Summit Funding Inc.
Plan context: Summit Funding Inc. 401(K) Plan
EIN 91-1780488 • Sacramento, CA • 29 filings • 5 plans
Current Snapshot
Latest Year
2024
2024 Participants
568
2024 Assets
$45,711,950
2024 Contributions
$4,417,067
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 |
|---|---|---|---|---|---|
| 2024 | 2 | 568 | $45,711,950 | $4,417,067 | $7,777iApproximate average salary by contribution assumption: employee only about $194,413 at 4% or $129,609 at 6%; with 50% employer match about $129,609 at 4% or $86,406 at 6%; with 100% employer match about $97,207 at 4% or $64,804 at 6%. |
| Summit Funding Inc. 401(K) Plan | - | 499 | $45,711,950 | $4,417,067 | $8,852iApproximate average salary by contribution assumption: employee only about $221,296 at 4% or $147,531 at 6%; with 50% employer match about $147,531 at 4% or $98,354 at 6%; with 100% employer match about $110,648 at 4% or $73,765 at 6%. |
| Summit Funding Employee Benefit Plan | - | 568 | - | - | - |
| 2023 | 2 | 717 | $45,065,341 | $4,751,965 | $6,628iApproximate average salary by contribution assumption: employee only about $165,689 at 4% or $110,459 at 6%; with 50% employer match about $110,459 at 4% or $73,640 at 6%; with 100% employer match about $82,845 at 4% or $55,230 at 6%. |
| Summit Funding Inc. 401(K) Plan | - | 478 | $45,065,341 | $4,751,965 | $9,941iApproximate average salary by contribution assumption: employee only about $248,534 at 4% or $165,689 at 6%; with 50% employer match about $165,689 at 4% or $110,459 at 6%; with 100% employer match about $124,267 at 4% or $82,845 at 6%. |
| Summit Funding Employee Benefit Plan | - | 717 | - | - | - |
| 2022 | 2 | 632 | $41,498,506 | $7,664,149 | $12,127iApproximate average salary by contribution assumption: employee only about $303,170 at 4% or $202,114 at 6%; with 50% employer match about $202,114 at 4% or $134,742 at 6%; with 100% employer match about $151,585 at 4% or $101,057 at 6%. |
| Summit Funding Inc. 401(K) Plan | - | 614 | $41,498,506 | $7,664,149 | $12,482iApproximate average salary by contribution assumption: employee only about $312,058 at 4% or $208,039 at 6%; with 50% employer match about $208,039 at 4% or $138,693 at 6%; with 100% employer match about $156,029 at 4% or $104,019 at 6%. |
| Summit Funding Employee Benefit Plan | - | 632 | - | - | - |
| 2021 | 2 | 1,193 | $52,384,445 | $10,595,477 | $8,881iApproximate average salary by contribution assumption: employee only about $222,034 at 4% or $148,023 at 6%; with 50% employer match about $148,023 at 4% or $98,682 at 6%; with 100% employer match about $111,017 at 4% or $74,011 at 6%. |
| Summit Funding Inc. 401(K) Plan | - | 1,079 | $52,384,445 | $10,595,477 | $9,820iApproximate average salary by contribution assumption: employee only about $245,493 at 4% or $163,662 at 6%; with 50% employer match about $163,662 at 4% or $109,108 at 6%; with 100% employer match about $122,746 at 4% or $81,831 at 6%. |
| Summit Funding Employee Benefit Plan | - | 1,193 | - | - | - |
| 2020 | 2 | 1,195 | $46,719,063 | $9,677,926 | $8,099iApproximate average salary by contribution assumption: employee only about $202,467 at 4% or $134,978 at 6%; with 50% employer match about $134,978 at 4% or $89,985 at 6%; with 100% employer match about $101,234 at 4% or $67,489 at 6%. |
| Summit Funding Inc. 401(K) Plan | - | 976 | $46,719,063 | $9,677,926 | $9,916iApproximate average salary by contribution assumption: employee only about $247,898 at 4% or $165,265 at 6%; with 50% employer match about $165,265 at 4% or $110,177 at 6%; with 100% employer match about $123,949 at 4% or $82,633 at 6%. |
| Summit Funding Employee Benefit Plan | - | 1,195 | - | - | - |
| 2019 | 2 | 844 | $33,997,878 | $6,193,874 | $7,339iApproximate average salary by contribution assumption: employee only about $183,468 at 4% or $122,312 at 6%; with 50% employer match about $122,312 at 4% or $81,541 at 6%; with 100% employer match about $91,734 at 4% or $61,156 at 6%. |
