401(k) · DOL Form 5500 · 2023

Sovos Compliance, LLC 401(k) Plan

Data updated 2026-08-25

$78M
Total assets Below avg plan size
978
Participants Near avg headcount
89th
Percentile by assets National rank
$79,892
Avg per participant Below avg balance/head
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Official DOL plan name: Sovos Compliance, LLC 401(k) Retirement Plan · Sponsored by Sovos Compliance, LLC · Massachusetts · Information & Media

$78M in assets, 978 participants

Sovos Compliance, LLC's Sovos Compliance, LLC 401(k) Retirement Plan reported $78M in total assets and 978 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • #2,397 in Information & Media (2,818 peers)

Where Sovos Compliance, LLC 401(k) Retirement Plan sits by assets

Sovos Compliance, LLC 401(k) Retirement Plan sits in the top quartile of all filed plans by assets, $78M for 978 participants (~$79,892/participant), up 30.0% in 2023.

#2,397
in Information & Media (2,818 peers)
+30.0%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Sovos Compliance, LLC 401(k) Retirement Plan's outsized position by total assets

Sovos Compliance, LLC 401(k) Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$78,133,958 Top 11% higher than 89% of 127,068 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 2023

Sovos Compliance, LLC 401(k) Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sovos Compliance, LLC 401(k) Retirement Plan sits mid-pack in the medium band (978 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sovos Compliance, LLC 401(k) Retirement Plan reported net income rose from $779K in the plan year 2022 filing to $18M in the plan year 2023 filing.
  • Sovos Compliance, LLC 401(k) Retirement Plan end-of-year assets rose from $60M in the plan year 2022 filing to $78M in the plan year 2023 filing.
  • Sovos Compliance, LLC 401(k) Retirement Plan reported participants rose from 811 in the plan year 2022 filing to 978 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 461379693 · Sovos Compliance, LLC PY 2023 · 401(k)

Sovos Compliance, LLC 401(k) Retirement Plan · $78M · 978 · 89th

  • NET $78M
  • NET 978
  • NET 89th
  • NET 401(k)
  • NET near Worldquant, LLC 401(k) Savings and Retirement Plan
  • NET ind #2397

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 Information & Media retirement plans → · Plans in Massachusetts →

Sovos Compliance, LLC 401(k) Retirement Plan in the asset neighbourhood

Datascan Retirement Plan$78MShift4 401(k) Plan$78MWorldquant, LLC 401(k) Savings and Retirement PlanWorldquant, LLC 401(k) Savin…$78MSovos Compliance, LLC 401(k) Retirement PlanSovos Compliance, LLC 401(k)…$78MMultivac, Inc. Profit Sharing 401(k) PlanMultivac, Inc. Profit Sharin…$78M
End-of-year total assets ($M) among Sovos Compliance, LLC 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$60M
Net Assets (End of Year)$78M
Net Income$18M
Employer EIN461379693
Plan Effective Date2013-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sovos Compliance, LLC)

Sponsor-wide plan assets over time

All Sovos Compliance, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$94M 55.73999076235866% vs 2022
2024 filing year
$40M$60M$80M$100M 202220232024 $60.1M $93.6M ▲ +55.7%
Year Plans Participants Total Assets
2022 1 811 $60M
2023 1 978 $78M
2024 1 907 $94M

Nearby 401(k) Plans in Massachusetts

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

Sovos Compliance, LLC 401(k) Retirement Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Sovos Compliance, LLC 401(k) Retirement Plan, Total assets ($B): 0.078133958 · Participants: 978Sovos Compliance, LLC 401(k) Retirement PlanFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
Sovos Compliance, LLC 401(k) Retirement Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Sovos Compliance, LLC 401(k) Retirement Plan side-by-side with 3 peers →

Sovos Compliance, LLC 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Worldquant, LLC 401(k) Savings and Retirement Plan in CT ($78M); by covered participants it is Great Lakes Management 401(k) Retirement Savings Plan in MN (978 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($78M here).

Similar participant headcount

Nearest other-state filings by covered participants (978 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Sovos Compliance, LLC 401(k) Retirement Plan assets move in 2023? ▼
Sovos Compliance, LLC 401(k) Retirement Plan surged - up 30.0% during 2023, from $60M to $78M. Reported net income was $18M.
How have Sovos Compliance, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sovos Compliance, LLC's sponsor-wide assets grew 55.7%, from $60M to $94M.
Where does Sovos Compliance, LLC 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Sovos Compliance, LLC 401(k) Retirement Plan ranks in the 89th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Sovos Compliance, LLC 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Worldquant, LLC 401(k) Savings and Retirement Plan in CT ($78M, 317 participants).
Which 401(k) plans cover a similar participant headcount to Sovos Compliance, LLC 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Great Lakes Management 401(k) Retirement Savings Plan in MN (978 participants, $8M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 461379693.

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.