401(k) · DOL Form 5500 · 2022
Sorenson Communications LLC. 401(k) Plan
Data updated 2026-08-11
- $241M
- Total assets
- 11,172
- Participants
- 96th
- Percentile by assets
- $21,555
- Avg per participant
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.
- 96th percentile by assets (of 139,126 plans)
- #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.
- $241M
- total plan assets (2022 EOY)
- 11,172
- covered participants
- 96th
- percentile by assets (of 139,126 plans)
- $21,555
- avg assets per participant
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.
Participants vs Utah filers
In Utah, the average filing covers about 592 participants across 1,280 plans. Sorenson Communications, LLC. 401(k) Profit Sharing Plan reports 11,172 participants - 19x that state average ($241M EOY assets).
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.)
| 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.
Sorenson Communications, LLC. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Utah, assets vs. participants
- 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)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Sorenson Communications, LLC. 401(k) Profit Sharing Plan by total assets, not by location.
- 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
Frequently Asked Questions
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Filing takeaways
Ways to act on Sorenson Communications, LLC. 401(k) Profit Sharing Plan's numbers.
- By total assets, Sorenson Communications, LLC. 401(k) Profit Sharing Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Utah. Compare plans
- Sorenson Communications LLC.'s sponsor-wide assets have grown 31.4% since 2022 across 3 plan years on file. More Professional & Technical Services plans