401(k) · DOL Form 5500 · 2023

Sonim Technologies, Inc. 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
22
Participants Small participant base
37th
Percentile by assets National rank
$148,039
Avg per participant Above avg balance/head
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Official DOL plan name: Sonim 401(k) Plan · Sponsored by Sonim Technologies, Inc. · California · Information & Media

$3M in assets, 22 participants

Sonim Technologies, Inc.'s Sonim 401(k) Plan reported $3M in total assets and 22 participants in its 2023 DOL Form 5500 filing, ranking in the 37th 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.

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

Sonim Technologies, Inc. multi-year trail

Sonim Technologies, Inc.'s plans moved +83.8% in assets from 2022 to 2024; this filing shows Sonim 401(k) Plan at $3M / 22 participants.

#599
in Information & Media (2,818 peers)
+41.3%
assets growth YoY

Sonim 401(k) Plan's mid-pack asset rank among Information & Media and all filers

Sonim 401(k) Plan vs every filed plan by assets

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

$3,256,860 37th percentile higher than 37% 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

Sonim 401(k) Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sonim 401(k) Plan is a small filing (22 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sonim 401(k) Plan reported net income rose from -$972K in the plan year 2022 filing to $952K in the plan year 2023 filing.
  • Sonim 401(k) Plan end-of-year assets rose from $2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Sonim 401(k) Plan reported participants fell from 36 in the plan year 2022 filing to 22 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 943336783 · Sonim Technologies, Inc. PY 2023 · 401(k)

Sonim 401(k) Plan · $3M · 22 · 37th

  • PART $3M
  • TYPE 22
  • NET 37th
  • BOOK 401(k)
  • VS-ST near Cpap 401(k) Plan
  • BOY ind #599

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 California →

Sonim 401(k) Plan in the asset neighbourhood

Sonim 401(k) Plan$3MCpap 401(k) Plan$3MHudson Community Enterprises, Inc. 401(k) PlanHudson Community Enterprises…$3MSepio Capital LP 401(k) Profit Sharing Plan & TrustSepio Capital LP 401(k) Prof…$3MThink Power Solutions 401(k) PlanThink Power Solutions 401(k)…$3M
End-of-year total assets ($M) among Sonim 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Sonim Technologies, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Sonim Technologies, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$4M 83.75595367197329% vs 2022
2024 filing year
$2M$3M$4M$5M 202220232024 $2.31M $4.24M ▲ +83.5%
Year Plans Participants Total Assets
2022 1 36 $2M
2023 1 22 $3M
2024 1 29 $4M

Sonim Technologies, Inc. filing trail (2023)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$3M
Net Income$952K
Employer EIN943336783
Plan Effective Date2002-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in California

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

Sonim 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Sonim 401(k) Plan, Total assets ($B): 0.00325686 · Participants: 22Sonim 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Sonim 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Sonim 401(k) Plan side-by-side with 3 peers →

Sonim 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Cpap 401(k) Plan in TX ($3M); by covered participants it is Acm Ventures, Inc. 401(k) Profit Sharing Plan in NC (22 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3M here).

Similar participant headcount

Nearest other-state filings by covered participants (22 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 Sonim 401(k) Plan assets move in 2023? ▼
Sonim 401(k) Plan surged - up 41.3% during 2023, from $2M to $3M. Reported net income was $952K.
How have Sonim Technologies, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sonim Technologies, Inc.'s sponsor-wide assets grew 83.8%, from $2M to $4M.
Which 401(k) plans are similar in size to Sonim 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Cpap 401(k) Plan in TX ($3M, 85 participants).
Which 401(k) plans cover a similar participant headcount to Sonim 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Acm Ventures, Inc. 401(k) Profit Sharing Plan in NC (22 participants, $553K 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 943336783.

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.