Sumitomo Rubber North America 401(k) match, vesting and fees

Plan year 2024 filingFalken Tire Corporation 401(k) Plan · Plan 001 · EIN 95-4204189Updated Oct 2026

What Sumitomo Rubber North America's 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2024 filing reports $1.5M in employer contributions, about $3,033 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$94,146
Average account balance
532
Participants (end of year)
$47.5M
Plan assets (end of year)
0.29%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperVoya Retirement Insurance & AnnuitySchedule C ↗
Independent auditorSwenson Corporation (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

How the plan compares

Plan year 2024 medians for 502 defined-contribution plans in retail trade with 500 to 999 participants.

Sumitomo Rubber North America: employer contribution per participant$3,033
Peer median$928
Sumitomo Rubber North America: average balance$94,146
Peer median$40,685
Sumitomo Rubber North America: admin expenses ÷ assets0.29%
Peer median0.37%

Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.

Plan history

Plan assets went from $41.1M at the end of plan year 2021 to $47.5M at the end of plan year 2024.

$41.1M2021$34.9M2022$42M2023$47.5M2024
End-of-year figures from each plan year's Form 5500 filing for the Sumitomo Rubber North America plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
2024532$47.5M$1.5M$3,0330.29%Not publishedForm 5500 ↗
2023512$42M$1.5M$3,0190.32%Not publishedForm 5500 ↗
2022502$34.9M$1.4M$2,9740.34%Not publishedForm 5500 ↗
2021464$41.1M$1.4M$3,0850.39%Not publishedForm 5500 ↗

Common questions

Does Sumitomo Rubber North America match 401(k) contributions?

The match terms for the Falken Tire Corporation 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $1.5M in employer contributions, about $3,033 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Sumitomo Rubber North America 401(k) match vested?

The vesting schedule for the Falken Tire Corporation 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Sumitomo Rubber North America 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is Voya Retirement Insurance & Annuity. The plan administrator is Sumitomo Rubber North America.

I left Sumitomo Rubber North America. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Sumitomo Rubber North America, (909) 466-1116) or the recordkeeper, Voya Retirement Insurance & Annuity. The Sumitomo Rubber North America old 401(k) page lists the contacts from every plan filing. Find an old Sumitomo Rubber North America 401(k)

Data from the public Form 5500 annual reports Sumitomo Rubber North America filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Sumitomo Rubber North America. Not financial advice. Report a correction · Methodology