# Summit Design & Engineering Services,PLLC 401(k) Plan
Source: https://planprovider.pro/companies/summit-design-and-engineering-services-pllc-401k-plan

> Summit Design & Engineering Services,PLLC's 401(k) plan: 410 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Summit Design & Engineering Services,PLLC

- **Sponsor EIN:** 300236228

- **Sponsor Address:** 320 EXECUTIVE COURT, HILLSBOROUGH, NC, 27278

- **Plan Type:** 401(k)

- **Total Participants:** 410

- **Total Assets:** $24.2M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|410|$24.2M|$1.1M|$2.4M|

| 2023|419|$20.0M|$1.0M|$2.1M|

| 2022|418|$15.7M|$932,253|$1.9M|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| RESOURCES INVESTMENT ADVISORS CO.|NONE|$37,774|—|$37,774|

| ASCENSUS LLC|NONE|$10,315|—|$10,315|

| WILLIAMS OVERMAN PIERCE LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [WILLIAMS OVERMAN PIERCE LLP](https://planprovider.pro/provider/williams-overman-pierce-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $48,089

- **Estimated Expense Ratio:** 0.199% of plan assets

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$48,089|$37,774|$10,315|—|—|

| 2023|$27,865|$21,103|$6,762|—|—|

| 2022|$6,406|$72|$6,334|—|—|

## Similar Plans

- [Withersravenel, INC.](https://planprovider.pro/companies/withersravenel-inc-plan-001) — 444 participants

- [Ltm INC.](https://planprovider.pro/companies/ltm-inc-401k-plan) — 341 participants

- [The John R. Mcadams Company, INC.](https://planprovider.pro/companies/the-john-r-mcadams-company-inc-401k-plan) — 490 participants

- [Withersravenel, INC.](https://planprovider.pro/companies/withersravenel-inc-plan-002) — 329 participants

- [Mckim & Creed, INC](https://planprovider.pro/companies/mckim-creed-inc-plan-002) — 779 participants

- [Mckim & Creed, INC.](https://planprovider.pro/companies/mckim-creed-inc-401k-plan) — 867 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/summit-design-and-engineering-services-pllc-401k-plan)

© 2026 PlanProvider.Pro