401(k) · DOL Form 5500 · 2023

Soave Enterprises, LLC 401(k) Plan

Data updated 2026-08-25

$51M
Total assets Below avg plan size
1,204
Participants Near avg headcount
86th
Percentile by assets National rank
$42,592
Avg per participant Low balance/head
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Official DOL plan name: Soave Enterprises L.L.C. Savings and Profit Sharing Plan and Trust · Sponsored by Soave Enterprises, LLC · Michigan · Management of Enterprises

$51M in assets, 1,204 participants

Soave Enterprises, LLC's Soave Enterprises L.L.C. Savings and Profit Sharing Plan and Trust reported $51M in total assets and 1,204 participants in its 2023 DOL Form 5500 filing, ranking in the 86th 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.

  • #772 in Management of Enterprises (1,137 peers)

Where Soave Enterprises L.L.C. Savings and Profit Sharing Plan and Trust sits by assets

Soave Enterprises L.L.C. Savings and Profit Sharing Plan and Trust sits in the top quartile of all filed plans by assets, $51M for 1,204 participants (~$42,592/participant), down 37.2% in 2023.

#772
in Management of Enterprises (1,137 peers)
-37.2%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $30M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Soave Enterprises L.L.C. Savings and Profit Sharing Plan and Trust's outsized position by total assets

Soave Enterprises L.L.C. Savings and Profit Sharing Plan and Trust vs every filed plan by assets

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

$51,281,027 Top 14% higher than 86% 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

Soave Enterprises L.L.C. Savings and Profit Sharing Plan and Trust's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Soave Enterprises L.L.C. Savings and Profit Sharing Plan and Trust lands in the large band (1,204 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Soave Enterprises L.L.C. Savings and Profit Sharing Plan and Trust reported net income fell from -$10M in the plan year 2022 filing to -$30M in the plan year 2023 filing.
  • Soave Enterprises L.L.C. Savings and Profit Sharing Plan and Trust end-of-year assets fell from $82M in the plan year 2022 filing to $51M in the plan year 2023 filing.
  • Soave Enterprises L.L.C. Savings and Profit Sharing Plan and Trust reported participants rose from 1,035 in the plan year 2022 filing to 1,204 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 383389446 · Soave Enterprises, LLC PY 2023 · 401(k)

Soave Enterprises L.L.C. Savings and Profit Sharing Plan and Trust · $51M · 1,204 · 86th

  • EBSA $51M
  • PART 1,204
  • TYPE 86th
  • NET 401(k)
  • BOOK near Snoqualmie Casino 401(k) Plan
  • VS-ST ind #772

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 Management of Enterprises retirement plans → · Plans in Michigan →

Soave Enterprises L.L.C. Savings and Profit Sharing Plan and Trust in the asset neighbourhood

Primary Care Associates of Appleton, Ltd. Employees 401(k) Savings PlanPrimary Care Associates of A…$51MPhillips Edison & Co. 401(k) Savings PlanPhillips Edison & Co. 401(k)…$51MNutrien Collectively Bargained 401(k) Retirement PlanNutrien Collectively Bargain…$51MSoave Enterprises L.L.C. Savings and Profit Sharing Plan and TrustSoave Enterprises L.L.C. Sav…$51MSnoqualmie Casino 401(k) Plan$51M
End-of-year total assets ($M) among Soave Enterprises L.L.C. Savings and Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$82M
Net Assets (End of Year)$51M
Net Income-$30M
Employer EIN383389446
Plan Effective Date1998-01-15
Filing StatusFILING RECEIVED

Sponsor Plan History (Soave Enterprises, LLC)

Sponsor-wide plan assets over time

All Soave Enterprises, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$58M 28.792808525509034% vs 2022
2024 filing year
$40M$50M$60M$70M$80M$90M 202220232024 $81.6M $58.1M ▼ -28.8%
Year Plans Participants Total Assets
2022 1 1,035 $82M
2023 1 1,204 $51M
2024 1 605 $58M

Nearby 401(k) Plans in Michigan

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

Soave Enterprises L.L.C. Savings and Profit Sharing Plan and Trust vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Soave Enterprises L.L.C. Savings and Profit Sharing Plan and Trust, Total assets ($B): 0.051281027 · Participants: 1204Soave Enterprises L.L.C. Savings and Profit Sharing Plan and TrustGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Soave Enterprises L.L.C. Savings and Profit Sharing Plan and Trust vs. nearby 401(k) plans in Michigan, assets vs. participants

Soave Enterprises L.L.C. Savings and Profit Sharing Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Snoqualmie Casino 401(k) Plan in WA ($51M); by covered participants it is The Larson Group 401(k) Plan in MO (1,204 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,204 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 Soave Enterprises L.L.C. Savings and Profit Sharing Plan and Trust assets move in 2023?
Soave Enterprises L.L.C. Savings and Profit Sharing Plan and Trust contracted severely - down 37.2% during 2023, from $82M to $51M. Reported net income was -$30M.
How have Soave Enterprises, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Soave Enterprises, LLC's sponsor-wide assets declined 28.8%, from $82M to $58M.
Where does Soave Enterprises L.L.C. Savings and Profit Sharing Plan and Trust rank by assets among Form 5500 filers?
Soave Enterprises L.L.C. Savings and Profit Sharing Plan and Trust ranks in the 86th 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 Soave Enterprises L.L.C. Savings and Profit Sharing Plan and Trust?
Among 401(k) plans in other states, the closest by assets is Snoqualmie Casino 401(k) Plan in WA ($51M, 1,109 participants).
Which 401(k) plans cover a similar participant headcount to Soave Enterprises L.L.C. Savings and Profit Sharing Plan and Trust?
Among 401(k) plans in other states, the closest by covered participants is The Larson Group 401(k) Plan in MO (1,204 participants, $54M in assets).