Civic Intelligence

SUMMIT MANAGEMENT SERVICES

Plan context: Summit Management Services Inc. 401(K) Profit Sharing Plan

EIN 52-2328140 • Kensington, MD • 21 filings • 7 plans

3833 FarrKensington, MD 20895-2004
Current Snapshot

Latest Year

2024

2024 Participants

20

2024 Assets

$2,567,601

2024 Contributions

$117,998

Historical Graphs

Total Assets Over Time

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

$2,567,601$1,283,801$0200420142024YearValue
$2,567,601Latest year 2024

Participants Over Time

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

23120200420142024YearValue
20Latest year 2024

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
2024120$2,567,601$117,998$5,900iApproximate average salary by contribution assumption: employee only about $147,498 at 4% or $98,332 at 6%; with 50% employer match about $98,332 at 4% or $65,554 at 6%; with 100% employer match about $73,749 at 4% or $49,166 at 6%.
Summit Management Services Inc. 401(K) Profit Sharing Plan-20$2,567,601$117,998$5,900iApproximate average salary by contribution assumption: employee only about $147,498 at 4% or $98,332 at 6%; with 50% employer match about $98,332 at 4% or $65,554 at 6%; with 100% employer match about $73,749 at 4% or $49,166 at 6%.
2023121$2,145,089$115,043$5,478iApproximate average salary by contribution assumption: employee only about $136,956 at 4% or $91,304 at 6%; with 50% employer match about $91,304 at 4% or $60,869 at 6%; with 100% employer match about $68,478 at 4% or $45,652 at 6%.
Summit Management Services Inc. 401(K) Profit Sharing Plan-21$2,145,089$115,043$5,478iApproximate average salary by contribution assumption: employee only about $136,956 at 4% or $91,304 at 6%; with 50% employer match about $91,304 at 4% or $60,869 at 6%; with 100% employer match about $68,478 at 4% or $45,652 at 6%.
2022121$1,681,123$119,132$5,673iApproximate average salary by contribution assumption: employee only about $141,824 at 4% or $94,549 at 6%; with 50% employer match about $94,549 at 4% or $63,033 at 6%; with 100% employer match about $70,912 at 4% or $47,275 at 6%.
Summit Management Services Inc. 401(K) Profit Sharing Plan-21$1,681,123$119,132$5,673iApproximate average salary by contribution assumption: employee only about $141,824 at 4% or $94,549 at 6%; with 50% employer match about $94,549 at 4% or $63,033 at 6%; with 100% employer match about $70,912 at 4% or $47,275 at 6%.
2021117$2,013,819$98,990$5,823iApproximate average salary by contribution assumption: employee only about $145,574 at 4% or $97,049 at 6%; with 50% employer match about $97,049 at 4% or $64,699 at 6%; with 100% employer match about $72,787 at 4% or $48,525 at 6%.
Summit Management Services Inc. 401(K) Profit Sharing Plan-17$2,013,819$98,990$5,823iApproximate average salary by contribution assumption: employee only about $145,574 at 4% or $97,049 at 6%; with 50% employer match about $97,049 at 4% or $64,699 at 6%; with 100% employer match about $72,787 at 4% or $48,525 at 6%.
2020117$1,647,746$89,886$5,287iApproximate average salary by contribution assumption: employee only about $132,185 at 4% or $88,124 at 6%; with 50% employer match about $88,124 at 4% or $58,749 at 6%; with 100% employer match about $66,093 at 4% or $44,062 at 6%.
Summit Management Services Inc. 401(K) Profit Sharing Plan-17$1,647,746$89,886$5,287iApproximate average salary by contribution assumption: employee only about $132,185 at 4% or $88,124 at 6%; with 50% employer match about $88,124 at 4% or $58,749 at 6%; with 100% employer match about $66,093 at 4% or $44,062 at 6%.
2019116$1,291,233$76,409$4,776iApproximate average salary by contribution assumption: employee only about $119,389 at 4% or $79,593 at 6%; with 50% employer match about $79,593 at 4% or $53,062 at 6%; with 100% employer match about $59,695 at 4% or $39,796 at 6%.
Summit Management Services Inc. 401(K) Profit Sharing Plan-16$1,291,233$76,409$4,776iApproximate average salary by contribution assumption: employee only about $119,389 at 4% or $79,593 at 6%; with 50% employer match about $79,593 at 4% or $53,062 at 6%; with 100% employer match about $59,695 at 4% or $39,796 at 6%.
