401(k) · DOL Form 5500 · 2023

Durez Corporation 401(k) Plan

Data updated 2026-08-25

$80M
Total assets Below avg plan size
686
Participants Below avg headcount
90th
Percentile by assets National rank
$116,773
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

$80M in assets, 686 participants

Durez Corporation's Sumitomo Bakelite NA Savings Plan reported $80M in total assets and 686 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.

  • #15,851 in Manufacturing (18,722 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, $80M for 686 participants (~$116,773/participant), up 13.4% in 2023.

#15,851
in Manufacturing (18,722 peers)
+13.4%
assets growth YoY
0.8×
vs typical plan assets (national mean)

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 2023 · DOL Form 5500

$80,106,308 Top 10% higher than 90% 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

Sumitomo Bakelite NA Savings 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. Sumitomo Bakelite NA Savings Plan sits mid-pack in the medium band (686 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sumitomo Bakelite NA Savings Plan reported net income rose from -$24M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Sumitomo Bakelite NA Savings Plan end-of-year assets rose from $71M in the plan year 2022 filing to $80M in the plan year 2023 filing.
  • Sumitomo Bakelite NA Savings Plan reported participants rose from 662 in the plan year 2022 filing to 686 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 522004847 · Durez Corporation PY 2023 · 401(k)

Sumitomo Bakelite NA Savings Plan · $80M · 686 · 90th

  • PART $80M
  • TYPE 686
  • NET 90th
  • BOOK 401(k)
  • VS-ST near Ami 401(k) Profit Sharing Plan
  • BOY ind #15851

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

Ami 401(k) Profit Sharing PlanAmi 401(k) Profit Sharing Pl…$80MSumitomo Bakelite NA Savings PlanSumitomo Bakelite NA Savings…$80MBasis Global Technologies, Inc. 401(k) Savings PlanBasis Global Technologies, I…$80MCfgi 401(k) Plan$80MCosentino's Food Stores 401(k) Profit Sharing Plan and TrustCosentino's Food Stores 401(…$80M
End-of-year total assets ($M) among Sumitomo Bakelite NA Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$71M
Net Assets (End of Year)$80M
Net Income$9M
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 -50510152025 Total assets ($B) Participants Sumitomo Bakelite NA Savings Plan, Total assets ($B): 0.080106308 · Participants: 686Sumitomo Bakelite NA Savings PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The 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): 7.617084451 · Participants: 59195Ford 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 Ami 401(k) Profit Sharing Plan in NJ ($80M); by covered participants it is Texas Health Flower Mound Employees Savings Trust in TX (686 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($80M here).

Similar participant headcount

Nearest other-state filings by covered participants (686 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 Sumitomo Bakelite NA Savings Plan assets move in 2023? ▼
Sumitomo Bakelite NA Savings Plan grew at a solid clip - up 13.4% during 2023, from $71M to $80M. Reported net income was $9M.
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 90th 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 Bakelite NA Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Ami 401(k) Profit Sharing Plan in NJ ($80M, 745 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 Texas Health Flower Mound Employees Savings Trust in TX (686 participants, N/A 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 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.