Summit Electric Corporation
Plan context: Summit Electric Corporation 401K Profit Sharing Plan
EIN 59-1409579 • Miami, FL • 37 filings • 5 plans
Current Snapshot
Latest Year
2016
2016 Participants
12
2016 Assets
$500,096
2016 Contributions
$44,138
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 |
|---|---|---|---|---|---|
| 2016 | 2 | 0 | $0 | $0 | - |
| Summit Electric Corporation Profit Sharing Plan | - | 0 | $0 | - | - |
| Summit Electric Corporation 401K Profit Sharing Plan | - | 0 | $0 | - | - |
| 2015 | 3 | 12 | $500,096 | $44,138 | $3,678iApproximate average salary by contribution assumption: employee only about $91,954 at 4% or $61,303 at 6%; with 50% employer match about $61,303 at 4% or $40,869 at 6%; with 100% employer match about $45,977 at 4% or $30,651 at 6%. |
| Summit Electric Corporation 401K Profit Sharing Plan | - | 12 | $500,096 | $44,138 | $3,678iApproximate average salary by contribution assumption: employee only about $91,954 at 4% or $61,303 at 6%; with 50% employer match about $61,303 at 4% or $40,869 at 6%; with 100% employer match about $45,977 at 4% or $30,651 at 6%. |
| Summit Electric Corporation Profit Sharing Plan | - | 0 | $0 | - | - |
| Summit Electric Corporation 401K Profit Sharing Plan | - | 0 | $0 | - | - |
| 2014 | 2 | 19 | $2,146,019 | $44,506 | $2,342iApproximate average salary by contribution assumption: employee only about $58,561 at 4% or $39,040 at 6%; with 50% employer match about $39,040 at 4% or $26,027 at 6%; with 100% employer match about $29,280 at 4% or $19,520 at 6%. |
| Summit Electric Corporation Profit Sharing Plan | - | 19 | $1,517,640 | - | - |
| Summit Electric Corporation 401K Profit Sharing Plan | - | 14 | $628,379 | $44,506 | $3,179iApproximate average salary by contribution assumption: employee only about $79,475 at 4% or $52,983 at 6%; with 50% employer match about $52,983 at 4% or $35,322 at 6%; with 100% employer match about $39,738 at 4% or $26,492 at 6%. |
| 2013 | 2 | 23 | $3,784,476 | $52,503 | $2,283iApproximate average salary by contribution assumption: employee only about $57,068 at 4% or $38,046 at 6%; with 50% employer match about $38,046 at 4% or $25,364 at 6%; with 100% employer match about $28,534 at 4% or $19,023 at 6%. |
| Summit Electric Corporation Profit Sharing Plan | - | 23 | $2,773,383 | - | - |
| Summit Electric Corporation 401K Profit Sharing Plan | - | 17 | $1,011,093 | $52,503 | $3,088iApproximate average salary by contribution assumption: employee only about $77,210 at 4% or $51,474 at 6%; with 50% employer match about $51,474 at 4% or $34,316 at 6%; with 100% employer match about $38,605 at 4% or $25,737 at 6%. |
| 2012 | 2 | 23 | $3,780,844 | $66,008 | $2,870iApproximate average salary by contribution assumption: employee only about $71,748 at 4% or $47,832 at 6%; with 50% employer match about $47,832 at 4% or $31,888 at 6%; with 100% employer match about $35,874 at 4% or $23,916 at 6%. |
| Summit Electric Corporation Profit Sharing Plan | - | 23 | $2,812,084 | $0 | - |
| Summit Electric Corporation 401K Profit Sharing Plan | - | 18 | $968,760 | $66,008 | $3,667iApproximate average salary by contribution assumption: employee only about $91,678 at 4% or $61,119 at 6%; with 50% employer match about $61,119 at 4% or $40,746 at 6%; with 100% employer match about $45,839 at 4% or $30,559 at 6%. |
| 2011 | 2 | 25 | $3,639,367 | $56,791 | $2,272iApproximate average salary by contribution assumption: employee only about $56,791 at 4% or $37,861 at 6%; with 50% employer match about $37,861 at 4% or $25,240 at 6%; with 100% employer match about $28,395 at 4% or $18,930 at 6%. |
| Summit Electric Corporation Profit Sharing Plan | - | 25 | $2,740,148 | - | - |
| Summit Electric Corporation 401K Profit Sharing Plan | - | 18 | $899,219 | $56,791 | $3,155iApproximate average salary by contribution assumption: employee only about $78,876 at 4% or $52,584 at 6%; with 50% employer match about $52,584 at 4% or $35,056 at 6%; with 100% employer match about $39,438 at 4% or $26,292 at 6%. |
