401(k) · DOL Form 5500 · 2023

Sumitomo Pharma America, Inc. 401(k) Plan

Data updated 2026-08-11

$647M
Total assets
1,348
Participants
98th
Percentile by assets
$480,143
Avg per participant
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Official DOL plan name: My 401(k) Plan · Sponsored by Sumitomo Pharma America, Inc. · Massachusetts · Manufacturing

$647M in assets, 1,348 participants

Sumitomo Pharma America, Inc.'s My 401(k) Plan reported $647M in total assets and 1,348 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 127,072 plans)
  • #18,084 in Manufacturing (18,722 peers)

Coverage in Massachusetts

My 401(k) Plan covers 1,348 participants in Massachusetts, 2.0x the typical Massachusetts plan (state average ~659 per filing). Assets: $647M.

$647M
total plan assets (2023 EOY)
1,348
covered participants
98th
percentile by assets (of 127,072 plans)
$480,143
avg assets per participant
State
Massachusetts
Industry
Manufacturing

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 659 participants across 4,265 plans. My 401(k) Plan reports 1,348 participants - 2.0x that state average ($647M EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)$504M
Net Assets (End of Year)$647M
Net Income$25M
Employer EIN222536587
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sumitomo Pharma America, Inc.)

$-200M$0M$200M$400M$600M$800M 202220232024 $0.85M $635M ▲ +74609.4%
Total plan assets by year, all Sumitomo Pharma America, Inc. plans on file
Year Plans Participants Total Assets
2022 1 2 $853K
2023 2 1,350 $648M
2024 2 1,751 $635M

Nearby 401(k) Plans in Massachusetts

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

My 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

My 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants My 401(k) PlanFidelity Retirement …Liberty Mutual 401(k…Massachusetts Instit…Boston Scientific Co…Philips North Americ…
My 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare My 401(k) Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to My 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did My 401(k) Plan assets move in 2023? ▼
My 401(k) Plan grew sharply - up 28.4% during 2023, from $504M to $647M. Reported net income was $25M.
How have Sumitomo Pharma America, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sumitomo Pharma America, Inc.'s sponsor-wide assets grew 74311.3%, from $853K to $635M.
Where does My 401(k) Plan rank by assets among Form 5500 filers? ▼
My 401(k) Plan ranks in the 98th 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 My 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Ebsco Savings and Profit Sharing Plan in AL ($648M, 3,554 participants).

Next read for My 401(k) Plan

Filing takeaways

Ways to act on My 401(k) Plan's numbers.

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 222536587.

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.