Defined Benefit (Pension) · DOL Form 5500 · 2024
Sumitomo Mitsui Banking Corporation Pension Plan
Data updated 2026-08-25
- $342M
- Total assets Above avg plan size
- 3,736
- Participants Above avg headcount
- 96th
- Percentile by assets National rank
- $91,511
- Avg per participant Below avg balance/head
Official DOL plan name: Sumitomo Mitsui Banking Corporation Retirement Plan · Sponsored by Sumitomo Mitsui Banking Corporation · New York · Finance & Insurance
$342M in assets, 3,736 participants
Sumitomo Mitsui Banking Corporation's Sumitomo Mitsui Banking Corporation Retirement Plan reported $342M in total assets and 3,736 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.
- #7,998 in Finance & Insurance (8,549 peers)
Coverage in New York
Sumitomo Mitsui Banking Corporation Retirement Plan covers 3,736 participants in New York, 4.7x the typical New York plan (state average ~798 per filing). Assets: $342M.
- #7,998
- in Finance & Insurance (8,549 peers)
- +21.7%
- assets growth YoY
- 3.4×
- vs typical plan assets (national mean)
Sumitomo Mitsui Banking Corporation Retirement Plan's outsized position by total assets
Sumitomo Mitsui Banking Corporation Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$341,885,368 Top 4% higher than 96% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Sumitomo Mitsui Banking Corporation Retirement Plan's large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sumitomo Mitsui Banking Corporation Retirement Plan lands in the large band (3,736 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Sumitomo Mitsui Banking Corporation Retirement Plan reported net income rose from $39M in the plan year 2023 filing to $61M in the plan year 2024 filing.
- Sumitomo Mitsui Banking Corporation Retirement Plan end-of-year assets rose from $281M in the plan year 2023 filing to $342M in the plan year 2024 filing.
- Sumitomo Mitsui Banking Corporation Retirement Plan reported participants rose from 3,094 in the plan year 2023 filing to 3,736 in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 135611820 · Sumitomo Mitsui Banking Corporation PY 2024 · Defined Benefit (Pension)
Sumitomo Mitsui Banking Corporation Retirement Plan · $342M · 3,736 · 96th
- TYPE $342M
- NET 3,736
- BOOK 96th
- VS-ST Defined Benefit (Pension)
- BOY near Mativ Holdings, Inc. Pension Plan
- SCH ind #7998
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 →
Sumitomo Mitsui Banking Corporation Retirement Plan in the asset neighbourhood
New York filing particulars
| Total Assets (Beginning of Year) | $281M |
|---|---|
| Net Assets (End of Year) | $342M |
| Net Income | $61M |
| Employer EIN | 135611820 |
| Plan Effective Date | 1979-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Sumitomo Mitsui Banking Corporation)
Sponsor-wide plan assets over time
All Sumitomo Mitsui Banking Corporation plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.1B 54.68554403802152% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 5,480 | $715M |
| 2023 | 2 | 6,815 | $901M |
| 2024 | 2 | 7,891 | $1.1B |
Nearby Defined Benefit (Pension) Plans in New York
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- IBM Personal Pension Plan $17.9B · 48,014
- 1199seiu Health Care Employees Pension Fund $16.9B · 111,833
- Consolidated Edison Retirement Plan $15.6B · 10,608
- Pfizer Consolidated Pension Plan $10.0B · 8,876
- GE Energy Pension Plan $8.9B · 5,829
Sumitomo Mitsui Banking Corporation Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside New York, the nearest Defined Benefit (Pension) by assets is Mativ Holdings, Inc. Pension Plan in GA ($342M); by covered participants it is Kraft Heinz Retirement Plan in PA (3,742 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($342M here).
- Mativ Holdings, Inc. Pension Plan (GA) $342M · 500
- Cadence Retirement Plan and Trust Agreement (MS) $341M · 5,242
- Retirement Income Plan for the Employees of National Railroad Passenger Corporation (DC) $341M · 1,043
- New Century Energies, Inc. Retirement Plan for Southwestern Public Service Co. Bargaining Unit Ee and Former Non-Bargaining Unit Employees (MN) $343M · 872
Similar participant headcount
Nearest other-state filings by covered participants (3,736 participants); asset peers above are excluded.
- Kraft Heinz Retirement Plan (PA) 3,742 · 6 off
- Conocophillips Retirement Plan (TX) 3,746 · 10 off
- Pbf Energy Pension Plan (NJ) 3,746 · 10 off
- Hartford Healthcare Pension Plan (CT) 3,787 · 51 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.