2023 Form 5500 filing — Mitsui Sumitomo 401(K) Savings/Retirement Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240927141705NAL0004475954001) for Mitsui Sumitomo 401(K) Savings/Retirement Plan, reported by Mitsui Sumitomo Marine Management (U.S.A.), Inc. under EIN 13-3429270 and plan number 001. It reports 588 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240927141705NAL0004475954001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Mitsui Sumitomo Marine Management (U.S.A.), Inc.
- EIN
- 13-3429270
- Plan number
- 001
- Location
- Warren, NJ
- Participants
- 588
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $151,803,581
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $151,803,581
- Employer contributions
- $6,257,680
- Participant contributions
- $6,334,533
- Total income / additions
- $36,969,532
- Benefits paid
- $7,860,518
- Administrative expenses
- $132,668
- Total expenses
- $7,993,186
- Net increase / (decrease)
- $28,976,346
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Newport Capital Group | PLAN ADMINISTRATOR | $64,597 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $50,115 | not reported in the loaded dataset |
| Strategic Advisors, Inc. | ADVISOR | $17,956 | not reported in the loaded dataset |