401(k) · DOL Form 5500 · 2022

Sumitomo Machinery Corporation of America 401(k) Plan

Data updated 2026-08-25

$55M
Total assets Below avg plan size
454
Participants Below avg headcount
89th
Percentile by assets National rank
$121,711
Avg per participant Near avg balance/head
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Official DOL plan name: Sumitomo Machinery Corporation of America Savings and Investment Plan · Sponsored by Sumitomo Machinery Corporation of America · Virginia · Manufacturing

$55M in assets, 454 participants

Sumitomo Machinery Corporation of America's Sumitomo Machinery Corporation of America Savings and Investment Plan reported $55M in total assets and 454 participants in its 2022 DOL Form 5500 filing, ranking in the 89th 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.

  • #17,194 in Manufacturing (20,602 peers)

Where Sumitomo Machinery Corporation of America Savings and Investment Plan sits by assets

Sumitomo Machinery Corporation of America Savings and Investment Plan sits in the top quartile of all filed plans by assets, $55M for 454 participants (~$121,711/participant), down 11.3% in 2022.

#17,194
in Manufacturing (20,602 peers)
-11.3%
assets change YoY
0.6×
vs typical plan assets (national mean)

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Sumitomo Machinery Corporation of America Savings and Investment Plan's outsized position by total assets

Sumitomo Machinery Corporation of America Savings and Investment Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$55,256,734 Top 11% higher than 89% of 139,123 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 2022

Sumitomo Machinery Corporation of America Savings and Investment Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sumitomo Machinery Corporation of America Savings and Investment Plan sits mid-pack in the medium band (454 participants).

Published 5500 schedule card

Filing strip 221815055 · Sumitomo Machinery Corporation of America PY 2022 · 401(k)

Sumitomo Machinery Corporation of America Savings and Investment Plan · $55M · 454 · 89th

  • EBSA $55M
  • PART 454
  • TYPE 89th
  • NET 401(k)
  • BOOK near Oncology-Hematology Associates of Central Illinois P.C. 401(k) Profit Sharing Plan
  • VS-ST ind #17194

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 Manufacturing retirement plans → · Plans in Virginia →

Sumitomo Machinery Corporation of America Savings and Investment Plan in the asset neighbourhood

Sumitomo Machinery Corporation of America Savings and Investment PlanSumitomo Machinery Corporati…$55MOncology-Hematology Associates of Central Illinois P.C. 401(k) Profit Sharing PlanOncology-Hematology Associat…$55MThe 401(k) Plan$55MLeo Pharma Inc. 401(k) Plan$55MRoa 401(k) Plan$55M
End-of-year total assets ($M) among Sumitomo Machinery Corporation of America Savings and Investment Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$62M
Net Assets (End of Year)$55M
Net Income-$7M
Employer EIN221815055
Plan Effective Date1979-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sumitomo Machinery Corporation of America)

Sponsor-wide plan assets over time

All Sumitomo Machinery Corporation of America plans reported in each filing year

Latest sponsor-wide plan assets
$126M 15.839184565676904% vs 2022
2024 filing year
$100M$110M$120M$130M 202220232024 $109M $126M ▲ +15.8%
Year Plans Participants Total Assets
2022 2 850 $109M
2023 2 852 $119M
2024 2 832 $126M

Nearby 401(k) Plans in Virginia

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

Sumitomo Machinery Corporation of America Savings and Investment Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -10010203040 Total assets ($B) Participants Sumitomo Machinery Corporation of America Savings and Investment Plan, Total assets ($B): 0.055256734 · Participants: 454Sumitomo Machinery Corporation of America Savings and Investment PlanNorthrop Grumman Savings Plan, Total assets ($B): 32.567331218 · Participants: 92420Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 12.972737361 · Participants: 61481401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 9.624791923 · Participants: 36822General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 8.665678993 · Participants: 26125Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 8.232987243 · Participants: 31556Bae Systems Employees' Savings and Investment Plan
Sumitomo Machinery Corporation of America Savings and Investment Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Sumitomo Machinery Corporation of America Savings and Investment Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Oncology-Hematology Associates of Central Illinois P.C. 401(k) Profit Sharing Plan in IL ($55M); by covered participants it is Shoney's of Knoxville, Inc. Employee Stock Ownership Plan in TN (454 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($55M here).

Similar participant headcount

Nearest other-state filings by covered participants (454 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Sumitomo Machinery Corporation of America Savings and Investment Plan assets move in 2022?
Sumitomo Machinery Corporation of America Savings and Investment Plan pulled back noticeably - down 11.3% during 2022, from $62M to $55M. Reported net income was -$7M.
How have Sumitomo Machinery Corporation of America plan assets changed over time?
Across 3 plan years on file (2022-2024), Sumitomo Machinery Corporation of America's sponsor-wide assets grew 15.8%, from $109M to $126M.
Where does Sumitomo Machinery Corporation of America Savings and Investment Plan rank by assets among Form 5500 filers?
Sumitomo Machinery Corporation of America Savings and Investment Plan ranks in the 89th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Sumitomo Machinery Corporation of America Savings and Investment Plan?
Among 401(k) plans in other states, the closest by assets is Oncology-Hematology Associates of Central Illinois P.C. 401(k) Profit Sharing Plan in IL ($55M, 473 participants).
Which 401(k) plans cover a similar participant headcount to Sumitomo Machinery Corporation of America Savings and Investment Plan?
Among 401(k) plans in other states, the closest by covered participants is Shoney's of Knoxville, Inc. Employee Stock Ownership Plan in TN (454 participants, $6M in assets).