Other
2024 plan-year Other DOL Form 5500

Sumitomo Rubber USA, LLC 1950 Pension Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Sumitomo Rubber USA, LLC · New York · Manufacturing

What the 2023 filing shows

Sumitomo Rubber USA, LLC 1950 Pension Plan holds $329M for 348 participants — about $945,691 per participant, up 132.8% over the 2024 plan year.

$329M
total plan assets (2024 EOY)
348
covered participants
$945,691
avg assets per participant
+132.8%
assets growth YoY

The plan reported a net loss of $7M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$329M
Participants
348
State
Industry
Manufacturing

What the Filing Says About Sumitomo Rubber USA, LLC 1950 Pension Plan

Sumitomo Rubber USA, LLC 1950 Pension Plan is a Other retirement plan sponsored by Sumitomo Rubber USA, LLC, headquartered in New York. As of the 2024 Form 5500 filing, the plan reports $329M in total end-of-year assets and covers 348 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 341899137, and the plan has been effective since 1950-04-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $141M at the beginning of 2024 to $329M at year-end — a gain of 132.8%. Net assets (after liabilities) closed the year at $329M, with reported net income of $-7,290,254 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$141M
Total Assets (End of Year)$329M
Net Assets (End of Year)$329M
Net Income$-7,290,254
Plan TypeOther
Employer EIN341899137
Plan Effective Date1950-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sumitomo Rubber USA, LLC)

Year Plans Participants Total Assets
2022 5 1,867 $511M
2023 5 1,809 $535M
2024 5 1,907 $538M

Nearby Other Plans in New York

Peer Other plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Sumitomo Rubber USA, LLC 1950 Pension Plan?
As of the 2024 Form 5500 filing, Sumitomo Rubber USA, LLC 1950 Pension Plan holds $329M in total assets with 348 participants. It is sponsored by Sumitomo Rubber USA, LLC.
What type of plan is Sumitomo Rubber USA, LLC 1950 Pension Plan?
Sumitomo Rubber USA, LLC 1950 Pension Plan is a Other plan. It has been effective since 1950-04-01. The plan is filed with the U.S. Department of Labor under EIN 341899137.
Who sponsors the Sumitomo Rubber USA, LLC 1950 Pension Plan?
Sumitomo Rubber USA, LLC 1950 Pension Plan is sponsored by Sumitomo Rubber USA, LLC, located in New York. The sponsor's EIN is 341899137 and the plan operates in the Manufacturing industry.
How did Sumitomo Rubber USA, LLC 1950 Pension Plan perform in 2024?
Sumitomo Rubber USA, LLC 1950 Pension Plan grew by 132.8% during 2024, moving from $141M to $329M in total assets. Net income was $-7,290,254.
Where can I find official filings for Sumitomo Rubber USA, LLC 1950 Pension Plan?
Official Form 5500 filings for Sumitomo Rubber USA, LLC 1950 Pension Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 341899137 or plan name at efast.dol.gov.
How does Sumitomo Rubber USA, LLC 1950 Pension Plan compare to other plans?
You can compare Sumitomo Rubber USA, LLC 1950 Pension Plan against other Other plans on the plan type page, or view plans in New York on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 341899137.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.