Summit Funding
Plan context: Summit Funding 401K Profit Sharing Plan
EIN 91-0780488 • 16 filings • 5 plans
Current Snapshot
Latest Year
2014
2014 Participants
740
2014 Assets
$9,805,090
2014 Contributions
$2,981,911
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 |
|---|---|---|---|---|---|
| 2014 | 1 | 740 | $9,805,090 | $2,981,911 | $4,030iApproximate average salary by contribution assumption: employee only about $100,740 at 4% or $67,160 at 6%; with 50% employer match about $67,160 at 4% or $44,773 at 6%; with 100% employer match about $50,370 at 4% or $33,580 at 6%. |
| Summit Funding 401K Profit Sharing Plan | - | 740 | $9,805,090 | $2,981,911 | $4,030iApproximate average salary by contribution assumption: employee only about $100,740 at 4% or $67,160 at 6%; with 50% employer match about $67,160 at 4% or $44,773 at 6%; with 100% employer match about $50,370 at 4% or $33,580 at 6%. |
| 2013 | 1 | 556 | $6,981,436 | $1,737,981 | $3,126iApproximate average salary by contribution assumption: employee only about $78,147 at 4% or $52,098 at 6%; with 50% employer match about $52,098 at 4% or $34,732 at 6%; with 100% employer match about $39,073 at 4% or $26,049 at 6%. |
| Summit Funding 401K Profit Sharing Plan | - | 556 | $6,981,436 | $1,737,981 | $3,126iApproximate average salary by contribution assumption: employee only about $78,147 at 4% or $52,098 at 6%; with 50% employer match about $52,098 at 4% or $34,732 at 6%; with 100% employer match about $39,073 at 4% or $26,049 at 6%. |
| 2012 | 1 | 448 | $4,818,327 | $1,350,176 | $3,014iApproximate average salary by contribution assumption: employee only about $75,345 at 4% or $50,230 at 6%; with 50% employer match about $50,230 at 4% or $33,487 at 6%; with 100% employer match about $37,672 at 4% or $25,115 at 6%. |
| Summit Funding 401K Profit Sharing Plan | - | 448 | $4,818,327 | $1,350,176 | $3,014iApproximate average salary by contribution assumption: employee only about $75,345 at 4% or $50,230 at 6%; with 50% employer match about $50,230 at 4% or $33,487 at 6%; with 100% employer match about $37,672 at 4% or $25,115 at 6%. |
| 2011 | 1 | 250 | $3,188,491 | $742,541 | $2,970iApproximate average salary by contribution assumption: employee only about $74,254 at 4% or $49,503 at 6%; with 50% employer match about $49,503 at 4% or $33,002 at 6%; with 100% employer match about $37,127 at 4% or $24,751 at 6%. |
| Summit Funding 401K Profit Sharing Plan | - | 250 | $3,188,491 | $742,541 | $2,970iApproximate average salary by contribution assumption: employee only about $74,254 at 4% or $49,503 at 6%; with 50% employer match about $49,503 at 4% or $33,002 at 6%; with 100% employer match about $37,127 at 4% or $24,751 at 6%. |
| 2010 | 1 | 187 | $2,957,107 | $503,998 | $2,695iApproximate average salary by contribution assumption: employee only about $67,379 at 4% or $44,920 at 6%; with 50% employer match about $44,920 at 4% or $29,946 at 6%; with 100% employer match about $33,690 at 4% or $22,460 at 6%. |
| Summit Funding 401K Profit Sharing Plan | - | 187 | $2,957,107 | $503,998 | $2,695iApproximate average salary by contribution assumption: employee only about $67,379 at 4% or $44,920 at 6%; with 50% employer match about $44,920 at 4% or $29,946 at 6%; with 100% employer match about $33,690 at 4% or $22,460 at 6%. |
| 2009 | 1 | 170 | $2,285,755 | $297,695 | $1,751iApproximate average salary by contribution assumption: employee only about $43,779 at 4% or $29,186 at 6%; with 50% employer match about $29,186 at 4% or $19,457 at 6%; with 100% employer match about $21,889 at 4% or $14,593 at 6%. |
| Summit Funding 401K Profit Sharing Plan | - | 170 | $2,285,755 | $297,695 | $1,751iApproximate average salary by contribution assumption: employee only about $43,779 at 4% or $29,186 at 6%; with 50% employer match about $29,186 at 4% or $19,457 at 6%; with 100% employer match about $21,889 at 4% or $14,593 at 6%. |
| 2008 | 1 | 93 | $0 | $0 | - |
| Summit Funding 401K Profit Sharing Plan | - | 93 | - | - | - |
| 2007 | 1 | 83 | $0 | $0 | - |
| Summit Funding 401K Profit Sharing Plan | - | 83 | - | - | - |
