401(k) · DOL Form 5500 · 2024
Sumitomo Corporation of Americas 401(k) Plan
Data updated 2026-08-11
- $406M
- Total assets
- 2,055
- Participants
- 97th
- Percentile by assets
- $197,591
- Avg per participant
Official DOL plan name: The Safe Harbor 401(k) Plan · Sponsored by Sumitomo Corporation of Americas · New York · Wholesale Trade
$406M in assets, 2,055 participants
Sumitomo Corporation of Americas's The Safe Harbor 401(k) Plan reported $406M in total assets and 2,055 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.
- 97th percentile by assets (of 123,622 plans)
- #5,947 in Wholesale Trade (6,080 peers)
Coverage in New York
The Safe Harbor 401(k) Plan covers 2,055 participants in New York, 2.6x the typical New York plan (state average ~798 per filing). Assets: $406M.
- $406M
- total plan assets (2024 EOY)
- 2,055
- covered participants
- 97th
- percentile by assets (of 123,622 plans)
- $197,591
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- The Safe Harbor 401(k) Plan end-of-year assets rose from $356M in the plan year 2023 filing to $406M in the plan year 2024 filing.
- The Safe Harbor 401(k) Plan reported participants rose from 1,940 in the plan year 2023 filing to 2,055 in the plan year 2024 filing.
- The Safe Harbor 401(k) Plan reported net income fell from $51M in the plan year 2023 filing to $50M in the plan year 2024 filing.
Participants vs New York filers
In New York, the average filing covers about 798 participants across 9,061 plans. The Safe Harbor 401(k) Plan reports 2,055 participants - 2.6x that state average ($406M EOY assets).
New York filing particulars
| Total Assets (Beginning of Year) | $356M |
|---|---|
| Net Assets (End of Year) | $406M |
| Net Income | $50M |
| Employer EIN | 135612163 |
| Plan Effective Date | 2011-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Sumitomo Corporation of Americas)
| 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.
The Safe Harbor 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants
- IBM 401(k) Plan $60.4B · 52,674
- Morgan Stanley 401(k) Plan $22.2B · 53,860
- Pfizer Savings Plan $22.0B · 33,309
- The Pepsico Savings Plan $14.9B · 137,398
- The Goldman Sachs 401(k) Plan $12.8B · 23,227
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to The Safe Harbor 401(k) Plan by total assets, not by location.
- Co-Op Pension Plan (TN) $406M · 3,312
- Wiss, Janney, Elstner Associates, Inc. 401(k) Plan (IL) $406M · 821
- Premise Health 401(k) Plan (TN) $406M · 5,834
- Hoffman Hoffman Inc Employee Stock Ownership Plan (NC) $406M · 826
Frequently Asked Questions
How did The Safe Harbor 401(k) Plan assets move in 2024? ▼
How have Sumitomo Corporation of Americas plan assets changed over time? ▼
Where does The Safe Harbor 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to The Safe Harbor 401(k) Plan? ▼
Next read for The Safe Harbor 401(k) Plan
Filing takeaways
Ways to act on The Safe Harbor 401(k) Plan's numbers.
- By total assets, The Safe Harbor 401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in New York. Compare plans
- Sumitomo Corporation of Americas's sponsor-wide assets have grown 34.3% since 2022 across 3 plan years on file. More Wholesale Trade plans