Sumitomo Corporation Of Americas 401(k) Plan: Login, Facts & Contact Information

Sumitomo Corporation Of Americas 401(k) Plan Facts

Plan name
THE SAFE HARBOR 401(K) PLAN
Plan type
401(k) with employer contributions
Plan sponsor
SUMITOMO CORPORATION OF AMERICAS
Participants
3,609 (2,101 active employees)
Former employees with a balance
1,415
Plan assets
$406,048,479 at Dec 31, 2024
Average account balance
$117,627 across 3,452 accounts
Employer contributions
$10,567,866 in plan year 2024 (34% of all contributions)
Recordkeeper
Transamerica Retirement Solutions
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jun 1, 2011
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments✓ Self-directed brokerage window— Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 15, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $30.8 million went into the plan in contributions, $10.6 million of it from the employer (34%).
  • $33.9 million was paid out to participants.
  • Investment and other income added $53.9 million.
  • Administrative expenses were $500,268, about $145 per account.

How the Sumitomo Corporation Of Americas 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20193,055$272.3 million$8.27 million$26.7 million
20203,351$342.8 million$8.51 million$34.5 million
20213,669$366.0 million$8.36 million$47.9 million
20223,410$304.7 million$8.58 million$28.0 million
20233,525$355.8 million$9.79 million$30.2 million
20243,609$406.0 million$10.6 million$33.9 million

Sumitomo Corporation Of Americas 401(k) Contact Information

Phone
212-207-0700
Mailing address
300 MADISON AVENUE, NEW YORK NY 10017
Plan sponsor
SUMITOMO CORPORATION OF AMERICAS
Employer identification number (EIN)
13-5612163
Plan number
005

Questions about the Sumitomo Corporation Of Americas 401(k)

Does Sumitomo Corporation Of Americas contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $10.6 million, 34% of all contributions.

Does the Sumitomo Corporation Of Americas 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Sumitomo Corporation Of Americas 401(k) plan?

3,609 participants at the start of plan year 2024, 2,101 of them active employees, and 1,415 former employees who still had money in the plan.

What is the average 401(k) balance at Sumitomo Corporation Of Americas?

About $117,627 per account: $406.0 million in plan assets across 3,452 accounts with a balance at the end of plan year 2024.

Who manages the Sumitomo Corporation Of Americas 401(k) accounts?

Transamerica (listed on the filing as TRANSAMERICA RETIREMENT SOLUTIONS) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Sumitomo Corporation Of Americas. How do I access my 401(k)?

Your account stays with Transamerica after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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