Samsung 401(K) Plan — Form 5500 plan (Samsung Electronics 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, Samsung 401(K) Plan is a benefit plan reported by Samsung Electronics America, Inc. under EIN 13-2951153 and plan number 001. The latest loaded filing year is 2023. The filing reports 20,334 participants and $2,596,475,863 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Samsung Electronics America, Inc.
- EIN
- 13-2951153
- Plan number
- 001
- Plan type
- 2
- Location
- Ridgefield Park, NJ
- Latest filing year
- 2023
- Participants
- 20,334
- End-of-year plan assets
- $2,596,475,863
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 20,334 | H, C | 20241015133136NAL0014725715001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $2,596,475,863
- Total liabilities (EOY)
- $1,005,367
- Net assets (EOY)
- $2,595,470,496
- Net assets (BOY)
- $2,031,435,363
Income & contributions
- Employer contributions
- $85,134,808
- Participant contributions
- $174,310,330
- Total contributions
- $296,001,491
- Total income / additions
- $722,412,091
Expenses & distributions
- Benefits paid
- $156,345,047
- Administrative expenses
- $1,806,398
- Total expenses
- $158,376,958
- Net increase / (decrease)
- $564,035,133
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Strategic Advisors, Inc. | ADVISOR | $1,007,195 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | $474,146 | $0 | 2023 |
| Fiduciary Investment Advisors | INVESTMENT ADVISOR | $76,818 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Samsung Electronics America, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in NJ
- 401(k) and benefit plan filings in Ridgefield Park, NJ
- Strategic Advisors, Inc. — Schedule C compensation
- Fidelity Investments Institutional — Schedule C compensation
- Fiduciary Investment Advisors — Schedule C compensation