Defined Benefit (Pension) · DOL Form 5500 · 2022

Sumitomo Machinery Corporation of America Pension Plan

Data updated 2026-08-25

$54M
Total assets Below avg plan size
396
Participants Below avg headcount
89th
Percentile by assets National rank
$135,246
Avg per participant Near avg balance/head
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Official DOL plan name: Sumitomo Machinery Corporation of America Pension Plan · Sponsored by Sumitomo Machinery Corporation of America · Virginia · Manufacturing

$54M in assets, 396 participants

Sumitomo Machinery Corporation of America's Sumitomo Machinery Corporation of America Pension Plan reported $54M in total assets and 396 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.

  • #17,110 in Manufacturing (20,602 peers)

Where Sumitomo Machinery Corporation of America Pension Plan sits by assets

Sumitomo Machinery Corporation of America Pension Plan sits in the top quartile of all filed plans by assets, $54M for 396 participants (~$135,246/participant), down 8.1% in 2022.

#17,110
in Manufacturing (20,602 peers)
-8.1%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Sumitomo Machinery Corporation of America Pension Plan's outsized position by total assets

Sumitomo Machinery Corporation of America Pension Plan vs every filed plan by assets

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

$53,557,523 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 Pension 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 Pension Plan sits mid-pack in the medium band (396 participants).

Plan-year Form 5500 strip

Filing strip 221815055 · Sumitomo Machinery Corporation of America PY 2022 · Defined Benefit (Pension)

Sumitomo Machinery Corporation of America Pension Plan · $54M · 396 · 89th

  • BOY $54M
  • SCH 396
  • EBSA 89th
  • PART Defined Benefit (Pension)
  • TYPE near The Okonite Company Hourly Employees Pension Plan
  • NET ind #17110

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 Pension Plan in the asset neighbourhood

The Okonite Company Hourly Employees Pension PlanThe Okonite Company Hourly E…$54MPension Plan B of the American College of Physicians, Inc.Pension Plan B of the Americ…$54MSumitomo Machinery Corporation of America Pension PlanSumitomo Machinery Corporati…$54MKollsman, Inc. Defined Benefit Retirement PlanKollsman, Inc. Defined Benef…$54MKuehne & Nagel Pension Plan$54M
End-of-year total assets ($M) among Sumitomo Machinery Corporation of America Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$58M
Net Assets (End of Year)$54M
Net Income-$5M
Employer EIN221815055
Plan Effective Date1974-04-01
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 Defined Benefit (Pension) Plans in Virginia

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Sumitomo Machinery Corporation of America Pension Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Sumitomo Machinery Corporation of America Pension Plan, Total assets ($B): 0.053557523 · Participants: 396Sumitomo Machinery Corporation of America Pension PlanNorthrop Grumman Pension Plan, Total assets ($B): 18.331391337 · Participants: 14867Northrop Grumman Pension PlanRetirement Security Plan, Total assets ($B): 9.385168374 · Participants: 54531Retirement Security PlanNg Space&mission Systems Corp Salaried Pension Pla, Total assets ($B): 8.061267673 · Participants: 7799Ng Space&mission Systems Corp Salaried Pension PlaDominion Energy Pension Plan, Total assets ($B): 7.265847838 · Participants: 12832Dominion Energy Pension PlanSheet Metal Workers' National Pension Fund, Total assets ($B): 7.155241333 · Participants: 61068Sheet Metal Workers' National Pension Fund
Sumitomo Machinery Corporation of America Pension Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants
Compare Sumitomo Machinery Corporation of America Pension Plan side-by-side with 3 peers →

Sumitomo Machinery Corporation of America Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Virginia, the nearest Defined Benefit (Pension) by assets is The Okonite Company Hourly Employees Pension Plan in NJ ($54M); by covered participants it is The Scripps Research Institute Cash Balance Retirement Plan in CA (396 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (396 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 Pension Plan assets move in 2022? ▼
Sumitomo Machinery Corporation of America Pension Plan pulled back noticeably - down 8.1% during 2022, from $58M to $54M. Reported net income was -$5M.
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 Pension Plan rank by assets among Form 5500 filers? ▼
Sumitomo Machinery Corporation of America Pension 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 Defined Benefit (Pension) plans are similar in size to Sumitomo Machinery Corporation of America Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Okonite Company Hourly Employees Pension Plan in NJ ($54M, 483 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sumitomo Machinery Corporation of America Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is The Scripps Research Institute Cash Balance Retirement Plan in CA (396 participants, $65M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 221815055.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.