Civic Intelligence

Summit Group LLC

Plan context: Summit Group LLC 401(K) Plan

EIN 80-0589384 • Silver Spring, MD • 29 filings • 3 plans

11961 Tech RoadSilver Spring, MD 20904
Current Snapshot

Latest Year

2024

2024 Participants

100

2024 Assets

$18,957,593

2024 Contributions

$2,367,052

Historical Graphs

Total Assets Over Time

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

$19,072,684$9,536,342$0201120182024YearValue
$18,957,593Latest year 2024

Participants Over Time

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

2111060201020172024YearValue
100Latest 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
20242100$18,957,593$2,367,052$23,671iApproximate average salary by contribution assumption: employee only about $591,763 at 4% or $394,509 at 6%; with 50% employer match about $394,509 at 4% or $263,006 at 6%; with 100% employer match about $295,882 at 4% or $197,254 at 6%.
Summit Group LLC 401(K) Plan-100$18,945,390$1,009,212$10,092iApproximate average salary by contribution assumption: employee only about $252,303 at 4% or $168,202 at 6%; with 50% employer match about $168,202 at 4% or $112,135 at 6%; with 100% employer match about $126,152 at 4% or $84,101 at 6%.
Summit Employee Benefit Plan Trust-64$12,203$1,357,840$21,216iApproximate average salary by contribution assumption: employee only about $530,406 at 4% or $353,604 at 6%; with 50% employer match about $353,604 at 4% or $235,736 at 6%; with 100% employer match about $265,203 at 4% or $176,802 at 6%.
20232117$16,759,925$2,599,700$22,220iApproximate average salary by contribution assumption: employee only about $555,491 at 4% or $370,328 at 6%; with 50% employer match about $370,328 at 4% or $246,885 at 6%; with 100% employer match about $277,746 at 4% or $185,164 at 6%.
Summit Group LLC 401(K) Plan-117$16,644,330$1,275,415$10,901iApproximate average salary by contribution assumption: employee only about $272,525 at 4% or $181,683 at 6%; with 50% employer match about $181,683 at 4% or $121,122 at 6%; with 100% employer match about $136,262 at 4% or $90,842 at 6%.
Summit Employee Benefit Plan Trust-75$115,595$1,324,285$17,657iApproximate average salary by contribution assumption: employee only about $441,428 at 4% or $294,286 at 6%; with 50% employer match about $294,286 at 4% or $196,190 at 6%; with 100% employer match about $220,714 at 4% or $147,143 at 6%.
20222124$15,326,805$858,858$6,926iApproximate average salary by contribution assumption: employee only about $173,157 at 4% or $115,438 at 6%; with 50% employer match about $115,438 at 4% or $76,959 at 6%; with 100% employer match about $86,578 at 4% or $57,719 at 6%.
Summit Group LLC 401(K) Plan-124$15,326,805$858,858$6,926iApproximate average salary by contribution assumption: employee only about $173,157 at 4% or $115,438 at 6%; with 50% employer match about $115,438 at 4% or $76,959 at 6%; with 100% employer match about $86,578 at 4% or $57,719 at 6%.
Summit Group Welfare Plan-93---
20212103$18,979,056$612,211$5,944iApproximate average salary by contribution assumption: employee only about $148,595 at 4% or $99,063 at 6%; with 50% employer match about $99,063 at 4% or $66,042 at 6%; with 100% employer match about $74,297 at 4% or $49,532 at 6%.
Summit Group LLC 401(K) Plan-103$18,979,056$612,211$5,944iApproximate average salary by contribution assumption: employee only about $148,595 at 4% or $99,063 at 6%; with 50% employer match about $99,063 at 4% or $66,042 at 6%; with 100% employer match about $74,297 at 4% or $49,532 at 6%.
Summit Group Welfare Plan-91---
2020293$19,072,684$783,303$8,423iApproximate average salary by contribution assumption: employee only about $210,565 at 4% or $140,377 at 6%; with 50% employer match about $140,377 at 4% or $93,585 at 6%; with 100% employer match about $105,283 at 4% or $70,188 at 6%.
Summit Group LLC 401(K) Plan-93$19,072,684$783,303$8,423iApproximate average salary by contribution assumption: employee only about $210,565 at 4% or $140,377 at 6%; with 50% employer match about $140,377 at 4% or $93,585 at 6%; with 100% employer match about $105,283 at 4% or $70,188 at 6%.
Summit Group Welfare Plan-91---
20192147$18,738,782$1,193,758$8,121iApproximate average salary by contribution assumption: employee only about $203,020 at 4% or $135,347 at 6%; with 50% employer match about $135,347 at 4% or $90,231 at 6%; with 100% employer match about $101,510 at 4% or $67,673 at 6%.
Summit Group LLC 401(K) Plan-147$18,738,782$1,193,758$8,121iApproximate average salary by contribution assumption: employee only about $203,020 at 4% or $135,347 at 6%; with 50% employer match about $135,347 at 4% or $90,231 at 6%; with 100% employer match about $101,510 at 4% or $67,673 at 6%.
Summit Group Welfare Plan-144---
