Summit Financial Advisors Inc.
Plan context: Summit Financial Advisors Inc. Profit Sharing Plan
EIN 42-1754719 • 17 filings • 1 plans
Current Snapshot
Latest Year
2024
2024 Participants
2
2024 Assets
$537,274
2024 Contributions
$70,538
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 | 2 | $537,274 | $0 | - |
| Summit Financial Advisors Inc. Profit Sharing Plan | - | 2 | $537,274 | - | - |
| 2023 | 1 | 3 | $552,249 | $0 | - |
| Summit Financial Advisors Inc. Profit Sharing Plan | - | 3 | $552,249 | - | - |
| 2022 | 1 | 2 | $467,362 | $0 | - |
| Summit Financial Advisors Inc. Profit Sharing Plan | - | 2 | $467,362 | - | - |
| 2021 | 1 | 2 | $502,312 | $0 | - |
| Summit Financial Advisors Inc. Profit Sharing Plan | - | 2 | $502,312 | - | - |
| 2020 | 1 | 2 | $542,255 | $0 | - |
| Summit Financial Advisors Inc. Profit Sharing Plan | - | 2 | $542,255 | - | - |
| 2019 | 1 | 2 | $532,268 | $0 | - |
| Summit Financial Advisors Inc. Profit Sharing Plan | - | 2 | $532,268 | - | - |
| 2018 | 1 | 2 | $532,243 | $0 | - |
| Summit Financial Advisors Inc. Profit Sharing Plan | - | 2 | $532,243 | - | - |
| 2017 | 1 | 2 | $537,468 | $70,538 | $35,269iApproximate average salary by contribution assumption: employee only about $881,725 at 4% or $587,817 at 6%; with 50% employer match about $587,817 at 4% or $391,878 at 6%; with 100% employer match about $440,863 at 4% or $293,908 at 6%. |
| Summit Financial Advisors Inc. Profit Sharing Plan | - | 2 | $537,468 | $70,538 | $35,269iApproximate average salary by contribution assumption: employee only about $881,725 at 4% or $587,817 at 6%; with 50% employer match about $587,817 at 4% or $391,878 at 6%; with 100% employer match about $440,863 at 4% or $293,908 at 6%. |
| 2016 | 1 | 2 | $326,711 | $0 | - |
| Summit Financial Advisors Inc. Profit Sharing Plan | - | 2 | $326,711 | - | - |
| 2015 | 1 | 2 | $302,745 | $0 | - |
| Summit Financial Advisors Inc. Profit Sharing Plan | - | 2 | $302,745 | - | - |
| 2014 | 1 | 2 | $53,098 | $2,500 | $1,250iApproximate average salary by contribution assumption: employee only about $31,250 at 4% or $20,833 at 6%; with 50% employer match about $20,833 at 4% or $13,889 at 6%; with 100% employer match about $15,625 at 4% or $10,417 at 6%. |
| Summit Financial Advisors Inc. Profit Sharing Plan | - | 2 | $53,098 | $2,500 | $1,250iApproximate average salary by contribution assumption: employee only about $31,250 at 4% or $20,833 at 6%; with 50% employer match about $20,833 at 4% or $13,889 at 6%; with 100% employer match about $15,625 at 4% or $10,417 at 6%. |
| 2013 | 1 | 2 | $30,663 | $0 | - |
| Summit Financial Advisors Inc. Profit Sharing Plan | - | 2 | $30,663 | - | - |
| 2012 | 1 | 2 | $35,659 | $0 | - |
| Summit Financial Advisors Inc. Profit Sharing Plan | - | 2 | $35,659 | - | - |
| 2011 | 1 | 2 | $15,363 | $0 | - |
| Summit Financial Advisors Inc. Profit Sharing Plan | - | 2 | $15,363 | - | - |
| 2010 | 1 | 2 | $30,620 | $331,650 | $165,825iApproximate average salary by contribution assumption: employee only about $4,145,625 at 4% or $2,763,750 at 6%; with 50% employer match about $2,763,750 at 4% or $1,842,500 at 6%; with 100% employer match about $2,072,813 at 4% or $1,381,875 at 6%. |
| Summit Financial Advisors Inc. Profit Sharing Plan | - | 2 | $30,620 | $331,650 | $165,825iApproximate average salary by contribution assumption: employee only about $4,145,625 at 4% or $2,763,750 at 6%; with 50% employer match about $2,763,750 at 4% or $1,842,500 at 6%; with 100% employer match about $2,072,813 at 4% or $1,381,875 at 6%. |
| 2009 | 1 | 1 | $24,686 | $500 | $500iApproximate average salary by contribution assumption: employee only about $12,500 at 4% or $8,333 at 6%; with 50% employer match about $8,333 at 4% or $5,556 at 6%; with 100% employer match about $6,250 at 4% or $4,167 at 6%. |
| Summit Financial Advisors Inc. Profit Sharing Plan | - | 1 | $24,686 | $500 | $500iApproximate average salary by contribution assumption: employee only about $12,500 at 4% or $8,333 at 6%; with 50% employer match about $8,333 at 4% or $5,556 at 6%; with 100% employer match about $6,250 at 4% or $4,167 at 6%. |
| 2008 | 1 | 1 | $240,000 | $242,437 | $242,437iApproximate average salary by contribution assumption: employee only about $6,060,925 at 4% or $4,040,617 at 6%; with 50% employer match about $4,040,617 at 4% or $2,693,744 at 6%; with 100% employer match about $3,030,463 at 4% or $2,020,308 at 6%. |
| Summit Financial Advisors Inc. Profit Sharing Plan | - | 1 | $240,000 | $242,437 | $242,437iApproximate average salary by contribution assumption: employee only about $6,060,925 at 4% or $4,040,617 at 6%; with 50% employer match about $4,040,617 at 4% or $2,693,744 at 6%; with 100% employer match about $3,030,463 at 4% or $2,020,308 at 6%. |