Profit Sharing · DOL Form 5500 · 2022
Sumitomo Electric U.S.a. Holdings Inc. Profit Sharing Plan
Data updated 2026-08-25
- $158M
- Total assets Near avg plan size
- 1,320
- Participants Near avg headcount
- 95th
- Percentile by assets National rank
- $119,776
- Avg per participant Near avg balance/head
Official DOL plan name: Sumitomo Electric Group 401(k) Plan · Sponsored by Sumitomo Electric U.S.a. Holdings Inc. · New York · Manufacturing
$158M in assets, 1,320 participants
Sumitomo Electric U.S.a. Holdings Inc.'s Sumitomo Electric Group 401(k) Plan reported $158M in total assets and 1,320 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.
- #18,931 in Manufacturing (20,602 peers)
Where Sumitomo Electric Group 401(k) Plan sits by assets
Sumitomo Electric Group 401(k) Plan sits in the top 5% of all filed plans by assets, $158M for 1,320 participants (~$119,776/participant), down 24.1% in 2022.
- #18,931
- in Manufacturing (20,602 peers)
- -24.1%
- assets change YoY
- 1.6×
- vs typical plan assets (national mean)
The plan reported a net loss of $35M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Sumitomo Electric Group 401(k) Plan's outsized position by total assets
Sumitomo Electric Group 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$158,104,022 Top 5% higher than 95% 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 Electric Group 401(k) 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 Electric Group 401(k) Plan lands in the large band (1,320 participants).
Form 5500 schedule snapshot
Filing strip 561646307 · Sumitomo Electric U.S.a. Holdings Inc. PY 2022 · Profit Sharing
Sumitomo Electric Group 401(k) Plan · $158M · 1,320 · 95th
- PHOTO $158M
- IND 1,320
- EOY 95th
- 5500 Profit Sharing
- ASSETS near Hewlett Packard Enterprise Puerto Rico Tax Saving Capital Accumulation Plan
- PCT ind #18931
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 New York →
Sumitomo Electric Group 401(k) Plan in the asset neighbourhood
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $208M |
|---|---|
| Net Assets (End of Year) | $158M |
| Net Income | -$35M |
| Employer EIN | 561646307 |
| Plan Effective Date | 1983-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Sumitomo Electric U.S.a. Holdings Inc.)
Sponsor-wide plan assets over time
All Sumitomo Electric U.S.a. Holdings Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $246M 55.634340535625334% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,320 | $158M |
| 2023 | 1 | 1,122 | $178M |
| 2024 | 1 | 1,181 | $246M |
Nearby Profit Sharing Plans in New York
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- Annuity Plan of the Electrical Industry $2.0B · 19,997
- Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO $1.6B · 3,494
- Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO $1.5B · 5,696
- The Research Foundation for Suny Retirement Plan $1.1B · 11,139
- Mason Tenders District Council Annuity Fund $837M · 11,072
Sumitomo Electric Group 401(k) Plan's out-of-state Profit Sharing peers by assets and headcount
Outside New York, the nearest Profit Sharing by assets is Hewlett Packard Enterprise Puerto Rico Tax Saving Capital Accumulation Plan in PR ($158M); by covered participants it is Wayne Unc 401(a) Plan in NC (1,319 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($158M here).
Similar participant headcount
Nearest other-state filings by covered participants (1,320 participants); asset peers above are excluded.
- Wayne Unc 401(a) Plan (NC) 1,319 · 1 off
- Mercy Health Retirement Savings Plan 403b (OH) 1,317 · 3 off
- California Thoroughbred Trainers Backstretch Employees' Retirement Savings Pension Plan (CA) 1,317 · 3 off
- Stanford Health Care Tri-Valley 403(b) Plan (CA) 1,324 · 4 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.