2023 Form 5500 filing — Sumitomo Rubber Usa LLC Employee Savings Plan For Salaried Employees
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 20241011141604NAL0022912385001) for Sumitomo Rubber Usa LLC Employee Savings Plan For Salaried Employees, reported by Sumitomo Rubber Usa, LLC under EIN 34-1899137 and plan number 009. It reports 545 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011141604NAL0022912385001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Sumitomo Rubber Usa, LLC
- EIN
- 34-1899137
- Plan number
- 009
- Location
- Buffalo, NY
- Participants
- 545
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $62,237,051
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $62,237,051
- Employer contributions
- $1,768,648
- Participant contributions
- $2,358,274
- Total income / additions
- $13,962,452
- Benefits paid
- $5,993,447
- Administrative expenses
- $84,259
- Total expenses
- $6,136,287
- Net increase / (decrease)
- $7,826,165
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company | NONE | $49,377 | $0 |
| Empower Advisory Group, LLC | NONE | $37,734 | not reported in the loaded dataset |
| Charles Schwab & Co., Inc. | NONE | $6 | $0 |