2023 Form 5500 filing — Samsung 401(K) 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 20241015133136NAL0014725715001) for Samsung 401(K) Plan, reported by Samsung Electronics America, Inc. under EIN 13-2951153 and plan number 001. It reports 20,334 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015133136NAL0014725715001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Samsung Electronics America, Inc.
- EIN
- 13-2951153
- Plan number
- 001
- Location
- Ridgefield Park, NJ
- Participants
- 20,334
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $2,596,475,863
- Total liabilities (EOY)
- $1,005,367
- Net assets (EOY)
- $2,595,470,496
- Employer contributions
- $85,134,808
- Participant contributions
- $174,310,330
- Total income / additions
- $722,412,091
- Benefits paid
- $156,345,047
- Administrative expenses
- $1,806,398
- Total expenses
- $158,376,958
- Net increase / (decrease)
- $564,035,133
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Strategic Advisors, Inc. | ADVISOR | $1,007,195 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $474,146 | $0 |
| Fiduciary Investment Advisors | INVESTMENT ADVISOR | $76,818 | not reported in the loaded dataset |