Plan5500

Sumitomo Mitsui Banking Corporation Retirement Plan — Form 5500 plan (Sumitomo Mitsui Banking Corporation)

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, Sumitomo Mitsui Banking Corporation Retirement Plan is a benefit plan reported by Sumitomo Mitsui Banking Corporation under EIN 13-5611820 and plan number 001. The latest loaded filing year is 2023. The filing reports 4,273 participants and $280,997,452 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Sumitomo Mitsui Banking Corporation
EIN
13-5611820
Plan number
001
Plan type
2
Location
New York, NY
Latest filing year
2023
Participants
4,273
End-of-year plan assets
$280,997,452

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20234,273H, C20241009092502NAL0037354418001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$280,997,452
Total liabilities (EOY)
$0
Net assets (EOY)
$280,997,452
Net assets (BOY)
$242,138,285

Income & contributions

Employer contributions
$20,000,000
Total contributions
$20,000,000
Total income / additions
$51,353,844

Expenses & distributions

Benefits paid
$11,153,140
Administrative expenses
$1,341,537
Total expenses
$12,494,677
Net increase / (decrease)
$38,859,167

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Usi Consulting GroupNONE$93,205not reported in the loaded dataset2023
Nixon Peabody LlpNONE$29,665not reported in the loaded dataset2023
Cohnreznick LlpNONE$7,500not reported in the loaded dataset2023

Related Form 5500 pages