401(k)
2022 plan-year 401(k) DOL Form 5500

Suit-Kote Corporation Employees' Retirement Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Suit-Kote Corporation · New York · Construction

What the 2023 filing shows

Suit-Kote Corporation Employees' Retirement Plan holds $68M for 718 participants — about $94,680 per participant, down 13.9% over the 2022 plan year.

$68M
total plan assets (2022 EOY)
718
covered participants
$94,680
avg assets per participant
-13.9%
assets change YoY

The plan reported a net loss of $11M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$68M
Participants
718
State
Industry
Construction

What the Filing Says About Suit-Kote Corporation Employees' Retirement Plan

Suit-Kote Corporation Employees' Retirement Plan is a 401(k) retirement plan sponsored by Suit-Kote Corporation, headquartered in New York. As of the 2022 Form 5500 filing, the plan reports $68M in total end-of-year assets and covers 718 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 161177189, and the plan has been effective since 1987-04-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $79M at the beginning of 2022 to $68M at year-end — a decline of 13.9%. Net assets (after liabilities) closed the year at $68M, with reported net income of $-10,953,455 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$79M
Total Assets (End of Year)$68M
Net Assets (End of Year)$68M
Net Income$-10,953,455
Plan Type401(k)
Employer EIN161177189
Plan Effective Date1987-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Suit-Kote Corporation)

Year Plans Participants Total Assets
2022 1 718 $68M
2023 1 737 $74M
2024 1 721 $84M

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Frequently Asked Questions

How much money is in the Suit-Kote Corporation Employees' Retirement Plan?
As of the 2022 Form 5500 filing, Suit-Kote Corporation Employees' Retirement Plan holds $68M in total assets with 718 participants. It is sponsored by Suit-Kote Corporation.
What type of plan is Suit-Kote Corporation Employees' Retirement Plan?
Suit-Kote Corporation Employees' Retirement Plan is a 401(k) plan. It has been effective since 1987-04-01. The plan is filed with the U.S. Department of Labor under EIN 161177189.
Who sponsors the Suit-Kote Corporation Employees' Retirement Plan?
Suit-Kote Corporation Employees' Retirement Plan is sponsored by Suit-Kote Corporation, located in New York. The sponsor's EIN is 161177189 and the plan operates in the Construction industry.
How did Suit-Kote Corporation Employees' Retirement Plan perform in 2022?
Suit-Kote Corporation Employees' Retirement Plan declined by 13.9% during 2022, moving from $79M to $68M in total assets. Net income was $-10,953,455.
Where can I find official filings for Suit-Kote Corporation Employees' Retirement Plan?
Official Form 5500 filings for Suit-Kote Corporation Employees' Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 161177189 or plan name at efast.dol.gov.
How does Suit-Kote Corporation Employees' Retirement Plan compare to other plans?
You can compare Suit-Kote Corporation Employees' Retirement Plan against other 401(k) plans on the plan type page, or view plans in New York on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 161177189.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.