401(k) · DOL Form 5500 · 2023

Shinhan Bank America 401(k) Plan

Data updated 2026-08-25

$19M
Total assets Small plan by assets
214
Participants Below avg headcount
72nd
Percentile by assets National rank
$89,069
Avg per participant Below avg balance/head
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Official DOL plan name: Shinhan Bank America 401(k) Profit Sharing Plan & Trust · Sponsored by Shinhan Bank America · New York · Finance & Insurance

$19M in assets, 214 participants

Shinhan Bank America's Shinhan Bank America 401(k) Profit Sharing Plan & Trust reported $19M in total assets and 214 participants in its 2023 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.

  • #5,149 in Finance & Insurance (8,869 peers)

Coverage in New York

Shinhan Bank America 401(k) Profit Sharing Plan & Trust covers 214 participants in New York, about 27% of the average New York filer (state average ~798 per filing). Assets: $19M.

#5,149
in Finance & Insurance (8,869 peers)
+29.6%
assets growth YoY

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 2023 · DOL Form 5500

$19,060,684 Top 28% higher than 72% of 127,068 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 2023

Shinhan Bank America 401(k) Profit Sharing Plan & Trust 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. Shinhan Bank America 401(k) Profit Sharing Plan & Trust sits mid-pack in the medium band (214 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Shinhan Bank America 401(k) Profit Sharing Plan & Trust reported net income rose from -$2M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Shinhan Bank America 401(k) Profit Sharing Plan & Trust end-of-year assets rose from $15M in the plan year 2022 filing to $19M in the plan year 2023 filing.
  • Shinhan Bank America 401(k) Profit Sharing Plan & Trust reported participants fell from 217 in the plan year 2022 filing to 214 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 133581762 · Shinhan Bank America PY 2023 · 401(k)

Shinhan Bank America 401(k) Profit Sharing Plan & Trust · $19M · 214 · 72nd

  • BOY $19M
  • SCH 214
  • EBSA 72nd
  • PART 401(k)
  • TYPE near Hrm Enterprises, Inc. 401(k) Plan
  • NET ind #5149

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

Shinhan Bank America 401(k) Profit Sharing Plan & TrustShinhan Bank America 401(k) …$19MHrm Enterprises, Inc. 401(k) PlanHrm Enterprises, Inc. 401(k)…$19MTokio Marine Highland 401(k) PlanTokio Marine Highland 401(k)…$19MRiekes Equipment Company 401(k) Profit Sharing PlanRiekes Equipment Company 401…$19MHellmuth & Johnson, PLLC 401(k) PlanHellmuth & Johnson, PLLC 401…$19M
End-of-year total assets ($M) among Shinhan Bank America 401(k) Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$19M
Net Income$4M
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 -20020406080 Total assets ($B) Participants Shinhan Bank America 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.019060684 · Participants: 214Shinhan Bank America 401(k) Profit Sharing Plan & TrustIBM 401 (K) Plus Plan, Total assets ($B): 57.428456306 · Participants: 54912IBM 401 (K) Plus PlanPfizer Savings Plan, Total assets ($B): 19.56134085 · Participants: 30033Pfizer Savings PlanMorgan Stanley 401(k) Plan, Total assets ($B): 19.235068266 · Participants: 55363Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 13.651296 · Participants: 133597The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 11.428659742 · Participants: 24866The 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
Compare Shinhan Bank America 401(k) Profit Sharing Plan & Trust side-by-side with 3 peers →

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 Hrm Enterprises, Inc. 401(k) Plan in OH ($19M); by covered participants it is Schoeneck Containers, Inc. 401(k) Plan in WI (214 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($19M here).

Similar participant headcount

Nearest other-state filings by covered participants (214 participants); asset peers above are excluded.

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 Shinhan Bank America 401(k) Profit Sharing Plan & Trust assets move in 2023? ▼
Shinhan Bank America 401(k) Profit Sharing Plan & Trust grew sharply - up 29.6% during 2023, from $15M to $19M. Reported net income was $4M.
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 Hrm Enterprises, Inc. 401(k) Plan in OH ($19M, 633 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 Schoeneck Containers, Inc. 401(k) Plan in WI (214 participants, $7M 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 133581762.

Read our methodology - how this data is sourced, computed, and verified.

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