Civic Intelligence

Summit Financial Group Inc.

Plan context: Summit Financial Group Inc. 401K Plan

EIN 73-1324497 • Tulsa, OK • 25 filings • 3 plans

1350 South Boulder #300Tulsa, OK 74119-3203
Current Snapshot

Latest Year

2024

2024 Participants

79

2024 Assets

$8,168,508

2024 Contributions

$570,501

Historical Graphs

Total Assets Over Time

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

$8,604,253$4,302,127$0199920132024YearValue
$8,168,508Latest year 2024

Participants Over Time

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

100500199920122024YearValue
79Latest 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
2024179$8,168,508$570,501$7,222iApproximate average salary by contribution assumption: employee only about $180,538 at 4% or $120,359 at 6%; with 50% employer match about $120,359 at 4% or $80,239 at 6%; with 100% employer match about $90,269 at 4% or $60,179 at 6%.
Summit Financial Group Inc. 401K Plan-79$8,168,508$570,501$7,222iApproximate average salary by contribution assumption: employee only about $180,538 at 4% or $120,359 at 6%; with 50% employer match about $120,359 at 4% or $80,239 at 6%; with 100% employer match about $90,269 at 4% or $60,179 at 6%.
2023179$7,575,426$437,712$5,541iApproximate average salary by contribution assumption: employee only about $138,516 at 4% or $92,344 at 6%; with 50% employer match about $92,344 at 4% or $61,563 at 6%; with 100% employer match about $69,258 at 4% or $46,172 at 6%.
Summit Financial Group Inc. 401K Plan-79$7,575,426$437,712$5,541iApproximate average salary by contribution assumption: employee only about $138,516 at 4% or $92,344 at 6%; with 50% employer match about $92,344 at 4% or $61,563 at 6%; with 100% employer match about $69,258 at 4% or $46,172 at 6%.
2022167$6,362,792$441,679$6,592iApproximate average salary by contribution assumption: employee only about $164,806 at 4% or $109,870 at 6%; with 50% employer match about $109,870 at 4% or $73,247 at 6%; with 100% employer match about $82,403 at 4% or $54,935 at 6%.
Summit Financial Group Inc. 401K Plan-67$6,362,792$441,679$6,592iApproximate average salary by contribution assumption: employee only about $164,806 at 4% or $109,870 at 6%; with 50% employer match about $109,870 at 4% or $73,247 at 6%; with 100% employer match about $82,403 at 4% or $54,935 at 6%.
2021189$8,604,253$545,394$6,128iApproximate average salary by contribution assumption: employee only about $153,201 at 4% or $102,134 at 6%; with 50% employer match about $102,134 at 4% or $68,089 at 6%; with 100% employer match about $76,600 at 4% or $51,067 at 6%.
Summit Financial Group Inc. 401K Plan-89$8,604,253$545,394$6,128iApproximate average salary by contribution assumption: employee only about $153,201 at 4% or $102,134 at 6%; with 50% employer match about $102,134 at 4% or $68,089 at 6%; with 100% employer match about $76,600 at 4% or $51,067 at 6%.
20201100$7,490,811$673,990$6,740iApproximate average salary by contribution assumption: employee only about $168,498 at 4% or $112,332 at 6%; with 50% employer match about $112,332 at 4% or $74,888 at 6%; with 100% employer match about $84,249 at 4% or $56,166 at 6%.
Summit Financial Group Inc. 401K Plan-100$7,490,811$673,990$6,740iApproximate average salary by contribution assumption: employee only about $168,498 at 4% or $112,332 at 6%; with 50% employer match about $112,332 at 4% or $74,888 at 6%; with 100% employer match about $84,249 at 4% or $56,166 at 6%.
2019191$7,171,499$540,568$5,940iApproximate average salary by contribution assumption: employee only about $148,508 at 4% or $99,005 at 6%; with 50% employer match about $99,005 at 4% or $66,003 at 6%; with 100% employer match about $74,254 at 4% or $49,503 at 6%.
Summit Financial Group Inc. 401K Plan-91$7,171,499$540,568$5,940iApproximate average salary by contribution assumption: employee only about $148,508 at 4% or $99,005 at 6%; with 50% employer match about $99,005 at 4% or $66,003 at 6%; with 100% employer match about $74,254 at 4% or $49,503 at 6%.
2018188$6,639,583$682,648$7,757iApproximate average salary by contribution assumption: employee only about $193,934 at 4% or $129,289 at 6%; with 50% employer match about $129,289 at 4% or $86,193 at 6%; with 100% employer match about $96,967 at 4% or $64,645 at 6%.
Summit Financial Group Inc. 401K Plan-88$6,639,583$682,648$7,757iApproximate average salary by contribution assumption: employee only about $193,934 at 4% or $129,289 at 6%; with 50% employer match about $129,289 at 4% or $86,193 at 6%; with 100% employer match about $96,967 at 4% or $64,645 at 6%.
