401(k) · DOL Form 5500 · 2023

Sonova U.S. Corporate Services, LLC 401(k) Plan

Data updated 2026-08-25

$55M
Total assets Below avg plan size
1,196
Participants Near avg headcount
87th
Percentile by assets National rank
$46,240
Avg per participant Low balance/head
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Official DOL plan name: Sonova Premier 401(k) Retirement Savings Plan · Sponsored by Sonova U.S. Corporate Services, LLC · Illinois · Retail Trade

$55M in assets, 1,196 participants

Sonova U.S. Corporate Services, LLC's Sonova Premier 401(k) Retirement Savings Plan reported $55M in total assets and 1,196 participants in its 2023 DOL Form 5500 filing, ranking in the 87th 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.

  • #7,777 in Retail Trade (8,414 peers)

Where Sonova Premier 401(k) Retirement Savings Plan sits by assets

Sonova Premier 401(k) Retirement Savings Plan sits in the top quartile of all filed plans by assets, $55M for 1,196 participants (~$46,240/participant), up 24.0% in 2023.

#7,777
in Retail Trade (8,414 peers)
+24.0%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Sonova Premier 401(k) Retirement Savings Plan's outsized position by total assets

Sonova Premier 401(k) Retirement Savings Plan vs every filed plan by assets

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

$55,303,397 Top 13% higher than 87% 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

Sonova Premier 401(k) Retirement Savings Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sonova Premier 401(k) Retirement Savings Plan lands in the large band (1,196 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sonova Premier 401(k) Retirement Savings Plan reported net income rose from -$646K in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Sonova Premier 401(k) Retirement Savings Plan reported participants rose from 581 in the plan year 2022 filing to 1,196 in the plan year 2023 filing.
  • Sonova Premier 401(k) Retirement Savings Plan end-of-year assets rose from $45M in the plan year 2022 filing to $55M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 260811994 · Sonova U.S. Corporate Services, LLC PY 2023 · 401(k)

Sonova Premier 401(k) Retirement Savings Plan · $55M · 1,196 · 87th

  • RANK $55M
  • PHOTO 1,196
  • IND 87th
  • EOY 401(k)
  • 5500 near Coaction Specialty Insurance 401(k) Plan
  • ASSETS ind #7777

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 Illinois →

Sonova Premier 401(k) Retirement Savings Plan in the asset neighbourhood

Centerview Partners LLC 401(k) PlanCenterview Partners LLC 401(…$55MCoaction Specialty Insurance 401(k) PlanCoaction Specialty Insurance…$55MSonova Premier 401(k) Retirement Savings PlanSonova Premier 401(k) Retire…$55MCommercehub 401(k) Plan$55MThe Willamette Valley Company and Subsidiary Companies 401(k) Profit Sharing PlanThe Willamette Valley Compan…$55M
End-of-year total assets ($M) among Sonova Premier 401(k) Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$45M
Net Assets (End of Year)$55M
Net Income$11M
Employer EIN260811994
Plan Effective Date2011-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sonova U.S. Corporate Services, LLC)

Sponsor-wide plan assets over time

All Sonova U.S. Corporate Services, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$55M 23.999551566238992% vs 2022
2023 filing year
$40M$45M$50M$55M$60M 20222023 $44.6M $55.3M ▲ +24.0%
Year Plans Participants Total Assets
2022 1 581 $45M
2023 1 1,196 $55M

Nearby 401(k) Plans in Illinois

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

Sonova Premier 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Sonova Premier 401(k) Retirement Savings Plan, Total assets ($B): 0.055303397 · Participants: 1196Sonova Premier 401(k) Retirement Savings PlanAccenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement Savings Plan
Sonova Premier 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Sonova Premier 401(k) Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Coaction Specialty Insurance 401(k) Plan in NJ ($55M); by covered participants it is Interstate Batteries 401(k) Plan in TX (1,196 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,196 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 Sonova Premier 401(k) Retirement Savings Plan assets move in 2023?
Sonova Premier 401(k) Retirement Savings Plan grew sharply - up 24.0% during 2023, from $45M to $55M. Reported net income was $11M.
How have Sonova U.S. Corporate Services, LLC plan assets changed over time?
Across 2 plan years on file (2022-2023), Sonova U.S. Corporate Services, LLC's sponsor-wide assets grew 24.0%, from $45M to $55M.
Where does Sonova Premier 401(k) Retirement Savings Plan rank by assets among Form 5500 filers?
Sonova Premier 401(k) Retirement Savings Plan ranks in the 87th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Sonova Premier 401(k) Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Coaction Specialty Insurance 401(k) Plan in NJ ($55M, 366 participants).
Which 401(k) plans cover a similar participant headcount to Sonova Premier 401(k) Retirement Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Interstate Batteries 401(k) Plan in TX (1,196 participants, $127M in assets).