401(k) · DOL Form 5500 · 2022

Durez Corporation 401(k) Plan

Data updated 2026-08-25

$71M
Total assets Below avg plan size
662
Participants Below avg headcount
91st
Percentile by assets National rank
$106,705
Avg per participant Below avg balance/head
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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.

  • #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.

#17,711
in Manufacturing (20,602 peers)
-25.3%
assets change YoY
0.7×
vs typical plan assets (national mean)

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.

Sumitomo Bakelite NA Savings Plan's outsized position 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

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 Bakelite NA Savings Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sumitomo Bakelite NA Savings Plan sits mid-pack in the medium band (662 participants).

Published 5500 schedule card

Filing strip 522004847 · Durez Corporation PY 2022 · 401(k)

Sumitomo Bakelite NA Savings Plan · $71M · 662 · 91st

  • PCT $71M
  • PCT 662
  • PCT 91st
  • PCT 401(k)
  • PCT near Kulite Semiconductor Products, Inc. Employees' Profit Sharing and Salary Reduction Plan
  • PCT ind #17711

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 Manufacturing retirement plans → · Plans in Michigan →

Sumitomo Bakelite NA Savings Plan in the asset neighbourhood

Northern Nevada Emergency Physicians 401(k) Profit Sharing PlanNorthern Nevada Emergency Ph…$71MPbfs Retirement Plan$71MSumitomo Bakelite NA Savings PlanSumitomo Bakelite NA Savings…$71MKulite Semiconductor Products, Inc. Employees' Profit Sharing and Salary Reduction PlanKulite Semiconductor Product…$71MGusto 401(k) Plan$71M
End-of-year total assets ($M) among Sumitomo Bakelite NA Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$95M
Net Assets (End of Year)$71M
Net Income-$24M
Employer EIN522004847
Plan Effective Date2001-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Durez Corporation)

Sponsor-wide plan assets over time

All Durez Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$91M 29.17426174249143% vs 2022
2024 filing year
$60M$70M$80M$90M$100M 202220232024 $70.6M $91.3M ▲ +29.2%
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 Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Sumitomo Bakelite NA Savings Plan, Total assets ($B): 0.07063897 · Participants: 662Sumitomo Bakelite NA Savings PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 18.071817726 · Participants: 43382General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 13.833597622 · Participants: 32974Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 9.307640951 · Participants: 16930The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 7.545889119 · Participants: 40458The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 6.44558193 · Participants: 57811Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Sumitomo Bakelite NA Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Sumitomo Bakelite NA Savings Plan side-by-side with 3 peers →

Sumitomo Bakelite NA Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Kulite Semiconductor Products, Inc. Employees' Profit Sharing and Salary Reduction Plan in NJ ($71M); by covered participants it is Mississippi Management, Inc. 401(k) Retirement and Savings Plan in MS (662 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (662 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 Bakelite NA Savings Plan assets move in 2022? ▼
Sumitomo Bakelite NA Savings Plan declined sharply - down 25.3% during 2022, from $95M to $71M. Reported net income was -$24M.
How have Durez Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Durez Corporation's sponsor-wide assets grew 29.2%, from $71M to $91M.
Where does Sumitomo Bakelite NA Savings Plan rank by assets among Form 5500 filers? ▼
Sumitomo Bakelite NA Savings Plan ranks in the 91st percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Sumitomo Bakelite NA Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Kulite Semiconductor Products, Inc. Employees' Profit Sharing and Salary Reduction Plan in NJ ($71M, 706 participants).
Which 401(k) plans cover a similar participant headcount to Sumitomo Bakelite NA Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Mississippi Management, Inc. 401(k) Retirement and Savings Plan in MS (662 participants, $6M 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 522004847.

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.