Summit Helicopters, Inc.
Plan context: Summit Helicopters Inc. 401(K) Plan
EIN 54-1156923 • Salem, VA • 39 filings • 2 plans
Current Snapshot
Latest Year
2024
2024 Participants
56
2024 Assets
$22,899,863
2024 Contributions
$505,604
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 | 2 | 56 | $22,899,863 | $505,604 | $9,029iApproximate average salary by contribution assumption: employee only about $225,716 at 4% or $150,477 at 6%; with 50% employer match about $150,477 at 4% or $100,318 at 6%; with 100% employer match about $112,858 at 4% or $75,239 at 6%. |
| Summit Helicopters Inc. 401(K) Plan | - | 56 | $11,789,029 | $358,640 | $6,404iApproximate average salary by contribution assumption: employee only about $160,107 at 4% or $106,738 at 6%; with 50% employer match about $106,738 at 4% or $71,159 at 6%; with 100% employer match about $80,054 at 4% or $53,369 at 6%. |
| Summit Helicopters Inc. Employee Stock Ownership Plan and Trust | - | 47 | $11,110,834 | $146,964 | $3,127iApproximate average salary by contribution assumption: employee only about $78,172 at 4% or $52,115 at 6%; with 50% employer match about $52,115 at 4% or $34,743 at 6%; with 100% employer match about $39,086 at 4% or $26,057 at 6%. |
| 2023 | 2 | 55 | $23,016,200 | $1,416,483 | $25,754iApproximate average salary by contribution assumption: employee only about $643,856 at 4% or $429,237 at 6%; with 50% employer match about $429,237 at 4% or $286,158 at 6%; with 100% employer match about $321,928 at 4% or $214,619 at 6%. |
| Summit Helicopters Inc. Employee Stock Ownership Plan and Trust | - | 46 | $12,052,975 | $896,964 | $19,499iApproximate average salary by contribution assumption: employee only about $487,480 at 4% or $324,987 at 6%; with 50% employer match about $324,987 at 4% or $216,658 at 6%; with 100% employer match about $243,740 at 4% or $162,493 at 6%. |
| Summit Helicopters Inc. 401(K) Plan | - | 55 | $10,963,225 | $519,519 | $9,446iApproximate average salary by contribution assumption: employee only about $236,145 at 4% or $157,430 at 6%; with 50% employer match about $157,430 at 4% or $104,953 at 6%; with 100% employer match about $118,072 at 4% or $78,715 at 6%. |
| 2022 | 2 | 56 | $21,772,413 | $1,521,624 | $27,172iApproximate average salary by contribution assumption: employee only about $679,296 at 4% or $452,864 at 6%; with 50% employer match about $452,864 at 4% or $301,910 at 6%; with 100% employer match about $339,648 at 4% or $226,432 at 6%. |
| Summit Helicopters Inc. Employee Stock Ownership Plan and Trust | - | 51 | $12,362,220 | $496,964 | $9,744iApproximate average salary by contribution assumption: employee only about $243,610 at 4% or $162,407 at 6%; with 50% employer match about $162,407 at 4% or $108,271 at 6%; with 100% employer match about $121,805 at 4% or $81,203 at 6%. |
| Summit Helicopters Inc. 401(K) Plan | - | 56 | $9,410,193 | $1,024,660 | $18,298iApproximate average salary by contribution assumption: employee only about $457,438 at 4% or $304,958 at 6%; with 50% employer match about $304,958 at 4% or $203,306 at 6%; with 100% employer match about $228,719 at 4% or $152,479 at 6%. |
| 2021 | 2 | 56 | $23,412,084 | $783,405 | $13,989iApproximate average salary by contribution assumption: employee only about $349,734 at 4% or $233,156 at 6%; with 50% employer match about $233,156 at 4% or $155,438 at 6%; with 100% employer match about $174,867 at 4% or $116,578 at 6%. |
