401(k) · DOL Form 5500 · 2023

Sonos, Inc. 401(k) Plan

Data updated 2026-08-11

$169M
Total assets
1,318
Participants
94th
Percentile by assets
$127,986
Avg per participant
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Official DOL plan name: Sonos, Inc. 401(k) Plan · Sponsored by Sonos, Inc. · California · Professional & Technical Services

$169M in assets, 1,318 participants

Sonos, Inc.'s Sonos, Inc. 401(k) Plan reported $169M in total assets and 1,318 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 127,072 plans)
  • #19,354 in Professional & Technical Services (20,321 peers)

Coverage in California

Sonos, Inc. 401(k) Plan covers 1,318 participants in California, 2.1x the typical California plan (state average ~630 per filing). Assets: $169M.

$169M
total plan assets (2023 EOY)
1,318
covered participants
94th
percentile by assets (of 127,072 plans)
$127,986
avg assets per participant

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

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

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

$168,685,508 Top 6% higher than 94% 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

  • Sonos, Inc. 401(k) Plan reported net income rose from -$5M in the plan year 2022 filing to $47M in the plan year 2023 filing.
  • Sonos, Inc. 401(k) Plan end-of-year assets rose from $122M in the plan year 2022 filing to $169M in the plan year 2023 filing.
  • Sonos, Inc. 401(k) Plan reported participants rose from 1,147 in the plan year 2022 filing to 1,318 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Sonos, Inc. 401(k) Plan reports 1,318 participants - 2.1x that state average ($169M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$122M
Net Assets (End of Year)$169M
Net Income$47M
Employer EIN030479476
Plan Effective Date2004-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sonos, Inc.)

$100M$150M$200M$250M 202220232024 $122M $208M ▲ +70.7%
Total plan assets by year, all Sonos, Inc. plans on file
Year Plans Participants Total Assets
2022 1 1,147 $122M
2023 1 1,318 $169M
2024 1 1,302 $208M

Nearby 401(k) Plans in California

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

Sonos, Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Sonos, Inc. 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 Sonos, Inc. 401(k) P…Wells Fargo & Compan…Google LLC 401(k) Sa…Oracle Corporation 4…Intel 401(k) Savings…Apple 401(k) Plan
Sonos, Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Similar-Sized 401(k) Plans Nationally

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

Frequently Asked Questions

How did Sonos, Inc. 401(k) Plan assets move in 2023?
Sonos, Inc. 401(k) Plan surged - up 38.5% during 2023, from $122M to $169M. Reported net income was $47M.
How have Sonos, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Sonos, Inc.'s sponsor-wide assets grew 70.7%, from $122M to $208M.
Where does Sonos, Inc. 401(k) Plan rank by assets among Form 5500 filers?
Sonos, Inc. 401(k) Plan ranks in the 94th 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 Sonos, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Bluegreen Vacations Corporation Retirement Savings Plan in FL ($169M, 7,679 participants).

Filing takeaways

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