401(k) · DOL Form 5500 · 2022
Sorenson Communications LLC. 401(k) Plan
Data updated 2026-08-25
- $241M
- Total assets Near avg plan size
- 11,172
- Participants Very large workforce
- 96th
- Percentile by assets National rank
- $21,555
- Avg per participant Low balance/head
Official DOL plan name: Sorenson Communications, LLC. 401(k) Profit Sharing Plan · Sponsored by Sorenson Communications LLC. · Utah · Professional & Technical Services
$241M in assets, 11,172 participants
Sorenson Communications LLC.'s Sorenson Communications, LLC. 401(k) Profit Sharing Plan reported $241M in total assets and 11,172 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.
- #20,970 in Professional & Technical Services (21,562 peers)
Coverage in Utah
Sorenson Communications, LLC. 401(k) Profit Sharing Plan covers 11,172 participants in Utah, 19x the typical Utah plan (state average ~592 per filing). Assets: $241M.
- #20,970
- in Professional & Technical Services (21,562 peers)
- -15.5%
- assets change YoY
- 2.4×
- vs typical plan assets (national mean)
The plan reported a net loss of $44M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Sorenson Communications, LLC. 401(k) Profit Sharing Plan's outsized position by total assets
Sorenson Communications, LLC. 401(k) Profit Sharing Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$240,808,108 Top 4% higher than 96% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Sorenson Communications, LLC. 401(k) Profit Sharing Plan's mega-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sorenson Communications, LLC. 401(k) Profit Sharing Plan is a mega filing (11,172 participants), the rightmost band on the breakdown.
Plan-year Form 5500 strip
Filing strip 870650555 · Sorenson Communications LLC. PY 2022 · 401(k)
Sorenson Communications, LLC. 401(k) Profit Sharing Plan · $241M · 11,172 · 96th
- RANK $241M
- PHOTO 11,172
- IND 96th
- EOY 401(k)
- 5500 near Virginia Hospital Center 401(k) Plan
- ASSETS ind #20970
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 Professional & Technical Services retirement plans → · Plans in Utah →
Sorenson Communications, LLC. 401(k) Profit Sharing Plan in the asset neighbourhood
Utah filing particulars
| Total Assets (Beginning of Year) | $285M |
|---|---|
| Net Assets (End of Year) | $241M |
| Net Income | -$44M |
| Employer EIN | 870650555 |
| Plan Effective Date | 2005-11-11 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Sorenson Communications LLC.)
Sponsor-wide plan assets over time
All Sorenson Communications LLC. plans reported in each filing year
- Latest sponsor-wide plan assets
- $317M 31.443772649050505% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 11,172 | $241M |
| 2023 | 1 | 8,931 | $275M |
| 2024 | 1 | 7,056 | $317M |
Nearby 401(k) Plans in Utah
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Deseret 401(k) Plan $4.7B · 23,455
- Intermountain Healthcare Savings Plus 401(k) Plan $3.6B · 42,446
- Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan $1.5B · 9,870
- Skywest, Inc. Employees' Retirement Plan $952M · 16,878
- Autoliv Asp, Inc. Employee Savings and Investment Plan $588M · 4,068
Scale composition for Sorenson Communications, LLC. 401(k) Profit Sharing Plan
Sorenson Communications, LLC. 401(k) Profit Sharing Plan reports $241M in end-of-year assets across 11,172 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.012% of 93,925,755 covered participants) - about $21,555 per participant (16% of the national average assets-per-participant) . Net income for plan year 2022 was -$44M.
This plan identity (EIN 870650555, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $241M to $317M (+31.4%) while covered participants moved from 11,172 to 7,056 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 11,172 | $241M | This page |
| 2023 | 8,931 | $275M | Open filing |
| 2024 · index core | 7,056 | $317M | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Sorenson Communications, LLC. 401(k) Profit Sharing Plan (401(k), $317M, 7,056 participants)
Sorenson Communications, LLC. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount
Outside Utah, the nearest 401(k) by assets is Virginia Hospital Center 401(k) Plan in VA ($241M); by covered participants it is Sp+ 401(k) Savings Plan in IL (11,171 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($241M here).
- Virginia Hospital Center 401(k) Plan (VA) $241M · 3,080
- Reinhart Boerner Van Deuren, S.C. 401(k) Profit Sharing Plan (WI) $241M · 291
- Ellwood 401(k) Retirement Plan (PA) $241M · 1,331
- The Luther Holding Company Savings Plus Retirement Plan (MN) $241M · 3,803
Similar participant headcount
Nearest other-state filings by covered participants (11,172 participants); asset peers above are excluded.
- Sp+ 401(k) Savings Plan (IL) 11,171 · 1 off
- Ovg360 401(k) Plan (PA) 11,173 · 1 off
- Loandepot 401(k) Plan (CA) 11,180 · 8 off
- 99 Cents Only Stores LLC 401(k) Plan (CA) 11,184 · 12 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.