| Summit Helicopters Inc. Employee Stock Ownership Plan and Trust | - | 54 | $12,648,799 | $446,964 | $8,277iApproximate average salary by contribution assumption: employee only about $206,928 at 4% or $137,952 at 6%; with 50% employer match about $137,952 at 4% or $91,968 at 6%; with 100% employer match about $103,464 at 4% or $68,976 at 6%. |
| Summit Helicopters Inc. 401(K) Plan | - | 56 | $10,763,285 | $336,441 | $6,008iApproximate average salary by contribution assumption: employee only about $150,197 at 4% or $100,131 at 6%; with 50% employer match about $100,131 at 4% or $66,754 at 6%; with 100% employer match about $75,098 at 4% or $50,066 at 6%. |
| 2020 | 2 | 61 | $21,433,925 | $916,152 | $15,019iApproximate average salary by contribution assumption: employee only about $375,472 at 4% or $250,315 at 6%; with 50% employer match about $250,315 at 4% or $166,877 at 6%; with 100% employer match about $187,736 at 4% or $125,157 at 6%. |
| Summit Helicopters Inc. Employee Stock Ownership Plan and Trust | - | 55 | $12,246,767 | $396,964 | $7,218iApproximate average salary by contribution assumption: employee only about $180,438 at 4% or $120,292 at 6%; with 50% employer match about $120,292 at 4% or $80,195 at 6%; with 100% employer match about $90,219 at 4% or $60,146 at 6%. |
| Summit Helicopters Inc. 401(K) Plan | - | 61 | $9,187,158 | $519,188 | $8,511iApproximate average salary by contribution assumption: employee only about $212,782 at 4% or $141,855 at 6%; with 50% employer match about $141,855 at 4% or $94,570 at 6%; with 100% employer match about $106,391 at 4% or $70,927 at 6%. |
| 2019 | 2 | 59 | $19,101,198 | $728,125 | $12,341iApproximate average salary by contribution assumption: employee only about $308,528 at 4% or $205,685 at 6%; with 50% employer match about $205,685 at 4% or $137,123 at 6%; with 100% employer match about $154,264 at 4% or $102,843 at 6%. |
| Summit Helicopters Inc. Employee Stock Ownership Plan and Trust | - | 55 | $12,022,182 | $402,182 | $7,312iApproximate average salary by contribution assumption: employee only about $182,810 at 4% or $121,873 at 6%; with 50% employer match about $121,873 at 4% or $81,249 at 6%; with 100% employer match about $91,405 at 4% or $60,937 at 6%. |
| Summit Helicopters Inc. 401(K) Plan | - | 59 | $7,079,016 | $325,943 | $5,524iApproximate average salary by contribution assumption: employee only about $138,111 at 4% or $92,074 at 6%; with 50% employer match about $92,074 at 4% or $61,383 at 6%; with 100% employer match about $69,056 at 4% or $46,037 at 6%. |
| 2018 | 2 | 56 | $17,556,951 | $548,210 | $9,789iApproximate average salary by contribution assumption: employee only about $244,737 at 4% or $163,158 at 6%; with 50% employer match about $163,158 at 4% or $108,772 at 6%; with 100% employer match about $122,368 at 4% or $81,579 at 6%. |
| Summit Helicopters Inc. Employee Stock Ownership Plan and Trust | - | 56 | $11,956,863 | $250,000 | $4,464iApproximate average salary by contribution assumption: employee only about $111,607 at 4% or $74,405 at 6%; with 50% employer match about $74,405 at 4% or $49,603 at 6%; with 100% employer match about $55,804 at 4% or $37,202 at 6%. |
| Summit Helicopters Inc. 401(K) Plan | - | 56 | $5,600,088 | $298,210 | $5,325iApproximate average salary by contribution assumption: employee only about $133,129 at 4% or $88,753 at 6%; with 50% employer match about $88,753 at 4% or $59,169 at 6%; with 100% employer match about $66,565 at 4% or $44,376 at 6%. |
