401(k) · DOL Form 5500 · 2022

Shinhan Bank America 401(k) Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
217
Participants Below avg headcount
72nd
Percentile by assets National rank
$67,800
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Shinhan Bank America 401(k) Profit Sharing Plan & Trust · Sponsored by Shinhan Bank America · New York · Finance & Insurance

$15M in assets, 217 participants

Shinhan Bank America's Shinhan Bank America 401(k) Profit Sharing Plan & Trust reported $15M in total assets and 217 participants in its 2022 DOL Form 5500 filing, ranking in the 72nd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #5,282 in Finance & Insurance (9,261 peers)

Coverage in New York

Shinhan Bank America 401(k) Profit Sharing Plan & Trust covers 217 participants in New York, about 27% of the average New York filer (state average ~798 per filing). Assets: $15M.

#5,282
in Finance & Insurance (9,261 peers)
-12.5%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Shinhan Bank America 401(k) Profit Sharing Plan & Trust's outsized position by total assets

Shinhan Bank America 401(k) Profit Sharing Plan & Trust vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$14,712,616 Top 28% higher than 72% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Shinhan Bank America 401(k) Profit Sharing Plan & Trust among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Shinhan Bank America 401(k) Profit Sharing Plan & Trust sits mid-pack in the medium band (217 participants).

Plan-year Form 5500 strip

Filing strip 133581762 · Shinhan Bank America PY 2022 · 401(k)

Shinhan Bank America 401(k) Profit Sharing Plan & Trust · $15M · 217 · 72nd

  • BOOK $15M
  • VS-ST 217
  • BOY 72nd
  • SCH 401(k)
  • EBSA near Wescon Controls, LLC 401(k) Plan
  • PART ind #5282

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in New York →

Shinhan Bank America 401(k) Profit Sharing Plan & Trust in the asset neighbourhood

Omega World Travel 401(k) Savings PlanOmega World Travel 401(k) Sa…$15MShinhan Bank America 401(k) Profit Sharing Plan & TrustShinhan Bank America 401(k) …$15MWescon Controls, LLC 401(k) PlanWescon Controls, LLC 401(k) …$15MGardaworld Security Services U.S. 401(k) PlanGardaworld Security Services…$15MYoungwilliams P.C. 401(k) Profit Sharing PlanYoungwilliams P.C. 401(k) Pr…$15M
End-of-year total assets ($M) among Shinhan Bank America 401(k) Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

New York filing particulars

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$15M
Net Income-$2M
Employer EIN133581762
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Shinhan Bank America)

Sponsor-wide plan assets over time

All Shinhan Bank America plans reported in each filing year

Latest sponsor-wide plan assets
$23M 54.21332277006346% vs 2022
2024 filing year
$10M$15M$20M$25M 202220232024 $14.7M $22.7M ▲ +54.2%
Year Plans Participants Total Assets
2022 1 217 $15M
2023 1 214 $19M
2024 1 335 $23M

Nearby 401(k) Plans in New York

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Shinhan Bank America 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Shinhan Bank America 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.014712616 · Participants: 217Shinhan Bank America 401(k) Profit Sharing Plan & TrustIBM 401 (K) Plus Plan, Total assets ($B): 53.363875208 · Participants: 56376IBM 401 (K) Plus PlanMorgan Stanley 401(k) Plan, Total assets ($B): 16.415517176 · Participants: 42924Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 12.067222 · Participants: 129846The Pepsico Savings PlanDeloitte 401(k) Plan, Total assets ($B): 10.966899716 · Participants: 74687Deloitte 401(k) PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 9.681988279 · Participants: 22650The Goldman Sachs 401(k) Plan
Shinhan Bank America 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in New York, assets vs. participants

Shinhan Bank America 401(k) Profit Sharing Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Wescon Controls, LLC 401(k) Plan in KS ($15M); by covered participants it is Royal Crest Dairy, Inc. 401(k) Plan in CO (217 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($15M here).

Similar participant headcount

Nearest other-state filings by covered participants (217 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Shinhan Bank America 401(k) Profit Sharing Plan & Trust assets move in 2022?
Shinhan Bank America 401(k) Profit Sharing Plan & Trust pulled back noticeably - down 12.5% during 2022, from $17M to $15M. Reported net income was -$2M.
How have Shinhan Bank America plan assets changed over time?
Across 3 plan years on file (2022-2024), Shinhan Bank America's sponsor-wide assets grew 54.2%, from $15M to $23M.
Which 401(k) plans are similar in size to Shinhan Bank America 401(k) Profit Sharing Plan & Trust?
Among 401(k) plans in other states, the closest by assets is Wescon Controls, LLC 401(k) Plan in KS ($15M, 167 participants).
Which 401(k) plans cover a similar participant headcount to Shinhan Bank America 401(k) Profit Sharing Plan & Trust?
Among 401(k) plans in other states, the closest by covered participants is Royal Crest Dairy, Inc. 401(k) Plan in CO (217 participants, $6M in assets).