401(k) · DOL Form 5500 · 2022

Sopheon Corporation 401(k) Plan

Data updated 2026-08-11

$18M
Total assets
115
Participants
76th
Percentile by assets
$158,718
Avg per participant
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Official DOL plan name: Sopheon 401(k) Profit Sharing Plan · Sponsored by Sopheon Corporation · Minnesota · Professional & Technical Services

$18M in assets, 115 participants

Sopheon Corporation's Sopheon 401(k) Profit Sharing Plan reported $18M in total assets and 115 participants in its 2022 DOL Form 5500 filing, ranking in the 76th 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.

  • 76th percentile by assets (of 139,126 plans)
  • #16,380 in Professional & Technical Services (21,562 peers)

Coverage in Minnesota

Sopheon 401(k) Profit Sharing Plan covers 115 participants in Minnesota, about 10% of the average Minnesota filer (state average ~1,126 per filing). Assets: $18M.

$18M
total plan assets (2022 EOY)
115
covered participants
76th
percentile by assets (of 139,126 plans)
$158,718
avg assets per participant

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Sopheon 401(k) Profit Sharing Plan sits by total assets

Sopheon 401(k) Profit Sharing Plan vs every filed plan by assets

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

$18,252,535 Top 24% higher than 76% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
Minnesota
Industry
Professional & Technical Services

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Sopheon 401(k) Profit Sharing Plan reports 115 participants - about 10% of that state average ($18M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$23M
Net Assets (End of Year)$18M
Net Income-$5M
Employer EIN411967943
Plan Effective Date1989-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sopheon Corporation)

$17M$18M$19M$20M$21M$22M 202220232024 $18.3M $21.3M ▲ +16.8%
Total plan assets by year, all Sopheon Corporation plans on file
Year Plans Participants Total Assets
2022 1 115 $18M
2023 1 115 $21M
2024 1 106 $21M

Nearby 401(k) Plans in Minnesota

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

Sopheon 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Sopheon 401(k) Profi…, Total assets ($B): 0.018252535 · Participants: 115Sopheon 401(k) Profi…Unitedhealth Group 4…, Total assets ($B): 18.576379778 · Participants: 176886Unitedhealth Group 4…Medtronic Savings an…, Total assets ($B): 12.198295 · Participants: 38825Medtronic Savings an…Target Corporation 4…, Total assets ($B): 11.216824857 · Participants: 400422Target Corporation 4…3M Voluntary Investm…, Total assets ($B): 11.138527656 · Participants: 371593M Voluntary Investm…U.S. Bank 401(k) Sav…, Total assets ($B): 8.266408521 · Participants: 67646U.S. Bank 401(k) Sav…
Sopheon 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Sopheon 401(k) Profit Sharing Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Sopheon 401(k) Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Sopheon 401(k) Profit Sharing Plan assets move in 2022? ▼
Sopheon 401(k) Profit Sharing Plan declined sharply - down 21.0% during 2022, from $23M to $18M. Reported net income was -$5M.
How have Sopheon Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sopheon Corporation's sponsor-wide assets grew 16.7%, from $18M to $21M.
Where does Sopheon 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Sopheon 401(k) Profit Sharing Plan ranks in the 76th 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 Sopheon 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Matterport, Inc. 401(k) Plan in CA ($18M, 358 participants).

Next read for Sopheon 401(k) Profit Sharing Plan

Filing takeaways

Ways to act on Sopheon 401(k) Profit Sharing Plan's numbers.

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 411967943.

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.