Sakura Finetek Usa, Inc. 401(K) Retirement Savings Plan — Form 5500 plan (Sakura Finetek Usa, 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, Sakura Finetek Usa, Inc. 401(K) Retirement Savings Plan is a benefit plan reported by Sakura Finetek Usa, Inc. under EIN 33-0196183 and plan number 001. The latest loaded filing year is 2023. The filing reports 324 participants and $46,338,240 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$46.3MPlan net assets, end of year$46,338,240
Participants324Covered participants reported
Assets / participant$143KComputed: assets ÷ participants$143,019 (computed)
Provider compensation$41.5K1 Schedule C provider row(s)$41,502
Plan sponsor
Sakura Finetek Usa, Inc.
EIN
33-0196183
Plan number
001
Plan type
2
Location
Torrance, CA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023324H, C20250708101921NAL0010956562001
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)$46.3M total assets
Net assets$46.3MLiabilities$0
Money in vs. money out
Total income / additions$14.4M
Total expenses$4.9M
Benefits paid / distributions$4.9M
Contributions
Employer$637.8K
Participant$2.5M
Full reported line items

Net assets

Total assets (EOY)
$46,338,240
Total liabilities (EOY)
$0
Net assets (EOY)
$46,338,240
Net assets (BOY)
$36,886,926

Income & contributions

Employer contributions
$637,823
Participant contributions
$2,504,427
Total contributions
$3,163,312
Total income / additions
$14,374,690

Expenses & distributions

Benefits paid
$4,881,874
Administrative expenses
$41,502
Total expenses
$4,923,376
Net increase / (decrease)
$9,451,314
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 20%Participant 80%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income34%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$41,502$02023

Related Form 5500 pages