401(k) · DOL Form 5500 · 2024

Sumitomo Corporation of Americas 401(k) Plan

Data updated 2026-08-25

$55M
Total assets Below avg plan size
639
Participants Below avg headcount
85th
Percentile by assets National rank
$86,345
Avg per participant Below avg balance/head
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Official DOL plan name: Linder Industrial Machinery 401(k) Retirement Plan · Sponsored by Sumitomo Corporation of Americas · New York · Retail Trade

$55M in assets, 639 participants

Sumitomo Corporation of Americas's Linder Industrial Machinery 401(k) Retirement Plan reported $55M in total assets and 639 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.

  • #7,379 in Retail Trade (8,048 peers)

Where Linder Industrial Machinery 401(k) Retirement Plan sits by assets

Linder Industrial Machinery 401(k) Retirement Plan sits in the top quartile of all filed plans by assets, $55M for 639 participants (~$86,345/participant), up 16.0% in 2024.

#7,379
in Retail Trade (8,048 peers)
+16.0%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Linder Industrial Machinery 401(k) Retirement Plan's outsized position by total assets

Linder Industrial Machinery 401(k) Retirement Plan vs every filed plan by assets

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

$55,174,631 Top 15% higher than 85% 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

Linder Industrial Machinery 401(k) Retirement 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. Linder Industrial Machinery 401(k) Retirement Plan sits mid-pack in the medium band (639 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Linder Industrial Machinery 401(k) Retirement Plan end-of-year assets rose from $48M in the plan year 2023 filing to $55M in the plan year 2024 filing.
  • Linder Industrial Machinery 401(k) Retirement Plan reported net income fell from $9M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Linder Industrial Machinery 401(k) Retirement Plan reported participants rose from 579 in the plan year 2023 filing to 639 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 135612163 · Sumitomo Corporation of Americas PY 2024 · 401(k)

Linder Industrial Machinery 401(k) Retirement Plan · $55M · 639 · 85th

  • RANK $55M
  • PHOTO 639
  • IND 85th
  • EOY 401(k)
  • 5500 near Paragon Anesthesia 401(k) Plan
  • ASSETS ind #7379

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 Retail Trade retirement plans → · Plans in New York →

Linder Industrial Machinery 401(k) Retirement Plan in the asset neighbourhood

Paragon Anesthesia 401(k) PlanParagon Anesthesia 401(k) Pl…$55MAbc of Delaware 401(k) Plan$55MMclaughlin Gormley King Company Profit Sharing and Employee Savings PlanMclaughlin Gormley King Comp…$55MLinder Industrial Machinery 401(k) Retirement PlanLinder Industrial Machinery …$55MCredit Union of Southern California 401(k) Plan and TrustCredit Union of Southern Cal…$55M
End-of-year total assets ($M) among Linder Industrial Machinery 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$48M
Net Assets (End of Year)$55M
Net Income$8M
Employer EIN135612163
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sumitomo Corporation of Americas)

Sponsor-wide plan assets over time

All Sumitomo Corporation of Americas plans reported in each filing year

Latest sponsor-wide plan assets
$461M 34.310119088580045% vs 2022
2024 filing year
$300M$350M$400M$450M$500M 202220232024 $343M $461M ▲ +34.3%
Year Plans Participants Total Assets
2022 2 2,345 $343M
2023 2 2,519 $403M
2024 2 2,694 $461M

Nearby 401(k) Plans in New York

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

Linder Industrial Machinery 401(k) Retirement Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Linder Industrial Machinery 401(k) Retirement Plan, Total assets ($B): 0.055174631 · Participants: 639Linder Industrial Machinery 401(k) Retirement 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
Linder Industrial Machinery 401(k) Retirement Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Linder Industrial Machinery 401(k) Retirement Plan side-by-side with 3 peers →

Linder Industrial Machinery 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Paragon Anesthesia 401(k) Plan in TN ($55M); by covered participants it is Sprague Retirement Plan in NH (639 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (639 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 Linder Industrial Machinery 401(k) Retirement Plan assets move in 2024? ▼
Linder Industrial Machinery 401(k) Retirement Plan grew sharply - up 16.0% during 2024, from $48M to $55M. Reported net income was $8M.
How have Sumitomo Corporation of Americas plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sumitomo Corporation of Americas's sponsor-wide assets grew 34.3%, from $343M to $461M.
Where does Linder Industrial Machinery 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Linder Industrial Machinery 401(k) Retirement Plan ranks in the 85th 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 Linder Industrial Machinery 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Paragon Anesthesia 401(k) Plan in TN ($55M, 119 participants).
Which 401(k) plans cover a similar participant headcount to Linder Industrial Machinery 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Sprague Retirement Plan in NH (639 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 135612163.

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.