401(k) · DOL Form 5500 · 2022
Sumitomo Corporation of Americas 401(k) Plan
Data updated 2026-08-11
- $305M
- Total assets
- 1,804
- Participants
- 97th
- Percentile by assets
- $168,901
- Avg per participant
Official DOL plan name: The Safe Harbor 401(k) Plan · Sponsored by Sumitomo Corporation of Americas · New York · Wholesale Trade
$305M in assets, 1,804 participants
Sumitomo Corporation of Americas's The Safe Harbor 401(k) Plan reported $305M in total assets and 1,804 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.
- 97th percentile by assets (of 139,126 plans)
- #6,702 in Wholesale Trade (6,843 peers)
Coverage in New York
The Safe Harbor 401(k) Plan covers 1,804 participants in New York, 2.3x the typical New York plan (state average ~798 per filing). Assets: $305M.
- $305M
- total plan assets (2022 EOY)
- 1,804
- covered participants
- 97th
- percentile by assets (of 139,126 plans)
- $168,901
- avg assets per participant
The plan reported a net loss of $61M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Where The Safe Harbor 401(k) Plan sits by total assets
The Safe Harbor 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$304,697,270 Top 3% higher than 97% 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
Participants vs New York filers
In New York, the average filing covers about 798 participants across 9,061 plans. The Safe Harbor 401(k) Plan reports 1,804 participants - 2.3x that state average ($305M EOY assets).
New York filing particulars
| Total Assets (Beginning of Year) | $366M |
|---|---|
| Net Assets (End of Year) | $305M |
| Net Income | -$61M |
| Employer EIN | 135612163 |
| Plan Effective Date | 2011-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Sumitomo Corporation of Americas)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 2,345 | $343M |
| 2023 | 2 | 2,519 | $403M |
| 2024 | 2 | 2,694 | $461M |
Nearby 401(k) Plans in New York
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- IBM 401 (K) Plus Plan $53.4B · 56,376
- Morgan Stanley 401(k) Plan $16.4B · 42,924
- The Pepsico Savings Plan $12.1B · 129,846
- Deloitte 401(k) Plan $11.0B · 74,687
- The Goldman Sachs 401(k) Plan $9.7B · 22,650
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to The Safe Harbor 401(k) Plan by total assets, not by location.
- Geosyntec Consultants, Inc. and Subsidiaries 401(k) Retirement Plan (FL) $304M · 1,473
- Medical Solutions 401(k) Plan (NE) $305M · 17,002
- Beaver Medical Group 401(k) Profit-Sharing Plan (MN) $305M · 1,628
- The Medtronic Puerto Rico Employees' Savings and Investment Plan (MN) $304M · 4,750
Frequently Asked Questions
How did The Safe Harbor 401(k) Plan assets move in 2022? ▼
How have Sumitomo Corporation of Americas plan assets changed over time? ▼
Where does The Safe Harbor 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to The Safe Harbor 401(k) Plan? ▼
Next read for The Safe Harbor 401(k) Plan
Filing takeaways
Ways to act on The Safe Harbor 401(k) Plan's numbers.
- By total assets, The Safe Harbor 401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in New York. Compare plans
- Sumitomo Corporation of Americas's sponsor-wide assets have grown 34.3% since 2022 across 3 plan years on file. More Wholesale Trade plans