401(k) · DOL Form 5500 · 2023

Sound Ford, Inc 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
324
Participants Below avg headcount
36th
Percentile by assets National rank
$9,325
Avg per participant Low balance/head
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Official DOL plan name: Northwest 401(k) Benefits Group · Sponsored by Sound Ford, Inc · Washington · Retail Trade

$3M in assets, 324 participants

Sound Ford, Inc's Northwest 401(k) Benefits Group reported $3M in total assets and 324 participants in its 2023 DOL Form 5500 filing, ranking in the 36th 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.

  • #3,982 in Retail Trade (8,414 peers)

Coverage in Washington

Northwest 401(k) Benefits Group covers 324 participants in Washington, about 22% of the average Washington filer (state average ~1,476 per filing). Assets: $3M.

#3,982
in Retail Trade (8,414 peers)
-57.3%
assets change YoY

The plan reported a net loss of $155K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Northwest 401(k) Benefits Group's mid-pack asset rank among Retail Trade and all filers

Northwest 401(k) Benefits Group vs every filed plan by assets

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

$3,021,376 36th percentile higher than 36% 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

Northwest 401(k) Benefits Group 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. Northwest 401(k) Benefits Group sits mid-pack in the medium band (324 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Northwest 401(k) Benefits Group reported net income rose from -$1M in the plan year 2022 filing to -$155K in the plan year 2023 filing.
  • Northwest 401(k) Benefits Group end-of-year assets fell from $7M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Northwest 401(k) Benefits Group reported participants rose from 256 in the plan year 2022 filing to 324 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 910906207 · Sound Ford, Inc PY 2023 · 401(k)

Northwest 401(k) Benefits Group · $3M · 324 · 36th

  • PART $3M
  • TYPE 324
  • NET 36th
  • BOOK 401(k)
  • VS-ST near North Atlantic Imports, LLC 401(k) Plan
  • BOY ind #3982

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 Retail Trade retirement plans → · Plans in Washington →

Northwest 401(k) Benefits Group in the asset neighbourhood

Northwest 401(k) Benefits GroupNorthwest 401(k) Benefits Gr…$3MNorth Atlantic Imports, LLC 401(k) PlanNorth Atlantic Imports, LLC …$3MS&s Wallwood, Inc. 401(k) PlanS&s Wallwood, Inc. 401(k) Pl…$3MMassapequa Chiropractic 401(k) PlanMassapequa Chiropractic 401(…$3MLane & Nach, P.C. Profit Sharing Plan & TrustLane & Nach, P.C. Profit Sha…$3M
End-of-year total assets ($M) among Northwest 401(k) Benefits Group and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Washington filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$3M
Net Income-$155K
Employer EIN910906207
Plan Effective Date1984-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sound Ford, Inc)

Sponsor-wide plan assets over time

All Sound Ford, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$3M 57.270778334497486% vs 2022
2023 filing year
$2M$4M$6M$8M 20222023 $7.07M $3.02M ▼ -57.3%
Year Plans Participants Total Assets
2022 1 256 $7M
2023 1 324 $3M

Nearby 401(k) Plans in Washington

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

Northwest 401(k) Benefits Group vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -20020406080 Total assets ($B) Participants Northwest 401(k) Benefits Group, Total assets ($B): 0.003021376 · Participants: 324Northwest 401(k) Benefits GroupThe Boeing Company 401(k) Retirement Plan, Total assets ($B): 72.246135158 · Participants: 128910The Boeing Company 401(k) Retirement PlanMicrosoft Corporation Savings Plus 401(k) Plan, Total assets ($B): 53.225853429 · Participants: 123296Microsoft Corporation Savings Plus 401(k) PlanCostco 401(k) Retirement Plan, Total assets ($B): 33.384845813 · Participants: 192744Costco 401(k) Retirement PlanT-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust, Total assets ($B): 8.338937292 · Participants: 71538T-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust401(k) Savings Plan, Total assets ($B): 8.118808679 · Participants: 87590401(k) Savings Plan
Northwest 401(k) Benefits Group vs. nearby 401(k) plans in Washington, assets vs. participants

Northwest 401(k) Benefits Group's out-of-state 401(k) peers by assets and headcount

Outside Washington, the nearest 401(k) by assets is North Atlantic Imports, LLC 401(k) Plan in UT ($3M); by covered participants it is Holston Gases, Inc. 401(k) Profit Sharing Plan in TN (324 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 (324 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 Northwest 401(k) Benefits Group assets move in 2023?
Northwest 401(k) Benefits Group contracted severely - down 57.3% during 2023, from $7M to $3M. Reported net income was -$155K.
How have Sound Ford, Inc plan assets changed over time?
Across 2 plan years on file (2022-2023), Sound Ford, Inc's sponsor-wide assets declined 57.3%, from $7M to $3M.
Which 401(k) plans are similar in size to Northwest 401(k) Benefits Group?
Among 401(k) plans in other states, the closest by assets is North Atlantic Imports, LLC 401(k) Plan in UT ($3M, 155 participants).
Which 401(k) plans cover a similar participant headcount to Northwest 401(k) Benefits Group?
Among 401(k) plans in other states, the closest by covered participants is Holston Gases, Inc. 401(k) Profit Sharing Plan in TN (324 participants, $24M in assets).