| Summit Funding Inc. 401(K) Plan | - | 781 | $33,997,878 | $6,193,874 | $7,931iApproximate average salary by contribution assumption: employee only about $198,267 at 4% or $132,178 at 6%; with 50% employer match about $132,178 at 4% or $88,119 at 6%; with 100% employer match about $99,134 at 4% or $66,089 at 6%. |
| Summit Funding Employee Benefit Plan | - | 844 | - | - | - |
| 2018 | 2 | 788 | $26,182,158 | $5,791,875 | $7,350iApproximate average salary by contribution assumption: employee only about $183,752 at 4% or $122,502 at 6%; with 50% employer match about $122,502 at 4% or $81,668 at 6%; with 100% employer match about $91,876 at 4% or $61,251 at 6%. |
| Summit Funding Inc. 401(K) Plan | - | 748 | $26,182,158 | $5,791,875 | $7,743iApproximate average salary by contribution assumption: employee only about $193,579 at 4% or $129,052 at 6%; with 50% employer match about $129,052 at 4% or $86,035 at 6%; with 100% employer match about $96,789 at 4% or $64,526 at 6%. |
| Summit Funding Employee Benefit Plan | - | 788 | - | - | - |
| 2017 | 2 | 988 | $27,277,546 | $6,524,817 | $6,604iApproximate average salary by contribution assumption: employee only about $165,102 at 4% or $110,068 at 6%; with 50% employer match about $110,068 at 4% or $73,379 at 6%; with 100% employer match about $82,551 at 4% or $55,034 at 6%. |
| Summit Funding Inc. 401(K) Plan | - | 927 | $27,277,546 | $6,524,817 | $7,039iApproximate average salary by contribution assumption: employee only about $175,966 at 4% or $117,311 at 6%; with 50% employer match about $117,311 at 4% or $78,207 at 6%; with 100% employer match about $87,983 at 4% or $58,655 at 6%. |
| Summit Funding Employee Benefit Plan | - | 988 | - | - | - |
| 2016 | 2 | 1,129 | $19,191,708 | $7,105,578 | $6,294iApproximate average salary by contribution assumption: employee only about $157,342 at 4% or $104,895 at 6%; with 50% employer match about $104,895 at 4% or $69,930 at 6%; with 100% employer match about $78,671 at 4% or $52,447 at 6%. |
| Summit Funding Inc. 401(K) Plan | - | 1,000 | $19,191,708 | $7,105,578 | $7,106iApproximate average salary by contribution assumption: employee only about $177,639 at 4% or $118,426 at 6%; with 50% employer match about $118,426 at 4% or $78,951 at 6%; with 100% employer match about $88,820 at 4% or $59,213 at 6%. |
| Summit Funding Employee Benefit Plan | - | 1,129 | - | - | - |
| 2015 | 3 | 1,138 | $12,609,691 | $4,765,768 | $4,188iApproximate average salary by contribution assumption: employee only about $104,696 at 4% or $69,797 at 6%; with 50% employer match about $69,797 at 4% or $46,532 at 6%; with 100% employer match about $52,348 at 4% or $34,899 at 6%. |
| Summit Funding Inc. 401(K) Plan | - | 911 | $12,609,691 | $4,765,768 | $5,231iApproximate average salary by contribution assumption: employee only about $130,784 at 4% or $87,189 at 6%; with 50% employer match about $87,189 at 4% or $58,126 at 6%; with 100% employer match about $65,392 at 4% or $43,595 at 6%. |
| SUMMIT FUNDING INC SECTION 125 CAFETERIA PLAN | - | 137 | - | - | - |
| Summit Funding Employee Benefit Plan | - | 1,138 | - | - | - |
| 2014 | 3 | 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 Inc. 401(K) 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%. |
| SUMMIT FUNDING INC SECTION 125 CAFETERIA PLAN | - | 129 | - | - | - |
| Summit Funding Employee Benefit Plan | - | 679 | - | - | - |
| 2013 | 2 | 681 | $6,981,436 | $1,737,981 | $2,552iApproximate average salary by contribution assumption: employee only about $63,803 at 4% or $42,535 at 6%; with 50% employer match about $42,535 at 4% or $28,357 at 6%; with 100% employer match about $31,901 at 4% or $21,268 at 6%. |
| Summit Funding Inc. 401(K) 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%. |
| Summit Funding Employee Benefit Plan | - | 681 | - | - | - |
| 2012 | 1 | 378 | $0 | $0 | - |
| Summit Funding Employee Benefit Plan | - | 378 | - | - | - |
| 2011 | 1 | 308 | $0 | $0 | - |
| Summit Funding Employee Benefit Plan | - | 308 | - | - | - |
| 2010 | 1 | 203 | $0 | $0 | - |
| Summit Funding Employee Benefit Plan | - | 203 | - | - | - |