401(k) · DOL Form 5500 · 2023

Sumitomo Corporation of Americas 401(k) Plan

Data updated 2026-08-25

$48M
Total assets Below avg plan size
579
Participants Below avg headcount
85th
Percentile by assets National rank
$82,171
Avg per participant Below avg balance/head
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Official DOL plan name: Linder Industrial Machinery 401(k) Retirement Plan · Sponsored by Sumitomo Corporation of Americas · New York · Retail Trade

$48M in assets, 579 participants

Sumitomo Corporation of Americas's Linder Industrial Machinery 401(k) Retirement Plan reported $48M in total assets and 579 participants in its 2023 DOL Form 5500 filing, ranking in the 85th 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.

  • #7,699 in Retail Trade (8,414 peers)

Where Linder Industrial Machinery 401(k) Retirement Plan sits by assets

Linder Industrial Machinery 401(k) Retirement Plan sits in the top quartile of all filed plans by assets, $48M for 579 participants (~$82,171/participant), up 22.9% in 2023.

#7,699
in Retail Trade (8,414 peers)
+22.9%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Linder Industrial Machinery 401(k) Retirement Plan's outsized position by total assets

Linder Industrial Machinery 401(k) Retirement Plan vs every filed plan by assets

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

$47,576,996 Top 15% higher than 85% 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

Linder Industrial Machinery 401(k) Retirement 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. Linder Industrial Machinery 401(k) Retirement Plan sits mid-pack in the medium band (579 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Linder Industrial Machinery 401(k) Retirement Plan reported net income rose from -$4M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Linder Industrial Machinery 401(k) Retirement Plan end-of-year assets rose from $39M in the plan year 2022 filing to $48M in the plan year 2023 filing.
  • Linder Industrial Machinery 401(k) Retirement Plan reported participants rose from 541 in the plan year 2022 filing to 579 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 135612163 · Sumitomo Corporation of Americas PY 2023 · 401(k)

Linder Industrial Machinery 401(k) Retirement Plan · $48M · 579 · 85th

  • IND $48M
  • IND 579
  • IND 85th
  • IND 401(k)
  • IND near Nephrology Associates Medical Grp. Inc. 401(k) Profit-Sharing Plan
  • IND ind #7699

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 Retail Trade retirement plans → · Plans in New York →

Linder Industrial Machinery 401(k) Retirement Plan in the asset neighbourhood

Linder Industrial Machinery 401(k) Retirement PlanLinder Industrial Machinery …$48MNephrology Associates Medical Grp. Inc. 401(k) Profit-Sharing PlanNephrology Associates Medica…$48MFrontier Cooperative 401(k) PlanFrontier Cooperative 401(k) …$48MCarus Capital Accumulation 401(k) PlanCarus Capital Accumulation 4…$48MStaar Surgical Company 401(k) PlanStaar Surgical Company 401(k…$48M
End-of-year total assets ($M) among Linder Industrial Machinery 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$39M
Net Assets (End of Year)$48M
Net Income$9M
Employer EIN135612163
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sumitomo Corporation of Americas)

Sponsor-wide plan assets over time

All Sumitomo Corporation of Americas plans reported in each filing year

Latest sponsor-wide plan assets
$461M 34.310119088580045% vs 2022
2024 filing year
$300M$350M$400M$450M$500M 202220232024 $343M $461M ▲ +34.3%
Year Plans Participants Total Assets
2022 2 2,345 $343M
2023 2 2,519 $403M
2024 2 2,694 $461M

Nearby 401(k) Plans in New York

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

Linder Industrial Machinery 401(k) Retirement Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Linder Industrial Machinery 401(k) Retirement Plan, Total assets ($B): 0.047576996 · Participants: 579Linder Industrial Machinery 401(k) Retirement 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
Linder Industrial Machinery 401(k) Retirement Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Linder Industrial Machinery 401(k) Retirement Plan side-by-side with 3 peers →

Linder Industrial Machinery 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Nephrology Associates Medical Grp. Inc. 401(k) Profit-Sharing Plan in CA ($48M); by covered participants it is Mark-Taylor Development, Inc. 401(k) Plan in AZ (579 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (579 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 Linder Industrial Machinery 401(k) Retirement Plan assets move in 2023? ▼
Linder Industrial Machinery 401(k) Retirement Plan grew sharply - up 22.9% during 2023, from $39M to $48M. Reported net income was $9M.
How have Sumitomo Corporation of Americas plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sumitomo Corporation of Americas's sponsor-wide assets grew 34.3%, from $343M to $461M.
Where does Linder Industrial Machinery 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Linder Industrial Machinery 401(k) Retirement Plan ranks in the 85th 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 Linder Industrial Machinery 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Nephrology Associates Medical Grp. Inc. 401(k) Profit-Sharing Plan in CA ($48M, 57 participants).
Which 401(k) plans cover a similar participant headcount to Linder Industrial Machinery 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Mark-Taylor Development, Inc. 401(k) Plan in AZ (579 participants, $17M 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 135612163.

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.