401(k) · DOL Form 5500 · 2022

Sound Inpatient Physicians, Inc. 401(k) Plan

Data updated 2026-08-11

$406M
Total assets
4,645
Participants
97th
Percentile by assets
$87,452
Avg per participant
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Official DOL plan name: Sound Physicians 401(k) Plan · Sponsored by Sound Inpatient Physicians, Inc. · Washington · Healthcare & Social Assistance

$406M in assets, 4,645 participants

Sound Inpatient Physicians, Inc.'s Sound Physicians 401(k) Plan reported $406M in total assets and 4,645 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 139,126 plans)
  • #19,607 in Healthcare & Social Assistance (20,060 peers)

Coverage in Washington

Sound Physicians 401(k) Plan covers 4,645 participants in Washington, 3.1x the typical Washington plan (state average ~1,476 per filing). Assets: $406M.

$406M
total plan assets (2022 EOY)
4,645
covered participants
97th
percentile by assets (of 139,126 plans)
$87,452
avg assets per participant

The plan reported a net loss of $29M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs Washington filers

In Washington, the average filing covers about 1,476 participants across 2,612 plans. Sound Physicians 401(k) Plan reports 4,645 participants - 3.1x that state average ($406M EOY assets).

Washington filing particulars

Total Assets (Beginning of Year)$434M
Net Assets (End of Year)$406M
Net Income-$29M
Employer EIN203050924
Plan Effective Date2005-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sound Inpatient Physicians, Inc.)

$350M$400M$450M$500M$550M$600M 202220232024 $406M $557M ▲ +37.1%
Total plan assets by year, all Sound Inpatient Physicians, Inc. plans on file
Year Plans Participants Total Assets
2022 1 4,645 $406M
2023 1 4,956 $511M
2024 1 4,698 $557M

Nearby 401(k) Plans in Washington

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

Sound Physicians 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants

Sound Physicians 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -500000050000010000001500000 -20020406080 Total assets ($B) Participants Sound Physicians 401…The Boeing Company 4…Microsoft Corporatio…Costco 401(k) Retire…Amazon 401(k) PlanT-Mobile USA, Inc. 4…
Sound Physicians 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Sound Physicians 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Sound Physicians 401(k) Plan assets move in 2022?
Sound Physicians 401(k) Plan pulled back noticeably - down 6.5% during 2022, from $434M to $406M. Reported net income was -$29M.
How have Sound Inpatient Physicians, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Sound Inpatient Physicians, Inc.'s sponsor-wide assets grew 37.1%, from $406M to $557M.
Where does Sound Physicians 401(k) Plan rank by assets among Form 5500 filers?
Sound Physicians 401(k) Plan ranks in the 97th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Sound Physicians 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Engage Peo Retirement Savings Plan in FL ($406M, 19,783 participants).

Filing takeaways

Ways to act on Sound Physicians 401(k) Plan's numbers.