401(k) · DOL Form 5500 · 2022
Sumitomo Mitsui Banking Corporation, Americas Division 401(k) Plan
Data updated 2026-08-11
- $473M
- Total assets
- 2,975
- Participants
- 98th
- Percentile by assets
- $159,031
- Avg per participant
Official DOL plan name: Sumitomo Mitsui Banking Corporation 401(k) Plan · Sponsored by Sumitomo Mitsui Banking Corporation, Americas Division · New York · Finance & Insurance
$473M in assets, 2,975 participants
Sumitomo Mitsui Banking Corporation, Americas Division's Sumitomo Mitsui Banking Corporation 401(k) Plan reported $473M in total assets and 2,975 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.
- 98th percentile by assets (of 139,126 plans)
- #8,889 in Finance & Insurance (9,261 peers)
Coverage in New York
Sumitomo Mitsui Banking Corporation 401(k) Plan covers 2,975 participants in New York, 3.7x the typical New York plan (state average ~798 per filing). Assets: $473M.
- $473M
- total plan assets (2022 EOY)
- 2,975
- covered participants
- 98th
- percentile by assets (of 139,126 plans)
- $159,031
- avg assets per participant
The plan reported a net loss of $40M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs New York filers
In New York, the average filing covers about 798 participants across 9,061 plans. Sumitomo Mitsui Banking Corporation 401(k) Plan reports 2,975 participants - 3.7x that state average ($473M EOY assets).
New York filing particulars
| Total Assets (Beginning of Year) | $513M |
|---|---|
| Net Assets (End of Year) | $473M |
| Net Income | -$40M |
| Employer EIN | 135611820 |
| Plan Effective Date | 1991-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Sumitomo Mitsui Banking Corporation, Americas Division)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 5,480 | $715M |
| 2023 | 2 | 6,815 | $901M |
| 2024 | 2 | 7,891 | $1.1B |
Nearby 401(k) Plans in New York
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Sumitomo Mitsui Banking Corporation 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants
- IBM 401 (K) Plus Plan $53.4B · 56,376
- Morgan Stanley 401(k) Plan $16.4B · 42,924
- The Pepsico Savings Plan $12.1B · 129,846
- Deloitte 401(k) Plan $11.0B · 74,687
- The Goldman Sachs 401(k) Plan $9.7B · 22,650
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Sumitomo Mitsui Banking Corporation 401(k) Plan by total assets, not by location.
- Ieee, Inc. Savings and Investment Plan (NJ) $473M · 1,131
- Schreiber Foods, Inc. 401(k) Retirement Savings Plan (WI) $473M · 6,029
- Western Washington U.a. Supplemental Pension Plan (WA) $472M · 5,114
- Vinson & Elkins L. L. P. Retirement Plan a (TX) $474M · 769
Frequently Asked Questions
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How have Sumitomo Mitsui Banking Corporation, Americas Division plan assets changed over time? ▼
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Filing takeaways
Ways to act on Sumitomo Mitsui Banking Corporation 401(k) Plan's numbers.
- By total assets, Sumitomo Mitsui Banking Corporation 401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in New York. Compare plans
- Sumitomo Mitsui Banking Corporation, Americas Division's sponsor-wide assets have grown 54.7% since 2022 across 3 plan years on file. More Finance & Insurance plans