| 2010 | 2 | 27 | $3,943,267 | $67,991 | $2,518iApproximate average salary by contribution assumption: employee only about $62,955 at 4% or $41,970 at 6%; with 50% employer match about $41,970 at 4% or $27,980 at 6%; with 100% employer match about $31,477 at 4% or $20,985 at 6%. |
| Summit Electric Corporation Profit Sharing Plan | - | 27 | $3,051,183 | - | - |
| Summit Electric Corporation 401K Profit Sharing Plan | - | 17 | $892,084 | $67,991 | $3,999iApproximate average salary by contribution assumption: employee only about $99,987 at 4% or $66,658 at 6%; with 50% employer match about $66,658 at 4% or $44,439 at 6%; with 100% employer match about $49,993 at 4% or $33,329 at 6%. |
| 2009 | 2 | 27 | $3,357,048 | $77,164 | $2,858iApproximate average salary by contribution assumption: employee only about $71,448 at 4% or $47,632 at 6%; with 50% employer match about $47,632 at 4% or $31,755 at 6%; with 100% employer match about $35,724 at 4% or $23,816 at 6%. |
| Summit Electric Corporation Profit Sharing Plan | - | 27 | $2,562,051 | - | - |
| Summit Electric Corporation 401K Profit Sharing Plan | - | 19 | $794,997 | $77,164 | $4,061iApproximate average salary by contribution assumption: employee only about $101,532 at 4% or $67,688 at 6%; with 50% employer match about $67,688 at 4% or $45,125 at 6%; with 100% employer match about $50,766 at 4% or $33,844 at 6%. |
| 2008 | 2 | 20 | $0 | $0 | - |
| Summit Electric Corporation 401K Profit Sharing Plan | - | 20 | - | - | - |
| Summit Electric Corporation Profit Sharing Plan | - | 20 | - | - | - |
| 2007 | 2 | 20 | $0 | $0 | - |
| Summit Electric Corporation Profit Sharing Plan | - | 20 | - | - | - |
| Summit Electric Corporation 401K Profit Sharing Plan | - | 20 | - | - | - |
| 2006 | 2 | 20 | $3,381,677 | $82,097 | $4,105iApproximate average salary by contribution assumption: employee only about $102,621 at 4% or $68,414 at 6%; with 50% employer match about $68,414 at 4% or $45,609 at 6%; with 100% employer match about $51,311 at 4% or $34,207 at 6%. |
| Summit Electric Corporation Profit Sharing Plan | - | 20 | $2,518,511 | - | - |
| Summit Electric Corporation 401K Profit Sharing Plan | - | 20 | $863,166 | $82,097 | $4,105iApproximate average salary by contribution assumption: employee only about $102,621 at 4% or $68,414 at 6%; with 50% employer match about $68,414 at 4% or $45,609 at 6%; with 100% employer match about $51,311 at 4% or $34,207 at 6%. |
| 2005 | 2 | 21 | $3,074,853 | $128,520 | $6,120iApproximate average salary by contribution assumption: employee only about $153,000 at 4% or $102,000 at 6%; with 50% employer match about $102,000 at 4% or $68,000 at 6%; with 100% employer match about $76,500 at 4% or $51,000 at 6%. |
| Summit Electric Corporation Profit Sharing Plan | - | 21 | $2,283,513 | $50,000 | $2,381iApproximate average salary by contribution assumption: employee only about $59,524 at 4% or $39,683 at 6%; with 50% employer match about $39,683 at 4% or $26,455 at 6%; with 100% employer match about $29,762 at 4% or $19,841 at 6%. |
| Summit Electric Corporation 401K Profit Sharing Plan | - | 21 | $791,340 | $78,520 | $3,739iApproximate average salary by contribution assumption: employee only about $93,476 at 4% or $62,317 at 6%; with 50% employer match about $62,317 at 4% or $41,545 at 6%; with 100% employer match about $46,738 at 4% or $31,159 at 6%. |
| 2004 | 2 | 19 | $2,775,289 | $169,138 | $8,902iApproximate average salary by contribution assumption: employee only about $222,550 at 4% or $148,367 at 6%; with 50% employer match about $148,367 at 4% or $98,911 at 6%; with 100% employer match about $111,275 at 4% or $74,183 at 6%. |
| Summit Electric Corporation Profit Sharing Plan | - | 19 | $2,139,377 | $50,000 | $2,632iApproximate average salary by contribution assumption: employee only about $65,789 at 4% or $43,860 at 6%; with 50% employer match about $43,860 at 4% or $29,240 at 6%; with 100% employer match about $32,895 at 4% or $21,930 at 6%. |
