401(k) · DOL Form 5500 · 2024

Sumitomo Pharma America, Inc. 401(k) Plan

Data updated 2026-07-24

$634M
Total assets: 1,751
Participants: 98th
Percentile by assets: $362,119
Avg per participant

Official DOL plan name: My 401(k) Plan · Sponsored by Sumitomo Pharma America, Inc. · Massachusetts · Manufacturing

$634M in assets, 1,751 participants

Sumitomo Pharma America, Inc.'s My 401(k) Plan reported $634M in total assets and 1,751 participants in its 2024 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 116,472 plans)

Coverage in Massachusetts

My 401(k) Plan covers 1,751 participants in Massachusetts, 2.7x the typical Massachusetts plan (state average ~641 per filing). Assets: $634M.

$634M
total plan assets (2024 EOY): 1,751
covered participants: 98th
percentile by assets (of 116,472 plans): $362,119
avg assets per participant

The plan reported a net loss of $13M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

My 401(k) Plan reported net income fell from $25M in the plan year 2023 filing to -$13M in the plan year 2024 filing.
My 401(k) Plan reported participants rose from 1,348 in the plan year 2023 filing to 1,751 in the plan year 2024 filing.
My 401(k) Plan end-of-year assets fell from $647M in the plan year 2023 filing to $634M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Massachusetts

Industry

Manufacturing

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 641 participants across 3,941 plans. My 401(k) Plan reports 1,751 participants - 2.7x that state average ($634M EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)	$647M
Net Assets (End of Year)	$634M
Net Income	-$13M
Employer EIN	222536587
Plan Effective Date	1989-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Sumitomo Pharma America, Inc.)

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

Fidelity Retirement Savings Plan $34.2B · 66,907
Liberty Mutual 401(k) Plan $11.4B · 34,618
Massachusetts Institute of Technology Supplemental 401(k) Plan $7.7B · 14,762
Boston Scientific Corporation 401(k) Retirement Savings Plan $6.8B · 20,639
State Street Salary Savings Program $6.5B · 12,777

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.

Ingram 401(k) Retirement Plan (TN) $634M · 5,542
Pixar Employee's 401(k) Retirement Plan (CA) $634M · 1,345
Air Methods Corporation 401(k) Plan (CO) $634M · 4,725
401(k) Profit Sharing Plan for Employees of Moss Adams LLP & Affiliates (WA) $634M · 4,076

Frequently Asked Questions

How did My 401(k) Plan assets move in 2024? ▼

My 401(k) Plan edged down modestly - down 2.0% during 2024, from $647M to $634M. Reported net income was -$13M.

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 116,472 plans that reported assets for plan year 2024 (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 Ingram 401(k) Retirement Plan in TN ($634M, 5,542 participants).

Next read for My 401(k) Plan

Filing takeaways

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

By total assets, My 401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Massachusetts. Compare plans
Sumitomo Pharma America, Inc.'s sponsor-wide assets have grown 74311.3% since 2022 across 3 plan years on file. More Manufacturing plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.