,059 at 4% or $32,706 at 6%.
Summit Installation Inc. 401(K) Plan & Trust-40$469,800$78,495$1,962iApproximate average salary by contribution assumption: employee only about $49,059 at 4% or $32,706 at 6%; with 50% employer match about $32,706 at 4% or $21,804 at 6%; with 100% employer match about $24,530 at 4% or $16,353 at 6%.
Summit Installation Inc. 401(K) Plan & TrustCurrent0$469,800$78,495-
2005139$378,443$44,239$1,134iApproximate average salary by contribution assumption: employee only about $28,358 at 4% or $18,906 at 6%; with 50% employer match about $18,906 at 4% or $12,604 at 6%; with 100% employer match about $14,179 at 4% or $9,453 at 6%.
Summit Installation Inc. 401(K) Plan & Trust-39$378,443$44,239$1,134iApproximate average salary by contribution assumption: employee only about $28,358 at 4% or $18,906 at 6%; with 50% employer match about $18,906 at 4% or $12,604 at 6%; with 100% employer match about $14,179 at 4% or $9,453 at 6%.
Schedule Details

Schedule I

Schedule I Financial Statement

Small plan result

Balance sheet and activity values reported by the filer for this small-plan annual return.

End-of-year assets$469,800$91,357 change

Balance Sheet

Beginning and end of plan year.

Total assets$378,443$469,800Increase +$91,357 (24.14%)
Total liabilities$0$0No change $0
Net assets$378,443$469,800Increase +$91,357 (24.14%)

Contributions

Employer contributions$0
Participant contributions$77,234
Other contributions$1,261

Income & Expenses

Total income$118,621
Total expenses$27,264
Net income$91,357
Source fields
Schedule I source fields
Filing Id
91037275018607
Schedule I EIN
37-1501407
Schedule I Plan Num
001
Schedule I Plan Year Begin Date
2006-01-01
Schedule I Tax Period
20061231
Small plan total assets at beginning of year
$378,443
Small plan total liabilities at beginning of year
$0
Small plan net assets at beginning of year
$378,443
Small plan total assets at end of year
$469,800
Small plan total liabilities at end of year
$0
Small plan net assets at end of year
$469,800
Small plan employer contributions
$0
Small plan participant contributions
$77,234
Small Oth Contribution Rcvd Amount
$1,261
Small Non Cash Contribution Bs Amount
$0
Small Other Income Amount
$40,126
Small plan total income
$118,621
Small plan total benefit distributions
$27,264
Small Corrective Distribution Amount
$0
Small Dm Dstrb Ptcp Ln A
0
Small Oth Expenses Amount
$0
Small plan total expenses
$27,264
Small plan net income or loss
$91,357
Small Total Plan Transfers Amount
$0
Small Joint Venture End of year Indicator
No
Small Joint Venture End of year Amount
$0
Small Employer Prop End of year Indicator
No
Small Employer Prop End of year Amount
$0
Small Investment Real Est End of year I
2
Small Investment Real Est End of year A
0
Small Employer Sec End of year Indicator
No
Small Employer Sec End of year Amount
$0
Small Mortg Participants End of year Indicator
No
Small Mortg Participants End of year Amount
$0
Small Oth Lns Participants End of year Indicator
No
Small Oth Lns Participants End of year Amount
$0
Small Personal Prop End of year Indicator
No
Small Personal Prop End of year Amount
$0
Small Fail Xmt Ctb I
2
Small Fail Xmt Ctb A
0
Small plan participant loans in default
No
Small Loans In Default Amount
$0
Small plan leases in default
No
Small Leases In Default Amount
$0
Small Pt In Interest Not Reported I
2
Small Pt In Interest Not Reported A
0
Small plan fidelity bond in place
Yes
Small plan fidelity bond amount
$25,000
Small plan loss discovered during year
No
Small Loss Discovered Dur Year Amount
$0
Small plan assets with undetermined value
No
Small Asset Undeterm Valuation Amount
$0
Small plan non-cash contributions reported
No
Small Non Cash Contribution Amount
$0
Small 20 Percent Sngl Investment Indicator
No
Small 20 Percent Sngl Investment Amount
$0
Small plan all plan assets distributed
No
Waiver Annual Iqpa Report
1
Small plan resolution to terminate plan adopted
No
Small Res Terminate Plan Adpt Amount
$0

Schedule R

Schedule R Pension Information

Retirement plan characteristics

Testing, payor, opinion-letter, and transfer information reported with the filing.

Pension & Payor

Payor EIN31-1592130

Transfers

Distributed property value$0
Schedule R source fields
Payor 31-1592130
Filing Id
91037275018607
Schedule R EIN
37-1501407
Schedule R Plan number
001
Schedule R Plan Year Begin Date
2006-01-01
Schedule R Tax Period
20061231
Pension Value Dstrb Pd Property Amount
$0
Pension payor EIN
31-1592130
Pension Bnft Distribution Sngl Sum Count
0
Pension Employer Contribution Rqr Amount
$0
Pension Employer Contribution Paid Amount
$0
Pension Funding Deficiency Amount
$0
Summit Installation Inc. 401(K) Plan & Trust | SUMMIT INSTALLATION, LLC | Plan 001 | 2006 Form 5500 Filing