401(k) · DOL Form 5500 · 2023

Samsung Electronics America, Inc. 401(k) Plan

Data updated 2026-08-06

$2.6B
Total assets
13,555
Participants
99th
Percentile by assets
$191,551
Avg per participant
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Official DOL plan name: Samsung 401(k) Plan · Sponsored by Samsung Electronics America, Inc. · New Jersey · Manufacturing

$2.6B in assets, 13,555 participants

Samsung Electronics America, Inc.'s Samsung 401(k) Plan reported $2.6B in total assets and 13,555 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 126,618 plans)
  • #18,485 in Manufacturing (18,672 peers)

Coverage in New Jersey

Samsung 401(k) Plan covers 13,555 participants in New Jersey, 16x the typical New Jersey plan (state average ~865 per filing). Assets: $2.6B.

$2.6B
total plan assets (2023 EOY)
13,555
covered participants
99th
percentile by assets (of 126,618 plans)
$191,551
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Samsung 401(k) Plan reported net income rose from -$350M in the plan year 2022 filing to $564M in the plan year 2023 filing.
  • Samsung 401(k) Plan reported participants rose from 8,086 in the plan year 2022 filing to 13,555 in the plan year 2023 filing.
  • Samsung 401(k) Plan end-of-year assets rose from $2.0B in the plan year 2022 filing to $2.6B in the plan year 2023 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs New Jersey filers

In New Jersey, the average filing covers about 865 participants across 3,927 plans. Samsung 401(k) Plan reports 13,555 participants - 16x that state average ($2.6B EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)$2.0B
Net Assets (End of Year)$2.6B
Net Income$564M
Employer EIN132951153
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Samsung Electronics America, Inc.)

$1.5B$2B$2.5B$3B$3.5B 202220232024 $2.03B $3.12B ▲ +53.7%
Total plan assets by year, all Samsung Electronics America, Inc. plans on file
Year Plans Participants Total Assets
2022 1 8,086 $2.0B
2023 1 13,555 $2.6B
2024 1 14,598 $3.1B

Nearby 401(k) Plans in New Jersey

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

Samsung 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Samsung 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000 01020304050 Total assets ($B) Participants Samsung 401(k) PlanJPMorgan Chase 401(k…Verizon Savings Plan…Johnson and Johnson …Ernst & Young Retire…Merck US Savings Plan
Samsung 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Scale composition for Samsung 401(k) Plan

Samsung 401(k) Plan reports $2.6B in end-of-year assets across 13,555 participants (0.022% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.015% of 89,805,449 covered participants) - about $191,551 per participant (1.4x the national average assets-per-participant) . Net income for plan year 2023 was $564M.

This plan identity (EIN 132951153, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.0B to $3.1B (+53.6%) while covered participants moved from 8,086 to 14,598 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 8,086 $2.0B Open filing
2023 13,555 $2.6B This page
2024 · index core 14,598 $3.1B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Samsung 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Samsung 401(k) Plan assets move in 2023?
Samsung 401(k) Plan grew sharply - up 27.8% during 2023, from $2.0B to $2.6B. Reported net income was $564M.
How have Samsung Electronics America, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Samsung Electronics America, Inc.'s sponsor-wide assets grew 53.6%, from $2.0B to $3.1B.
Where does Samsung 401(k) Plan rank by assets among Form 5500 filers?
Samsung 401(k) Plan ranks in the 99th percentile by end-of-year assets among 126,618 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Samsung 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Fedex Corporation Retirement Savings Plan II in TN ($2.6B, 99,296 participants).

Filing takeaways

Ways to act on Samsung 401(k) Plan's numbers.