Plan5500

Sumitomo Machinery Corporation Of America Pension Plan — Form 5500 plan (Sumitomo Machinery 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, Sumitomo Machinery Corporation Of America Pension Plan is a benefit plan reported by Sumitomo Machinery Corporation Of America under EIN 22-1815055 and plan number 001. The latest loaded filing year is 2023. The filing reports 670 participants and $55,946,703 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Sumitomo Machinery Corporation Of America
EIN
22-1815055
Plan number
001
Plan type
2
Location
Chesapeake, VA
Latest filing year
2023
Participants
670
End-of-year plan assets
$55,946,703

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023670H, C20241013181750NAL0049913922001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$55,946,703
Total liabilities (EOY)
$0
Net assets (EOY)
$55,946,703
Net assets (BOY)
$53,557,523

Income & contributions

Total contributions
$0
Total income / additions
$5,702,832

Expenses & distributions

Benefits paid
$2,867,834
Administrative expenses
$445,818
Total expenses
$3,313,652
Net increase / (decrease)
$2,389,180

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$243,438$02023
Principal Global Investors LLCINVESTMENT ADVISORY$23,548not reported in the loaded dataset2023

Related Form 5500 pages