Summit Consulting, LLC 401(K) Profit Sharing Plan — Form 5500 plan (Summit Consulting,LLC)
Plain-English plan 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, Summit Consulting, LLC 401(K) Profit Sharing Plan is a benefit plan reported by Summit Consulting,LLC under EIN 95-4816438 and plan number 001. The latest loaded filing year is 2023. The filing reports 150 participants and $9,457,546 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Summit Consulting,LLC
- EIN
- 95-4816438
- Plan number
- 001
- Plan type
- 2
- Location
- Washington, DC
- Latest filing year
- 2023
- Participants
- 150
- End-of-year plan assets
- $9,457,546
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 150 | H, C | 20240626113612NAL0005681139001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $9,457,546
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,457,546
- Net assets (BOY)
- $7,171,856
Income & contributions
- Employer contributions
- $443,631
- Participant contributions
- $994,656
- Total contributions
- $1,529,702
- Total income / additions
- $2,904,795
Expenses & distributions
- Benefits paid
- $546,501
- Administrative expenses
- $72,604
- Total expenses
- $619,105
- Net increase / (decrease)
- $2,285,690
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $50,398 | $0 | 2023 |
| Cetera Advisor Networks LLC | BROKER/ADVISER | $0 | $31,943 | 2023 |
| Coastal Pension Services | CONTRACT ADMIN | $13,968 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MANAGEMENT | $4,219 | not reported in the loaded dataset | 2023 |
| Leafhouse Financial Advisors LLC | OTHER | $4,028 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Summit Consulting,LLC
- 2023 Form 5500 filing
- Form 5500 filings in DC
- 401(k) and benefit plan filings in Washington, DC
- Empower Annuity Insurance Company — Schedule C compensation
- Cetera Advisor Networks LLC — Schedule C compensation
- Coastal Pension Services — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation
- Leafhouse Financial Advisors LLC — Schedule C compensation