Sumitomo Rubber USA 401(k) match, vesting and fees

Plan year 2024 filingSumitomo Rubber USA, LLC Employee Savings Plan for Bargaining Unit Employees · Plan 010 · EIN 34-1899137Updated Oct 2026

What Sumitomo Rubber USA'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 $4.8M in employer contributions, about $3,327 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$96,856
Average account balance
1,472
Participants (end of year)
$140M
Plan assets (end of year)
0.22%
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.

RecordkeeperEmpower Annuity Insurance Company OSchedule C ↗
Independent auditorBober Markey Fedorovich & Compa (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗
Late participant contributionsReported on the filingSchedule H ↗

How the plan compares

Plan year 2024 medians for 1,619 defined-contribution plans in manufacturing with 1,000 to 4,999 participants.

Sumitomo Rubber USA: employer contribution per participant$3,327
Peer median$2,413
Sumitomo Rubber USA: average balance$96,856
Peer median$86,456
Sumitomo Rubber USA: admin expenses ÷ assets0.22%
Peer median0.12%

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 $129M at the end of plan year 2021 to $140M at the end of plan year 2024.

$129M2021$106M2022$123M2023$140M2024
End-of-year figures from each plan year's Form 5500 filing for the Sumitomo Rubber USA plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
20241,472$140M$4.8M$3,3270.22%Not publishedForm 5500 ↗
20231,399$123M$4.6M$3,3360.23%Not publishedForm 5500 ↗
20221,342$106M$4.7M$3,5410.22%Not publishedForm 5500 ↗
20211,344$129M$4.6M$3,5070.21%Not publishedForm 5500 ↗

Other Sumitomo Rubber USA plans (4)

Each plan files its own Form 5500. Figures are from each plan's latest filing.

Sumitomo Rubber USA LLC Employee Savings Plan for Salaried Employees

Plan 009 · EIN 34-1899137 · plan year 2024 filing
$121,494
Average account balance
578
Participants (end of year)
$69M
Plan assets (end of year)
0.14%
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.

RecordkeeperEmpower Annuity Insurance Company OSchedule C ↗
Independent auditorBober Markey Fedorovich & Compa (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗
Late participant contributionsReported on the filingSchedule H ↗

Sumitomo Rubber USA, LLC 1950 Pension Plan

Plan 002 · EIN 34-1899137 · plan year 2024 filing
$114,192
Average account balance
2,882
Participants (end of year)
$329M
Plan assets (end of year)
0.00%
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.

Independent auditorBober Markey Fedorovich & Company (unmodified opinion, limited scope)Schedule H ↗
Plan type and statusPension (defined benefit) · ActiveForm 5500 ↗

Sumitomo Rubber USA, LLC Salaried Employees Retirement Plan

Plan 001 · EIN 34-1899137 · plan year 2024 filing · terminated
—
Average account balance
0
Participants (end of year)
$0
Plan assets (end of year)
0.00%
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.

Independent auditorBober, Markey, Fedorovich & Company (unmodified opinion, limited scope)Schedule H ↗
Plan type and statusPension (defined benefit) · Terminated (final filing)Form 5500 ↗

Sumitomo Rubber USA, LLC 1970 Pension Plan

Plan 004 · EIN 34-1899137 · plan year 2024 filing · terminated
—
Average account balance
0
Participants (end of year)
$0
Plan assets (end of year)
0.00%
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.

Independent auditorBober Markey Fedorovich & Company (unmodified opinion, limited scope)Schedule H ↗
Plan type and statusPension (defined benefit) · Terminated (final filing)Form 5500 ↗

Common questions

Does Sumitomo Rubber USA match 401(k) contributions?

The match terms for the Sumitomo Rubber USA, LLC Employee Savings Plan for Bargaining Unit Employees have not been published from its filing yet. The plan year 2024 filing reports $4.8M in employer contributions, about $3,327 per participant. That total includes any match and profit-sharing; it is not a match formula.

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

The vesting schedule for the Sumitomo Rubber USA, LLC Employee Savings Plan for Bargaining Unit Employees is not in the data published so far. Your Summary Plan Description states it.

Who manages the Sumitomo Rubber USA 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance Company O. The plan administrator is Sumitomo Rubber USA, LLC.

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

Your account stays in the plan until you move it. Contact the plan administrator (Sumitomo Rubber USA, LLC, (716) 879-8208) or the recordkeeper, Empower Annuity Insurance Company O. The Sumitomo Rubber USA old 401(k) page lists the contacts from every plan filing. Find an old Sumitomo Rubber USA 401(k)

Data from the public Form 5500 annual reports Sumitomo Rubber USA 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 USA. Not financial advice. Report a correction · Methodology