401(k) · DOL Form 5500 · 2023

Somero Enterprises Inc 401(k) Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
184
Participants Below avg headcount
74th
Percentile by assets National rank
$116,855
Avg per participant Below avg balance/head
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Official DOL plan name: Somero Enterprises, Inc 401(k) Profit Sharing Plan and Trust · Sponsored by Somero Enterprises Inc · Florida · Manufacturing

$22M in assets, 184 participants

Somero Enterprises Inc's Somero Enterprises, Inc 401(k) Profit Sharing Plan and Trust reported $22M in total assets and 184 participants in its 2023 DOL Form 5500 filing, ranking in the 74th 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.

  • #12,006 in Manufacturing (18,722 peers)

Coverage in Florida

Somero Enterprises, Inc 401(k) Profit Sharing Plan and Trust covers 184 participants in Florida, about 29% of the average Florida filer (state average ~628 per filing). Assets: $22M.

#12,006
in Manufacturing (18,722 peers)
+25.9%
assets growth YoY

Somero Enterprises, Inc 401(k) Profit Sharing Plan and Trust's outsized position by total assets

Somero Enterprises, Inc 401(k) Profit Sharing Plan and Trust vs every filed plan by assets

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

$21,501,273 Top 26% higher than 74% 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

Somero Enterprises, Inc 401(k) Profit Sharing Plan and Trust 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. Somero Enterprises, Inc 401(k) Profit Sharing Plan and Trust sits mid-pack in the medium band (184 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Somero Enterprises, Inc 401(k) Profit Sharing Plan and Trust reported net income rose from -$1M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Somero Enterprises, Inc 401(k) Profit Sharing Plan and Trust end-of-year assets rose from $17M in the plan year 2022 filing to $22M in the plan year 2023 filing.
  • Somero Enterprises, Inc 401(k) Profit Sharing Plan and Trust reported participants rose from 178 in the plan year 2022 filing to 184 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 203225968 · Somero Enterprises Inc PY 2023 · 401(k)

Somero Enterprises, Inc 401(k) Profit Sharing Plan and Trust · $22M · 184 · 74th

  • 5500 $22M
  • 5500 184
  • 5500 74th
  • 5500 401(k)
  • 5500 near Neighborhood Credit Union 401(k) Plan and Trust
  • 5500 ind #12006

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 Manufacturing retirement plans → · Plans in Florida →

Somero Enterprises, Inc 401(k) Profit Sharing Plan and Trust in the asset neighbourhood

Somero Enterprises, Inc 401(k) Profit Sharing Plan and TrustSomero Enterprises, Inc 401(…$22MNeighborhood Credit Union 401(k) Plan and TrustNeighborhood Credit Union 40…$22MEquity Trust Company 401(k) PlanEquity Trust Company 401(k) …$21MContinental Carbon Company Retirement Savings Plan for Non Bargaining EmployeesContinental Carbon Company R…$21MRefac Optical Group 401(k) PlanRefac Optical Group 401(k) P…$22M
End-of-year total assets ($M) among Somero Enterprises, Inc 401(k) Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Florida filing particulars

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$22M
Net Income$4M
Employer EIN203225968
Plan Effective Date2006-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Somero Enterprises Inc)

Sponsor-wide plan assets over time

All Somero Enterprises Inc plans reported in each filing year

Latest sponsor-wide plan assets
$24M 40.28536350160309% vs 2022
2024 filing year
$15M$20M$25M 202220232024 $17.1M $24M ▲ +40.3%
Year Plans Participants Total Assets
2022 1 178 $17M
2023 1 184 $22M
2024 1 172 $24M

Nearby 401(k) Plans in Florida

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

Somero Enterprises, Inc 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants Somero Enterprises, Inc 401(k) Profit Sharing Plan and Trust, Total assets ($B): 0.021501273 · Participants: 184Somero Enterprises, Inc 401(k) Profit Sharing Plan and TrustL3harris Retirement Savings Plan, Total assets ($B): 15.384363901 · Participants: 40665L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pwc, Total assets ($B): 11.333196569 · Participants: 50817Savings Plan for Employees and Partners of PwcAdp Totalsource Retirement Savings Plan, Total assets ($B): 8.025816173 · Participants: 308867Adp Totalsource Retirement Savings PlanTrinet 401(k) Plan, Total assets ($B): 7.029692551 · Participants: 157945Trinet 401(k) PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 6.572590596 · Participants: 184674Publix Super Markets, Inc. 401(k) Smart Plan
Somero Enterprises, Inc 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Florida, assets vs. participants
Compare Somero Enterprises, Inc 401(k) Profit Sharing Plan and Trust side-by-side with 3 peers →

Somero Enterprises, Inc 401(k) Profit Sharing Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Florida, the nearest 401(k) by assets is Neighborhood Credit Union 401(k) Plan and Trust in TX ($22M); by covered participants it is Afiniti 401(k) Plan in DC (184 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (184 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 Somero Enterprises, Inc 401(k) Profit Sharing Plan and Trust assets move in 2023? ▼
Somero Enterprises, Inc 401(k) Profit Sharing Plan and Trust grew sharply - up 25.9% during 2023, from $17M to $22M. Reported net income was $4M.
How have Somero Enterprises Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Somero Enterprises Inc's sponsor-wide assets grew 40.3%, from $17M to $24M.
Which 401(k) plans are similar in size to Somero Enterprises, Inc 401(k) Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Neighborhood Credit Union 401(k) Plan and Trust in TX ($22M, 190 participants).
Which 401(k) plans cover a similar participant headcount to Somero Enterprises, Inc 401(k) Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Afiniti 401(k) Plan in DC (184 participants, $5M 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 203225968.

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.