Plan Snapshot
- Plan Sponsor: Sumitomo Mitsui Trust Bank (U.S.A.) Limited
- Sponsor EIN: 133382184
- Sponsor Address: 111 RIVER STREET, HOBOKEN, NJ, 07030
- Plan Type: 401(k)
- Total Participants: 224
- Total Assets: $122.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 224 | $122.0M | $1.8M | $3.1M |
| 2023 | 210 | $104.4M | $1.7M | $2.9M |
| 2022 | 202 | $84.6M | $1.5M | $2.6M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| WIPFLI, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WIPFLI, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | -$53,652 | — | $300 | — | — |
| 2023 | -$65,259 | — | — | — | — |
| 2022 | -$103,369 | — | — | — | — |