401(k) · DOL Form 5500 · 2024

Durez Corporation 401(k) Plan

Data updated 2026-08-25

$91M
Total assets Below avg plan size
664
Participants Below avg headcount
90th
Percentile by assets National rank
$137,421
Avg per participant Near avg balance/head
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Official DOL plan name: Sumitomo Bakelite NA Savings Plan · Sponsored by Durez Corporation · Michigan · Manufacturing

$91M in assets, 664 participants

Durez Corporation's Sumitomo Bakelite NA Savings Plan reported $91M in total assets and 664 participants in its 2024 DOL Form 5500 filing, ranking in the 90th 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.

  • #15,109 in Manufacturing (17,777 peers)

Where Sumitomo Bakelite NA Savings Plan sits by assets

Sumitomo Bakelite NA Savings Plan sits in the top 10% of all filed plans by assets, $91M for 664 participants (~$137,421/participant), up 13.9% in 2024.

#15,109
in Manufacturing (17,777 peers)
+13.9%
assets growth YoY
0.9×
vs typical plan assets (national mean)

Sumitomo Bakelite NA Savings Plan's outsized position by total assets

Sumitomo Bakelite NA Savings Plan vs every filed plan by assets

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

$91,247,368 Top 10% higher than 90% 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

Sumitomo Bakelite NA Savings 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. Sumitomo Bakelite NA Savings Plan sits mid-pack in the medium band (664 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sumitomo Bakelite NA Savings Plan reported net income rose from $9M in the plan year 2023 filing to $11M in the plan year 2024 filing.
  • Sumitomo Bakelite NA Savings Plan end-of-year assets rose from $80M in the plan year 2023 filing to $91M in the plan year 2024 filing.
  • Sumitomo Bakelite NA Savings Plan reported participants fell from 686 in the plan year 2023 filing to 664 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 522004847 · Durez Corporation PY 2024 · 401(k)

Sumitomo Bakelite NA Savings Plan · $91M · 664 · 90th

  • EIN $91M
  • EIN 664
  • EIN 90th
  • EIN 401(k)
  • EIN near Grand River Medical Group Retirement Plan
  • EIN ind #15109

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 Manufacturing retirement plans → · Plans in Michigan →

Sumitomo Bakelite NA Savings Plan in the asset neighbourhood

Grand River Medical Group Retirement PlanGrand River Medical Group Re…$91MUrology Healthcare Group, Inc. 401(k)/Profit Sharing PlanUrology Healthcare Group, In…$91MUnited Digestive 401(k) Plan$91MSumitomo Bakelite NA Savings PlanSumitomo Bakelite NA Savings…$91MSt. Joseph and Covenant Health Systems 403(b) PlanSt. Joseph and Covenant Heal…$91M
End-of-year total assets ($M) among Sumitomo Bakelite NA Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$80M
Net Assets (End of Year)$91M
Net Income$11M
Employer EIN522004847
Plan Effective Date2001-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Durez Corporation)

Sponsor-wide plan assets over time

All Durez Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$91M 29.17426174249143% vs 2022
2024 filing year
$60M$70M$80M$90M$100M 202220232024 $70.6M $91.3M ▲ +29.2%
Year Plans Participants Total Assets
2022 1 662 $71M
2023 1 686 $80M
2024 1 664 $91M

Nearby 401(k) Plans in Michigan

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

Sumitomo Bakelite NA Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Sumitomo Bakelite NA Savings Plan, Total assets ($B): 0.091247368 · Participants: 664Sumitomo Bakelite NA Savings PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 8.2932975 · Participants: 60497Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Sumitomo Bakelite NA Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Sumitomo Bakelite NA Savings Plan side-by-side with 3 peers →

Sumitomo Bakelite NA Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Grand River Medical Group Retirement Plan in IA ($91M); by covered participants it is Perkins School for the Blind Retirement Plan in MA (664 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (664 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 Sumitomo Bakelite NA Savings Plan assets move in 2024? ▼
Sumitomo Bakelite NA Savings Plan grew at a solid clip - up 13.9% during 2024, from $80M to $91M. Reported net income was $11M.
How have Durez Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Durez Corporation's sponsor-wide assets grew 29.2%, from $71M to $91M.
Where does Sumitomo Bakelite NA Savings Plan rank by assets among Form 5500 filers? ▼
Sumitomo Bakelite NA Savings Plan ranks in the 90th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Sumitomo Bakelite NA Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Grand River Medical Group Retirement Plan in IA ($91M, 415 participants).
Which 401(k) plans cover a similar participant headcount to Sumitomo Bakelite NA Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Perkins School for the Blind Retirement Plan in MA (664 participants, $80M 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 522004847.

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.