401(k) · DOL Form 5500 · 2023

Sonatype, Inc. 401(k) Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
368
Participants Below avg headcount
74th
Percentile by assets National rank
$59,344
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Sonatype Retirement Trust · Sponsored by Sonatype, Inc. · Maryland · Professional & Technical Services

$22M in assets, 368 participants

Sonatype, Inc.'s Sonatype Retirement Trust reported $22M in total assets and 368 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.

  • #15,090 in Professional & Technical Services (20,321 peers)

Coverage in Maryland

Sonatype Retirement Trust covers 368 participants in Maryland, about 40% of the average Maryland filer (state average ~929 per filing). Assets: $22M.

#15,090
in Professional & Technical Services (20,321 peers)
+35.4%
assets growth YoY

Sonatype Retirement Trust's outsized position by total assets

Sonatype Retirement Trust vs every filed plan by assets

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

$21,838,504 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

Sonatype Retirement Trust 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. Sonatype Retirement Trust sits mid-pack in the medium band (368 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sonatype Retirement Trust reported net income rose from -$74K in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Sonatype Retirement Trust reported participants rose from 267 in the plan year 2022 filing to 368 in the plan year 2023 filing.
  • Sonatype Retirement Trust end-of-year assets rose from $16M in the plan year 2022 filing to $22M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 260641472 · Sonatype, Inc. PY 2023 · 401(k)

Sonatype Retirement Trust · $22M · 368 · 74th

  • 5500 $22M
  • ASSETS 368
  • PCT 74th
  • EIN 401(k)
  • RANK near Alliance Bank Retirement Plan
  • PHOTO ind #15090

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 Maryland →

Sonatype Retirement Trust in the asset neighbourhood

Sonatype Retirement Trust$22MAlliance Bank Retirement Plan$22MHealix Savings Plan$22MSuperior Technical Ceramics Corporation 401(k) PlanSuperior Technical Ceramics …$22MNexgen Team, LLC 401(k) Plan$22M
End-of-year total assets ($M) among Sonatype Retirement Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Maryland filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$22M
Net Income$6M
Employer EIN260641472
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sonatype, Inc.)

Sponsor-wide plan assets over time

All Sonatype, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$26M 60.60114163307889% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $16.1M $25.9M ▲ +60.6%
Year Plans Participants Total Assets
2022 1 267 $16M
2023 1 368 $22M
2024 1 296 $26M

Nearby 401(k) Plans in Maryland

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

Sonatype Retirement Trust vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Sonatype Retirement Trust, Total assets ($B): 0.021838504 · Participants: 368Sonatype Retirement TrustLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 47.273019756 · Participants: 91511Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 10.20606962 · Participants: 96415Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 4.357344903 · Participants: 6292T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 3.951576315 · Participants: 2767Nfl Player Second Career Savings PlanSodexo 401 (K) Employees' Retirement Savings Plan and Trust, Total assets ($B): 2.217483854 · Participants: 80121Sodexo 401 (K) Employees' Retirement Savings Plan and Trust
Sonatype Retirement Trust vs. nearby 401(k) plans in Maryland, assets vs. participants

Sonatype Retirement Trust's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is Alliance Bank Retirement Plan in MN ($22M); by covered participants it is Mcguire Management Group 401(k) Plan in FL (368 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($22M here).

Similar participant headcount

Nearest other-state filings by covered participants (368 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 Sonatype Retirement Trust assets move in 2023?
Sonatype Retirement Trust surged - up 35.4% during 2023, from $16M to $22M. Reported net income was $6M.
How have Sonatype, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Sonatype, Inc.'s sponsor-wide assets grew 60.6%, from $16M to $26M.
Which 401(k) plans are similar in size to Sonatype Retirement Trust?
Among 401(k) plans in other states, the closest by assets is Alliance Bank Retirement Plan in MN ($22M, 114 participants).
Which 401(k) plans cover a similar participant headcount to Sonatype Retirement Trust?
Among 401(k) plans in other states, the closest by covered participants is Mcguire Management Group 401(k) Plan in FL (368 participants, $2M in assets).