The Safe Harbor 401(K) Plan — Form 5500 plan (Sumitomo Corporation Of Americas)
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, The Safe Harbor 401(K) Plan is a benefit plan reported by Sumitomo Corporation Of Americas under EIN 13-5612163 and plan number 005. The latest loaded filing year is 2023. The filing reports 3,525 participants and $355,770,235 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Sumitomo Corporation Of Americas
- EIN
- 13-5612163
- Plan number
- 005
- Plan type
- 3
- Location
- New York, NY
- Latest filing year
- 2023
- Participants
- 3,525
- End-of-year plan assets
- $355,770,235
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 3,525 | H, C | 20241015183554NAL0050910752001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $355,770,235
- Net assets (EOY)
- $355,770,235
- Net assets (BOY)
- $304,697,270
Income & contributions
- Employer contributions
- $9,790,521
- Participant contributions
- $16,787,137
- Total contributions
- $28,457,983
- Total income / additions
- $81,782,166
Expenses & distributions
- Benefits paid
- $30,247,898
- Administrative expenses
- $440,543
- Total expenses
- $30,709,201
- Net increase / (decrease)
- $51,072,965
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Transamerica Retirement Solutions | RECORD KEEPER | $339,620 | $0 | 2023 |
| Nepc, LLC | INVESTMENT ADVISOR | $51,849 | not reported in the loaded dataset | 2023 |
| Epstein Becker & Green P.C. | CONSULTANT | $28,060 | not reported in the loaded dataset | 2023 |
| Lbmc, Pc | AUDITOR | $15,000 | not reported in the loaded dataset | 2023 |
| Charles Schwab & Co., Inc. | SECURITIES BROKER | $2,905 | $0 | 2023 |
| National Financials Services | SECURITIES BROKER | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Sumitomo Corporation Of Americas
- 2023 Form 5500 filing
- Form 5500 filings in NY
- 401(k) and benefit plan filings in New York, NY
- Transamerica Retirement Solutions — Schedule C compensation
- Nepc, LLC — Schedule C compensation
- Epstein Becker & Green P.C. — Schedule C compensation
- Lbmc, Pc — Schedule C compensation
- Charles Schwab & Co., Inc. — Schedule C compensation
- National Financials Services — Schedule C compensation