Profit Sharing
2023 plan-year Profit Sharing DOL Form 5500

Smartthings 401(k) Plan

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

Sponsored by Smartthings, Inc. ยท California ยท Professional & Technical Services

What the 2023 filing shows

Smartthings 401(k) Plan holds $35M for 241 participants - about $144,744 per participant, up 41.2% over the 2023 plan year.

$35M
total plan assets (2023 EOY)
241
covered participants
$144,744
avg assets per participant
+41.2%
assets growth YoY
Total Assets (2023)
$35M
Participants
241
State
Industry
Professional & Technical Services

What the Filing Says About Smartthings 401(k) Plan

Smartthings 401(k) Plan is a Profit Sharing retirement plan sponsored by Smartthings, Inc., headquartered in California. As of the 2023 Form 5500 filing, the plan reports $35M in total end-of-year assets and covers 241 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 455180832, and the plan has been effective since 2013-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $25M at the beginning of 2023 to $35M at year-end โ€” a gain of 41.2%. Net assets (after liabilities) closed the year at $35M, with reported net income of $10M 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)$25M
Total Assets (End of Year)$35M
Net Assets (End of Year)$35M
Net Income$10M
Plan TypeProfit Sharing
Employer EIN455180832
Plan Effective Date2013-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Smartthings, Inc.)

Year Plans Participants Total Assets
2022 1 220 $25M
2023 1 241 $35M
2024 1 239 $44M

Nearby Profit Sharing Plans in California

Peer Profit Sharing plans โ€” same state, same plan type โ€” ranked by total assets.

Frequently Asked Questions

How much money is in the Smartthings 401(k) Plan?
As of the 2023 Form 5500 filing, Smartthings 401(k) Plan holds $35M in total assets with 241 participants. It is sponsored by Smartthings, Inc..
What type of plan is Smartthings 401(k) Plan?
Smartthings 401(k) Plan is a Profit Sharing plan. It has been effective since 2013-01-01. The plan is filed with the U.S. Department of Labor under EIN 455180832.
Who sponsors the Smartthings 401(k) Plan?
Smartthings 401(k) Plan is sponsored by Smartthings, Inc., located in California. The sponsor's EIN is 455180832 and the plan operates in the Professional & Technical Services industry.
How did Smartthings 401(k) Plan perform in 2023?
Smartthings 401(k) Plan grew by 41.2% during 2023, moving from $25M to $35M in total assets. Net income was $10M.
Where can I find official filings for Smartthings 401(k) Plan?
Official Form 5500 filings for Smartthings 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 455180832 or plan name at efast.dol.gov.
How does Smartthings 401(k) Plan compare to other plans?
You can compare Smartthings 401(k) Plan against other Profit Sharing plans on the plan type page, or view plans in California 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 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) โ€” original filing retrieval by EIN 455180832.

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.