401(k) · DOL Form 5500 · 2023

Sumitomo Corporation of Americas 401(k) Plan

Data updated 2026-08-25

$356M
Total assets Above avg plan size
1,940
Participants Near avg headcount
97th
Percentile by assets National rank
$183,387
Avg per participant Above avg balance/head
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Official DOL plan name: The Safe Harbor 401(k) Plan · Sponsored by Sumitomo Corporation of Americas · New York · Wholesale Trade

$356M in assets, 1,940 participants

Sumitomo Corporation of Americas's The Safe Harbor 401(k) Plan reported $356M in total assets and 1,940 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • #6,165 in Wholesale Trade (6,309 peers)

Coverage in New York

The Safe Harbor 401(k) Plan covers 1,940 participants in New York, 2.4x the typical New York plan (state average ~798 per filing). Assets: $356M.

#6,165
in Wholesale Trade (6,309 peers)
+16.8%
assets growth YoY
3.6×
vs typical plan assets (national mean)

The Safe Harbor 401(k) Plan's outsized position by total assets

The Safe Harbor 401(k) Plan vs every filed plan by assets

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

$355,770,235 Top 3% higher than 97% 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

The Safe Harbor 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Safe Harbor 401(k) Plan lands in the large band (1,940 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Safe Harbor 401(k) Plan reported net income rose from -$61M in the plan year 2022 filing to $51M in the plan year 2023 filing.
  • The Safe Harbor 401(k) Plan end-of-year assets rose from $305M in the plan year 2022 filing to $356M in the plan year 2023 filing.
  • The Safe Harbor 401(k) Plan reported participants rose from 1,804 in the plan year 2022 filing to 1,940 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

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

The Safe Harbor 401(k) Plan · $356M · 1,940 · 97th

  • PHOTO $356M
  • PHOTO 1,940
  • PHOTO 97th
  • PHOTO 401(k)
  • PHOTO near Diamond Offshore 401(k) Plan
  • PHOTO ind #6165

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 Wholesale Trade retirement plans → · Plans in New York →

The Safe Harbor 401(k) Plan in the asset neighbourhood

Weekley Homes 401(k) Plan$356MDiamond Offshore 401(k) Plan$356MThe Safe Harbor 401(k) Plan$356MBendix Commercial Vehicle Systems LLC Savings PlanBendix Commercial Vehicle Sy…$356MAlpha Metallurgical Resources 401(k) Retirement Savings PlanAlpha Metallurgical Resource…$355M
End-of-year total assets ($M) among The Safe Harbor 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)$305M
Net Assets (End of Year)$356M
Net Income$51M
Employer EIN135612163
Plan Effective Date2011-06-01
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.

The Safe Harbor 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants The Safe Harbor 401(k) Plan, Total assets ($B): 0.355770235 · Participants: 1940The Safe Harbor 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
The Safe Harbor 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare The Safe Harbor 401(k) Plan side-by-side with 3 peers →

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

Outside New York, the nearest 401(k) by assets is Diamond Offshore 401(k) Plan in TX ($356M); by covered participants it is Am/Ns Calvert LLC 401(k) Plan in AL (1,940 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($356M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,940 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 The Safe Harbor 401(k) Plan assets move in 2023? ▼
The Safe Harbor 401(k) Plan grew sharply - up 16.8% during 2023, from $305M to $356M. Reported net income was $51M.
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 The Safe Harbor 401(k) Plan rank by assets among Form 5500 filers? ▼
The Safe Harbor 401(k) Plan ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to The Safe Harbor 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Diamond Offshore 401(k) Plan in TX ($356M, 1,183 participants).
Which 401(k) plans cover a similar participant headcount to The Safe Harbor 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Am/Ns Calvert LLC 401(k) Plan in AL (1,940 participants, $235M 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.