401(k) · DOL Form 5500 · 2022

Sofie Network Inc. 401(k) Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
256
Participants Below avg headcount
75th
Percentile by assets National rank
$67,128
Avg per participant Below avg balance/head
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Official DOL plan name: Sofie Network 401(k) Plan · Sponsored by Sofie Network Inc. · Virginia · Retail Trade

$17M in assets, 256 participants

Sofie Network Inc.'s Sofie Network 401(k) Plan reported $17M in total assets and 256 participants in its 2022 DOL Form 5500 filing, ranking in the 75th 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.

  • #8,061 in Retail Trade (9,519 peers)

Coverage in Virginia

Sofie Network 401(k) Plan covers 256 participants in Virginia, about 33% of the average Virginia filer (state average ~782 per filing). Assets: $17M.

#8,061
in Retail Trade (9,519 peers)
-15.2%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Sofie Network 401(k) Plan's outsized position by total assets

Sofie Network 401(k) Plan vs every filed plan by assets

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

$17,184,775 Top 25% higher than 75% 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

Sofie Network 401(k) Plan 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. Sofie Network 401(k) Plan sits mid-pack in the medium band (256 participants).

Published 5500 schedule card

Filing strip 821041795 · Sofie Network Inc. PY 2022 · 401(k)

Sofie Network 401(k) Plan · $17M · 256 · 75th

  • TYPE $17M
  • NET 256
  • BOOK 75th
  • VS-ST 401(k)
  • BOY near Birkenstock 401(k) Plan
  • SCH ind #8061

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 Retail Trade retirement plans → · Plans in Virginia →

Sofie Network 401(k) Plan in the asset neighbourhood

Noise Vibration Technology (Nvt) 401(k) PlanNoise Vibration Technology (…$17MSofie Network 401(k) Plan$17MBirkenstock 401(k) Plan$17MFreeland Group Restaurants 401(k) PlanFreeland Group Restaurants 4…$17MFarmers Coop Society 401(k) Profit Sharing PlanFarmers Coop Society 401(k) …$17M
End-of-year total assets ($M) among Sofie Network 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Virginia filing particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$17M
Net Income-$3M
Employer EIN821041795
Plan Effective Date2004-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sofie Network Inc.)

Sponsor-wide plan assets over time

All Sofie Network Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$25M 45.74477117099293% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $17.2M $25.1M ▲ +45.8%
Year Plans Participants Total Assets
2022 1 256 $17M
2023 1 356 $21M
2024 1 400 $25M

Nearby 401(k) Plans in Virginia

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

Sofie Network 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -10010203040 Total assets ($B) Participants Sofie Network 401(k) Plan, Total assets ($B): 0.017184775 · Participants: 256Sofie Network 401(k) PlanNorthrop Grumman Savings Plan, Total assets ($B): 32.567331218 · Participants: 92420Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 12.972737361 · Participants: 61481401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 9.624791923 · Participants: 36822General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 8.665678993 · Participants: 26125Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 8.232987243 · Participants: 31556Bae Systems Employees' Savings and Investment Plan
Sofie Network 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Sofie Network 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Birkenstock 401(k) Plan in CA ($17M); by covered participants it is Pacific Gateway Concessions, LLC 401(k) Plan in CA (256 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($17M here).

Similar participant headcount

Nearest other-state filings by covered participants (256 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 Sofie Network 401(k) Plan assets move in 2022?
Sofie Network 401(k) Plan declined sharply - down 15.2% during 2022, from $20M to $17M. Reported net income was -$3M.
How have Sofie Network Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Sofie Network Inc.'s sponsor-wide assets grew 45.7%, from $17M to $25M.
Where does Sofie Network 401(k) Plan rank by assets among Form 5500 filers?
Sofie Network 401(k) Plan ranks in the 75th 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 Sofie Network 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Birkenstock 401(k) Plan in CA ($17M, 178 participants).
Which 401(k) plans cover a similar participant headcount to Sofie Network 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Pacific Gateway Concessions, LLC 401(k) Plan in CA (256 participants, $2M in assets).