401(k) · DOL Form 5500 · 2022

Sound Community Bank 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
143
Participants Small participant base
65th
Percentile by assets National rank
$72,011
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Sound Community Bank 401(k) Profit Sharing Plan · Sponsored by Sound Community Bank · Washington · Finance & Insurance

$10M in assets, 143 participants

Sound Community Bank's Sound Community Bank 401(k) Profit Sharing Plan reported $10M in total assets and 143 participants in its 2022 DOL Form 5500 filing, ranking in the 65th 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.

  • #4,531 in Finance & Insurance (9,261 peers)

Coverage in Washington

Sound Community Bank 401(k) Profit Sharing Plan covers 143 participants in Washington, about 10% of the average Washington filer (state average ~1,476 per filing). Assets: $10M.

#4,531
in Finance & Insurance (9,261 peers)
-8.7%
assets change YoY

The plan reported a net loss of $985K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Sound Community Bank 401(k) Profit Sharing Plan's mid-pack asset rank among Finance & Insurance and all filers

Sound Community Bank 401(k) Profit Sharing Plan vs every filed plan by assets

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

$10,297,584 Top 35% higher than 65% 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

Sound Community Bank 401(k) Profit Sharing 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. Sound Community Bank 401(k) Profit Sharing Plan sits mid-pack in the medium band (143 participants).

DOL schedule card

Filing strip 910619653 · Sound Community Bank PY 2022 · 401(k)

Sound Community Bank 401(k) Profit Sharing Plan · $10M · 143 · 65th

  • ASSETS $10M
  • PCT 143
  • EIN 65th
  • RANK 401(k)
  • PHOTO near Del Automotive Group Retirement Plan
  • IND ind #4531

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 Finance & Insurance retirement plans → · Plans in Washington →

Sound Community Bank 401(k) Profit Sharing Plan in the asset neighbourhood

Sound Community Bank 401(k) Profit Sharing PlanSound Community Bank 401(k) …$10MDel Automotive Group Retirement PlanDel Automotive Group Retirem…$10MKeymark-Kasson & Keller Inc. 401(k) PlanKeymark-Kasson & Keller Inc.…$10MNorth Dakota Farmers Union Employee Salary Savings PlanNorth Dakota Farmers Union E…$10MCreekstone Farms Premium Beef, LLC 401(k) PlanCreekstone Farms Premium Bee…$10M
End-of-year total assets ($M) among Sound Community Bank 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Washington filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$10M
Net Income-$985K
Employer EIN910619653
Plan Effective Date2002-10-02
Filing StatusFILING RECEIVED

Sponsor Plan History (Sound Community Bank)

Sponsor-wide plan assets over time

All Sound Community Bank plans reported in each filing year

Latest sponsor-wide plan assets
$25M 50.07078747220213% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $16.8M $25.2M ▲ +50.0%
Year Plans Participants Total Assets
2022 2 226 $17M
2023 2 295 $20M
2024 2 250 $25M

Nearby 401(k) Plans in Washington

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

Sound Community Bank 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -500000050000010000001500000 -20020406080 Total assets ($B) Participants Sound Community Bank 401(k) Profit Sharing Plan, Total assets ($B): 0.010297584 · Participants: 143Sound Community Bank 401(k) Profit Sharing PlanThe Boeing Company 401(k) Retirement Plan, Total assets ($B): 63.503643295 · Participants: 118434The Boeing Company 401(k) Retirement PlanMicrosoft Corporation Savings Plus 401(k) Plan, Total assets ($B): 39.602667639 · Participants: 109797Microsoft Corporation Savings Plus 401(k) PlanCostco 401(k) Retirement Plan, Total assets ($B): 25.912962472 · Participants: 181505Costco 401(k) Retirement PlanAmazon 401(k) Plan, Total assets ($B): 17.732345025 · Participants: 1230308Amazon 401(k) PlanT-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust, Total assets ($B): 7.280031396 · Participants: 75797T-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust
Sound Community Bank 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Washington, assets vs. participants
Compare Sound Community Bank 401(k) Profit Sharing Plan side-by-side with 3 peers →

Sound Community Bank 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Washington, the nearest 401(k) by assets is Del Automotive Group Retirement Plan in PA ($10M); by covered participants it is Novidea Healthcare, Inc. Profit Sharing Plan and Trust in OH (143 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (143 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 Sound Community Bank 401(k) Profit Sharing Plan assets move in 2022? ▼
Sound Community Bank 401(k) Profit Sharing Plan pulled back noticeably - down 8.7% during 2022, from $11M to $10M. Reported net income was -$985K.
How have Sound Community Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sound Community Bank's sponsor-wide assets grew 50.1%, from $17M to $25M.
Which 401(k) plans are similar in size to Sound Community Bank 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Del Automotive Group Retirement Plan in PA ($10M, 135 participants).
Which 401(k) plans cover a similar participant headcount to Sound Community Bank 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Novidea Healthcare, Inc. Profit Sharing Plan and Trust in OH (143 participants, N/A in assets).

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 910619653.

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.