401(k)
2022 plan-year 401(k) DOL Form 5500

Sumitomo Rubber USA, LLC Employee Savings Plan for Bargaining Unit Employees

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Sumitomo Rubber USA, LLC · New York · Manufacturing

What the 2023 filing shows

Sumitomo Rubber USA, LLC Employee Savings Plan for Bargaining Unit Employees holds $106M for 1,056 participants — about $100,810 per participant, down 17.3% over the 2022 plan year.

$106M
total plan assets (2022 EOY)
1,056
covered participants
$100,810
avg assets per participant
-17.3%
assets change YoY

The plan reported a net loss of $22M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$106M
Participants
1,056
State
Industry
Manufacturing

What the Filing Says About Sumitomo Rubber USA, LLC Employee Savings Plan for Bargaining Unit Employees

Sumitomo Rubber USA, LLC Employee Savings Plan for Bargaining Unit Employees is a 401(k) retirement plan sponsored by Sumitomo Rubber USA, LLC, headquartered in New York. As of the 2022 Form 5500 filing, the plan reports $106M in total end-of-year assets and covers 1,056 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 341899137, and the plan has been effective since 2003-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $129M at the beginning of 2022 to $106M at year-end — a decline of 17.3%. Net assets (after liabilities) closed the year at $106M, with reported net income of $-22,147,339 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$129M
Total Assets (End of Year)$106M
Net Assets (End of Year)$106M
Net Income$-22,147,339
Plan Type401(k)
Employer EIN341899137
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sumitomo Rubber USA, LLC)

Year Plans Participants Total Assets
2022 5 1,867 $511M
2023 5 1,809 $535M
2024 5 1,907 $538M

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Frequently Asked Questions

How much money is in the Sumitomo Rubber USA, LLC Employee Savings Plan for Bargaining Unit Employees?
As of the 2022 Form 5500 filing, Sumitomo Rubber USA, LLC Employee Savings Plan for Bargaining Unit Employees holds $106M in total assets with 1,056 participants. It is sponsored by Sumitomo Rubber USA, LLC.
What type of plan is Sumitomo Rubber USA, LLC Employee Savings Plan for Bargaining Unit Employees?
Sumitomo Rubber USA, LLC Employee Savings Plan for Bargaining Unit Employees is a 401(k) plan. It has been effective since 2003-01-01. The plan is filed with the U.S. Department of Labor under EIN 341899137.
Who sponsors the Sumitomo Rubber USA, LLC Employee Savings Plan for Bargaining Unit Employees?
Sumitomo Rubber USA, LLC Employee Savings Plan for Bargaining Unit Employees is sponsored by Sumitomo Rubber USA, LLC, located in New York. The sponsor's EIN is 341899137 and the plan operates in the Manufacturing industry.
How did Sumitomo Rubber USA, LLC Employee Savings Plan for Bargaining Unit Employees perform in 2022?
Sumitomo Rubber USA, LLC Employee Savings Plan for Bargaining Unit Employees declined by 17.3% during 2022, moving from $129M to $106M in total assets. Net income was $-22,147,339.
Where can I find official filings for Sumitomo Rubber USA, LLC Employee Savings Plan for Bargaining Unit Employees?
Official Form 5500 filings for Sumitomo Rubber USA, LLC Employee Savings Plan for Bargaining Unit Employees are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 341899137 or plan name at efast.dol.gov.
How does Sumitomo Rubber USA, LLC Employee Savings Plan for Bargaining Unit Employees compare to other plans?
You can compare Sumitomo Rubber USA, LLC Employee Savings Plan for Bargaining Unit Employees against other 401(k) plans on the plan type page, or view plans in New York on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 341899137.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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