401(k) · DOL Form 5500 · 2024

Sumitomo Mitsui Trust Bank, Limited 401(k) Plan

Data updated 2026-08-25

$91M
Total assets Below avg plan size
231
Participants Below avg headcount
90th
Percentile by assets National rank
$395,611
Avg per participant High balance/head
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Official DOL plan name: Smtbny 401(k) Plan · Sponsored by Sumitomo Mitsui Trust Bank, Limited · New York · Finance & Insurance

$91M in assets, 231 participants

Sumitomo Mitsui Trust Bank, Limited's Smtbny 401(k) Plan reported $91M in total assets and 231 participants in its 2024 DOL Form 5500 filing, ranking in the 90th 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.

  • #7,191 in Finance & Insurance (8,549 peers)

Coverage in New York

Smtbny 401(k) Plan covers 231 participants in New York, about 29% of the average New York filer (state average ~798 per filing). Assets: $91M.

#7,191
in Finance & Insurance (8,549 peers)
+23.3%
assets growth YoY
0.9×
vs typical plan assets (national mean)

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

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

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

$91,386,130 Top 10% higher than 90% 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

Smtbny 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. Smtbny 401(k) Plan sits mid-pack in the medium band (231 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Smtbny 401(k) Plan end-of-year assets rose from $74M in the plan year 2023 filing to $91M in the plan year 2024 filing.
  • Smtbny 401(k) Plan reported participants rose from 210 in the plan year 2023 filing to 231 in the plan year 2024 filing.
  • Smtbny 401(k) Plan reported net income rose from $16M in the plan year 2023 filing to $17M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 133579517 · Sumitomo Mitsui Trust Bank, Limited PY 2024 · 401(k)

Smtbny 401(k) Plan · $91M · 231 · 90th

  • RANK $91M
  • PHOTO 231
  • IND 90th
  • EOY 401(k)
  • 5500 near North American Electric Reliability Corporation Savings and Investment Plan
  • ASSETS ind #7191

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 Finance & Insurance retirement plans → · Plans in New York →

Smtbny 401(k) Plan in the asset neighbourhood

Kurita America Inc. Retirement Savings PlanKurita America Inc. Retireme…$91MOracle Financial Services Software Inc. 401(k) Profit Sharing PlanOracle Financial Services So…$91MNorth American Electric Reliability Corporation Savings and Investment PlanNorth American Electric Reli…$91MMsa Professional Services, Inc. Savings PlanMsa Professional Services, I…$91MSmtbny 401(k) Plan$91M
End-of-year total assets ($M) among Smtbny 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$74M
Net Assets (End of Year)$91M
Net Income$17M
Employer EIN133579517
Plan Effective Date1989-07-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Sumitomo Mitsui Trust Bank, Limited)

Sponsor-wide plan assets over time

All Sumitomo Mitsui Trust Bank, Limited plans reported in each filing year

Latest sponsor-wide plan assets
$91M 56.528902781157996% vs 2022
2024 filing year
$50M$60M$70M$80M$90M$100M 202220232024 $58.4M $91.4M ▲ +56.5%
Year Plans Participants Total Assets
2022 1 195 $58M
2023 1 210 $74M
2024 1 231 $91M

Nearby 401(k) Plans in New York

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

Smtbny 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Smtbny 401(k) Plan, Total assets ($B): 0.09138613 · Participants: 231Smtbny 401(k) PlanIBM 401(k) Plan, Total assets ($B): 60.39355615 · Participants: 52674IBM 401(k) PlanMorgan Stanley 401(k) Plan, Total assets ($B): 22.180692974 · Participants: 53860Morgan Stanley 401(k) PlanPfizer Savings Plan, Total assets ($B): 21.9871528 · Participants: 33309Pfizer Savings PlanThe Pepsico Savings Plan, Total assets ($B): 14.9369507 · Participants: 137398The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 12.807939404 · Participants: 23227The Goldman Sachs 401(k) Plan
Smtbny 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Smtbny 401(k) Plan side-by-side with 3 peers →

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

Outside New York, the nearest 401(k) by assets is North American Electric Reliability Corporation Savings and Investment Plan in GA ($91M); by covered participants it is Unitek College Utah, LLC 401(k) Plan in CA (231 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (231 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 Smtbny 401(k) Plan assets move in 2024? ▼
Smtbny 401(k) Plan grew sharply - up 23.3% during 2024, from $74M to $91M. Reported net income was $17M.
How have Sumitomo Mitsui Trust Bank, Limited plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sumitomo Mitsui Trust Bank, Limited's sponsor-wide assets grew 56.5%, from $58M to $91M.
Where does Smtbny 401(k) Plan rank by assets among Form 5500 filers? ▼
Smtbny 401(k) Plan ranks in the 90th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Smtbny 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is North American Electric Reliability Corporation Savings and Investment Plan in GA ($91M, 231 participants).
Which 401(k) plans cover a similar participant headcount to Smtbny 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Unitek College Utah, LLC 401(k) Plan in CA (231 participants, N/A 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 133579517.

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.