2023 Form 5500 filing — Linder Industrial Machinery 401(K) 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 20241015182958NAL0030632193002) for Linder Industrial Machinery 401(K) Retirement Plan, reported by Sumitomo Corporation Of Americas under EIN 13-5612163 and plan number 004. It reports 781 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015182958NAL0030632193002
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Sumitomo Corporation Of Americas
- EIN
- 13-5612163
- Plan number
- 004
- Location
- New York, NY
- Participants
- 781
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $47,576,996
- Net assets (EOY)
- $47,576,996
- Employer contributions
- $2,418,426
- Participant contributions
- $3,469,336
- Total income / additions
- $12,843,948
- Benefits paid
- $3,869,300
- Administrative expenses
- $90,474
- Total expenses
- $3,971,291
- Net increase / (decrease)
- $8,872,657
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transamerica Retirement Solutions | RECORD KEEPER | $63,936 | $0 |
| Lbmc, Pc | AUDITOR | $17,000 | not reported in the loaded dataset |
| Nepc, LLC | INVESTMENT ADVISOR | $6,720 | not reported in the loaded dataset |
| National Financial Services | SECURITIES BROKER | $0 | $0 |
| Charles Schwab & Co., Inc. | SECURITIES BROKER | $0 | $0 |