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

Smc Corporation Retirement Savings Plan

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

Sponsored by Smc Corporation of America ยท Indiana ยท Manufacturing

What the 2023 filing shows

Smc Corporation Retirement Savings Plan holds $157M for 1,360 participants - about $115,362 per participant, down 14.9% over the 2022 plan year.

$157M
total plan assets (2022 EOY)
1,360
covered participants
$115,362
avg assets per participant
-14.9%
assets change YoY

The plan reported a net loss of $28M for the year โ€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$157M
Participants
1,360
State
Industry
Manufacturing

What the Filing Says About Smc Corporation Retirement Savings Plan

Smc Corporation Retirement Savings Plan is a 401(k) retirement plan sponsored by Smc Corporation of America, headquartered in Indiana. As of the 2022 Form 5500 filing, the plan reports $157M in total end-of-year assets and covers 1,360 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 351407207, and the plan has been effective since 1991-04-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $184M at the beginning of 2022 to $157M at year-end โ€” a decline of 14.9%. Net assets (after liabilities) closed the year at $157M, with reported net income of $-27,565,563 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 โ€” 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)$184M
Total Assets (End of Year)$157M
Net Assets (End of Year)$157M
Net Income$-27,565,563
Plan Type401(k)
Employer EIN351407207
Plan Effective Date1991-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Smc Corporation of America)

Year Plans Participants Total Assets
2022 1 1,360 $157M
2023 1 1,310 $175M
2024 1 1,373 $189M

Nearby 401(k) Plans in Indiana

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Frequently Asked Questions

How much money is in the Smc Corporation Retirement Savings Plan?
As of the 2022 Form 5500 filing, Smc Corporation Retirement Savings Plan holds $157M in total assets with 1,360 participants. It is sponsored by Smc Corporation of America.
What type of plan is Smc Corporation Retirement Savings Plan?
Smc Corporation Retirement Savings Plan is a 401(k) plan. It has been effective since 1991-04-01. The plan is filed with the U.S. Department of Labor under EIN 351407207.
Who sponsors the Smc Corporation Retirement Savings Plan?
Smc Corporation Retirement Savings Plan is sponsored by Smc Corporation of America, located in Indiana. The sponsor's EIN is 351407207 and the plan operates in the Manufacturing industry.
How did Smc Corporation Retirement Savings Plan perform in 2022?
Smc Corporation Retirement Savings Plan declined by 14.9% during 2022, moving from $184M to $157M in total assets. Net income was $-27,565,563.
Where can I find official filings for Smc Corporation Retirement Savings Plan?
Official Form 5500 filings for Smc Corporation Retirement Savings Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 351407207 or plan name at efast.dol.gov.
How does Smc Corporation Retirement Savings Plan compare to other plans?
You can compare Smc Corporation Retirement Savings Plan against other 401(k) plans on the plan type page, or view plans in Indiana 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) โ€” original filing retrieval by EIN 351407207.

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

Reference: IRS Publication 590-B โ€” 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.