401(k) · DOL Form 5500 · 2022

Suominen US Holding, Inc. 401(k) Plan

Data updated 2026-08-25

$40M
Total assets Below avg plan size
288
Participants Below avg headcount
86th
Percentile by assets National rank
$137,952
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Suominen 401(k) Plan · Sponsored by Suominen US Holding, Inc. · Connecticut · Manufacturing

$40M in assets, 288 participants

Suominen US Holding, Inc.'s Suominen 401(k) Plan reported $40M in total assets and 288 participants in its 2022 DOL Form 5500 filing, ranking in the 86th 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.

  • #16,392 in Manufacturing (20,602 peers)

Coverage in Connecticut

Suominen 401(k) Plan covers 288 participants in Connecticut, about 40% of the average Connecticut filer (state average ~718 per filing). Assets: $40M.

#16,392
in Manufacturing (20,602 peers)
-17.8%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $9M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Suominen 401(k) Plan's outsized position by total assets

Suominen 401(k) Plan vs every filed plan by assets

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

$39,730,058 Top 14% higher than 86% 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

Suominen 401(k) 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. Suominen 401(k) Plan sits mid-pack in the medium band (288 participants).

EBSA filing schedule strip

Filing strip 453291280 · Suominen US Holding, Inc. PY 2022 · 401(k)

Suominen 401(k) Plan · $40M · 288 · 86th

  • SCH $40M
  • SCH 288
  • SCH 86th
  • SCH 401(k)
  • SCH near Wmk LLC 401(k) Profit Sharing Plan & Trust
  • SCH ind #16392

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 Connecticut →

Suominen 401(k) Plan in the asset neighbourhood

Pulmonary Medicine Associates Medical Group, Inc. 401(k) Profit Sharing PlanPulmonary Medicine Associate…$40MSuominen 401(k) Plan$40MWmk LLC 401(k) Profit Sharing Plan & TrustWmk LLC 401(k) Profit Sharin…$40MJk Moving Services & Caprelo Profit Sharing & 401(k) PlanJk Moving Services & Caprelo…$40MCentral Bank Illinois 401(k) Profit Sharing PlanCentral Bank Illinois 401(k)…$40M
End-of-year total assets ($M) among Suominen 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Connecticut filing particulars

Total Assets (Beginning of Year)$48M
Net Assets (End of Year)$40M
Net Income-$9M
Employer EIN453291280
Plan Effective Date2012-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Suominen US Holding, Inc.)

Sponsor-wide plan assets over time

All Suominen US Holding, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$51M 27.68783524051236% vs 2022
2024 filing year
$35M$40M$45M$50M$55M 202220232024 $39.7M $50.7M ▲ +27.7%
Year Plans Participants Total Assets
2022 1 288 $40M
2023 1 289 $46M
2024 1 301 $51M

Nearby 401(k) Plans in Connecticut

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

Suominen 401(k) Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -200204060 Total assets ($B) Participants Suominen 401(k) Plan, Total assets ($B): 0.039730058 · Participants: 288Suominen 401(k) PlanUnited Technologies Corporation Employee Savings Plan, Total assets ($B): 48.916975 · Participants: 55762United Technologies Corporation Employee Savings PlanGE Retirement Savings Plan, Total assets ($B): 24.786830027 · Participants: 57522GE Retirement Savings PlanCiti Retirement Savings Plan, Total assets ($B): 17.438946034 · Participants: 70070Citi Retirement Savings PlanThe Hartford Investment and Savings Plan, Total assets ($B): 5.615003 · Participants: 17724The Hartford Investment and Savings PlanXerox Corporation Savings Plan, Total assets ($B): 3.641347 · Participants: 11876Xerox Corporation Savings Plan
Suominen 401(k) Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants

Suominen 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Connecticut, the nearest 401(k) by assets is Wmk LLC 401(k) Profit Sharing Plan & Trust in OH ($40M); by covered participants it is Echelon Property Group LLC 401(k) Plan in CO (288 participants). Same-state nearby plans are listed separately above.

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 Suominen 401(k) Plan assets move in 2022?
Suominen 401(k) Plan declined sharply - down 17.8% during 2022, from $48M to $40M. Reported net income was -$9M.
How have Suominen US Holding, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Suominen US Holding, Inc.'s sponsor-wide assets grew 27.7%, from $40M to $51M.
Where does Suominen 401(k) Plan rank by assets among Form 5500 filers?
Suominen 401(k) Plan ranks in the 86th 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 Suominen 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Wmk LLC 401(k) Profit Sharing Plan & Trust in OH ($40M, 1,151 participants).
Which 401(k) plans cover a similar participant headcount to Suominen 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Echelon Property Group LLC 401(k) Plan in CO (288 participants, N/A in assets).