Sumitomo Mitsui Banking Corporation 401(K) Plan — Form 5500 plan (Sumitomo Mitsui Banking Corporation)
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, Sumitomo Mitsui Banking Corporation 401(K) Plan is a benefit plan reported by Sumitomo Mitsui Banking Corporation under EIN 13-5611820 and plan number 002. The latest loaded filing year is 2023. The filing reports 4,677 participants and $619,776,939 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Sumitomo Mitsui Banking Corporation
- EIN
- 13-5611820
- Plan number
- 002
- Plan type
- 2
- Location
- New York, NY
- Latest filing year
- 2023
- Participants
- 4,677
- End-of-year plan assets
- $619,776,939
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 4,677 | H, C | 20241001160059NAL0007069265001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $619,776,939
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $619,776,939
- Net assets (BOY)
- $473,116,384
Income & contributions
- Employer contributions
- $19,991,229
- Participant contributions
- $58,821,911
- Total contributions
- $101,456,905
- Total income / additions
- $189,323,638
Expenses & distributions
- Benefits paid
- $41,890,788
- Administrative expenses
- $643,362
- Total expenses
- $42,663,083
- Net increase / (decrease)
- $146,660,555
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Life & Annuity Insurance Co | RECORDKEEPER | $513,362 | $0 | 2023 |
| Capfinancial Partners LLC Dba Captr | NONE | $110,000 | not reported in the loaded dataset | 2023 |
| Cohnreznick Llp | NONE | $20,000 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Sumitomo Mitsui Banking Corporation
- 2023 Form 5500 filing
- Form 5500 filings in NY
- 401(k) and benefit plan filings in New York, NY
- Empower Life & Annuity Insurance Co — Schedule C compensation
- Capfinancial Partners LLC Dba Captr — Schedule C compensation
- Cohnreznick Llp — Schedule C compensation