Sumit Credits LLC
Plan context: Sumit Credits LLC 401(K) Profit Sharing Plan & Trust
EIN 83-0498983 • 16 filings • 1 plans
Current Snapshot
Latest Year
2025
2025 Participants
12
2025 Assets
$2,074,643
2025 Contributions
$177,339
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 |
|---|---|---|---|---|---|
| 2025 | 1 | 12 | $2,074,643 | $177,339 | $14,778iApproximate average salary by contribution assumption: employee only about $369,456 at 4% or $246,304 at 6%; with 50% employer match about $246,304 at 4% or $164,203 at 6%; with 100% employer match about $184,728 at 4% or $123,152 at 6%. |
| Sumit Credits LLC 401(K) Profit Sharing Plan & Trust | - | 12 | $2,074,643 | $177,339 | $14,778iApproximate average salary by contribution assumption: employee only about $369,456 at 4% or $246,304 at 6%; with 50% employer match about $246,304 at 4% or $164,203 at 6%; with 100% employer match about $184,728 at 4% or $123,152 at 6%. |
| 2024 | 1 | 13 | $0 | $0 | - |
| Sumit Credits LLC 401(K) Profit Sharing Plan & Trust | - | 13 | - | - | - |
| 2023 | 1 | 13 | $1,165,551 | $215,766 | $16,597iApproximate average salary by contribution assumption: employee only about $414,935 at 4% or $276,623 at 6%; with 50% employer match about $276,623 at 4% or $184,415 at 6%; with 100% employer match about $207,467 at 4% or $138,312 at 6%. |
| Sumit Credits LLC 401(K) Profit Sharing Plan & Trust | - | 13 | $1,165,551 | $215,766 | $16,597iApproximate average salary by contribution assumption: employee only about $414,935 at 4% or $276,623 at 6%; with 50% employer match about $276,623 at 4% or $184,415 at 6%; with 100% employer match about $207,467 at 4% or $138,312 at 6%. |
| 2022 | 1 | 11 | $839,428 | $141,924 | $12,902iApproximate average salary by contribution assumption: employee only about $322,555 at 4% or $215,036 at 6%; with 50% employer match about $215,036 at 4% or $143,358 at 6%; with 100% employer match about $161,277 at 4% or $107,518 at 6%. |
| Sumit Credits LLC 401(K) Profit Sharing Plan & Trust | - | 11 | $839,428 | $141,924 | $12,902iApproximate average salary by contribution assumption: employee only about $322,555 at 4% or $215,036 at 6%; with 50% employer match about $215,036 at 4% or $143,358 at 6%; with 100% employer match about $161,277 at 4% or $107,518 at 6%. |
| 2021 | 1 | 9 | $893,279 | $99,141 | $11,016iApproximate average salary by contribution assumption: employee only about $275,392 at 4% or $183,594 at 6%; with 50% employer match about $183,594 at 4% or $122,396 at 6%; with 100% employer match about $137,696 at 4% or $91,797 at 6%. |
| Sumit Credits LLC 401(K) Profit Sharing Plan & Trust | - | 9 | $893,279 | $99,141 | $11,016iApproximate average salary by contribution assumption: employee only about $275,392 at 4% or $183,594 at 6%; with 50% employer match about $183,594 at 4% or $122,396 at 6%; with 100% employer match about $137,696 at 4% or $91,797 at 6%. |
| 2020 | 1 | 8 | $862,772 | $72,538 | $9,067iApproximate average salary by contribution assumption: employee only about $226,681 at 4% or $151,121 at 6%; with 50% employer match about $151,121 at 4% or $100,747 at 6%; with 100% employer match about $113,341 at 4% or $75,560 at 6%. |
| Sumit Credits LLC 401(K) Profit Sharing Plan & Trust | - | 8 | $862,772 | $72,538 | $9,067iApproximate average salary by contribution assumption: employee only about $226,681 at 4% or $151,121 at 6%; with 50% employer match about $151,121 at 4% or $100,747 at 6%; with 100% employer match about $113,341 at 4% or $75,560 at 6%. |
| 2019 | 1 | 7 | $728,344 | $119,502 | $17,072iApproximate average salary by contribution assumption: employee only about $426,793 at 4% or $284,529 at 6%; with 50% employer match about $284,529 at 4% or $189,686 at 6%; with 100% employer match about $213,396 at 4% or $142,264 at 6%. |
| Sumit Credits LLC 401(K) Profit Sharing Plan & Trust | - | 7 | $728,344 | $119,502 | $17,072iApproximate average salary by contribution assumption: employee only about $426,793 at 4% or $284,529 at 6%; with 50% employer match about $284,529 at 4% or $189,686 at 6%; with 100% employer match about $213,396 at 4% or $142,264 at 6%. |
| 2018 | 1 | 6 | $473,956 | $81,691 | $13,615iApproximate average salary by contribution assumption: employee only about $340,379 at 4% or $226,919 at 6%; with 50% employer match about $226,919 at 4% or $151,280 at 6%; with 100% employer match about $170,190 at 4% or $113,460 at 6%. |
| Sumit Credits LLC 401(K) Profit Sharing Plan & Trust | - | 6 | $473,956 | $81,691 | $13,615iApproximate average salary by contribution assumption: employee only about $340,379 at 4% or $226,919 at 6%; with 50% employer match about $226,919 at 4% or $151,280 at 6%; with 100% employer match about $170,190 at 4% or $113,460 at 6%. |
