401(k) · DOL Form 5500 · 2024

Suominen US Holding, Inc. 401(k) Plan

Data updated 2026-08-25

$51M
Total assets Below avg plan size
301
Participants Below avg headcount
84th
Percentile by assets National rank
$168,540
Avg per participant Above avg balance/head
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Official DOL plan name: Suominen 401(k) Plan · Sponsored by Suominen US Holding, Inc. · Connecticut · Manufacturing

$51M in assets, 301 participants

Suominen US Holding, Inc.'s Suominen 401(k) Plan reported $51M in total assets and 301 participants in its 2024 DOL Form 5500 filing, ranking in the 84th 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.

  • #13,810 in Manufacturing (17,777 peers)

Coverage in Connecticut

Suominen 401(k) Plan covers 301 participants in Connecticut, about 42% of the average Connecticut filer (state average ~718 per filing). Assets: $51M.

#13,810
in Manufacturing (17,777 peers)
+10.1%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Suominen 401(k) Plan's outsized position by total assets

Suominen 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$50,730,451 Top 16% higher than 84% of 123,620 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 2024

Suominen 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Suominen 401(k) Plan sits mid-pack in the medium band (301 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Suominen 401(k) Plan reported net income fell from $6M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Suominen 401(k) Plan end-of-year assets rose from $46M in the plan year 2023 filing to $51M in the plan year 2024 filing.
  • Suominen 401(k) Plan reported participants rose from 289 in the plan year 2023 filing to 301 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 453291280 · Suominen US Holding, Inc. PY 2024 · 401(k)

Suominen 401(k) Plan · $51M · 301 · 84th

  • VS-ST $51M
  • BOY 301
  • SCH 84th
  • EBSA 401(k)
  • PART near A Place for Mom, Inc. 401(k) Plan
  • TYPE ind #13810

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 Connecticut →

Suominen 401(k) Plan in the asset neighbourhood

Anderson Brothers Bank of Mullins 401(k) Employee Stock Ownership PlanAnderson Brothers Bank of Mu…$51MSuominen 401(k) Plan$51MA Place for Mom, Inc. 401(k) PlanA Place for Mom, Inc. 401(k)…$51MLiftoff 401(k) Plan$51MBank of New Hampshire Retirement Incentive ProgramBank of New Hampshire Retire…$51M
End-of-year total assets ($M) among Suominen 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Connecticut filing particulars

Total Assets (Beginning of Year)$46M
Net Assets (End of Year)$51M
Net Income$5M
Employer EIN453291280
Plan Effective Date2012-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Suominen US Holding, Inc.)

Sponsor-wide plan assets over time

All Suominen US Holding, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$51M 27.68783524051236% vs 2022
2024 filing year
$35M$40M$45M$50M$55M 202220232024 $39.7M $50.7M ▲ +27.7%
Year Plans Participants Total Assets
2022 1 288 $40M
2023 1 289 $46M
2024 1 301 $51M

Nearby 401(k) Plans in Connecticut

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

Suominen 401(k) Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Suominen 401(k) Plan, Total assets ($B): 0.050730451 · Participants: 301Suominen 401(k) PlanRtx Savings Plan, Total assets ($B): 58.647425 · Participants: 124876Rtx Savings PlanCiti Retirement Savings Plan, Total assets ($B): 23.241033081 · Participants: 78741Citi Retirement Savings PlanThe Hartford Investment and Savings Plan, Total assets ($B): 7.183243 · Participants: 18614The Hartford Investment and Savings PlanEversource 401(k) Plan, Total assets ($B): 4.046347175 · Participants: 10041Eversource 401(k) PlanXerox Corporation Savings Plan, Total assets ($B): 3.976943 · Participants: 9876Xerox Corporation Savings Plan
Suominen 401(k) Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants
Compare Suominen 401(k) Plan side-by-side with 3 peers →

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

Outside Connecticut, the nearest 401(k) by assets is A Place for Mom, Inc. 401(k) Plan in KS ($51M); by covered participants it is Table Talk Pies, Inc. Retirement Savings Plan in MA (301 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (301 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Suominen 401(k) Plan assets move in 2024? ▼
Suominen 401(k) Plan grew at a solid clip - up 10.1% during 2024, from $46M to $51M. Reported net income was $5M.
How have Suominen US Holding, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Suominen US Holding, Inc.'s sponsor-wide assets grew 27.7%, from $40M to $51M.
Where does Suominen 401(k) Plan rank by assets among Form 5500 filers? ▼
Suominen 401(k) Plan ranks in the 84th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Suominen 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is A Place for Mom, Inc. 401(k) Plan in KS ($51M, 1,000 participants).
Which 401(k) plans cover a similar participant headcount to Suominen 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Table Talk Pies, Inc. Retirement Savings Plan in MA (301 participants, $194K in assets).

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 453291280.

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.