401(k) · DOL Form 5500 · 2023

Sofie Network Inc. 401(k) Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
356
Participants Below avg headcount
73rd
Percentile by assets National rank
$57,737
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Sofie Network 401(k) Plan · Sponsored by Sofie Network Inc. · Virginia · Retail Trade

$21M in assets, 356 participants

Sofie Network Inc.'s Sofie Network 401(k) Plan reported $21M in total assets and 356 participants in its 2023 DOL Form 5500 filing, ranking in the 73rd 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.

  • #6,989 in Retail Trade (8,414 peers)

Coverage in Virginia

Sofie Network 401(k) Plan covers 356 participants in Virginia, about 46% of the average Virginia filer (state average ~782 per filing). Assets: $21M.

#6,989
in Retail Trade (8,414 peers)
+19.6%
assets growth YoY

Sofie Network 401(k) Plan's outsized position by total assets

Sofie Network 401(k) Plan vs every filed plan by assets

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

$20,554,509 Top 27% higher than 73% 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

Sofie Network 401(k) 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. Sofie Network 401(k) Plan sits mid-pack in the medium band (356 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sofie Network 401(k) Plan reported net income rose from -$3M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Sofie Network 401(k) Plan reported participants rose from 256 in the plan year 2022 filing to 356 in the plan year 2023 filing.
  • Sofie Network 401(k) Plan end-of-year assets rose from $17M in the plan year 2022 filing to $21M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 821041795 · Sofie Network Inc. PY 2023 · 401(k)

Sofie Network 401(k) Plan · $21M · 356 · 73rd

  • RANK $21M
  • RANK 356
  • RANK 73rd
  • RANK 401(k)
  • RANK near Entech Engineering PC 401(k) Retirement Savings Plan
  • RANK ind #6989

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 Virginia →

Sofie Network 401(k) Plan in the asset neighbourhood

Didion Milling, Inc 401(k) Profit Sharing PlanDidion Milling, Inc 401(k) P…$21MSofie Network 401(k) Plan$21MEntech Engineering PC 401(k) Retirement Savings PlanEntech Engineering PC 401(k)…$21MHuffy Holdings Savings Plan$21MBridge Partners, LLC 401(k) Profit Sharing Plan and TrustBridge Partners, LLC 401(k) …$21M
End-of-year total assets ($M) among Sofie Network 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$21M
Net Income$3M
Employer EIN821041795
Plan Effective Date2004-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sofie Network Inc.)

Sponsor-wide plan assets over time

All Sofie Network Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$25M 45.74477117099293% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $17.2M $25.1M ▲ +45.8%
Year Plans Participants Total Assets
2022 1 256 $17M
2023 1 356 $21M
2024 1 400 $25M

Nearby 401(k) Plans in Virginia

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

Sofie Network 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Sofie Network 401(k) Plan, Total assets ($B): 0.020554509 · Participants: 356Sofie Network 401(k) PlanNorthrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
Sofie Network 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

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

Outside Virginia, the nearest 401(k) by assets is Entech Engineering PC 401(k) Retirement Savings Plan in NY ($21M); by covered participants it is Winshape Foundation, Inc. 401(k) Plan in GA (356 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (356 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 Sofie Network 401(k) Plan assets move in 2023?
Sofie Network 401(k) Plan grew sharply - up 19.6% during 2023, from $17M to $21M. Reported net income was $3M.
How have Sofie Network Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Sofie Network Inc.'s sponsor-wide assets grew 45.7%, from $17M to $25M.
Which 401(k) plans are similar in size to Sofie Network 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Entech Engineering PC 401(k) Retirement Savings Plan in NY ($21M, 244 participants).
Which 401(k) plans cover a similar participant headcount to Sofie Network 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Winshape Foundation, Inc. 401(k) Plan in GA (356 participants, $32M in assets).