401(k) · DOL Form 5500 · 2024

Shinhan Bank America 401(k) Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets
335
Participants Below avg headcount
73rd
Percentile by assets National rank
$67,728
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Shinhan Bank America 401(k) Profit Sharing Plan & Trust · Sponsored by Shinhan Bank America · New York · Finance & Insurance

$23M in assets, 335 participants

Shinhan Bank America's Shinhan Bank America 401(k) Profit Sharing Plan & Trust reported $23M in total assets and 335 participants in its 2024 DOL Form 5500 filing, ranking in the 73rd 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.

  • #4,982 in Finance & Insurance (8,549 peers)

Coverage in New York

Shinhan Bank America 401(k) Profit Sharing Plan & Trust covers 335 participants in New York, about 42% of the average New York filer (state average ~798 per filing). Assets: $23M.

#4,982
in Finance & Insurance (8,549 peers)
+19.0%
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 2024 · DOL Form 5500

$22,688,814 Top 27% higher than 73% of 123,620 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 2024

Shinhan Bank America 401(k) Profit Sharing Plan & Trust among mid-size filed plans by headcount

Plan-year 2024 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 (335 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Shinhan Bank America 401(k) Profit Sharing Plan & Trust reported participants rose from 214 in the plan year 2023 filing to 335 in the plan year 2024 filing.
  • Shinhan Bank America 401(k) Profit Sharing Plan & Trust end-of-year assets rose from $19M in the plan year 2023 filing to $23M in the plan year 2024 filing.
  • Shinhan Bank America 401(k) Profit Sharing Plan & Trust reported net income fell from $4M in the plan year 2023 filing to $4M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 133581762 · Shinhan Bank America PY 2024 · 401(k)

Shinhan Bank America 401(k) Profit Sharing Plan & Trust · $23M · 335 · 73rd

  • RANK $23M
  • PHOTO 335
  • IND 73rd
  • EOY 401(k)
  • 5500 near Williamson Cadillac Employees' Retirement Plan and Trust
  • ASSETS ind #4982

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) …$23MWilliamson Cadillac Employees' Retirement Plan and TrustWilliamson Cadillac Employee…$23MGa Telesis, LLC Profit Sharing PlanGa Telesis, LLC Profit Shari…$23MAgape Plastics 401(k) Plan$23MPrimark US 401(k) Plan$23M
End-of-year total assets ($M) among Shinhan Bank America 401(k) Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$23M
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): 0.022688814 · Participants: 335Shinhan Bank America 401(k) Profit Sharing Plan & TrustIBM 401(k) Plan, Total assets ($B): 60.39355615 · Participants: 52674IBM 401(k) PlanMorgan Stanley 401(k) Plan, Total assets ($B): 22.180692974 · Participants: 53860Morgan Stanley 401(k) PlanPfizer Savings Plan, Total assets ($B): 21.9871528 · Participants: 33309Pfizer Savings PlanThe Pepsico Savings Plan, Total assets ($B): 14.9369507 · Participants: 137398The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 12.807939404 · Participants: 23227The 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

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 Williamson Cadillac Employees' Retirement Plan and Trust in FL ($23M); by covered participants it is Enstar (US) Inc. 401(k) Plan in FL (335 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($23M here).

Similar participant headcount

Nearest other-state filings by covered participants (335 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024?
Shinhan Bank America 401(k) Profit Sharing Plan & Trust grew sharply - up 19.0% during 2024, from $19M to $23M. 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 Williamson Cadillac Employees' Retirement Plan and Trust in FL ($23M, 292 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 Enstar (US) Inc. 401(k) Plan in FL (335 participants, $134M in assets).