| 2017 | 2 | 54 | $17,870,873 | $986,149 | $18,262iApproximate average salary by contribution assumption: employee only about $456,550 at 4% or $304,367 at 6%; with 50% employer match about $304,367 at 4% or $202,911 at 6%; with 100% employer match about $228,275 at 4% or $152,183 at 6%. |
| Summit Helicopters Inc. Employee Stock Ownership Plan and Trust | - | 54 | $11,708,680 | $200,000 | $3,704iApproximate average salary by contribution assumption: employee only about $92,593 at 4% or $61,728 at 6%; with 50% employer match about $61,728 at 4% or $41,152 at 6%; with 100% employer match about $46,296 at 4% or $30,864 at 6%. |
| Summit Helicopters Inc. 401(K) Plan | - | 52 | $6,162,193 | $786,149 | $15,118iApproximate average salary by contribution assumption: employee only about $377,956 at 4% or $251,971 at 6%; with 50% employer match about $251,971 at 4% or $167,981 at 6%; with 100% employer match about $188,978 at 4% or $125,985 at 6%. |
| 2016 | 2 | 55 | $15,749,822 | $847,352 | $15,406iApproximate average salary by contribution assumption: employee only about $385,160 at 4% or $256,773 at 6%; with 50% employer match about $256,773 at 4% or $171,182 at 6%; with 100% employer match about $192,580 at 4% or $128,387 at 6%. |
| Summit Helicopters Inc. Employee Stock Ownership Plan and Trust | - | 55 | $10,980,332 | $550,000 | $10,000iApproximate average salary by contribution assumption: employee only about $250,000 at 4% or $166,667 at 6%; with 50% employer match about $166,667 at 4% or $111,111 at 6%; with 100% employer match about $125,000 at 4% or $83,333 at 6%. |
| Summit Helicopters Inc. 401(K) Plan | - | 52 | $4,769,490 | $297,352 | $5,718iApproximate average salary by contribution assumption: employee only about $142,958 at 4% or $95,305 at 6%; with 50% employer match about $95,305 at 4% or $63,537 at 6%; with 100% employer match about $71,479 at 4% or $47,653 at 6%. |
| 2015 | 2 | 51 | $14,884,886 | $1,118,406 | $21,930iApproximate average salary by contribution assumption: employee only about $548,238 at 4% or $365,492 at 6%; with 50% employer match about $365,492 at 4% or $243,661 at 6%; with 100% employer match about $274,119 at 4% or $182,746 at 6%. |
| Summit Helicopters Inc. Employee Stock Ownership Plan and Trust | - | 50 | $10,065,852 | $600,000 | $12,000iApproximate average salary by contribution assumption: employee only about $300,000 at 4% or $200,000 at 6%; with 50% employer match about $200,000 at 4% or $133,333 at 6%; with 100% employer match about $150,000 at 4% or $100,000 at 6%. |
| Summit Helicopters Inc. 401(K) Plan | - | 51 | $4,819,034 | $518,406 | $10,165iApproximate average salary by contribution assumption: employee only about $254,121 at 4% or $169,414 at 6%; with 50% employer match about $169,414 at 4% or $112,942 at 6%; with 100% employer match about $127,060 at 4% or $84,707 at 6%. |
| 2014 | 2 | 53 | $14,411,990 | $409,014 | $7,717iApproximate average salary by contribution assumption: employee only about $192,931 at 4% or $128,621 at 6%; with 50% employer match about $128,621 at 4% or $85,747 at 6%; with 100% employer match about $96,466 at 4% or $64,310 at 6%. |
| Summit Helicopters Inc. Employee Stock Ownership Plan and Trust | - | 53 | $9,869,380 | $100,000 | $1,887iApproximate average salary by contribution assumption: employee only about $47,170 at 4% or $31,447 at 6%; with 50% employer match about $31,447 at 4% or $20,964 at 6%; with 100% employer match about $23,585 at 4% or $15,723 at 6%. |
