Summit Companies Holdings, Inc.ESOP
SUMMIT COMPANIES HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN · JACKSONVILLE, FL · plan year 2024
Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works
Summit Companies Holdings, Inc. reported $460 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $35,316 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.
The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 106th-largest of 3,644 plans among Florida employers on file, and the 184th of 5,337 in construction. active participation has grown from 240 to 314 since 2022.
Summit Companies Holdings, Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 873001353 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.