Coway Usa Inc. 401(K) Plan — Form 5500 plan (Coway 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, Coway Usa Inc. 401(K) Plan is a benefit plan reported by Coway Usa Inc. under EIN 71-1012437 and plan number 001. The latest loaded filing year is 2023. The filing reports 445 participants and $5,521,126 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$5.5MPlan net assets, end of year$5,521,126
Participants445Covered participants reported
Assets / participant$12.4KComputed: assets ÷ participants$12,407 (computed)
Provider compensation$52.2K4 Schedule C provider row(s)$52,165
- Plan sponsor
- Coway Usa Inc.
- EIN
- 71-1012437
- Plan number
- 001
- Plan type
- 2
- Location
- Los Angeles, CA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 445 | H, C | 20241011181435NAL0011263875001 |
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)$5.5M total assets
Net assets$5.5MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $5,521,126
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,521,126
- Net assets (BOY)
- $3,360,962
Income & contributions
- Employer contributions
- $376,704
- Participant contributions
- $1,239,010
- Total contributions
- $1,618,579
- Total income / additions
- $2,365,393
Expenses & distributions
- Benefits paid
- $166,758
- Administrative expenses
- $38,471
- Total expenses
- $205,229
- Net increase / (decrease)
- $2,160,164
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.
23%77%
Employer 23%Participant 77%
Total expenses ÷ net assets4%Computed ratio
Benefits paid ÷ total income7%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $35,246 | $0 | 2023 |
| Sbhu Life Agency Inc | OTHER SERVICES | $0 | $11,733 | 2023 |
| Orenda Retirement LLC | CONTRACT ADMINISTRATOR | $3,225 | $1,961 | 2023 |
| Wilshire Associates Incorporated | INVESTMENT ADVISORY | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Coway Usa Inc.
- 2023 Form 5500 filing
- Form 5500 filings in CA
- 401(k) and benefit plan filings in Los Angeles, CA
- Principal Life Insurance Company — Schedule C compensation
- Sbhu Life Agency Inc — Schedule C compensation
- Orenda Retirement LLC — Schedule C compensation
- Wilshire Associates Incorporated — Schedule C compensation