401(k) · DOL Form 5500 · 2023

Sumitomo Rubber USA, LLC 401(k) Plan

Data updated 2026-08-11

$123M
Total assets: 1,050
Participants: 93rd
Percentile by assets: $117,547
Avg per participant

Official DOL plan name: Sumitomo Rubber USA, LLC Employee Savings Plan for Bargaining Unit Employees · Sponsored by Sumitomo Rubber USA, LLC · New York · Manufacturing

$123M in assets, 1,050 participants

Sumitomo Rubber USA, LLC's Sumitomo Rubber USA, LLC Employee Savings Plan for Bargaining Unit Employees reported $123M in total assets and 1,050 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

93rd percentile by assets (of 127,072 plans)
#16,595 in Manufacturing (18,722 peers)

Where Sumitomo Rubber USA, LLC Employee Savings Plan for Bargaining Unit Employees sits by assets

Sumitomo Rubber USA, LLC Employee Savings Plan for Bargaining Unit Employees sits in the top 10% of all filed plans by assets, $123M for 1,050 participants (~$117,547/participant), up 15.9% in 2023.

$123M
total plan assets (2023 EOY): 1,050
covered participants: 93rd
percentile by assets (of 127,072 plans): $117,547
avg assets per participant

Where Sumitomo Rubber USA, LLC Employee Savings Plan for Bargaining Unit Employees sits by total assets

Sumitomo Rubber USA, LLC Employee Savings Plan for Bargaining Unit Employees vs every filed plan by assets

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

$123,424,272 Top 7% higher than 93% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Sumitomo Rubber USA, LLC Employee Savings Plan for Bargaining Unit Employees reported net income rose from -$22M in the plan year 2022 filing to $17M in the plan year 2023 filing.
Sumitomo Rubber USA, LLC Employee Savings Plan for Bargaining Unit Employees end-of-year assets rose from $106M in the plan year 2022 filing to $123M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

New York

Industry

Manufacturing

Sumitomo Rubber USA, LLC Employee Savings Plan for Bargaining Unit Employees vs the 2023 asset distribution

By assets, Sumitomo Rubber USA, LLC Employee Savings Plan for Bargaining Unit Employees outranks 93% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.2x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$106M
Net Assets (End of Year)	$123M
Net Income	$17M
Employer EIN	341899137
Plan Effective Date	2003-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Sumitomo Rubber USA, LLC)

Total plan assets by year, all Sumitomo Rubber USA, LLC plans on file

Year	Plans	Participants	Total Assets
2022	5	1,867	$511M
2023	5	1,809	$535M
2024	5	1,907	$538M

Nearby 401(k) Plans in New York

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

Sumitomo Rubber USA, LLC Employee Savings Plan for Bargaining Unit Employees vs. nearby 401(k) plans in New York, assets vs. participants

IBM 401 (K) Plus Plan $57.4B · 54,912
Pfizer Savings Plan $19.6B · 30,033
Morgan Stanley 401(k) Plan $19.2B · 55,363
The Pepsico Savings Plan $13.7B · 133,597
The Goldman Sachs 401(k) Plan $11.4B · 24,866

Compare Sumitomo Rubber USA, LLC Employee Saving… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Sumitomo Rubber USA, LLC Employee Savings Plan for Bargaining Unit Employees by total assets, not by location.

Chs/Community Health Systems, Inc. Standard 401(k) Plan (TN) $123M · 1,572
Eco Material Technologies 401(k) Plan (UT) $123M · 992
Cargotec Holding, Inc. 401(k) Plan (KS) $124M · 1,097
Spok Holdings, Inc. Savings and Retirement Plan (VA) $124M · 385

Frequently Asked Questions

How did Sumitomo Rubber USA, LLC Employee Savings Plan for Bargaining Unit Employees assets move in 2023? ▼

Sumitomo Rubber USA, LLC Employee Savings Plan for Bargaining Unit Employees grew sharply - up 15.9% during 2023, from $106M to $123M. Reported net income was $17M.

How have Sumitomo Rubber USA, LLC plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Sumitomo Rubber USA, LLC's sponsor-wide assets grew 5.4%, from $511M to $538M.

Where does Sumitomo Rubber USA, LLC Employee Savings Plan for Bargaining Unit Employees rank by assets among Form 5500 filers? ▼

Sumitomo Rubber USA, LLC Employee Savings Plan for Bargaining Unit Employees ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).

Which 401(k) plans are similar in size to Sumitomo Rubber USA, LLC Employee Savings Plan for Bargaining Unit Employees? ▼

Among 401(k) plans in other states, the closest by assets is Chs/Community Health Systems, Inc. Standard 401(k) Plan in TN ($123M, 1,572 participants).

Next read for Sumitomo Rubber USA, LLC Employee Saving…

Scale reading

Ways to act on Sumitomo Rubber USA, LLC Employee Savings Plan for Bargaining Unit Employees's numbers.

By total assets, Sumitomo Rubber USA, LLC Employee Savings Plan for Bargaining Unit Employees 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 New York. Compare plans
Sumitomo Rubber USA, LLC's sponsor-wide assets have grown 5.4% since 2022 across 3 plan years on file. More Manufacturing plans

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 341899137.