Summit Electric Supply 401(k) Plan: Login, Facts & Contact Information

Summit Electric Supply 401(k) Plan Facts

Plan name
SUMMIT ELECTRIC SUPPLY CO. 401K PLAN
Plan type
401(k) with employer contributions
Plan sponsor
SUMMIT ELECTRIC SUPPLY CO., INC.
Participants
965 (719 active employees)
Former employees with a balance
278
Plan assets
$94,516,794 at Dec 31, 2024
Average account balance
$98,764 across 957 accounts
Employer contributions
$1,271,941 in plan year 2024 (17% of all contributions)
Recordkeeper
Fidelity Workplace Services Llc
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jul 1, 1997
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments✓ Self-directed brokerage window— Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Jul 29, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $7.36 million went into the plan in contributions, $1.27 million of it from the employer (17%).
  • $8.99 million was paid out to participants.
  • Investment and other income added $16.2 million.
  • Administrative expenses were $60,807, about $64 per account.

How the Summit Electric Supply 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019929$56.8 million$937,859$9.91 million
2020910$80.4 million$884,764$14.2 million
2021814$88.3 million$1,023$10.2 million
2022885$68.0 million$791,153$7.41 million
2023956$80.0 million$1.00 million$9.19 million
2024965$94.5 million$1.27 million$8.99 million

Summit Electric Supply 401(k) Contact Information

Phone
505-346-2900
Mailing address
P.O. BOX 6409, ALBUQUERQUE NM 87107
Plan sponsor
SUMMIT ELECTRIC SUPPLY CO., INC.
Employer identification number (EIN)
85-0252176
Plan number
005

Questions about the Summit Electric Supply 401(k)

Does Summit Electric Supply contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.27 million, 17% of all contributions.

Does the Summit Electric Supply 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Summit Electric Supply 401(k) plan?

965 participants at the start of plan year 2024, 719 of them active employees, and 278 former employees who still had money in the plan.

What is the average 401(k) balance at Summit Electric Supply?

About $98,764 per account: $94.5 million in plan assets across 957 accounts with a balance at the end of plan year 2024.

Who manages the Summit Electric Supply 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY WORKPLACE SERVICES LLC) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Summit Electric Supply. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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