Defined Benefit (Pension) · DOL Form 5500 · 2023

Sumitomo Rubber USA, LLC Pension Plan

Data updated 2026-08-25

$123M
Total assets Near avg plan size
N/A
Participants Small participant base
93rd
Percentile by assets National rank
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Official DOL plan name: Sumitomo Rubber USA, LLC 1970 Pension Plan · Sponsored by Sumitomo Rubber USA, LLC · New York · Manufacturing

$123M in assets, N/A participants

Sumitomo Rubber USA, LLC's Sumitomo Rubber USA, LLC 1970 Pension Plan reported $123M in total assets and N/A 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.

  • #16,586 in Manufacturing (18,722 peers)

Where Sumitomo Rubber USA, LLC 1970 Pension Plan sits by assets

Sumitomo Rubber USA, LLC 1970 Pension Plan sits in the top 10% of all filed plans by assets, $123M for N/A participants, down 0.4% in 2023.

#16,586
in Manufacturing (18,722 peers)
-0.4%
assets change YoY
1.2×
vs typical plan assets (national mean)

The plan reported a net loss of $458K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Sumitomo Rubber USA, LLC 1970 Pension Plan's outsized position by total assets

Sumitomo Rubber USA, LLC 1970 Pension Plan vs every filed plan by assets

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

$122,844,248 Top 7% higher than 93% 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

Filed plans by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sumitomo Rubber USA, LLC 1970 Pension Plan reported net income rose from -$39M in the plan year 2022 filing to -$458K in the plan year 2023 filing.
  • Sumitomo Rubber USA, LLC 1970 Pension Plan end-of-year assets fell from $123M in the plan year 2022 filing to $123M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 341899137 · Sumitomo Rubber USA, LLC PY 2023 · Defined Benefit (Pension)

Sumitomo Rubber USA, LLC 1970 Pension Plan · $123M · N/A · 93rd

  • PHOTO $123M
  • IND N/A
  • EOY 93rd
  • 5500 Defined Benefit (Pension)
  • ASSETS near Borgwarner Inc. Retirement Plan
  • PCT ind #16586

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 Rubber USA, LLC 1970 Pension Plan in the asset neighbourhood

Cincinnati Bell Management Pension PlanCincinnati Bell Management P…$123MSt. Luke's Methodist Hospital Retirement PlanSt. Luke's Methodist Hospita…$123MSumitomo Rubber USA, LLC 1970 Pension PlanSumitomo Rubber USA, LLC 197…$123MBorgwarner Inc. Retirement PlanBorgwarner Inc. Retirement P…$123MNfl Player Cash Balance Plan$122M
End-of-year total assets ($M) among Sumitomo Rubber USA, LLC 1970 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$123M
Net Assets (End of Year)$123M
Net Income-$458K
Employer EIN341899137
Plan Effective Date1970-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sumitomo Rubber USA, LLC)

Sponsor-wide plan assets over time

All Sumitomo Rubber USA, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$538M 5.422744837224585% vs 2022
2024 filing year
$500M$510M$520M$530M$540M$550M 202220232024 $511M $538M ▲ +5.4%
Year Plans Participants Total Assets
2022 5 1,867 $511M
2023 5 1,809 $535M
2024 5 1,907 $538M

Nearby Defined Benefit (Pension) Plans in New York

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Sumitomo Rubber USA, LLC 1970 Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants Sumitomo Rubber USA, LLC 1970 Pension Plan, Total assets ($B): 0.122844248 · Participants: 0Sumitomo Rubber USA, LLC 1970 Pension PlanIBM Personal Pension Plan, Total assets ($B): 24.955758896 · Participants: 14881IBM Personal Pension PlanConsolidated Edison Retirement Plan, Total assets ($B): 16.184377155 · Participants: 10779Consolidated Edison Retirement Plan1199seiu Health Care Employees Pension Fund, Total assets ($B): 16.16620463 · Participants: 1075821199seiu Health Care Employees Pension FundPfizer Consolidated Pension Plan, Total assets ($B): 10.955262618 · Participants: 9616Pfizer Consolidated Pension PlanPepsico Employees Retirement Plan I, Total assets ($B): 7.599669 · Participants: 12289Pepsico Employees Retirement Plan I
Sumitomo Rubber USA, LLC 1970 Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

Sumitomo Rubber USA, LLC 1970 Pension Plan's closest out-of-state Defined Benefit (Pension) peers by assets

Outside New York, the nearest Defined Benefit (Pension) by end-of-year assets is Borgwarner Inc. Retirement Plan in MI at $123M (this filing: $123M).

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($123M here).

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 Rubber USA, LLC 1970 Pension Plan assets move in 2023?
Sumitomo Rubber USA, LLC 1970 Pension Plan held essentially flat - down 0.4% during 2023, from $123M to $123M. Reported net income was -$458K.
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 1970 Pension Plan rank by assets among Form 5500 filers?
Sumitomo Rubber USA, LLC 1970 Pension Plan 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 Defined Benefit (Pension) plans are similar in size to Sumitomo Rubber USA, LLC 1970 Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Borgwarner Inc. Retirement Plan in MI ($123M, 431 participants).