20182144$15,953,644$1,174,963$8,159iApproximate average salary by contribution assumption: employee only about $203,987 at 4% or $135,991 at 6%; with 50% employer match about $135,991 at 4% or $90,661 at 6%; with 100% employer match about $101,993 at 4% or $67,996 at 6%.
Summit Group LLC 401(K) Plan-142$15,953,644$1,174,963$8,274iApproximate average salary by contribution assumption: employee only about $206,860 at 4% or $137,906 at 6%; with 50% employer match about $137,906 at 4% or $91,938 at 6%; with 100% employer match about $103,430 at 4% or $68,953 at 6%.
Summit Group Welfare Plan-144---
20172151$16,848,304$1,325,215$8,776iApproximate average salary by contribution assumption: employee only about $219,406 at 4% or $146,271 at 6%; with 50% employer match about $146,271 at 4% or $97,514 at 6%; with 100% employer match about $109,703 at 4% or $73,135 at 6%.
Summit Group LLC 401(K) Plan-151$16,848,304$1,325,215$8,776iApproximate average salary by contribution assumption: employee only about $219,406 at 4% or $146,271 at 6%; with 50% employer match about $146,271 at 4% or $97,514 at 6%; with 100% employer match about $109,703 at 4% or $73,135 at 6%.
Summit Group Welfare Plan-144---
20162157$13,886,512$1,332,403$8,487iApproximate average salary by contribution assumption: employee only about $212,166 at 4% or $141,444 at 6%; with 50% employer match about $141,444 at 4% or $94,296 at 6%; with 100% employer match about $106,083 at 4% or $70,722 at 6%.
Summit Group LLC 401(K) Plan-157$13,886,512$1,332,403$8,487iApproximate average salary by contribution assumption: employee only about $212,166 at 4% or $141,444 at 6%; with 50% employer match about $141,444 at 4% or $94,296 at 6%; with 100% employer match about $106,083 at 4% or $70,722 at 6%.
Summit Group Welfare Plan-144---
20152179$12,659,486$1,213,787$6,781iApproximate average salary by contribution assumption: employee only about $169,523 at 4% or $113,016 at 6%; with 50% employer match about $113,016 at 4% or $75,344 at 6%; with 100% employer match about $84,762 at 4% or $56,508 at 6%.
Summit Group LLC 401(K) Plan-179$12,659,486$1,213,787$6,781iApproximate average salary by contribution assumption: employee only about $169,523 at 4% or $113,016 at 6%; with 50% employer match about $113,016 at 4% or $75,344 at 6%; with 100% employer match about $84,762 at 4% or $56,508 at 6%.
Summit Group Welfare Plan-133---
20142174$12,074,132$996,907$5,729iApproximate average salary by contribution assumption: employee only about $143,234 at 4% or $95,489 at 6%; with 50% employer match about $95,489 at 4% or $63,659 at 6%; with 100% employer match about $71,617 at 4% or $47,745 at 6%.
Summit Group LLC 401(K) Plan-174$12,074,132$996,907$5,729iApproximate average salary by contribution assumption: employee only about $143,234 at 4% or $95,489 at 6%; with 50% employer match about $95,489 at 4% or $63,659 at 6%; with 100% employer match about $71,617 at 4% or $47,745 at 6%.
Summit Group Welfare Plan-145---
20132195$11,765,294$1,272,590$6,526iApproximate average salary by contribution assumption: employee only about $163,153 at 4% or $108,768 at 6%; with 50% employer match about $108,768 at 4% or $72,512 at 6%; with 100% employer match about $81,576 at 4% or $54,384 at 6%.
Summit Group LLC 401(K) Plan-154$11,765,294$1,272,590$8,264iApproximate average salary by contribution assumption: employee only about $206,589 at 4% or $137,726 at 6%; with 50% employer match about $137,726 at 4% or $91,817 at 6%; with 100% employer match about $103,295 at 4% or $68,863 at 6%.
Summit Group Welfare Plan-195---
20122195$9,661,524$1,038,164$5,324iApproximate average salary by contribution assumption: employee only about $133,098 at 4% or $88,732 at 6%; with 50% employer match about $88,732 at 4% or $59,155 at 6%; with 100% employer match about $66,549 at 4% or $44,366 at 6%.
Summit Group LLC 401(K) Plan-195$9,661,524$1,038,164$5,324iApproximate average salary by contribution assumption: employee only about $133,098 at 4% or $88,732 at 6%; with 50% employer match about $88,732 at 4% or $59,155 at 6%; with 100% employer match about $66,549 at 4% or $44,366 at 6%.
Summit Group Welfare Plan-146---
20112211$8,078,998$836,796$3,966iApproximate average salary by contribution assumption: employee only about $99,146 at 4% or $66,098 at 6%; with 50% employer match about $66,098 at 4% or $44,065 at 6%; with 100% employer match about $49,573 at 4% or $33,049 at 6%.
Summit Group LLC 401(K) Plan-211$8,078,998$836,796$3,966iApproximate average salary by contribution assumption: employee only about $99,146 at 4% or $66,098 at 6%; with 50% employer match about $66,098 at 4% or $44,065 at 6%; with 100% employer match about $49,573 at 4% or $33,049 at 6%.
Summit Group Welfare Plan-163---
20101143$0$0-
Summit Group Welfare Plan-143---