Sungwon Distributor LLC 401(K) Plan — Form 5500 plan (Sungwon Distributor LLC)
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, Sungwon Distributor LLC 401(K) Plan is a benefit plan reported by Sungwon Distributor LLC under EIN 27-3400399 and plan number 001. The latest loaded filing year is 2023. The filing reports 425 participants and $1,106,330 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Sungwon Distributor LLC
- EIN
- 27-3400399
- Plan number
- 001
- Plan type
- 2
- Location
- Jessup, MD
- Latest filing year
- 2023
- Participants
- 425
- End-of-year plan assets
- $1,106,330
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 425 | H, C | 20240724113951NAL0012903329001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $1,106,330
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,106,330
- Net assets (BOY)
- $349,785
Income & contributions
- Employer contributions
- $289,398
- Participant contributions
- $427,161
- Total contributions
- $733,075
- Total income / additions
- $839,989
Expenses & distributions
- Benefits paid
- $68,125
- Administrative expenses
- $15,319
- Total expenses
- $83,444
- Net increase / (decrease)
- $756,545
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| John Hancock Life Insurance Company | not reported in the loaded dataset | $0 | not reported in the loaded dataset | 2023 |