2023 Form 5500 filing — Summit Group, LLC 401(K) 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 20241015134428NAL0016519507001) for Summit Group, LLC 401(K) Plan, reported by Summit Group, LLC under EIN 80-0589384 and plan number 001. It reports 175 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)$16.6MReported net assets$16,644,330
Participants175
Provider compensation$55.8K2 Schedule C row(s)$55,788
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241015134428NAL0016519507001
- Plan sponsor
- Summit Group, LLC
- EIN
- 80-0589384
- Plan number
- 001
- Location
- Silver Spring, MD
- Received date
- not reported in the loaded dataset
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)$16.6M total assets
Net assets$16.6MLiabilities$0
Full reported line items
- Total assets (EOY)
- $16,644,330
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $16,644,330
- Employer contributions
- $260,707
- Participant contributions
- $831,731
- Total income / additions
- $4,208,193
- Benefits paid
- $2,832,048
- Administrative expenses
- $55,788
- Total expenses
- $2,890,668
- Net increase / (decrease)
- $1,317,525
Schedule C
Reported service provider compensation
Compensation reported on the 2023 filing, ranked by reported total.
- 1
- 2