Sumiriko Tennessee, Inc. 401(K) Savings Plan — Form 5500 plan (Sumiriko Tennessee, 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, Sumiriko Tennessee, Inc. 401(K) Savings Plan is a benefit plan reported by Sumiriko Tennessee, Inc. under EIN 31-1474377 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,864 participants and $24,232,253 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$24.2MPlan net assets, end of year$24,232,253
Participants1.9KCovered participants reported1,864
Assets / participant$13KComputed: assets ÷ participants$13,000 (computed)
Provider compensation$77.9K2 Schedule C provider row(s)$77,870
Plan sponsor
Sumiriko Tennessee, Inc.
EIN
31-1474377
Plan number
002
Plan type
2
Location
Tazewell, TN
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,864H, C20241007100725NAL0015912433001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$24.2M total assets
Net assets$24.2MLiabilities$0
Money in vs. money out
Total income / additions$5.8M
Total expenses$3.7M
Benefits paid / distributions$3.6M
Contributions
Employer$1.4M
Participant$2M
Full reported line items

Net assets

Total assets (EOY)
$24,232,253
Total liabilities (EOY)
$0
Net assets (EOY)
$24,232,253
Net assets (BOY)
$22,147,438

Income & contributions

Employer contributions
$1,431,133
Participant contributions
$1,977,895
Total contributions
$3,558,325
Total income / additions
$5,779,011

Expenses & distributions

Benefits paid
$3,618,177
Administrative expenses
$77,870
Total expenses
$3,694,196
Net increase / (decrease)
$2,084,815
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 42%Participant 58%
Total expenses ÷ net assets15%Computed ratio
Benefits paid ÷ total income63%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Saunders Cook & Searle Asset MgtINVESTMENT ADVISOR$77,870not reported in the loaded dataset2023
Empower Annuity Insurance Company ORECORDKEEPER$0$02023

Related Form 5500 pages