2018112$988,346$58,533$4,878iApproximate average salary by contribution assumption: employee only about $121,944 at 4% or $81,296 at 6%; with 50% employer match about $81,296 at 4% or $54,197 at 6%; with 100% employer match about $60,972 at 4% or $40,648 at 6%.
Summit Management Services Inc. 401(K) Profit Sharing Plan-12$988,346$58,533$4,878iApproximate average salary by contribution assumption: employee only about $121,944 at 4% or $81,296 at 6%; with 50% employer match about $81,296 at 4% or $54,197 at 6%; with 100% employer match about $60,972 at 4% or $40,648 at 6%.
2017113$1,016,692$132,672$10,206iApproximate average salary by contribution assumption: employee only about $255,138 at 4% or $170,092 at 6%; with 50% employer match about $170,092 at 4% or $113,395 at 6%; with 100% employer match about $127,569 at 4% or $85,046 at 6%.
Summit Management Services Inc. 401(K) Profit Sharing Plan-13$1,016,692$132,672$10,206iApproximate average salary by contribution assumption: employee only about $255,138 at 4% or $170,092 at 6%; with 50% employer match about $170,092 at 4% or $113,395 at 6%; with 100% employer match about $127,569 at 4% or $85,046 at 6%.
2016112$808,307$52,217$4,351iApproximate average salary by contribution assumption: employee only about $108,785 at 4% or $72,524 at 6%; with 50% employer match about $72,524 at 4% or $48,349 at 6%; with 100% employer match about $54,393 at 4% or $36,262 at 6%.
Summit Management Services Inc. 401(K) Profit Sharing Plan-12$808,307$52,217$4,351iApproximate average salary by contribution assumption: employee only about $108,785 at 4% or $72,524 at 6%; with 50% employer match about $72,524 at 4% or $48,349 at 6%; with 100% employer match about $54,393 at 4% or $36,262 at 6%.
2015112$698,230$126,029$10,502iApproximate average salary by contribution assumption: employee only about $262,560 at 4% or $175,040 at 6%; with 50% employer match about $175,040 at 4% or $116,694 at 6%; with 100% employer match about $131,280 at 4% or $87,520 at 6%.
Summit Management Services Inc. 401(K) Profit Sharing Plan-12$698,230$126,029$10,502iApproximate average salary by contribution assumption: employee only about $262,560 at 4% or $175,040 at 6%; with 50% employer match about $175,040 at 4% or $116,694 at 6%; with 100% employer match about $131,280 at 4% or $87,520 at 6%.
2014123$599,498$86,729$3,771iApproximate average salary by contribution assumption: employee only about $94,271 at 4% or $62,847 at 6%; with 50% employer match about $62,847 at 4% or $41,898 at 6%; with 100% employer match about $47,135 at 4% or $31,424 at 6%.
Summit Management Services Inc. 401(K) Profit Sharing Plan-23$599,498$86,729$3,771iApproximate average salary by contribution assumption: employee only about $94,271 at 4% or $62,847 at 6%; with 50% employer match about $62,847 at 4% or $41,898 at 6%; with 100% employer match about $47,135 at 4% or $31,424 at 6%.
2013123$603,428$73,175$3,182iApproximate average salary by contribution assumption: employee only about $79,538 at 4% or $53,025 at 6%; with 50% employer match about $53,025 at 4% or $35,350 at 6%; with 100% employer match about $39,769 at 4% or $26,513 at 6%.
Summit Management Services Inc. 401(K) Profit Sharing Plan-23$603,428$73,175$3,182iApproximate average salary by contribution assumption: employee only about $79,538 at 4% or $53,025 at 6%; with 50% employer match about $53,025 at 4% or $35,350 at 6%; with 100% employer match about $39,769 at 4% or $26,513 at 6%.
2012116$423,090$60,026$3,752iApproximate average salary by contribution assumption: employee only about $93,791 at 4% or $62,527 at 6%; with 50% employer match about $62,527 at 4% or $41,685 at 6%; with 100% employer match about $46,895 at 4% or $31,264 at 6%.
Summit Management Services Inc. 401(K) Profit Sharing Plan-16$423,090$60,026$3,752iApproximate average salary by contribution assumption: employee only about $93,791 at 4% or $62,527 at 6%; with 50% employer match about $62,527 at 4% or $41,685 at 6%; with 100% employer match about $46,895 at 4% or $31,264 at 6%.
2011114$315,566$55,825$3,988iApproximate average salary by contribution assumption: employee only about $99,688 at 4% or $66,458 at 6%; with 50% employer match about $66,458 at 4% or $44,306 at 6%; with 100% employer match about $49,844 at 4% or $33,229 at 6%.
