401(k) · DOL Form 5500 · 2022

Sumitomo Mitsui Banking Corporation, Americas Division 401(k) Plan

Data updated 2026-08-25

$473M
Total assets Above avg plan size
2,975
Participants Above avg headcount
98th
Percentile by assets National rank
$159,031
Avg per participant Above avg balance/head
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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.

  • #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.

#8,889
in Finance & Insurance (9,261 peers)
-7.8%
assets change YoY
4.7×
vs typical plan assets (national mean)

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.

Sumitomo Mitsui Banking Corporation 401(k) Plan's outsized position by total assets

Sumitomo Mitsui Banking Corporation 401(k) Plan vs every filed plan by assets

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

$473,116,384 Top 2% higher than 98% 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 Mitsui Banking Corporation 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sumitomo Mitsui Banking Corporation 401(k) Plan lands in the large band (2,975 participants).

Published 5500 schedule card

Filing strip 135611820 · Sumitomo Mitsui Banking Corporation, Americas Division PY 2022 · 401(k)

Sumitomo Mitsui Banking Corporation 401(k) Plan · $473M · 2,975 · 98th

  • EBSA $473M
  • EBSA 2,975
  • EBSA 98th
  • EBSA 401(k)
  • EBSA near Ieee, Inc. Savings and Investment Plan
  • EBSA ind #8889

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 Finance & Insurance retirement plans → · Plans in New York →

Sumitomo Mitsui Banking Corporation 401(k) Plan in the asset neighbourhood

Vinson & Elkins L. L. P. Retirement Plan aVinson & Elkins L. L. P. Ret…$474MSumitomo Mitsui Banking Corporation 401(k) PlanSumitomo Mitsui Banking Corp…$473MIeee, Inc. Savings and Investment PlanIeee, Inc. Savings and Inves…$473MSchreiber Foods, Inc. 401(k) Retirement Savings PlanSchreiber Foods, Inc. 401(k)…$473MWestern Washington U.a. Supplemental Pension PlanWestern Washington U.a. Supp…$472M
End-of-year total assets ($M) among Sumitomo Mitsui Banking Corporation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

New York filing particulars

Total Assets (Beginning of Year)$513M
Net Assets (End of Year)$473M
Net Income-$40M
Employer EIN135611820
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sumitomo Mitsui Banking Corporation, Americas Division)

Sponsor-wide plan assets over time

All Sumitomo Mitsui Banking Corporation, Americas Division plans reported in each filing year

Latest sponsor-wide plan assets
$1.1B 54.68554403802152% vs 2022
2024 filing year
$0.6B$0.8B$1B$1.2B 202220232024 $0.72B $1.11B ▲ +54.2%
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 Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Sumitomo Mitsui Banking Corporation 401(k) Plan, Total assets ($B): 0.473116384 · Participants: 2975Sumitomo Mitsui Banking Corporation 401(k) PlanIBM 401 (K) Plus Plan, Total assets ($B): 53.363875208 · Participants: 56376IBM 401 (K) Plus PlanMorgan Stanley 401(k) Plan, Total assets ($B): 16.415517176 · Participants: 42924Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 12.067222 · Participants: 129846The Pepsico Savings PlanDeloitte 401(k) Plan, Total assets ($B): 10.966899716 · Participants: 74687Deloitte 401(k) PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 9.681988279 · Participants: 22650The Goldman Sachs 401(k) Plan
Sumitomo Mitsui Banking Corporation 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Sumitomo Mitsui Banking Corporation 401(k) Plan side-by-side with 3 peers →

Sumitomo Mitsui Banking Corporation 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Ieee, Inc. Savings and Investment Plan in NJ ($473M); by covered participants it is Covanta Energy Savings Plan in NJ (2,976 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,975 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 Mitsui Banking Corporation 401(k) Plan assets move in 2022? ▼
Sumitomo Mitsui Banking Corporation 401(k) Plan pulled back noticeably - down 7.8% during 2022, from $513M to $473M. Reported net income was -$40M.
How have Sumitomo Mitsui Banking Corporation, Americas Division plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sumitomo Mitsui Banking Corporation, Americas Division's sponsor-wide assets grew 54.7%, from $715M to $1.1B.
Where does Sumitomo Mitsui Banking Corporation 401(k) Plan rank by assets among Form 5500 filers? ▼
Sumitomo Mitsui Banking Corporation 401(k) Plan ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Sumitomo Mitsui Banking Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Ieee, Inc. Savings and Investment Plan in NJ ($473M, 1,131 participants).
Which 401(k) plans cover a similar participant headcount to Sumitomo Mitsui Banking Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Covanta Energy Savings Plan in NJ (2,976 participants, $754M 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 135611820.

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.