2023 Form 5500 filing — The Safe Harbor 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 20241015183554NAL0050910752001) for The Safe Harbor 401(K) Plan, reported by Sumitomo Corporation Of Americas under EIN 13-5612163 and plan number 005. It reports 3,525 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015183554NAL0050910752001
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- Sumitomo Corporation Of Americas
- EIN
- 13-5612163
- Plan number
- 005
- Location
- New York, NY
- Participants
- 3,525
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $355,770,235
- Net assets (EOY)
- $355,770,235
- Employer contributions
- $9,790,521
- Participant contributions
- $16,787,137
- Total income / additions
- $81,782,166
- Benefits paid
- $30,247,898
- Administrative expenses
- $440,543
- Total expenses
- $30,709,201
- Net increase / (decrease)
- $51,072,965
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transamerica Retirement Solutions | RECORD KEEPER | $339,620 | $0 |
| Nepc, LLC | INVESTMENT ADVISOR | $51,849 | not reported in the loaded dataset |
| Epstein Becker & Green P.C. | CONSULTANT | $28,060 | not reported in the loaded dataset |
| Lbmc, Pc | AUDITOR | $15,000 | not reported in the loaded dataset |
| Charles Schwab & Co., Inc. | SECURITIES BROKER | $2,905 | $0 |
| National Financials Services | SECURITIES BROKER | $0 | $0 |