Summit Electric Inc.
Plan context: Summit Electric Inc. 401K Profit Sharing Plan
EIN 68-0438816 • 6 filings • 1 plans
Current Snapshot
Latest Year
2005
2005 Participants
70
2005 Assets
$707,869
2005 Contributions
$100,108
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 |
|---|---|---|---|---|---|
| 2005 | 1 | 70 | $707,869 | $100,108 | $1,430iApproximate average salary by contribution assumption: employee only about $35,753 at 4% or $23,835 at 6%; with 50% employer match about $23,835 at 4% or $15,890 at 6%; with 100% employer match about $17,876 at 4% or $11,918 at 6%. |
| Summit Electric Inc. 401K Profit Sharing Plan | - | 70 | $707,869 | $100,108 | $1,430iApproximate average salary by contribution assumption: employee only about $35,753 at 4% or $23,835 at 6%; with 50% employer match about $23,835 at 4% or $15,890 at 6%; with 100% employer match about $17,876 at 4% or $11,918 at 6%. |
| 2004 | 1 | 53 | $586,179 | $70,670 | $1,333iApproximate average salary by contribution assumption: employee only about $33,335 at 4% or $22,223 at 6%; with 50% employer match about $22,223 at 4% or $14,816 at 6%; with 100% employer match about $16,667 at 4% or $11,112 at 6%. |
| Summit Electric Inc. 401K Profit Sharing Plan | - | 53 | $586,179 | $70,670 | $1,333iApproximate average salary by contribution assumption: employee only about $33,335 at 4% or $22,223 at 6%; with 50% employer match about $22,223 at 4% or $14,816 at 6%; with 100% employer match about $16,667 at 4% or $11,112 at 6%. |
| 2003 | 1 | 41 | $486,963 | $104,954 | $2,560iApproximate average salary by contribution assumption: employee only about $63,996 at 4% or $42,664 at 6%; with 50% employer match about $42,664 at 4% or $28,443 at 6%; with 100% employer match about $31,998 at 4% or $21,332 at 6%. |
| Summit Electric Inc. 401K Profit Sharing Plan | - | 41 | $486,963 | $104,954 | $2,560iApproximate average salary by contribution assumption: employee only about $63,996 at 4% or $42,664 at 6%; with 50% employer match about $42,664 at 4% or $28,443 at 6%; with 100% employer match about $31,998 at 4% or $21,332 at 6%. |
| 2002 | 1 | 31 | $370,274 | $40,058 | $1,292iApproximate average salary by contribution assumption: employee only about $32,305 at 4% or $21,537 at 6%; with 50% employer match about $21,537 at 4% or $14,358 at 6%; with 100% employer match about $16,152 at 4% or $10,768 at 6%. |
| Summit Electric Inc. 401K Profit Sharing Plan | - | 31 | $370,274 | $40,058 | $1,292iApproximate average salary by contribution assumption: employee only about $32,305 at 4% or $21,537 at 6%; with 50% employer match about $21,537 at 4% or $14,358 at 6%; with 100% employer match about $16,152 at 4% or $10,768 at 6%. |
| 2001 | 1 | 25 | $0 | $0 | - |
| Summit Electric Inc. 401K Profit Sharing Plan | - | 25 | - | - | - |
| 1999 | 1 | 18 | $354,496 | $25,714 | $1,429iApproximate average salary by contribution assumption: employee only about $35,714 at 4% or $23,809 at 6%; with 50% employer match about $23,809 at 4% or $15,873 at 6%; with 100% employer match about $17,857 at 4% or $11,905 at 6%. |
| Summit Electric Inc. 401K Profit Sharing Plan | - | 18 | $354,496 | $25,714 | $1,429iApproximate average salary by contribution assumption: employee only about $35,714 at 4% or $23,809 at 6%; with 50% employer match about $23,809 at 4% or $15,873 at 6%; with 100% employer match about $17,857 at 4% or $11,905 at 6%. |