Toyota

Summit Toyota Of Akron, Llc

1535 VERNON ODOM BLVD.

AKRON, OH 44320

Latest Filing: 2025Financial Data Through: 2025Source: DOL Form 5500-SF

Plan Data Available

Source-backed retirement-plan information is available to benchmark this dealership.

Report found

We found Summit Toyota Of Akron, Llc's 401(k) profile.

Here's an honest preview of what's available on this profile. Scroll down for the full breakdown, or tell us who you are and we'll point you to the right next step.

What's available

2 of 6 sections

Participation trend· Needs 2+ comparable filings
Employer contribution benchmark· Ranked vs national peers
Fee analysis· Not reported on this filing
Asset performance trend· Needs 3+ filing years
Historical filings· 3 filing years
Recordkeeper· Not identified

Which best describes you?

The leading signal

Summit Toyota Of Akron, Llc

No Trend YetParticipation Rate · 3-Year Trend
No trend yet
The participation-rate trend appears once at least two consecutive filings report both active and total participants.
42 → 51 active savers · Workforce footprint
Members Only
Employer Contribution / Participant
$523
vs $852 National Median
Employer Percentile
Room to Grow
Bottom 66% of peers
Where this sits vs national auto-dealer peers.

Participation rate is filed, but a 3-year trend is not available yet — it appears once at least two consecutive filings report both active and total participants. Employer contribution per participant is shown below.

Benchmark Scorecard

Observable, source-backed metrics. No inferred grades or quality scores.

Members
Employer Contribution / Participant
$523
vs $852 National Median
Room to Grow Nationally

The lagging confirmation of plan health. Below median signals under-investment in workforce retention — the dollar has yet to follow the leading active-saver signal.

Members
Participant Contribution / Participant
$2,565
vs $3,435 National Median
Room to Grow Nationally

The leading signal of plan engagement. A rising trajectory precedes the lagging employer-contribution dollar; below median can signal gaps in auto-enrollment or plan design.

Members
Plan Assets / Participant
$18,713
vs $48,309 National Median
Optimization Potential Nationally

How seasoned the workforce is. Below national median can also indicate higher-than-needed employee turnover.

Members
Employer Contributions
$26,682
Latest source filing

Total annual employer contribution from the latest DOL filing.

Plan Assets
$1.0M
Latest source filing

The retirement pool employees are building. Larger pools reflect longer-tenured workforces.

Plan Participants
51
Latest source filing

Active employees covered by the plan — the scope of the dealership's retirement offering.

Local Dealerships with a More Competitive 401(k) Plan

Every comparable dealership we track in OH, ranked by employer contribution per participant. Names and locations are public; head-to-head contribution numbers unlock when you verify your dealership email.

1.Lambert Buick Pontiac-Gmc Truck, Inc
CUYAHOGA FALLS, OH • 7 mi
Contributes / participant
$3,123
2.Vandevere, Inc.
AKRON, OH • 0 mi
Contributes / participant
$2,617
3.Parris Holdings, Llc
AKRON, OH • 3 mi
Contributes / participant
$2,329
4.Buckeye Auto Network
AKRON, OH • 5 mi
Contributes / participant
$1,446
5.Fred Martin Motor Company
BARBERTON, OH • 2 mi
Contributes / participant
$1,252
6.Park Ford
TALLMADGE, OH • 7 mi
Contributes / participant
$358
7.Jay Akron Llc
AKRON, OH • 3 mi
Contributes / participant
$203
8.Toth Buick-Gmc, Inc
AKRON, OH • 7 mi
Contributes / participant
$77
Dave Towell Cadillac, Inc
AKRON, OH • 3 mi
Ranking available
Montrose Auto Group
AKRON, OH • 6 mi
Ranking available

No credit card. Verify with your dealership work email and every contribution number in this list unblurs — plus your own full benchmark.

Source: U.S. Department of Labor Form 5500. Peer contribution amounts unlock with a verified dealership email or an advisor pass.

All-In Plan Cost

The total cost of running this plan — recordkeeping, administration, custody, advisory, and fiduciary fees — as a percentage of plan assets. Community-sourced from the dealership's own 408(b)(2) fee disclosure.

Not yet contributed

The all-in cost comes from a dealership's own fee disclosure. Verify your dealership email and contribute your plan data to publish it here — and unlock the benchmarked cost analysis.

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Peer Position

Where this dealership ranks on Employer Contribution / Participant across cohorts of similarly comparable dealerships.

National Auto Dealers
Room to Grow
Bottom 66% of peers
4966 valid peers
Members
OH Dealers
Room to Grow
Bottom 67% of peers
240 valid peers
Members
Toyota Dealers
Room to Grow
Bottom 70% of peers
161 valid peers
Members
Similar-Size Dealers
Room to Grow
Bottom 66% of peers
1327 valid peers
Members

Engagement Trajectory

Active-saver trajectory is the leading signal; employer contribution is the lagging confirmation. Public filings from 2022 to 2025. Missing years are not interpolated.

202220232025015304560
Active-Saver Trajectory increased +21.4% from 2022 to 2025. This is the leading signal of plan engagement — the lagging employer-contribution dollar tends to follow.
Years available: 2022, 2023, 2025

Reported Plan Data

The public filing record behind every metric on this page — for audit and trust.

Plan SponsorSUMMIT TOYOTA OF AKRON, LLC
Plan NameSUMMIT TOYOTA OF AKRON, LLC 401(K) PLAN
EIN Members331133908
Plan Number001
RecordkeeperNot yet contributed — contribute plan data
Waiting PeriodNot reported on this filing — contribute plan data
Trustee / Custodian—
Custodian Phone—
Recordkeeping Fees—
Latest Filing Year2025
Financial Data Year2025
Participants (active, EOY)51
Plan Assets$1.0M
Employer Contributions$26,682
Participant Contributions$130,807
Total Contributions$157,489
Plan Type401(k) + Profit Sharing + 401(m)
Source FormDOL Form 5500-SF
Source Filing ID20260427065326NAL0004691779001
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Members only

Summit Toyota Of Akron, Llc's full 401(k) benchmark is reserved for members.

Some of the benchmarking details on this plan are sensitive, so they aren't published publicly — they're available with a paid membership. One way to start moving this plan up: flag it to a decision-maker below so we can bring the matter to them and offer a solution.

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Leadership & Contacts

Who runs Summit Toyota Of Akron, Llc

Senior executives surfaced from public sources. Verify your access to view names and emails.

D••• P••••
Dealer Principal
T••• D••••
General Manager
B••• K••••
Sales Manager
D••• D••••
Sales Manager
N••• S••••
Service Manager
J••• W••••
Parts Manager
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