Summit Management Services Inc. 401(K) Profit Sharing Plan-14$315,566$55,825$3,988iApproximate average salary by contribution assumption: employee only about $99,688 at 4% or $66,458 at 6%; with 50% employer match about $66,458 at 4% or $44,306 at 6%; with 100% employer match about $49,844 at 4% or $33,229 at 6%.
201014$275,092$52,322$13,081iApproximate average salary by contribution assumption: employee only about $327,013 at 4% or $218,008 at 6%; with 50% employer match about $218,008 at 4% or $145,339 at 6%; with 100% employer match about $163,506 at 4% or $109,004 at 6%.
Summit Management Services Inc. 401(K) Profit Sharing Plan-4$275,092$52,322$13,081iApproximate average salary by contribution assumption: employee only about $327,013 at 4% or $218,008 at 6%; with 50% employer match about $218,008 at 4% or $145,339 at 6%; with 100% employer match about $163,506 at 4% or $109,004 at 6%.
200915$195,849$50,507$10,101iApproximate average salary by contribution assumption: employee only about $252,535 at 4% or $168,357 at 6%; with 50% employer match about $168,357 at 4% or $112,238 at 6%; with 100% employer match about $126,268 at 4% or $84,178 at 6%.
Summit Management Services Inc. 401(K) Profit Sharing Plan-5$195,849$50,507$10,101iApproximate average salary by contribution assumption: employee only about $252,535 at 4% or $168,357 at 6%; with 50% employer match about $168,357 at 4% or $112,238 at 6%; with 100% employer match about $126,268 at 4% or $84,178 at 6%.
2008112$105,243$50,516$4,210iApproximate average salary by contribution assumption: employee only about $105,242 at 4% or $70,161 at 6%; with 50% employer match about $70,161 at 4% or $46,774 at 6%; with 100% employer match about $52,621 at 4% or $35,081 at 6%.
Summit Management Services Inc. 401(K) Profit Sharing Plan-12$105,243$50,516$4,210iApproximate average salary by contribution assumption: employee only about $105,242 at 4% or $70,161 at 6%; with 50% employer match about $70,161 at 4% or $46,774 at 6%; with 100% employer match about $52,621 at 4% or $35,081 at 6%.
200716$124,535$36,111$6,019iApproximate average salary by contribution assumption: employee only about $150,463 at 4% or $100,308 at 6%; with 50% employer match about $100,308 at 4% or $66,872 at 6%; with 100% employer match about $75,231 at 4% or $50,154 at 6%.
Summit Management Services Inc. 401(K) Profit Sharing Plan-6$124,535$36,111$6,019iApproximate average salary by contribution assumption: employee only about $150,463 at 4% or $100,308 at 6%; with 50% employer match about $100,308 at 4% or $66,872 at 6%; with 100% employer match about $75,231 at 4% or $50,154 at 6%.
200619$77,215$28,307$3,145iApproximate average salary by contribution assumption: employee only about $78,631 at 4% or $52,420 at 6%; with 50% employer match about $52,420 at 4% or $34,947 at 6%; with 100% employer match about $39,315 at 4% or $26,210 at 6%.
Summit Management Services Inc. 401(K) Profit Sharing Plan-9$77,215$28,307$3,145iApproximate average salary by contribution assumption: employee only about $78,631 at 4% or $52,420 at 6%; with 50% employer match about $52,420 at 4% or $34,947 at 6%; with 100% employer match about $39,315 at 4% or $26,210 at 6%.
200516$42,301$21,138$3,523iApproximate average salary by contribution assumption: employee only about $88,075 at 4% or $58,717 at 6%; with 50% employer match about $58,717 at 4% or $39,144 at 6%; with 100% employer match about $44,038 at 4% or $29,358 at 6%.
Summit Management Services Inc. 401(K) Profit Sharing Plan-6$42,301$21,138$3,523iApproximate average salary by contribution assumption: employee only about $88,075 at 4% or $58,717 at 6%; with 50% employer match about $58,717 at 4% or $39,144 at 6%; with 100% employer match about $44,038 at 4% or $29,358 at 6%.
200416$18,596$17,010$2,835iApproximate average salary by contribution assumption: employee only about $70,875 at 4% or $47,250 at 6%; with 50% employer match about $47,250 at 4% or $31,500 at 6%; with 100% employer match about $35,438 at 4% or $23,625 at 6%.
Summit Management Services Inc. 401(K) Profit Sharing Plan-6$18,596$17,010$2,835iApproximate average salary by contribution assumption: employee only about $70,875 at 4% or $47,250 at 6%; with 50% employer match about $47,250 at 4% or $31,500 at 6%; with 100% employer match about $35,438 at 4% or $23,625 at 6%.