2023 Form 5500 filing — Summit Mortgage 401(K) Retirement Plan

Plain-English filing summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241010125248NAL0020101249001) for Summit Mortgage 401(K) Retirement Plan, reported by Summit Mortgage Corporation under EIN 41-1726353 and plan number 001. It reports 238 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$16.7MReported net assets$16,697,969
Participants238
Provider compensation$4.3K1 Schedule C row(s)$4,333
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241010125248NAL0020101249001
Plan sponsor
Summit Mortgage Corporation
EIN
41-1726353
Plan number
001
Location
Plymouth, MN
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$16.7M total assets
Net assets$16.7MLiabilities$2.8K
Money in vs. money out
Total income / additions$3.6M
Total expenses$2.8M
Benefits paid / distributions$2.8M
Contributions
Employer$160.2K
Participant$925.3K
Full reported line items
Total assets (EOY)
$16,700,794
Total liabilities (EOY)
$2,825
Net assets (EOY)
$16,697,969
Employer contributions
$160,207
Participant contributions
$925,328
Total income / additions
$3,573,056
Benefits paid
$2,762,299
Administrative expenses
$3,900
Total expenses
$2,843,558
Net increase / (decrease)
$729,498
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    RECORDKEEPER · Direct $4.3K · Indirect $0

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241010125248NAL0020101249001 cover?
It is the 2023 Form 5500 filing for Summit Mortgage 401(K) Retirement Plan, reported by Summit Mortgage Corporation (EIN 41-1726353).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Related Form 5500 pages