| Summit Helicopters Inc. 401(K) Plan | - | 49 | $4,542,610 | $309,014 | $6,306iApproximate average salary by contribution assumption: employee only about $157,660 at 4% or $105,107 at 6%; with 50% employer match about $105,107 at 4% or $70,071 at 6%; with 100% employer match about $78,830 at 4% or $52,553 at 6%. |
| 2013 | 2 | 50 | $15,499,800 | $488,712 | $9,774iApproximate average salary by contribution assumption: employee only about $244,356 at 4% or $162,904 at 6%; with 50% employer match about $162,904 at 4% or $108,603 at 6%; with 100% employer match about $122,178 at 4% or $81,452 at 6%. |
| Summit Helicopters Inc. Employee Stock Ownership Plan and Trust | - | 50 | $10,423,940 | $100,000 | $2,000iApproximate average salary by contribution assumption: employee only about $50,000 at 4% or $33,333 at 6%; with 50% employer match about $33,333 at 4% or $22,222 at 6%; with 100% employer match about $25,000 at 4% or $16,667 at 6%. |
| Summit Helicopters Inc. 401(K) Plan | - | 49 | $5,075,860 | $388,712 | $7,933iApproximate average salary by contribution assumption: employee only about $198,322 at 4% or $132,215 at 6%; with 50% employer match about $132,215 at 4% or $88,143 at 6%; with 100% employer match about $99,161 at 4% or $66,107 at 6%. |
| 2012 | 2 | 46 | $14,694,187 | $409,174 | $8,895iApproximate average salary by contribution assumption: employee only about $222,377 at 4% or $148,251 at 6%; with 50% employer match about $148,251 at 4% or $98,834 at 6%; with 100% employer match about $111,189 at 4% or $74,126 at 6%. |
| Summit Helicopters Inc. Employee Stock Ownership Plan and Trust | - | 45 | $10,587,697 | $100,000 | $2,222iApproximate average salary by contribution assumption: employee only about $55,556 at 4% or $37,037 at 6%; with 50% employer match about $37,037 at 4% or $24,691 at 6%; with 100% employer match about $27,778 at 4% or $18,519 at 6%. |
| Summit Helicopters Inc. 401(K) Plan | - | 46 | $4,106,490 | $309,174 | $6,721iApproximate average salary by contribution assumption: employee only about $168,029 at 4% or $112,020 at 6%; with 50% employer match about $112,020 at 4% or $74,680 at 6%; with 100% employer match about $84,015 at 4% or $56,010 at 6%. |
| 2011 | 2 | 54 | $14,090,319 | $0 | - |
| Summit Helicopters Inc. Employee Stock Ownership Plan and Trust | - | 54 | $10,593,321 | - | - |
| Summit Helicopters Inc. 401(K) Plan | - | 13 | $3,496,998 | $0 | - |
| 2010 | 1 | 56 | $14,176,204 | $0 | - |
| Summit Helicopters Inc. Employee Stock Ownership Plan and Trust | - | 56 | $14,176,204 | - | - |
| 2009 | 1 | 55 | $14,264,388 | $0 | - |
| Summit Helicopters Inc. Employee Stock Ownership Plan and Trust | - | 55 | $14,264,388 | - | - |
| 2008 | 1 | 53 | $13,100,092 | $0 | - |
| Summit Helicopters Inc. Employee Stock Ownership Plan and Trust | - | 53 | $13,100,092 | - | - |
| 2007 | 1 | 48 | $15,628,177 | $718,861 | $14,976iApproximate average salary by contribution assumption: employee only about $374,407 at 4% or $249,605 at 6%; with 50% employer match about $249,605 at 4% or $166,403 at 6%; with 100% employer match about $187,203 at 4% or $124,802 at 6%. |
| Summit Helicopters Inc. Employee Stock Ownership Plan and Trust | - | 48 | $15,628,177 | $718,861 | $14,976iApproximate average salary by contribution assumption: employee only about $374,407 at 4% or $249,605 at 6%; with 50% employer match about $249,605 at 4% or $166,403 at 6%; with 100% employer match about $187,203 at 4% or $124,802 at 6%. |
| 2006 | 1 | 48 | $0 | $0 | - |
