401(k) · DOL Form 5500 · 2022
Durez Corporation 401(k) Plan
Data updated 2026-08-11
- $71M
- Total assets
- 662
- Participants
- 91st
- Percentile by assets
- $106,705
- Avg per participant
Official DOL plan name: Sumitomo Bakelite NA Savings Plan · Sponsored by Durez Corporation · Michigan · Manufacturing
$71M in assets, 662 participants
Durez Corporation's Sumitomo Bakelite NA Savings Plan reported $71M in total assets and 662 participants in its 2022 DOL Form 5500 filing, ranking in the 91st 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.
- 91st percentile by assets (of 139,126 plans)
- #17,711 in Manufacturing (20,602 peers)
Where Sumitomo Bakelite NA Savings Plan sits by assets
Sumitomo Bakelite NA Savings Plan sits in the top 10% of all filed plans by assets, $71M for 662 participants (~$106,705/participant), down 25.3% in 2022.
- $71M
- total plan assets (2022 EOY)
- 662
- covered participants
- 91st
- percentile by assets (of 139,126 plans)
- $106,705
- avg assets per participant
The plan reported a net loss of $24M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Where Sumitomo Bakelite NA Savings Plan sits by total assets
Sumitomo Bakelite NA Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$70,638,970 Top 9% higher than 91% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Sumitomo Bakelite NA Savings Plan vs the 2022 asset distribution
By assets, Sumitomo Bakelite NA Savings Plan outranks 91% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.7x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $95M |
|---|---|
| Net Assets (End of Year) | $71M |
| Net Income | -$24M |
| Employer EIN | 522004847 |
| Plan Effective Date | 2001-02-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Durez Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 662 | $71M |
| 2023 | 1 | 686 | $80M |
| 2024 | 1 | 664 | $91M |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Sumitomo Bakelite NA Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
- General Motors Retirement Savings Plan for Salaried Employees in the United States $18.1B · 43,382
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $13.8B · 32,974
- The Dow Chemical Company Employees' Savings Plan $9.3B · 16,930
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $7.5B · 40,458
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $6.4B · 57,811
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Sumitomo Bakelite NA Savings Plan by total assets, not by location.
Frequently Asked Questions
How did Sumitomo Bakelite NA Savings Plan assets move in 2022? ▼
How have Durez Corporation plan assets changed over time? ▼
Where does Sumitomo Bakelite NA Savings Plan rank by assets among Form 5500 filers? ▼
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Next read for Sumitomo Bakelite NA Savings Plan
Scale reading
Ways to act on Sumitomo Bakelite NA Savings Plan's numbers.
- By total assets, Sumitomo Bakelite NA Savings Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Michigan. Compare plans
- Durez Corporation's sponsor-wide assets have grown 29.2% since 2022 across 3 plan years on file. More Manufacturing plans