| 2006 | 1 | 81 | $2,083,322 | $310,604 | $3,835iApproximate average salary by contribution assumption: employee only about $95,865 at 4% or $63,910 at 6%; with 50% employer match about $63,910 at 4% or $42,607 at 6%; with 100% employer match about $47,933 at 4% or $31,955 at 6%. |
| Summit Funding 401K Profit Sharing Plan | - | 81 | $2,083,322 | $310,604 | $3,835iApproximate average salary by contribution assumption: employee only about $95,865 at 4% or $63,910 at 6%; with 50% employer match about $63,910 at 4% or $42,607 at 6%; with 100% employer match about $47,933 at 4% or $31,955 at 6%. |
| 2005 | 1 | 61 | $1,839,418 | $374,323 | $6,136iApproximate average salary by contribution assumption: employee only about $153,411 at 4% or $102,274 at 6%; with 50% employer match about $102,274 at 4% or $68,183 at 6%; with 100% employer match about $76,706 at 4% or $51,137 at 6%. |
| Summit Funding 401K Profit Sharing Plan | - | 61 | $1,839,418 | $374,323 | $6,136iApproximate average salary by contribution assumption: employee only about $153,411 at 4% or $102,274 at 6%; with 50% employer match about $102,274 at 4% or $68,183 at 6%; with 100% employer match about $76,706 at 4% or $51,137 at 6%. |
| 2004 | 1 | 57 | $1,402,032 | $392,306 | $6,883iApproximate average salary by contribution assumption: employee only about $172,064 at 4% or $114,709 at 6%; with 50% employer match about $114,709 at 4% or $76,473 at 6%; with 100% employer match about $86,032 at 4% or $57,355 at 6%. |
| Summit Funding 401K Profit Sharing Plan | - | 57 | $1,402,032 | $392,306 | $6,883iApproximate average salary by contribution assumption: employee only about $172,064 at 4% or $114,709 at 6%; with 50% employer match about $114,709 at 4% or $76,473 at 6%; with 100% employer match about $86,032 at 4% or $57,355 at 6%. |
| 2003 | 1 | 49 | $950,940 | $429,301 | $8,761iApproximate average salary by contribution assumption: employee only about $219,031 at 4% or $146,021 at 6%; with 50% employer match about $146,021 at 4% or $97,347 at 6%; with 100% employer match about $109,516 at 4% or $73,010 at 6%. |
| Summit Funding 401K Profit Sharing Plan | - | 49 | $950,940 | $429,301 | $8,761iApproximate average salary by contribution assumption: employee only about $219,031 at 4% or $146,021 at 6%; with 50% employer match about $146,021 at 4% or $97,347 at 6%; with 100% employer match about $109,516 at 4% or $73,010 at 6%. |
| 2002 | 1 | 3 | $425,137 | $215,996 | $71,999iApproximate average salary by contribution assumption: employee only about $1,799,967 at 4% or $1,199,978 at 6%; with 50% employer match about $1,199,978 at 4% or $799,985 at 6%; with 100% employer match about $899,983 at 4% or $599,989 at 6%. |
| Summit Funding 401K Profit Sharing Plan | - | 3 | $425,137 | $215,996 | $71,999iApproximate average salary by contribution assumption: employee only about $1,799,967 at 4% or $1,199,978 at 6%; with 50% employer match about $1,199,978 at 4% or $799,985 at 6%; with 100% employer match about $899,983 at 4% or $599,989 at 6%. |
| 2001 | 1 | 22 | $0 | $0 | - |
| Summit Funding 401K Profit Sharing Plan | - | 22 | - | - | - |
| 2000 | 1 | 8 | $48,660 | $29,140 | $3,643iApproximate average salary by contribution assumption: employee only about $91,063 at 4% or $60,708 at 6%; with 50% employer match about $60,708 at 4% or $40,472 at 6%; with 100% employer match about $45,531 at 4% or $30,354 at 6%. |
| Summit Funding 401K Profit Sharing Plan | - | 8 | $48,660 | $29,140 | $3,643iApproximate average salary by contribution assumption: employee only about $91,063 at 4% or $60,708 at 6%; with 50% employer match about $60,708 at 4% or $40,472 at 6%; with 100% employer match about $45,531 at 4% or $30,354 at 6%. |
| 1999 | 1 | 9 | $24,170 | $21,692 | $2,410iApproximate average salary by contribution assumption: employee only about $60,256 at 4% or $40,170 at 6%; with 50% employer match about $40,170 at 4% or $26,780 at 6%; with 100% employer match about $30,128 at 4% or $20,085 at 6%. |
| Summit Funding 401K Profit Sharing Plan | - | 9 | $24,170 | $21,692 | $2,410iApproximate average salary by contribution assumption: employee only about $60,256 at 4% or $40,170 at 6%; with 50% employer match about $40,170 at 4% or $26,780 at 6%; with 100% employer match about $30,128 at 4% or $20,085 at 6%. |