Mitsui Sumitomo 401(K) Savings/Retirement Plan — Form 5500 plan (Mitsui Sumitomo Marine Management (U.S.A.), Inc.)

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, Mitsui Sumitomo 401(K) Savings/Retirement Plan is a benefit plan reported by Mitsui Sumitomo Marine Management (U.S.A.), Inc. under EIN 13-3429270 and plan number 001. The latest loaded filing year is 2023. The filing reports 588 participants and $151,803,581 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Mitsui Sumitomo Marine Management (U.S.A.), Inc.
EIN
13-3429270
Plan number
001
Plan type
2
Location
Warren, NJ
Latest filing year
2023
Participants
588
End-of-year plan assets
$151,803,581

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023588H, C20240927141705NAL0004475954001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$151,803,581
Total liabilities (EOY)
$0
Net assets (EOY)
$151,803,581
Net assets (BOY)
$122,827,235

Income & contributions

Employer contributions
$6,257,680
Participant contributions
$6,334,533
Total contributions
$13,981,677
Total income / additions
$36,969,532

Expenses & distributions

Benefits paid
$7,860,518
Administrative expenses
$132,668
Total expenses
$7,993,186
Net increase / (decrease)
$28,976,346

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Newport Capital GroupPLAN ADMINISTRATOR$64,597not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$50,115not reported in the loaded dataset2023
Strategic Advisors, Inc.ADVISOR$17,956not reported in the loaded dataset2023

Related Form 5500 pages