401(k) · DOL Form 5500 · 2023

Sungwon Distributor LLC 401(k) Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets: 410
Participants Below avg headcount: 25th
Percentile by assets National rank: $2,698
Avg per participant Low balance/head

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Official DOL plan name: Sungwon Distributor LLC 401(k) Plan · Sponsored by Sungwon Distributor LLC · Maryland · Transportation & Warehousing

$1M in assets, 410 participants

Sungwon Distributor LLC's Sungwon Distributor LLC 401(k) Plan reported $1M in total assets and 410 participants in its 2023 DOL Form 5500 filing, ranking in the 25th 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.

#819 in Transportation & Warehousing (3,362 peers)

Coverage in Maryland

Sungwon Distributor LLC 401(k) Plan covers 410 participants in Maryland, about 44% of the average Maryland filer (state average ~929 per filing). Assets: $1M.

#819
in Transportation & Warehousing (3,362 peers): +211.9%
assets growth YoY

Sungwon Distributor LLC 401(k) Plan among the smaller filed plans by assets

Sungwon Distributor LLC 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$1,106,330 25th percentile higher than 25% of 127,068 filed plans

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

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Sungwon Distributor LLC 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sungwon Distributor LLC 401(k) Plan sits mid-pack in the medium band (410 participants).

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

Sungwon Distributor LLC 401(k) Plan end-of-year assets rose from $355K in the plan year 2022 filing to $1M in the plan year 2023 filing.
Sungwon Distributor LLC 401(k) Plan reported net income rose from $350K in the plan year 2022 filing to $757K in the plan year 2023 filing.
Sungwon Distributor LLC 401(k) Plan reported participants rose from 357 in the plan year 2022 filing to 410 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 273400399 · Sungwon Distributor LLC PY 2023 · 401(k)

Sungwon Distributor LLC 401(k) Plan · $1M · 410 · 25th

ASSETS $1M
ASSETS 410
ASSETS 25th
ASSETS 401(k)
ASSETS near Sigma Technologies Int'l, LLC 401(k) Plan
ASSETS ind #819

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 Transportation & Warehousing retirement plans → · Plans in Maryland →

End-of-year total assets ($M) among Sungwon Distributor LLC 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Maryland filing particulars

Total Assets (Beginning of Year)	$355K
Net Assets (End of Year)	$1M
Net Income	$757K
Employer EIN	273400399
Plan Effective Date	2022-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Sungwon Distributor LLC)

Latest sponsor-wide plan assets: $1M 211.89792195856322% vs 2022; 2023 filing year

Year	Plans	Participants	Total Assets
2022	1	357	$355K
2023	1	410	$1M

Nearby 401(k) Plans in Maryland

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

Sungwon Distributor LLC 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants

Lockheed Martin Corporation Salaried Savings Plan $47.3B · 91,511
Marriott Retirement Savings Plan $10.2B · 96,415
T. Rowe Price U.S. Retirement Program $4.4B · 6,292
Nfl Player Second Career Savings Plan $4.0B · 2,767
Sodexo 401 (K) Employees' Retirement Savings Plan and Trust $2.2B · 80,121

Compare Sungwon Distributor LLC 401(k) Plan side-by-side with 3 peers →

Sungwon Distributor LLC 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is Sigma Technologies Int'l, LLC 401(k) Plan in AZ ($1M); by covered participants it is Logixhealth, Inc 401(k) Plan in MA (410 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1M here).

Sigma Technologies Int'l, LLC 401(k) Plan (AZ) $1M · 7
Falsani, Balmer, Peterson & Balmer 401(k) Plan (MN) $1M · 16
Emancipet 401 (K) Plan (TX) $1M · 188
Larry Younggren & Sons, Inc. 401(k) Plan (MN) $1M · 2

Similar participant headcount

Nearest other-state filings by covered participants (410 participants); asset peers above are excluded.

Logixhealth, Inc 401(k) Plan (MA) 410 · 0 off
Spero Health, Inc. 401(k) Plan (TN) 410 · 0 off
The Willamette Valley Company and Subsidiary Companies 401(k) Profit Sharing Plan (OR) 410 · 0 off
Haydon Building Corp 401(k) Plan (AZ) 410 · 0 off

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Sungwon Distributor LLC 401(k) Plan assets move in 2023? ▼

Sungwon Distributor LLC 401(k) Plan surged - up 211.9% during 2023, from $355K to $1M. Reported net income was $757K.

How have Sungwon Distributor LLC plan assets changed over time? ▼

Across 2 plan years on file (2022-2023), Sungwon Distributor LLC's sponsor-wide assets grew 211.9%, from $355K to $1M.

Where does Sungwon Distributor LLC 401(k) Plan rank by assets among Form 5500 filers? ▼

Sungwon Distributor LLC 401(k) Plan ranks in the 25th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the lower half of filed plans by assets).

Which 401(k) plans are similar in size to Sungwon Distributor LLC 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Sigma Technologies Int'l, LLC 401(k) Plan in AZ ($1M, 7 participants).

Which 401(k) plans cover a similar participant headcount to Sungwon Distributor LLC 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Logixhealth, Inc 401(k) Plan in MA (410 participants, $19M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 273400399.