Summit Consulting Group Inc.
Plan context: Summit Consulting Group Inc. 401(K) Plan
EIN 56-2340581 • Annapolis, MD • 6 filings • 2 plans
Current Snapshot
Latest Year
2020
2020 Participants
2
2020 Assets
$198,232
2020 Contributions
$13,335
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 |
|---|---|---|---|---|---|
| 2020 | 1 | 2 | $198,232 | $0 | - |
| Summit Consulting Group Inc. 401(K) Plan | - | 2 | $198,232 | $0 | - |
| 2019 | 1 | 3 | $265,276 | $13,335 | $4,445iApproximate average salary by contribution assumption: employee only about $111,125 at 4% or $74,083 at 6%; with 50% employer match about $74,083 at 4% or $49,389 at 6%; with 100% employer match about $55,563 at 4% or $37,042 at 6%. |
| Summit Consulting Group Inc. 401(K) Plan | - | 3 | $265,276 | $13,335 | $4,445iApproximate average salary by contribution assumption: employee only about $111,125 at 4% or $74,083 at 6%; with 50% employer match about $74,083 at 4% or $49,389 at 6%; with 100% employer match about $55,563 at 4% or $37,042 at 6%. |
| 2018 | 1 | 3 | $232,850 | $66,892 | $22,297iApproximate average salary by contribution assumption: employee only about $557,433 at 4% or $371,622 at 6%; with 50% employer match about $371,622 at 4% or $247,748 at 6%; with 100% employer match about $278,717 at 4% or $185,811 at 6%. |
| Summit Consulting Group Inc. 401(K) Plan | - | 3 | $232,850 | $66,892 | $22,297iApproximate average salary by contribution assumption: employee only about $557,433 at 4% or $371,622 at 6%; with 50% employer match about $371,622 at 4% or $247,748 at 6%; with 100% employer match about $278,717 at 4% or $185,811 at 6%. |
| 2017 | 1 | 3 | $179,947 | $138,324 | $46,108iApproximate average salary by contribution assumption: employee only about $1,152,700 at 4% or $768,467 at 6%; with 50% employer match about $768,467 at 4% or $512,311 at 6%; with 100% employer match about $576,350 at 4% or $384,233 at 6%. |
| Summit Consulting Group Inc. 401(K) Plan | - | 3 | $179,947 | $138,324 | $46,108iApproximate average salary by contribution assumption: employee only about $1,152,700 at 4% or $768,467 at 6%; with 50% employer match about $768,467 at 4% or $512,311 at 6%; with 100% employer match about $576,350 at 4% or $384,233 at 6%. |
| 2016 | 2 | 3 | $304,300 | $304,300 | $101,433iApproximate average salary by contribution assumption: employee only about $2,535,833 at 4% or $1,690,556 at 6%; with 50% employer match about $1,690,556 at 4% or $1,127,037 at 6%; with 100% employer match about $1,267,917 at 4% or $845,278 at 6%. |
| Summit Consulting Group Inc. Cash Balance Plan | - | 2 | $265,000 | $265,000 | $132,500iApproximate average salary by contribution assumption: employee only about $3,312,500 at 4% or $2,208,333 at 6%; with 50% employer match about $2,208,333 at 4% or $1,472,222 at 6%; with 100% employer match about $1,656,250 at 4% or $1,104,167 at 6%. |
| Summit Consulting Group Inc. 401(K) Plan | - | 3 | $39,300 | $39,300 | $13,100iApproximate average salary by contribution assumption: employee only about $327,500 at 4% or $218,333 at 6%; with 50% employer match about $218,333 at 4% or $145,556 at 6%; with 100% employer match about $163,750 at 4% or $109,167 at 6%. |