Summit Energy Services, Inc. 401(k) Plan (terminated 2011): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2011, when $10.4 million was transferred out of the plan. Assets moved to the SCHNEIDER ELECTRIC 401(K) PLAN (sponsored by SCHNEIDER ELECTRIC HOLDINGS, INC.). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

See the SCHNEIDER ELECTRIC 401(K) PLAN →

Summit Energy Services, Inc. 401(k) Plan Facts (plan year 2011)

Plan name
SUMMIT ENERGY SERVICES, INC. 401(K) PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SUMMIT ENERGY SERVICES, INC.
Participants
270 (264 active employees)
Former employees with a balance
36
Employer contributions
$534,766 in plan year 2011 (26% of all contributions)
Plan year
Jan 1, 2011 – Dec 31, 2011
Plan established
Jan 1, 1995
✓ 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 2011 (Jan 1, 2011 – Dec 31, 2011), filed Oct 16, 2012. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2011

  • $2.02 million went into the plan in contributions, $534,766 of it from the employer (26%).
  • $348,937 was paid out to participants.

How the Summit Energy Services, Inc. 401(k) changed, 2009–2011

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2009241$6.68 million$440,842$192,549
2010263$9.14 million$459,986$265,387
2011 (final)270$0$534,766$348,937

Summit Energy Services, Inc. 401(k) Contact Information

Phone
502-429-3800
Mailing address
10350 ORMSBY PARK PLACE SUITE 400, LOUISVILLE KY 402236178
Plan sponsor
SUMMIT ENERGY SERVICES, INC.
Employer identification number (EIN)
61-1211144
Plan number
001

Questions about the Summit Energy Services, Inc. 401(k)

Is the Summit Energy Services, Inc 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2011. Its assets were transferred to the SCHNEIDER ELECTRIC 401(K) PLAN.

Does Summit Energy Services, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2011 the employer contributed $534,766, 26% of all contributions.

Does the Summit Energy Services, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Summit Energy Services, Inc 401(k) plan?

270 participants at the start of plan year 2011, 264 of them active employees, and 36 former employees who still had money in the plan.

Who manages the Summit Energy Services, Inc 401(k) accounts?

The Standard is the plan's recordkeeper, which is where participants log in to see their balance.

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