Summit Security Services, Inc. 401(k) Plan: Login, Facts & Contact Information
No Form 5500 has been filed for this plan since plan year 2019. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.
Summit Security Services, Inc. 401(k) Login
Retirement plan providers can change. This information is from the plan's 2019 filing.
Summit Security Services, Inc. 401(k) Plan Facts (plan year 2019)
Source: Form 5500 for plan year 2019 (Jan 1, 2019 – Dec 31, 2019), filed Jun 23, 2020. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2019
- $530,980 went into the plan in contributions, $91,027 of it from the employer (17%).
- $344,022 was paid out to participants.
- Investment and other income added $898,761.
- Administrative expenses were $1,471, about $16 per account.
How the Summit Security Services, Inc. 401(k) changed, 2014–2019
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2014 | 129 | $4.34 million | $74,024 | $125,732 |
| 2015 | 147 | $4.65 million | $76,012 | $78,094 |
| 2016 | 155 | $4.73 million | $79,833 | $733,874 |
| 2017 | 152 | $5.27 million | $85,002 | $718,414 |
| 2018 | 149 | $4.47 million | $76,411 | $1.09 million |
| 2019 | 167 | $5.54 million | $91,027 | $344,022 |
Summit Security Services, Inc. 401(k) Contact Information
Questions about the Summit Security Services, Inc. 401(k)
Is the Summit Security Services, Inc 401(k) plan still active?
We can't confirm that. The last Form 5500 on record for this plan covers plan year 2019, and no later filing was found under this employer's EIN.
Does Summit Security Services, Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2019 the employer contributed $91,027, 17% of all contributions.
Does the Summit Security 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 Security Services, Inc 401(k) plan?
167 participants at the start of plan year 2019, 132 of them active employees, and 35 former employees who still had money in the plan.
What is the average 401(k) balance at Summit Security Services, Inc?
About $59,560 per account: $5.54 million in plan assets across 93 accounts with a balance at the end of plan year 2019.
Who manages the Summit Security Services, Inc 401(k) accounts?
Capital Group / American Funds (listed on the filing as CAPITAL GROUP RETIREMENT PLAN SVCS.) is the plan's recordkeeper, which is where participants log in to see their balance.