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, Suominen 401(K) Plan is a benefit plan reported by Suominen Us Holding, Inc. under EIN 45-3291280 and plan number 001. The latest loaded filing year is 2023. The filing reports 414 participants and $46,067,982 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $46,067,982
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $46,067,982
- Net assets (BOY)
- $39,730,058
Income & contributions
- Employer contributions
- $1,343,576
- Participant contributions
- $2,055,588
- Total contributions
- $3,723,363
- Total income / additions
- $10,914,012
Expenses & distributions
- Benefits paid
- $4,551,209
- Administrative expenses
- $20,386
- Total expenses
- $4,576,088
- Net increase / (decrease)
- $6,337,924