Sojitz Group 401(K) Plan — Form 5500 plan (Sojitz Corporation Of America)

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, Sojitz Group 401(K) Plan is a benefit plan reported by Sojitz Corporation Of America under EIN 13-5610360 and plan number 002. The latest loaded filing year is 2023. The filing reports 493 participants and $84,685,715 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$84.7MPlan net assets, end of year$84,685,715
Participants493Covered participants reported
Assets / participant$171.8KComputed: assets ÷ participants$171,776 (computed)
Provider compensation$187.6K4 Schedule C provider row(s)$187,636
Plan sponsor
Sojitz Corporation Of America
EIN
13-5610360
Plan number
002
Plan type
2
Location
New York, NY
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023493H, C20241015074514NAL0028954401001
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)$84.7M total assets
Net assets$84.7MLiabilities$0
Money in vs. money out
Total income / additions$18.6M
Total expenses$9.6M
Benefits paid / distributions$9.4M
Contributions
Employer$1.4M
Participant$3M
Full reported line items

Net assets

Total assets (EOY)
$84,685,715
Total liabilities (EOY)
$0
Net assets (EOY)
$84,685,715
Net assets (BOY)
$75,706,634

Income & contributions

Employer contributions
$1,420,800
Participant contributions
$3,044,308
Total contributions
$4,801,853
Total income / additions
$18,588,188

Expenses & distributions

Benefits paid
$9,393,866
Administrative expenses
$187,635
Total expenses
$9,609,107
Net increase / (decrease)
$8,979,081
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 32%Participant 68%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income51%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Ubs Financial Services IncADVISOR$109,990not reported in the loaded dataset2023
Bencivenga Ward & Company, Cpas, PACCOUNTANT/AUDITOR$47,632not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$17,850$02023
Strategic Advisors, Inc.ADVISOR$12,164not reported in the loaded dataset2023

Related Form 5500 pages