Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Sun Chemical 401 (K) Savings Plan

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

Sponsored by Sun Chemical Corporation · New Jersey · Manufacturing

What the 2023 filing shows

Sun Chemical 401 (K) Savings Plan holds $361M for 1,975 participants — about $182,694 per participant, down 19.9% over the 2022 plan year.

$361M
total plan assets (2022 EOY)
1,975
covered participants
$182,694
avg assets per participant
-19.9%
assets change YoY

The plan reported a net loss of $90M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$361M
Participants
1,975
State
Industry
Manufacturing

What the Filing Says About Sun Chemical 401 (K) Savings Plan

Sun Chemical 401 (K) Savings Plan is a Profit Sharing retirement plan sponsored by Sun Chemical Corporation, headquartered in New Jersey. As of the 2022 Form 5500 filing, the plan reports $361M in total end-of-year assets and covers 1,975 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 222761297, and the plan has been effective since 1989-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $450M at the beginning of 2022 to $361M at year-end — a decline of 19.9%. Net assets (after liabilities) closed the year at $361M, with reported net income of $-89,501,298 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)$450M
Total Assets (End of Year)$361M
Net Assets (End of Year)$361M
Net Income$-89,501,298
Plan TypeProfit Sharing
Employer EIN222761297
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sun Chemical Corporation)

Year Plans Participants Total Assets
2022 4 3,239 $723M
2023 4 3,046 $768M
2024 4 2,959 $831M

Nearby Profit Sharing Plans in New Jersey

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Frequently Asked Questions

How much money is in the Sun Chemical 401 (K) Savings Plan?
As of the 2022 Form 5500 filing, Sun Chemical 401 (K) Savings Plan holds $361M in total assets with 1,975 participants. It is sponsored by Sun Chemical Corporation.
What type of plan is Sun Chemical 401 (K) Savings Plan?
Sun Chemical 401 (K) Savings Plan is a Profit Sharing plan. It has been effective since 1989-01-01. The plan is filed with the U.S. Department of Labor under EIN 222761297.
Who sponsors the Sun Chemical 401 (K) Savings Plan?
Sun Chemical 401 (K) Savings Plan is sponsored by Sun Chemical Corporation, located in New Jersey. The sponsor's EIN is 222761297 and the plan operates in the Manufacturing industry.
How did Sun Chemical 401 (K) Savings Plan perform in 2022?
Sun Chemical 401 (K) Savings Plan declined by 19.9% during 2022, moving from $450M to $361M in total assets. Net income was $-89,501,298.
Where can I find official filings for Sun Chemical 401 (K) Savings Plan?
Official Form 5500 filings for Sun Chemical 401 (K) Savings Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 222761297 or plan name at efast.dol.gov.
How does Sun Chemical 401 (K) Savings Plan compare to other plans?
You can compare Sun Chemical 401 (K) Savings Plan against other Profit Sharing plans on the plan type page, or view plans in New Jersey 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 222761297.

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.