20171100$6,922,902$658,501$6,585iApproximate average salary by contribution assumption: employee only about $164,625 at 4% or $109,750 at 6%; with 50% employer match about $109,750 at 4% or $73,167 at 6%; with 100% employer match about $82,313 at 4% or $54,875 at 6%.
Summit Financial Group Inc. 401K Plan-100$6,922,902$658,501$6,585iApproximate average salary by contribution assumption: employee only about $164,625 at 4% or $109,750 at 6%; with 50% employer match about $109,750 at 4% or $73,167 at 6%; with 100% employer match about $82,313 at 4% or $54,875 at 6%.
2016198$5,799,536$666,236$6,798iApproximate average salary by contribution assumption: employee only about $169,958 at 4% or $113,305 at 6%; with 50% employer match about $113,305 at 4% or $75,537 at 6%; with 100% employer match about $84,979 at 4% or $56,653 at 6%.
Summit Financial Group Inc. 401K Plan-98$5,799,536$666,236$6,798iApproximate average salary by contribution assumption: employee only about $169,958 at 4% or $113,305 at 6%; with 50% employer match about $113,305 at 4% or $75,537 at 6%; with 100% employer match about $84,979 at 4% or $56,653 at 6%.
2015189$4,875,714$610,954$6,865iApproximate average salary by contribution assumption: employee only about $171,616 at 4% or $114,411 at 6%; with 50% employer match about $114,411 at 4% or $76,274 at 6%; with 100% employer match about $85,808 at 4% or $57,205 at 6%.
Summit Financial Group Inc. 401K Plan-89$4,875,714$610,954$6,865iApproximate average salary by contribution assumption: employee only about $171,616 at 4% or $114,411 at 6%; with 50% employer match about $114,411 at 4% or $76,274 at 6%; with 100% employer match about $85,808 at 4% or $57,205 at 6%.
2014189$4,744,401$765,384$8,600iApproximate average salary by contribution assumption: employee only about $214,996 at 4% or $143,330 at 6%; with 50% employer match about $143,330 at 4% or $95,554 at 6%; with 100% employer match about $107,498 at 4% or $71,665 at 6%.
Summit Financial Group Inc. 401K Plan-89$4,744,401$765,384$8,600iApproximate average salary by contribution assumption: employee only about $214,996 at 4% or $143,330 at 6%; with 50% employer match about $143,330 at 4% or $95,554 at 6%; with 100% employer match about $107,498 at 4% or $71,665 at 6%.
2013178$3,959,484$622,439$7,980iApproximate average salary by contribution assumption: employee only about $199,500 at 4% or $133,000 at 6%; with 50% employer match about $133,000 at 4% or $88,667 at 6%; with 100% employer match about $99,750 at 4% or $66,500 at 6%.
Summit Financial Group Inc. 401K Plan-78$3,959,484$622,439$7,980iApproximate average salary by contribution assumption: employee only about $199,500 at 4% or $133,000 at 6%; with 50% employer match about $133,000 at 4% or $88,667 at 6%; with 100% employer match about $99,750 at 4% or $66,500 at 6%.
2012168$2,819,800$302,692$4,451iApproximate average salary by contribution assumption: employee only about $111,284 at 4% or $74,189 at 6%; with 50% employer match about $74,189 at 4% or $49,459 at 6%; with 100% employer match about $55,642 at 4% or $37,095 at 6%.
Summit Financial Group Inc. 401K Plan-68$2,819,800$302,692$4,451iApproximate average salary by contribution assumption: employee only about $111,284 at 4% or $74,189 at 6%; with 50% employer match about $74,189 at 4% or $49,459 at 6%; with 100% employer match about $55,642 at 4% or $37,095 at 6%.
2011165$2,225,922$264,004$4,062iApproximate average salary by contribution assumption: employee only about $101,540 at 4% or $67,693 at 6%; with 50% employer match about $67,693 at 4% or $45,129 at 6%; with 100% employer match about $50,770 at 4% or $33,847 at 6%.
Summit Financial Group Inc. 401K Plan-65$2,225,922$264,004$4,062iApproximate average salary by contribution assumption: employee only about $101,540 at 4% or $67,693 at 6%; with 50% employer match about $67,693 at 4% or $45,129 at 6%; with 100% employer match about $50,770 at 4% or $33,847 at 6%.
2010158$2,066,102$289,028$4,983iApproximate average salary by contribution assumption: employee only about $124,581 at 4% or $83,054 at 6%; with 50% employer match about $83,054 at 4% or $55,369 at 6%; with 100% employer match about $62,291 at 4% or $41,527 at 6%.
Summit Financial Group Inc. 401K Plan-58$2,066,102$289,028$4,983iApproximate average salary by contribution assumption: employee only about $124,581 at 4% or $83,054 at 6%; with 50% employer match about $83,054 at 4% or $55,369 at 6%; with 100% employer match about $62,291 at 4% or $41,527 at 6%.
2009158$1,550,962$239,782$4,134iApproximate average salary by contribution assumption: employee only about $103,354 at 4% or $68,903 at 6%; with 50% employer match about $68,903 at 4% or $45,935 at 6%; with 100% employer match about $51,677 at 4% or $34,451 at 6%.
