401(k) · DOL Form 5500 · 2023

Sonifi Solutions, Inc. 401(k) Plan

Data updated 2026-08-11

$84M
Total assets
605
Participants
90th
Percentile by assets
$138,024
Avg per participant
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Official DOL plan name: Sonifi Solutions, Inc. 401(k) Plan · Sponsored by Sonifi Solutions, Inc. · South Dakota · Manufacturing

$84M in assets, 605 participants

Sonifi Solutions, Inc.'s Sonifi Solutions, Inc. 401(k) Plan reported $84M in total assets and 605 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.

  • 90th percentile by assets (of 127,072 plans)
  • #15,936 in Manufacturing (18,722 peers)

Where Sonifi Solutions, Inc. 401(k) Plan sits by assets

Sonifi Solutions, Inc. 401(k) Plan sits in the top 10% of all filed plans by assets, $84M for 605 participants (~$138,024/participant), up 23.3% in 2023.

$84M
total plan assets (2023 EOY)
605
covered participants
90th
percentile by assets (of 127,072 plans)
$138,024
avg assets per participant

Where Sonifi Solutions, Inc. 401(k) Plan sits by total assets

Sonifi Solutions, Inc. 401(k) Plan vs every filed plan by assets

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

$83,504,683 Top 10% higher than 90% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sonifi Solutions, Inc. 401(k) Plan reported net income rose from -$17M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • Sonifi Solutions, Inc. 401(k) Plan end-of-year assets rose from $68M in the plan year 2022 filing to $84M in the plan year 2023 filing.
  • Sonifi Solutions, Inc. 401(k) Plan reported participants rose from 559 in the plan year 2022 filing to 605 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
South Dakota
Industry
Manufacturing

Sonifi Solutions, Inc. 401(k) Plan vs the 2023 asset distribution

By assets, Sonifi Solutions, Inc. 401(k) Plan outranks 90% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.8x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$68M
Net Assets (End of Year)$84M
Net Income$16M
Employer EIN460371161
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sonifi Solutions, Inc.)

$60M$70M$80M$90M$100M 202220232024 $67.7M $95.2M ▲ +40.6%
Total plan assets by year, all Sonifi Solutions, Inc. plans on file
Year Plans Participants Total Assets
2022 1 559 $68M
2023 1 605 $84M
2024 1 620 $95M

Nearby 401(k) Plans in South Dakota

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

Sonifi Solutions, Inc. 401(k) Plan vs. nearby 401(k) plans in South Dakota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 0200400600800 Total assets ($M) Participants Sonifi Solutions, In…, Total assets ($M): 83.504683 · Participants: 605Sonifi Solutions, In…Black Hills Corporat…, Total assets ($M): 726.965765 · Participants: 2972Black Hills Corporat…Good Samaritan Socie…, Total assets ($M): 254.213431 · Participants: 12894Good Samaritan Socie…Daktronics, Inc. 401…, Total assets ($M): 235.476974 · Participants: 2254Daktronics, Inc. 401…Poet 401(k) Plan, Total assets ($M): 219.059384 · Participants: 2254Poet 401(k) PlanPremier 401(k) Plan, Total assets ($M): 215.996195 · Participants: 1913Premier 401(k) Plan
Sonifi Solutions, Inc. 401(k) Plan vs. nearby 401(k) plans in South Dakota, assets vs. participants
Compare Sonifi Solutions, Inc. 401(k) Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Sonifi Solutions, Inc. 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Sonifi Solutions, Inc. 401(k) Plan assets move in 2023? ▼
Sonifi Solutions, Inc. 401(k) Plan grew sharply - up 23.3% during 2023, from $68M to $84M. Reported net income was $16M.
How have Sonifi Solutions, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sonifi Solutions, Inc.'s sponsor-wide assets grew 40.6%, from $68M to $95M.
Where does Sonifi Solutions, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Sonifi Solutions, Inc. 401(k) Plan ranks in the 90th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Sonifi Solutions, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Campbell Companies 401(k) Profit Sharing Plan and Trust in UT ($84M, 544 participants).

Next read for Sonifi Solutions, Inc. 401(k) Plan

Scale reading

Ways to act on Sonifi Solutions, Inc. 401(k) Plan's numbers.

  • By total assets, Sonifi Solutions, Inc. 401(k) Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in South Dakota. Compare plans
  • Sonifi Solutions, Inc.'s sponsor-wide assets have grown 40.6% since 2022 across 3 plan years on file. More Manufacturing plans

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 460371161.

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.