Smtbusa 401(K) Plan — Form 5500 plan (Sumitomo Mitsui Trust Bank (U.S.A.) Limited)
Plain-English plan 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, Smtbusa 401(K) Plan is a benefit plan reported by Sumitomo Mitsui Trust Bank (U.S.A.) Limited under EIN 13-3382184 and plan number 002. The latest loaded filing year is 2023. The filing reports 297 participants and $104,408,700 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Sumitomo Mitsui Trust Bank (U.S.A.) Limited
- EIN
- 13-3382184
- Plan number
- 002
- Plan type
- 2
- Location
- Hoboken, NJ
- Latest filing year
- 2023
- Participants
- 297
- End-of-year plan assets
- $104,408,700
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 297 | H, C | 20240829124232NAL0006441907001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $104,408,700
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $104,408,700
- Net assets (BOY)
- $84,565,854
Income & contributions
- Employer contributions
- $1,687,683
- Participant contributions
- $2,917,318
- Total contributions
- $5,136,611
- Total income / additions
- $25,728,318
Expenses & distributions
- Benefits paid
- $5,950,731
- Administrative expenses
- -$65,259
- Total expenses
- $5,885,472
- Net increase / (decrease)
- $19,842,846
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | -$65,259 | $0 | 2023 |