| 2017 | 1 | 6 | $439,678 | $52,524 | $8,754iApproximate average salary by contribution assumption: employee only about $218,850 at 4% or $145,900 at 6%; with 50% employer match about $145,900 at 4% or $97,267 at 6%; with 100% employer match about $109,425 at 4% or $72,950 at 6%. |
| Sumit Credits LLC 401(K) Profit Sharing Plan & Trust | - | 6 | $439,678 | $52,524 | $8,754iApproximate average salary by contribution assumption: employee only about $218,850 at 4% or $145,900 at 6%; with 50% employer match about $145,900 at 4% or $97,267 at 6%; with 100% employer match about $109,425 at 4% or $72,950 at 6%. |
| 2016 | 1 | 7 | $349,060 | $47,850 | $6,836iApproximate average salary by contribution assumption: employee only about $170,893 at 4% or $113,929 at 6%; with 50% employer match about $113,929 at 4% or $75,952 at 6%; with 100% employer match about $85,446 at 4% or $56,964 at 6%. |
| Sumit Credits LLC 401(K) Profit Sharing Plan & Trust | - | 7 | $349,060 | $47,850 | $6,836iApproximate average salary by contribution assumption: employee only about $170,893 at 4% or $113,929 at 6%; with 50% employer match about $113,929 at 4% or $75,952 at 6%; with 100% employer match about $85,446 at 4% or $56,964 at 6%. |
| 2015 | 1 | 5 | $286,975 | $61,707 | $12,341iApproximate average salary by contribution assumption: employee only about $308,535 at 4% or $205,690 at 6%; with 50% employer match about $205,690 at 4% or $137,127 at 6%; with 100% employer match about $154,268 at 4% or $102,845 at 6%. |
| Sumit Credits LLC 401(K) Profit Sharing Plan & Trust | - | 5 | $286,975 | $61,707 | $12,341iApproximate average salary by contribution assumption: employee only about $308,535 at 4% or $205,690 at 6%; with 50% employer match about $205,690 at 4% or $137,127 at 6%; with 100% employer match about $154,268 at 4% or $102,845 at 6%. |
| 2014 | 1 | 5 | $243,720 | $42,667 | $8,533iApproximate average salary by contribution assumption: employee only about $213,335 at 4% or $142,223 at 6%; with 50% employer match about $142,223 at 4% or $94,816 at 6%; with 100% employer match about $106,668 at 4% or $71,112 at 6%. |
| Sumit Credits LLC 401(K) Profit Sharing Plan & Trust | - | 5 | $243,720 | $42,667 | $8,533iApproximate average salary by contribution assumption: employee only about $213,335 at 4% or $142,223 at 6%; with 50% employer match about $142,223 at 4% or $94,816 at 6%; with 100% employer match about $106,668 at 4% or $71,112 at 6%. |
| 2013 | 1 | 4 | $202,034 | $58,219 | $14,555iApproximate average salary by contribution assumption: employee only about $363,869 at 4% or $242,579 at 6%; with 50% employer match about $242,579 at 4% or $161,719 at 6%; with 100% employer match about $181,934 at 4% or $121,290 at 6%. |
| Sumit Credits LLC 401(K) Profit Sharing Plan & Trust | - | 4 | $202,034 | $58,219 | $14,555iApproximate average salary by contribution assumption: employee only about $363,869 at 4% or $242,579 at 6%; with 50% employer match about $242,579 at 4% or $161,719 at 6%; with 100% employer match about $181,934 at 4% or $121,290 at 6%. |
| 2012 | 1 | 5 | $125,352 | $46,457 | $9,291iApproximate average salary by contribution assumption: employee only about $232,285 at 4% or $154,857 at 6%; with 50% employer match about $154,857 at 4% or $103,238 at 6%; with 100% employer match about $116,143 at 4% or $77,428 at 6%. |
| Sumit Credits LLC 401(K) Profit Sharing Plan & Trust | - | 5 | $125,352 | $46,457 | $9,291iApproximate average salary by contribution assumption: employee only about $232,285 at 4% or $154,857 at 6%; with 50% employer match about $154,857 at 4% or $103,238 at 6%; with 100% employer match about $116,143 at 4% or $77,428 at 6%. |
| 2011 | 1 | 5 | $67,421 | $33,888 | $6,778iApproximate average salary by contribution assumption: employee only about $169,440 at 4% or $112,960 at 6%; with 50% employer match about $112,960 at 4% or $75,307 at 6%; with 100% employer match about $84,720 at 4% or $56,480 at 6%. |
| Sumit Credits LLC 401(K) Profit Sharing Plan & Trust | - | 5 | $67,421 | $33,888 | $6,778iApproximate average salary by contribution assumption: employee only about $169,440 at 4% or $112,960 at 6%; with 50% employer match about $112,960 at 4% or $75,307 at 6%; with 100% employer match about $84,720 at 4% or $56,480 at 6%. |
| 2010 | 1 | 9 | $39,062 | $38,596 | $4,288iApproximate average salary by contribution assumption: employee only about $107,211 at 4% or $71,474 at 6%; with 50% employer match about $71,474 at 4% or $47,649 at 6%; with 100% employer match about $53,606 at 4% or $35,737 at 6%. |
| Sumit Credits LLC 401(K) Profit Sharing Plan & Trust | - | 9 | $39,062 | $38,596 | $4,288iApproximate average salary by contribution assumption: employee only about $107,211 at 4% or $71,474 at 6%; with 50% employer match about $71,474 at 4% or $47,649 at 6%; with 100% employer match about $53,606 at 4% or $35,737 at 6%. |