401(k) · DOL Form 5500 · 2022

Sound Credit Union 401(k) Plan

Data updated 2026-08-25

$34M
Total assets Below avg plan size
354
Participants Below avg headcount
84th
Percentile by assets National rank
$95,739
Avg per participant Below avg balance/head
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Official DOL plan name: Sound Credit Union 401(k) Retirement Savings Plan and Trust · Sponsored by Sound Credit Union · Washington · Finance & Insurance

$34M in assets, 354 participants

Sound Credit Union's Sound Credit Union 401(k) Retirement Savings Plan and Trust reported $34M in total assets and 354 participants in its 2022 DOL Form 5500 filing, ranking in the 84th 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.

  • #6,899 in Finance & Insurance (9,261 peers)

Coverage in Washington

Sound Credit Union 401(k) Retirement Savings Plan and Trust covers 354 participants in Washington, about 24% of the average Washington filer (state average ~1,476 per filing). Assets: $34M.

#6,899
in Finance & Insurance (9,261 peers)
-42.0%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $25M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Sound Credit Union 401(k) Retirement Savings Plan and Trust's outsized position by total assets

Sound Credit Union 401(k) Retirement Savings Plan and Trust vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$33,891,614 Top 16% higher than 84% of 139,123 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 2022

Sound Credit Union 401(k) Retirement Savings Plan and Trust among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sound Credit Union 401(k) Retirement Savings Plan and Trust sits mid-pack in the medium band (354 participants).

Plan-year Form 5500 strip

Filing strip 910557925 · Sound Credit Union PY 2022 · 401(k)

Sound Credit Union 401(k) Retirement Savings Plan and Trust · $34M · 354 · 84th

  • EIN $34M
  • EIN 354
  • EIN 84th
  • EIN 401(k)
  • EIN near Brake Parts Inc LLC 401(k) Plan
  • EIN ind #6899

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 Finance & Insurance retirement plans → · Plans in Washington →

Sound Credit Union 401(k) Retirement Savings Plan and Trust in the asset neighbourhood

The Widewaters Group Inc. Retirement Savings PlanThe Widewaters Group Inc. Re…$34MSound Credit Union 401(k) Retirement Savings Plan and TrustSound Credit Union 401(k) Re…$34MBrake Parts Inc LLC 401(k) PlanBrake Parts Inc LLC 401(k) P…$34MCroell, Inc. 401(k) Plan$34MHfs 401(k) Savings Plan$34M
End-of-year total assets ($M) among Sound Credit Union 401(k) Retirement Savings Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Washington filing particulars

Total Assets (Beginning of Year)$58M
Net Assets (End of Year)$34M
Net Income-$25M
Employer EIN910557925
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sound Credit Union)

Sponsor-wide plan assets over time

All Sound Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$58M 72.14586475580656% vs 2022
2024 filing year
$30M$40M$50M$60M$70M 202220232024 $33.9M $58.3M ▲ +72.1%
Year Plans Participants Total Assets
2022 1 354 $34M
2023 1 367 $47M
2024 1 402 $58M

Nearby 401(k) Plans in Washington

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

Sound Credit Union 401(k) Retirement Savings Plan and Trust vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -500000050000010000001500000 -20020406080 Total assets ($B) Participants Sound Credit Union 401(k) Retirement Savings Plan and Trust, Total assets ($B): 0.033891614 · Participants: 354Sound Credit Union 401(k) Retirement Savings Plan and TrustThe Boeing Company 401(k) Retirement Plan, Total assets ($B): 63.503643295 · Participants: 118434The Boeing Company 401(k) Retirement PlanMicrosoft Corporation Savings Plus 401(k) Plan, Total assets ($B): 39.602667639 · Participants: 109797Microsoft Corporation Savings Plus 401(k) PlanCostco 401(k) Retirement Plan, Total assets ($B): 25.912962472 · Participants: 181505Costco 401(k) Retirement PlanAmazon 401(k) Plan, Total assets ($B): 17.732345025 · Participants: 1230308Amazon 401(k) PlanT-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust, Total assets ($B): 7.280031396 · Participants: 75797T-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust
Sound Credit Union 401(k) Retirement Savings Plan and Trust vs. nearby 401(k) plans in Washington, assets vs. participants
Compare Sound Credit Union 401(k) Retirement Savings Plan and Trust side-by-side with 3 peers →

Sound Credit Union 401(k) Retirement Savings Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Washington, the nearest 401(k) by assets is Brake Parts Inc LLC 401(k) Plan in IL ($34M); by covered participants it is Mb Precision Company 401(k) Plan in CT (354 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($34M here).

Similar participant headcount

Nearest other-state filings by covered participants (354 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Sound Credit Union 401(k) Retirement Savings Plan and Trust assets move in 2022? ▼
Sound Credit Union 401(k) Retirement Savings Plan and Trust contracted severely - down 42.0% during 2022, from $58M to $34M. Reported net income was -$25M.
How have Sound Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sound Credit Union's sponsor-wide assets grew 72.1%, from $34M to $58M.
Where does Sound Credit Union 401(k) Retirement Savings Plan and Trust rank by assets among Form 5500 filers? ▼
Sound Credit Union 401(k) Retirement Savings Plan and Trust ranks in the 84th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Sound Credit Union 401(k) Retirement Savings Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Brake Parts Inc LLC 401(k) Plan in IL ($34M, 666 participants).
Which 401(k) plans cover a similar participant headcount to Sound Credit Union 401(k) Retirement Savings Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Mb Precision Company 401(k) Plan in CT (354 participants, $17M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 910557925.

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.