# Summit Enterprises, INC. 401(k) Plan
Source: https://planprovider.pro/companies/summit-enterprises-inc-401k-plan-001-9577

> Summit Enterprises, INC.'s 401(k) plan: 3 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Summit Enterprises, INC.

- **Sponsor EIN:** 570969577

- **Sponsor Address:** 52 NEW ORLEANS RD, SUITE 201, HILTON HEAD ISLAND, SC, 29928

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

- **Total Participants:** 3

- **Total Assets:** $411,767

## 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|3|$411,767|$9,107|$124,407|

| 2023|3|$275,530|$30,787|$14,208|

| 2022|3|$1.7M|$19,435|$77,792|

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