ESOP · DOL Form 5500 · 2022

Sound Financial Bancorp, Inc. ESOP

Data updated 2026-08-25

$6M
Total assets Small plan by assets
83
Participants Small participant base
56th
Percentile by assets National rank
$78,167
Avg per participant Below avg balance/head
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Official DOL plan name: Sound Financial Bancorp, Inc. Employee Stock Ownership Plan · Sponsored by Sound Financial Bancorp, Inc. · Washington · Management of Enterprises

$6M in assets, 83 participants

Sound Financial Bancorp, Inc.'s Sound Financial Bancorp, Inc. Employee Stock Ownership Plan reported $6M in total assets and 83 participants in its 2022 DOL Form 5500 filing, ranking in the 56th 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.

  • #430 in Management of Enterprises (1,193 peers)

Management of Enterprises sector rank

Within Management of Enterprises, Sound Financial Bancorp, Inc. Employee Stock Ownership Plan ranks #430 of 1,193 2022 filers by assets (5480% of the sector average)-$6M for 83 participants.

#430
in Management of Enterprises (1,193 peers)
-6.4%
assets change YoY

The plan reported a net loss of $442K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Sound Financial Bancorp, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Management of Enterprises and all filers

Sound Financial Bancorp, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$6,487,872 Top 44% higher than 56% 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 Financial Bancorp, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sound Financial Bancorp, Inc. Employee Stock Ownership Plan is a small filing (83 participants) on this national headcount ladder.

DOL schedule card

Filing strip 910619653 · Sound Financial Bancorp, Inc. PY 2022 · ESOP

Sound Financial Bancorp, Inc. Employee Stock Ownership Plan · $6M · 83 · 56th

  • PART $6M
  • PART 83
  • PART 56th
  • PART ESOP
  • PART near Sweatt Construction, Inc. Employee Stock Ownership Plan
  • PART ind #430

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 What is an ESOP? → · Plans in Washington →

Sound Financial Bancorp, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Sound Financial Bancorp, Inc. Employee Stock Ownership PlanSound Financial Bancorp, Inc…$6MSweatt Construction, Inc. Employee Stock Ownership PlanSweatt Construction, Inc. Em…$6MJohnston Construction Company Employee Stock Ownership PlanJohnston Construction Compan…$6MOff Road Equipment Parts, Inc. Employee Stock Ownership PlanOff Road Equipment Parts, In…$6MDaubert Industries Inc. Employee Stock Ownership PlanDaubert Industries Inc. Empl…$6M
End-of-year total assets ($M) among Sound Financial Bancorp, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Management of Enterprises filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$6M
Net Income-$442K
Employer EIN910619653
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sound Financial Bancorp, Inc.)

Sponsor-wide plan assets over time

All Sound Financial Bancorp, Inc. 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 ESOP Plans in Washington

Peer ESOP plans, same state, same plan type, ranked by total assets.

Sound Financial Bancorp, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Washington, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 -0.500.511.52 Total assets ($B) Participants Sound Financial Bancorp, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.006487872 · Participants: 83Sound Financial Bancorp, Inc. Employee Stock Ownership PlanSchweitzer Engineering Laboratories, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.763037695 · Participants: 3621Schweitzer Engineering Laboratories, Inc. Employee Stock Ownership PlanTriple B Corporation Employee Stock Ownership Plan, Total assets ($B): 0.282617196 · Participants: 1096Triple B Corporation Employee Stock Ownership PlanManson Construction Co. Non-Craft Employee Stock Ownership Plan, Total assets ($B): 0.151972472 · Participants: 322Manson Construction Co. Non-Craft Employee Stock Ownership PlanPoint B, Inc. Employee Stock Ownership Plan and Trust, Total assets ($B): 0.142690764 · Participants: 768Point B, Inc. Employee Stock Ownership Plan and TrustThe Plexsys Interface Products, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.131317752 · Participants: 211The Plexsys Interface Products, Inc. Employee Stock Ownership Plan
Sound Financial Bancorp, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Washington, assets vs. participants
Compare Sound Financial Bancorp, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Sound Financial Bancorp, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Washington, the nearest ESOP by assets is Sweatt Construction, Inc. Employee Stock Ownership Plan in NM ($6M); by covered participants it is Hilbers, Inc. Employee Stock Ownership Plan in CA (83 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (83 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 Financial Bancorp, Inc. Employee Stock Ownership Plan assets move in 2022? ▼
Sound Financial Bancorp, Inc. Employee Stock Ownership Plan pulled back noticeably - down 6.4% during 2022, from $7M to $6M. Reported net income was -$442K.
How have Sound Financial Bancorp, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sound Financial Bancorp, Inc.'s sponsor-wide assets grew 50.1%, from $17M to $25M.
Which ESOP plans are similar in size to Sound Financial Bancorp, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Sweatt Construction, Inc. Employee Stock Ownership Plan in NM ($6M, 95 participants).
Which ESOP plans cover a similar participant headcount to Sound Financial Bancorp, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Hilbers, Inc. Employee Stock Ownership Plan in CA (83 participants, $2M 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.