Sumida America Inc. 401(K) Plan — Form 5500 plan (Sumida America 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, Sumida America Inc. 401(K) Plan is a benefit plan reported by Sumida America Inc. under EIN 38-1585816 and plan number 001. The latest loaded filing year is 2023. The filing reports 302 participants and $14,916,050 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Sumida America Inc.
- EIN
- 38-1585816
- Plan number
- 001
- Plan type
- 2
- Location
- Clarkston, MI
- Latest filing year
- 2023
- Participants
- 302
- End-of-year plan assets
- $14,916,050
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 302 | H, C | 20240924173224NAL0013132753001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $14,916,050
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,916,050
- Net assets (BOY)
- $13,476,513
Income & contributions
- Employer contributions
- $472,302
- Participant contributions
- $871,677
- Total contributions
- $1,343,979
- Total income / additions
- $3,455,414
Expenses & distributions
- Benefits paid
- $1,920,160
- Administrative expenses
- $75,971
- Total expenses
- $2,015,877
- Net increase / (decrease)
- $1,439,537
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $40,071 | $0 | 2023 |