Defined Benefit (Pension) · DOL Form 5500 · 2024

Sumitomo Rubber USA, LLC Pension Plan

Data updated 2026-08-06

$329M
Total assets: 348
Participants: 96th
Percentile by assets: $945,691
Avg per participant

Official DOL plan name: Sumitomo Rubber USA, LLC 1950 Pension Plan · Sponsored by Sumitomo Rubber USA, LLC · New York · Manufacturing

$329M in assets, 348 participants

Sumitomo Rubber USA, LLC's Sumitomo Rubber USA, LLC 1950 Pension Plan reported $329M in total assets and 348 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.

96th percentile by assets (of 116,472 plans)

Coverage in New York

Sumitomo Rubber USA, LLC 1950 Pension Plan covers 348 participants in New York, about 44% of the average New York filer (state average ~795 per filing). Assets: $329M.

$329M
total plan assets (2024 EOY): 348
covered participants: 96th
percentile by assets (of 116,472 plans): $945,691
avg assets per participant

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.

Sumitomo Rubber USA, LLC 1950 Pension Plan reported net income fell from $291K in the plan year 2023 filing to -$7M in the plan year 2024 filing.
Sumitomo Rubber USA, LLC 1950 Pension Plan end-of-year assets rose from $141M in the plan year 2023 filing to $329M in the plan year 2024 filing.
Sumitomo Rubber USA, LLC 1950 Pension Plan reported participants fell from 366 in the plan year 2023 filing to 348 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

New York

Industry

Manufacturing

Participants vs New York filers

In New York, the average filing covers about 795 participants across 8,491 plans. Sumitomo Rubber USA, LLC 1950 Pension Plan reports 348 participants - about 44% of that state average ($329M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)	$141M
Net Assets (End of Year)	$329M
Net Income	-$7M
Employer EIN	341899137
Plan Effective Date	1950-04-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Sumitomo Rubber USA, LLC)

Total plan assets by year, all Sumitomo Rubber USA, LLC plans on file

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

Nearby Defined Benefit (Pension) Plans in New York

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Sumitomo Rubber USA, LLC 1950 Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

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

Compare Sumitomo Rubber USA, LLC 1950 Pension Pl… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Sumitomo Rubber USA, LLC 1950 Pension Plan by total assets, not by location.

Mattel Cash Balance Plan (CA) $329M · 222
Otter Tail Corporation Pension Plan (MN) $329M · 311
Alaska Airlines, Inc. Retirement Plan for Salaried Employees (WA) $329M · 270
Masters, Mates & Pilots Pension Plan (MD) $328M · 640

Frequently Asked Questions

How did Sumitomo Rubber USA, LLC 1950 Pension Plan assets move in 2024? ▼

Sumitomo Rubber USA, LLC 1950 Pension Plan surged - up 132.8% during 2024, from $141M to $329M. Reported net income was -$7M.

How have Sumitomo Rubber USA, LLC plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Sumitomo Rubber USA, LLC's sponsor-wide assets grew 5.4%, from $511M to $538M.

Where does Sumitomo Rubber USA, LLC 1950 Pension Plan rank by assets among Form 5500 filers? ▼

Sumitomo Rubber USA, LLC 1950 Pension Plan ranks in the 96th 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 Defined Benefit (Pension) plans are similar in size to Sumitomo Rubber USA, LLC 1950 Pension Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Mattel Cash Balance Plan in CA ($329M, 222 participants).

Next read for Sumitomo Rubber USA, LLC 1950 Pension Pl…

Filing takeaways

Ways to act on Sumitomo Rubber USA, LLC 1950 Pension Plan's numbers.

By total assets, Sumitomo Rubber USA, LLC 1950 Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New York. Compare plans
Sumitomo Rubber USA, LLC's sponsor-wide assets have grown 5.4% 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 341899137.

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.