2023 Form 5500 filing — Samsung Data Systems America, Inc. 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 20241014092753NAL0013060019001) for Samsung Data Systems America, Inc. Savings/Retirement Plan, reported by Samsung Sds America, Inc. under EIN 77-0453818 and plan number 001. It reports 1,245 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014092753NAL0013060019001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Samsung Sds America, Inc.
- EIN
- 77-0453818
- Plan number
- 001
- Location
- Ridgefield Park, NJ
- Participants
- 1,245
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $102,574,513
- Net assets (EOY)
- $102,574,513
- Employer contributions
- $3,843,338
- Participant contributions
- $6,208,545
- Total income / additions
- $30,084,622
- Benefits paid
- $6,451,524
- Administrative expenses
- $144,177
- Total expenses
- $6,599,724
- Net increase / (decrease)
- $23,484,898
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transamerica Retirement Solutions | RECORD KEEPER | $142,993 | $0 |
| Charles Schwab & Co, Inc. | SECURITIES BROKER | $624 | $0 |
| National Financial Services | SECURITIES BROKER | $0 | $0 |