Defined Benefit (Pension) · DOL Form 5500 · 2022

Sumitomo Mitsui Banking Corporation Pension Plan

Data updated 2026-08-25

$242M
Total assets Near avg plan size
2,505
Participants Above avg headcount
96th
Percentile by assets National rank
$96,662
Avg per participant Below avg balance/head
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Official DOL plan name: Sumitomo Mitsui Banking Corporation Retirement Plan · Sponsored by Sumitomo Mitsui Banking Corporation · New York · Finance & Insurance

$242M in assets, 2,505 participants

Sumitomo Mitsui Banking Corporation's Sumitomo Mitsui Banking Corporation Retirement Plan reported $242M in total assets and 2,505 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • #8,664 in Finance & Insurance (9,261 peers)

Coverage in New York

Sumitomo Mitsui Banking Corporation Retirement Plan covers 2,505 participants in New York, 3.1x the typical New York plan (state average ~798 per filing). Assets: $242M.

#8,664
in Finance & Insurance (9,261 peers)
-16.8%
assets change YoY
2.4×
vs typical plan assets (national mean)

The plan reported a net loss of $49M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Sumitomo Mitsui Banking Corporation Retirement Plan's outsized position by total assets

Sumitomo Mitsui Banking Corporation Retirement Plan vs every filed plan by assets

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

$242,138,285 Top 4% higher than 96% 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 Retirement 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 Retirement Plan lands in the large band (2,505 participants).

DOL schedule card

Filing strip 135611820 · Sumitomo Mitsui Banking Corporation PY 2022 · Defined Benefit (Pension)

Sumitomo Mitsui Banking Corporation Retirement Plan · $242M · 2,505 · 96th

  • EOY $242M
  • EOY 2,505
  • EOY 96th
  • EOY Defined Benefit (Pension)
  • EOY near Adm Pension Plan for Hourly-Wage Employees
  • EOY ind #8664

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 Retirement Plan in the asset neighbourhood

Cuna Mutual Pension Plan for Represented EmployeesCuna Mutual Pension Plan for…$242MSumitomo Mitsui Banking Corporation Retirement PlanSumitomo Mitsui Banking Corp…$242MAdm Pension Plan for Hourly-Wage EmployeesAdm Pension Plan for Hourly-…$242MSchlage Lock Company LLC Pension PlanSchlage Lock Company LLC Pen…$242MAkin Gump Strauss Hauer & Feld Partners' Retirement PlanAkin Gump Strauss Hauer & Fe…$242M
End-of-year total assets ($M) among Sumitomo Mitsui Banking Corporation Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

New York filing particulars

Total Assets (Beginning of Year)$291M
Net Assets (End of Year)$242M
Net Income-$49M
Employer EIN135611820
Plan Effective Date1979-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sumitomo Mitsui Banking Corporation)

Sponsor-wide plan assets over time

All Sumitomo Mitsui Banking Corporation 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 Defined Benefit (Pension) Plans in New York

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

Sumitomo Mitsui Banking Corporation Retirement Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 -100102030 Total assets ($B) Participants Sumitomo Mitsui Banking Corporation Retirement Plan, Total assets ($B): 0.242138285 · Participants: 2505Sumitomo Mitsui Banking Corporation Retirement PlanIBM Personal Pension Plan, Total assets ($B): 25.511753238 · Participants: 16431IBM Personal Pension PlanConsolidated Edison Retirement Plan, Total assets ($B): 15.815266303 · Participants: 11303Consolidated Edison Retirement PlanPepsico Employees Retirement Plan I, Total assets ($B): 7.656963 · Participants: 11386Pepsico Employees Retirement Plan INew York State Nurses Association Pension Plan, Total assets ($B): 5.019503014 · Participants: 18592New York State Nurses Association Pension PlanNew York District Council of Carpenters Pension Pl, Total assets ($B): 4.837058087 · Participants: 11318New York District Council of Carpenters Pension Pl
Sumitomo Mitsui Banking Corporation Retirement Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare Sumitomo Mitsui Banking Corporation Retirement Plan side-by-side with 3 peers →

Sumitomo Mitsui Banking Corporation Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is Adm Pension Plan for Hourly-Wage Employees in IL ($242M); by covered participants it is Ironworkers National Pension Plan in IL (2,510 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,505 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 Retirement Plan assets move in 2022? ▼
Sumitomo Mitsui Banking Corporation Retirement Plan declined sharply - down 16.8% during 2022, from $291M to $242M. Reported net income was -$49M.
How have Sumitomo Mitsui Banking Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sumitomo Mitsui Banking Corporation's sponsor-wide assets grew 54.7%, from $715M to $1.1B.
Where does Sumitomo Mitsui Banking Corporation Retirement Plan rank by assets among Form 5500 filers? ▼
Sumitomo Mitsui Banking Corporation Retirement Plan ranks in the 96th 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 Defined Benefit (Pension) plans are similar in size to Sumitomo Mitsui Banking Corporation Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Adm Pension Plan for Hourly-Wage Employees in IL ($242M, 8,827 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sumitomo Mitsui Banking Corporation Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Ironworkers National Pension Plan in IL (2,510 participants, $464M 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.