| Summit Helicopters Inc. Employee Stock Ownership Plan and Trust | - | 48 | - | - | - |
| 2005 | 1 | 50 | $10,688,338 | $622,534 | $12,451iApproximate average salary by contribution assumption: employee only about $311,267 at 4% or $207,511 at 6%; with 50% employer match about $207,511 at 4% or $138,341 at 6%; with 100% employer match about $155,634 at 4% or $103,756 at 6%. |
| Summit Helicopters Inc. Employee Stock Ownership Plan and Trust | - | 50 | $10,688,338 | $622,534 | $12,451iApproximate average salary by contribution assumption: employee only about $311,267 at 4% or $207,511 at 6%; with 50% employer match about $207,511 at 4% or $138,341 at 6%; with 100% employer match about $155,634 at 4% or $103,756 at 6%. |
| 2004 | 1 | 46 | $9,947,933 | $608,244 | $13,223iApproximate average salary by contribution assumption: employee only about $330,567 at 4% or $220,378 at 6%; with 50% employer match about $220,378 at 4% or $146,919 at 6%; with 100% employer match about $165,284 at 4% or $110,189 at 6%. |
| Summit Helicopters Inc. Employee Stock Ownership Plan and Trust | - | 46 | $9,947,933 | $608,244 | $13,223iApproximate average salary by contribution assumption: employee only about $330,567 at 4% or $220,378 at 6%; with 50% employer match about $220,378 at 4% or $146,919 at 6%; with 100% employer match about $165,284 at 4% or $110,189 at 6%. |
| 2003 | 1 | 40 | $8,349,599 | $504,167 | $12,604iApproximate average salary by contribution assumption: employee only about $315,104 at 4% or $210,070 at 6%; with 50% employer match about $210,070 at 4% or $140,046 at 6%; with 100% employer match about $157,552 at 4% or $105,035 at 6%. |
| Summit Helicopters Inc. Employee Stock Ownership Plan and Trust | - | 40 | $8,349,599 | $504,167 | $12,604iApproximate average salary by contribution assumption: employee only about $315,104 at 4% or $210,070 at 6%; with 50% employer match about $210,070 at 4% or $140,046 at 6%; with 100% employer match about $157,552 at 4% or $105,035 at 6%. |
| 2002 | 1 | 37 | $6,964,438 | $504,597 | $13,638iApproximate average salary by contribution assumption: employee only about $340,944 at 4% or $227,296 at 6%; with 50% employer match about $227,296 at 4% or $151,531 at 6%; with 100% employer match about $170,472 at 4% or $113,648 at 6%. |
| Summit Helicopters Inc. Employee Stock Ownership Plan and Trust | - | 37 | $6,964,438 | $504,597 | $13,638iApproximate average salary by contribution assumption: employee only about $340,944 at 4% or $227,296 at 6%; with 50% employer match about $227,296 at 4% or $151,531 at 6%; with 100% employer match about $170,472 at 4% or $113,648 at 6%. |
| 2001 | 1 | 38 | $6,469,269 | $496,513 | $13,066iApproximate average salary by contribution assumption: employee only about $326,653 at 4% or $217,769 at 6%; with 50% employer match about $217,769 at 4% or $145,179 at 6%; with 100% employer match about $163,327 at 4% or $108,884 at 6%. |
| Summit Helicopters Inc. Employee Stock Ownership Plan and Trust | - | 38 | $6,469,269 | $496,513 | $13,066iApproximate average salary by contribution assumption: employee only about $326,653 at 4% or $217,769 at 6%; with 50% employer match about $217,769 at 4% or $145,179 at 6%; with 100% employer match about $163,327 at 4% or $108,884 at 6%. |
| 1999 | 1 | 36 | $5,330,945 | $100,000 | $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%. |
| Summit Helicopters Inc. Employee Stock Ownership Plan and Trust | - | 36 | $5,330,945 | $100,000 | $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%. |