401(k) · DOL Form 5500 · 2023

Somacis Inc 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
122
Participants Small participant base
40th
Percentile by assets National rank
$31,455
Avg per participant Low balance/head
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Official DOL plan name: Somacis Inc 401(k) Salary Reduction Plan and Trust · Sponsored by Somacis Inc · California · Manufacturing

$4M in assets, 122 participants

Somacis Inc's Somacis Inc 401(k) Salary Reduction Plan and Trust reported $4M in total assets and 122 participants in its 2023 DOL Form 5500 filing, ranking in the 40th 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.

  • #4,260 in Manufacturing (18,722 peers)

Coverage in California

Somacis Inc 401(k) Salary Reduction Plan and Trust covers 122 participants in California, about 19% of the average California filer (state average ~630 per filing). Assets: $4M.

#4,260
in Manufacturing (18,722 peers)
+10.4%
assets growth YoY

Somacis Inc 401(k) Salary Reduction Plan and Trust's mid-pack asset rank among Manufacturing and all filers

Somacis Inc 401(k) Salary Reduction Plan and Trust vs every filed plan by assets

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

$3,837,453 40th percentile higher than 40% 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

Somacis Inc 401(k) Salary Reduction Plan and 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. Somacis Inc 401(k) Salary Reduction Plan and Trust sits mid-pack in the medium band (122 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Somacis Inc 401(k) Salary Reduction Plan and Trust reported net income rose from -$985K in the plan year 2022 filing to $362K in the plan year 2023 filing.
  • Somacis Inc 401(k) Salary Reduction Plan and Trust end-of-year assets rose from $3M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Somacis Inc 401(k) Salary Reduction Plan and Trust reported participants fell from 129 in the plan year 2022 filing to 122 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 990376521 · Somacis Inc PY 2023 · 401(k)

Somacis Inc 401(k) Salary Reduction Plan and Trust · $4M · 122 · 40th

  • EOY $4M
  • 5500 122
  • ASSETS 40th
  • PCT 401(k)
  • EIN near True Food Kitchen 401(k) Plan
  • RANK ind #4260

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 Manufacturing retirement plans → · Plans in California →

Somacis Inc 401(k) Salary Reduction Plan and Trust in the asset neighbourhood

Somacis Inc 401(k) Salary Reduction Plan and TrustSomacis Inc 401(k) Salary Re…$4MTrue Food Kitchen 401(k) Plan$4MPeay's Electric II, Inc. 401(k) PlanPeay's Electric II, Inc. 401…$4MAsm/Cti 401(k) Plan$4MChelmsford Pediatrics LLC 401(k) Profit Sharing Plan & TrustChelmsford Pediatrics LLC 40…$4M
End-of-year total assets ($M) among Somacis Inc 401(k) Salary Reduction Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$4M
Net Income$362K
Employer EIN990376521
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Somacis Inc)

Sponsor-wide plan assets over time

All Somacis Inc plans reported in each filing year

Latest sponsor-wide plan assets
$5M 30.85619372654763% vs 2022
2024 filing year
$3M$3.5M$4M$4.5M$5M 202220232024 $3.48M $4.55M ▲ +30.7%
Year Plans Participants Total Assets
2022 1 129 $3M
2023 1 122 $4M
2024 1 123 $5M

Nearby 401(k) Plans in California

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

Somacis Inc 401(k) Salary Reduction Plan and Trust vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Somacis Inc 401(k) Salary Reduction Plan and Trust, Total assets ($B): 0.003837453 · Participants: 122Somacis Inc 401(k) Salary Reduction Plan and TrustWells 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
Somacis Inc 401(k) Salary Reduction Plan and Trust vs. nearby 401(k) plans in California, assets vs. participants

Somacis Inc 401(k) Salary Reduction Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is True Food Kitchen 401(k) Plan in AZ ($4M); by covered participants it is G & L Davis Meat Co. Inc. 401(k) Plan in NY (122 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($4M here).

Similar participant headcount

Nearest other-state filings by covered participants (122 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 Somacis Inc 401(k) Salary Reduction Plan and Trust assets move in 2023?
Somacis Inc 401(k) Salary Reduction Plan and Trust grew at a solid clip - up 10.4% during 2023, from $3M to $4M. Reported net income was $362K.
How have Somacis Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Somacis Inc's sponsor-wide assets grew 30.9%, from $3M to $5M.
Which 401(k) plans are similar in size to Somacis Inc 401(k) Salary Reduction Plan and Trust?
Among 401(k) plans in other states, the closest by assets is True Food Kitchen 401(k) Plan in AZ ($4M, 343 participants).
Which 401(k) plans cover a similar participant headcount to Somacis Inc 401(k) Salary Reduction Plan and Trust?
Among 401(k) plans in other states, the closest by covered participants is G & L Davis Meat Co. Inc. 401(k) Plan in NY (122 participants, $12M in assets).