401(k) · DOL Form 5500 · 2023

Sumitomo Mitsui Trust Bank, Limited 401(k) Plan

Data updated 2026-08-25

$74M
Total assets Below avg plan size
210
Participants Below avg headcount
89th
Percentile by assets National rank
$353,001
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Smtbny 401(k) Plan · Sponsored by Sumitomo Mitsui Trust Bank, Limited · New York · Finance & Insurance

$74M in assets, 210 participants

Sumitomo Mitsui Trust Bank, Limited's Smtbny 401(k) Plan reported $74M in total assets and 210 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • #7,369 in Finance & Insurance (8,869 peers)

Coverage in New York

Smtbny 401(k) Plan covers 210 participants in New York, about 26% of the average New York filer (state average ~798 per filing). Assets: $74M.

#7,369
in Finance & Insurance (8,869 peers)
+27.0%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Smtbny 401(k) Plan's outsized position by total assets

Smtbny 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$74,130,205 Top 11% higher than 89% of 127,068 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 2023

Smtbny 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Smtbny 401(k) Plan sits mid-pack in the medium band (210 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Smtbny 401(k) Plan reported net income rose from -$12M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • Smtbny 401(k) Plan end-of-year assets rose from $58M in the plan year 2022 filing to $74M in the plan year 2023 filing.
  • Smtbny 401(k) Plan reported participants rose from 195 in the plan year 2022 filing to 210 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 133579517 · Sumitomo Mitsui Trust Bank, Limited PY 2023 · 401(k)

Smtbny 401(k) Plan · $74M · 210 · 89th

  • BOY $74M
  • SCH 210
  • EBSA 89th
  • PART 401(k)
  • TYPE near Fxi 401(k) Plan
  • NET ind #7369

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 Finance & Insurance retirement plans → · Plans in New York →

Smtbny 401(k) Plan in the asset neighbourhood

Gds Associates, Inc. 401(k) Profit Sharing & Salary Deferral PlanGds Associates, Inc. 401(k) …$74MRmf 401(k) Retirement Plan$74MSmtbny 401(k) Plan$74MFxi 401(k) Plan$74MCentro, Inc. 401(k) Profit Sharing PlanCentro, Inc. 401(k) Profit S…$74M
End-of-year total assets ($M) among Smtbny 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$58M
Net Assets (End of Year)$74M
Net Income$16M
Employer EIN133579517
Plan Effective Date1989-07-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Sumitomo Mitsui Trust Bank, Limited)

Sponsor-wide plan assets over time

All Sumitomo Mitsui Trust Bank, Limited plans reported in each filing year

Latest sponsor-wide plan assets
$91M 56.528902781157996% vs 2022
2024 filing year
$50M$60M$70M$80M$90M$100M 202220232024 $58.4M $91.4M ▲ +56.5%
Year Plans Participants Total Assets
2022 1 195 $58M
2023 1 210 $74M
2024 1 231 $91M

Nearby 401(k) Plans in New York

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Smtbny 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Smtbny 401(k) Plan, Total assets ($B): 0.074130205 · Participants: 210Smtbny 401(k) PlanIBM 401 (K) Plus Plan, Total assets ($B): 57.428456306 · Participants: 54912IBM 401 (K) Plus PlanPfizer Savings Plan, Total assets ($B): 19.56134085 · Participants: 30033Pfizer Savings PlanMorgan Stanley 401(k) Plan, Total assets ($B): 19.235068266 · Participants: 55363Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 13.651296 · Participants: 133597The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 11.428659742 · Participants: 24866The Goldman Sachs 401(k) Plan
Smtbny 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Smtbny 401(k) Plan side-by-side with 3 peers →

Smtbny 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Fxi 401(k) Plan in PA ($74M); by covered participants it is B.E.a.T., LLC 401(k) Plan in TX (210 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($74M here).

Similar participant headcount

Nearest other-state filings by covered participants (210 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Smtbny 401(k) Plan assets move in 2023? ▼
Smtbny 401(k) Plan grew sharply - up 27.0% during 2023, from $58M to $74M. Reported net income was $16M.
How have Sumitomo Mitsui Trust Bank, Limited plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sumitomo Mitsui Trust Bank, Limited's sponsor-wide assets grew 56.5%, from $58M to $91M.
Where does Smtbny 401(k) Plan rank by assets among Form 5500 filers? ▼
Smtbny 401(k) Plan ranks in the 89th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Smtbny 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Fxi 401(k) Plan in PA ($74M, 2,099 participants).
Which 401(k) plans cover a similar participant headcount to Smtbny 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is B.E.a.T., LLC 401(k) Plan in TX (210 participants, $8M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 133579517.

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.