| Summit Electric Corporation 401K Profit Sharing Plan | - | 19 | $635,912 | $119,138 | $6,270iApproximate average salary by contribution assumption: employee only about $156,761 at 4% or $104,507 at 6%; with 50% employer match about $104,507 at 4% or $69,671 at 6%; with 100% employer match about $78,380 at 4% or $52,254 at 6%. |
| 2003 | 2 | 22 | $548,903 | $67,770 | $3,080iApproximate average salary by contribution assumption: employee only about $77,011 at 4% or $51,341 at 6%; with 50% employer match about $51,341 at 4% or $34,227 at 6%; with 100% employer match about $38,506 at 4% or $25,670 at 6%. |
| Summit Electric Corporation 401K Profit Sharing Plan | - | 19 | $548,903 | $67,770 | $3,567iApproximate average salary by contribution assumption: employee only about $89,171 at 4% or $59,447 at 6%; with 50% employer match about $59,447 at 4% or $39,632 at 6%; with 100% employer match about $44,586 at 4% or $29,724 at 6%. |
| Summit Electric Corporation Profit Sharing Plan | - | 22 | - | - | - |
| 2002 | 2 | 25 | $1,915,146 | $20,000 | $800iApproximate average salary by contribution assumption: employee only about $20,000 at 4% or $13,333 at 6%; with 50% employer match about $13,333 at 4% or $8,889 at 6%; with 100% employer match about $10,000 at 4% or $6,667 at 6%. |
| Summit Electric Corporation Profit Sharing Plan | - | 25 | $1,915,146 | $20,000 | $800iApproximate average salary by contribution assumption: employee only about $20,000 at 4% or $13,333 at 6%; with 50% employer match about $13,333 at 4% or $8,889 at 6%; with 100% employer match about $10,000 at 4% or $6,667 at 6%. |
| Summit Electric Corporation 401K Profit Sharing Plan | - | 24 | - | - | - |
| 2001 | 2 | 30 | $2,005,014 | $100,000 | $3,333iApproximate average salary by contribution assumption: employee only about $83,333 at 4% or $55,556 at 6%; with 50% employer match about $55,556 at 4% or $37,037 at 6%; with 100% employer match about $41,667 at 4% or $27,778 at 6%. |
| Summit Electric Corporation Profit Sharing Plan | - | 30 | $2,005,014 | $100,000 | $3,333iApproximate average salary by contribution assumption: employee only about $83,333 at 4% or $55,556 at 6%; with 50% employer match about $55,556 at 4% or $37,037 at 6%; with 100% employer match about $41,667 at 4% or $27,778 at 6%. |
| Summit Electric Corporation 401K Profit Sharing Plan | - | 29 | - | - | - |
| 2000 | 2 | 28 | $3,010,434 | $168,723 | $6,026iApproximate average salary by contribution assumption: employee only about $150,646 at 4% or $100,430 at 6%; with 50% employer match about $100,430 at 4% or $66,954 at 6%; with 100% employer match about $75,323 at 4% or $50,215 at 6%. |
| Summit Electric Corporation Profit Sharing Plan | - | 28 | $2,461,888 | $102,957 | $3,677iApproximate average salary by contribution assumption: employee only about $91,926 at 4% or $61,284 at 6%; with 50% employer match about $61,284 at 4% or $40,856 at 6%; with 100% employer match about $45,963 at 4% or $30,642 at 6%. |
| Summit Electric Corporation 401K Profit Sharing Plan | - | 28 | $548,546 | $65,766 | $2,349iApproximate average salary by contribution assumption: employee only about $58,720 at 4% or $39,146 at 6%; with 50% employer match about $39,146 at 4% or $26,098 at 6%; with 100% employer match about $29,360 at 4% or $19,573 at 6%. |
| 1999 | 2 | 27 | $3,715,210 | $158,602 | $5,874iApproximate average salary by contribution assumption: employee only about $146,854 at 4% or $97,902 at 6%; with 50% employer match about $97,902 at 4% or $65,268 at 6%; with 100% employer match about $73,427 at 4% or $48,951 at 6%. |
| Summit Electric Corporation Profit Sharing Plan | - | 27 | $3,092,004 | $90,000 | $3,333iApproximate average salary by contribution assumption: employee only about $83,333 at 4% or $55,556 at 6%; with 50% employer match about $55,556 at 4% or $37,037 at 6%; with 100% employer match about $41,667 at 4% or $27,778 at 6%. |
| Summit Electric Corporation 401K Profit Sharing Plan | - | 27 | $623,206 | $68,602 | $2,541iApproximate average salary by contribution assumption: employee only about $63,520 at 4% or $42,347 at 6%; with 50% employer match about $42,347 at 4% or $28,231 at 6%; with 100% employer match about $31,760 at 4% or $21,173 at 6%. |