Summit Financial Group Inc. 401K Plan-58$1,550,962$239,782$4,134iApproximate average salary by contribution assumption: employee only about $103,354 at 4% or $68,903 at 6%; with 50% employer match about $68,903 at 4% or $45,935 at 6%; with 100% employer match about $51,677 at 4% or $34,451 at 6%.
2008145$1,083,478$208,803$4,640iApproximate average salary by contribution assumption: employee only about $116,002 at 4% or $77,334 at 6%; with 50% employer match about $77,334 at 4% or $51,556 at 6%; with 100% employer match about $58,001 at 4% or $38,667 at 6%.
Summit Financial Group Inc. 401K Plan-45$1,083,478$208,803$4,640iApproximate average salary by contribution assumption: employee only about $116,002 at 4% or $77,334 at 6%; with 50% employer match about $77,334 at 4% or $51,556 at 6%; with 100% employer match about $58,001 at 4% or $38,667 at 6%.
2007137$1,389,084$194,650$5,261iApproximate average salary by contribution assumption: employee only about $131,520 at 4% or $87,680 at 6%; with 50% employer match about $87,680 at 4% or $58,453 at 6%; with 100% employer match about $65,760 at 4% or $43,840 at 6%.
Summit Financial Group Inc. 401K Plan-37$1,389,084$194,650$5,261iApproximate average salary by contribution assumption: employee only about $131,520 at 4% or $87,680 at 6%; with 50% employer match about $87,680 at 4% or $58,453 at 6%; with 100% employer match about $65,760 at 4% or $43,840 at 6%.
2005133$1,073,377$165,103$5,003iApproximate average salary by contribution assumption: employee only about $125,078 at 4% or $83,385 at 6%; with 50% employer match about $83,385 at 4% or $55,590 at 6%; with 100% employer match about $62,539 at 4% or $41,693 at 6%.
Summit Financial Group Inc. 401K Plan-33$1,073,377$165,103$5,003iApproximate average salary by contribution assumption: employee only about $125,078 at 4% or $83,385 at 6%; with 50% employer match about $83,385 at 4% or $55,590 at 6%; with 100% employer match about $62,539 at 4% or $41,693 at 6%.
2004135$881,121$162,740$4,650iApproximate average salary by contribution assumption: employee only about $116,243 at 4% or $77,495 at 6%; with 50% employer match about $77,495 at 4% or $51,663 at 6%; with 100% employer match about $58,121 at 4% or $38,748 at 6%.
Summit Financial Group Inc. 401K Plan-35$881,121$162,740$4,650iApproximate average salary by contribution assumption: employee only about $116,243 at 4% or $77,495 at 6%; with 50% employer match about $77,495 at 4% or $51,663 at 6%; with 100% employer match about $58,121 at 4% or $38,748 at 6%.
2003163$678,129$160,238$2,543iApproximate average salary by contribution assumption: employee only about $63,587 at 4% or $42,391 at 6%; with 50% employer match about $42,391 at 4% or $28,261 at 6%; with 100% employer match about $31,793 at 4% or $21,196 at 6%.
Summit Financial Group Inc. 401K Plan-63$678,129$160,238$2,543iApproximate average salary by contribution assumption: employee only about $63,587 at 4% or $42,391 at 6%; with 50% employer match about $42,391 at 4% or $28,261 at 6%; with 100% employer match about $31,793 at 4% or $21,196 at 6%.
2002176$416,167$122,152$1,607iApproximate average salary by contribution assumption: employee only about $40,182 at 4% or $26,788 at 6%; with 50% employer match about $26,788 at 4% or $17,858 at 6%; with 100% employer match about $20,091 at 4% or $13,394 at 6%.
Summit Financial Group Inc. 401K Plan-76$416,167$122,152$1,607iApproximate average salary by contribution assumption: employee only about $40,182 at 4% or $26,788 at 6%; with 50% employer match about $26,788 at 4% or $17,858 at 6%; with 100% employer match about $20,091 at 4% or $13,394 at 6%.
2001150$0$0-
Summit Financial Group Inc. 401K Plan-50---
2000127$355,426$74,558$2,761iApproximate average salary by contribution assumption: employee only about $69,035 at 4% or $46,023 at 6%; with 50% employer match about $46,023 at 4% or $30,682 at 6%; with 100% employer match about $34,518 at 4% or $23,012 at 6%.
Summit Financial Group Inc. 401K Plan-27$355,426$74,558$2,761iApproximate average salary by contribution assumption: employee only about $69,035 at 4% or $46,023 at 6%; with 50% employer match about $46,023 at 4% or $30,682 at 6%; with 100% employer match about $34,518 at 4% or $23,012 at 6%.
1999118$373,693$79,360$4,409iApproximate average salary by contribution assumption: employee only about $110,222 at 4% or $73,481 at 6%; with 50% employer match about $73,481 at 4% or $48,988 at 6%; with 100% employer match about $55,111 at 4% or $36,741 at 6%.
Summit Financial Group Inc. 401K Plan-18$373,693$79,360$4,409iApproximate average salary by contribution assumption: employee only about $110,222 at 4% or $73,481 at 6%; with 50% employer match about $73,481 at 4% or $48,988 at 6%; with 100% employer match about $55,111 at 4% or $36,741 at 6%.