401(k) · DOL Form 5500 · 2023

Soundhound Inc 401(k) Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
248
Participants Below avg headcount
71st
Percentile by assets National rank
$72,017
Avg per participant Below avg balance/head
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Official DOL plan name: Soundhound 401(k) Plan · Sponsored by Soundhound Inc · California · Information & Media

$18M in assets, 248 participants

Soundhound Inc's Soundhound 401(k) Plan reported $18M in total assets and 248 participants in its 2023 DOL Form 5500 filing, ranking in the 71st 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.

  • #1,700 in Information & Media (2,818 peers)

Coverage in California

Soundhound 401(k) Plan covers 248 participants in California, about 39% of the average California filer (state average ~630 per filing). Assets: $18M.

#1,700
in Information & Media (2,818 peers)
+4.5%
assets growth YoY

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

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

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

$17,860,283 Top 29% higher than 71% 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

Soundhound 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. Soundhound 401(k) Plan sits mid-pack in the medium band (248 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Soundhound 401(k) Plan reported net income rose from -$1M in the plan year 2022 filing to $764K in the plan year 2023 filing.
  • Soundhound 401(k) Plan reported participants rose from 207 in the plan year 2022 filing to 248 in the plan year 2023 filing.
  • Soundhound 401(k) Plan end-of-year assets rose from $17M in the plan year 2022 filing to $18M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 203516450 · Soundhound Inc PY 2023 · 401(k)

Soundhound 401(k) Plan · $18M · 248 · 71st

  • PHOTO $18M
  • IND 248
  • EOY 71st
  • 5500 401(k)
  • ASSETS near Carleton-Willard Homes, Inc. Retirement Plan
  • PCT ind #1700

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 →

Soundhound 401(k) Plan in the asset neighbourhood

Soundhound 401(k) Plan$18MCarleton-Willard Homes, Inc. Retirement PlanCarleton-Willard Homes, Inc.…$18MNexgen Data Systems 401(k) PlanNexgen Data Systems 401(k) P…$18MChiampou Travis Besaw & Kershner LLP 401(k) PlanChiampou Travis Besaw & Kers…$18MNeu Brothers Holdings, Inc. 401(k) PlanNeu Brothers Holdings, Inc. …$18M
End-of-year total assets ($M) among Soundhound 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$18M
Net Income$764K
Employer EIN203516450
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Soundhound Inc)

Sponsor-wide plan assets over time

All Soundhound Inc plans reported in each filing year

Latest sponsor-wide plan assets
$24M 41.248775495832064% vs 2022
2024 filing year
$15M$20M$25M 202220232024 $17.1M $24.2M ▲ +41.2%
Year Plans Participants Total Assets
2022 1 207 $17M
2023 1 248 $18M
2024 1 149 $24M

Nearby 401(k) Plans in California

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

Soundhound 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Soundhound 401(k) Plan, Total assets ($B): 0.017860283 · Participants: 248Soundhound 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
Soundhound 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Soundhound 401(k) Plan side-by-side with 3 peers →

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

Outside California, the nearest 401(k) by assets is Carleton-Willard Homes, Inc. Retirement Plan in MA ($18M); by covered participants it is Teal's Management Group, Inc. 401(k) Plan in MN (248 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (248 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 Soundhound 401(k) Plan assets move in 2023? ▼
Soundhound 401(k) Plan edged up modestly - up 4.5% during 2023, from $17M to $18M. Reported net income was $764K.
How have Soundhound Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Soundhound Inc's sponsor-wide assets grew 41.2%, from $17M to $24M.
Which 401(k) plans are similar in size to Soundhound 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Carleton-Willard Homes, Inc. Retirement Plan in MA ($18M, 246 participants).
Which 401(k) plans cover a similar participant headcount to Soundhound 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Teal's Management Group, Inc. 401(k) Plan in MN (248 participants, $5M 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 203516450.

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.