401(k) · DOL Form 5500 · 2023

Sopheon Corporation 401(k) Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
115
Participants Small participant base
74th
Percentile by assets National rank
$186,209
Avg per participant Above avg balance/head
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Official DOL plan name: Sopheon 401(k) Profit Sharing Plan · Sponsored by Sopheon Corporation · Minnesota · Professional & Technical Services

$21M in assets, 115 participants

Sopheon Corporation's Sopheon 401(k) Profit Sharing Plan reported $21M in total assets and 115 participants in its 2023 DOL Form 5500 filing, ranking in the 74th 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.

  • #15,012 in Professional & Technical Services (20,321 peers)

Coverage in Minnesota

Sopheon 401(k) Profit Sharing Plan covers 115 participants in Minnesota, about 10% of the average Minnesota filer (state average ~1,126 per filing). Assets: $21M.

#15,012
in Professional & Technical Services (20,321 peers)
+17.3%
assets growth YoY

Sopheon 401(k) Profit Sharing Plan's outsized position by total assets

Sopheon 401(k) Profit Sharing Plan vs every filed plan by assets

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

$21,414,024 Top 26% higher than 74% 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

Sopheon 401(k) Profit Sharing Plan 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. Sopheon 401(k) Profit Sharing Plan sits mid-pack in the medium band (115 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sopheon 401(k) Profit Sharing Plan reported net income rose from -$5M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Sopheon 401(k) Profit Sharing Plan end-of-year assets rose from $18M in the plan year 2022 filing to $21M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 411967943 · Sopheon Corporation PY 2023 · 401(k)

Sopheon 401(k) Profit Sharing Plan · $21M · 115 · 74th

  • 5500 $21M
  • ASSETS 115
  • PCT 74th
  • EIN 401(k)
  • RANK near Advanced Ent and Allergy, PLLC Profit Sharing Plan
  • PHOTO ind #15012

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 Professional & Technical Services retirement plans → · Plans in Minnesota →

Sopheon 401(k) Profit Sharing Plan in the asset neighbourhood

Eis Group 401(k) Plan$21MSopheon 401(k) Profit Sharing PlanSopheon 401(k) Profit Sharin…$21MAdvanced Ent and Allergy, PLLC Profit Sharing PlanAdvanced Ent and Allergy, PL…$21MFiske Brothers Refining Co. 401(k) PlanFiske Brothers Refining Co. …$21MAmerican Association for Justice 401(k) Profit Sharing PlanAmerican Association for Jus…$21M
End-of-year total assets ($M) among Sopheon 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$21M
Net Income$3M
Employer EIN411967943
Plan Effective Date1989-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sopheon Corporation)

Sponsor-wide plan assets over time

All Sopheon Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$21M 16.728169539190034% vs 2022
2024 filing year
$17M$18M$19M$20M$21M$22M 202220232024 $18.3M $21.3M ▲ +16.8%
Year Plans Participants Total Assets
2022 1 115 $18M
2023 1 115 $21M
2024 1 106 $21M

Nearby 401(k) Plans in Minnesota

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

Sopheon 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Sopheon 401(k) Profit Sharing Plan, Total assets ($B): 0.021414024 · Participants: 115Sopheon 401(k) Profit Sharing PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Sopheon 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Sopheon 401(k) Profit Sharing Plan side-by-side with 3 peers →

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

Outside Minnesota, the nearest 401(k) by assets is Advanced Ent and Allergy, PLLC Profit Sharing Plan in KY ($21M); by covered participants it is St. Marys Foundry, Inc. 401(k) Savings Plan in OH (115 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (115 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 Sopheon 401(k) Profit Sharing Plan assets move in 2023? ▼
Sopheon 401(k) Profit Sharing Plan grew sharply - up 17.3% during 2023, from $18M to $21M. Reported net income was $3M.
How have Sopheon Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sopheon Corporation's sponsor-wide assets grew 16.7%, from $18M to $21M.
Which 401(k) plans are similar in size to Sopheon 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Advanced Ent and Allergy, PLLC Profit Sharing Plan in KY ($21M, 118 participants).
Which 401(k) plans cover a similar participant headcount to Sopheon 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is St. Marys Foundry, Inc. 401(k) Savings Plan in OH (115 participants, N/A 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 411967943.

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.