401(k) · DOL Form 5500 · 2023

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

Data updated 2026-08-25

$234M
Total assets Near avg plan size
1,822
Participants Near avg headcount
95th
Percentile by assets National rank
$128,356
Avg per participant Near avg balance/head
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Official DOL plan name: Sonova 401(k) Retirement Savings Plan · Sponsored by Sonova U.S. Corporate Services, LLC · Illinois · Manufacturing

$234M in assets, 1,822 participants

Sonova U.S. Corporate Services, LLC's Sonova 401(k) Retirement Savings Plan reported $234M in total assets and 1,822 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • #17,339 in Manufacturing (18,722 peers)

Coverage in Illinois

Sonova 401(k) Retirement Savings Plan covers 1,822 participants in Illinois, 2.3x the typical Illinois plan (state average ~779 per filing). Assets: $234M.

#17,339
in Manufacturing (18,722 peers)
+26.4%
assets growth YoY
2.3×
vs typical plan assets (national mean)

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

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

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

$233,864,082 Top 5% higher than 95% 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 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 401(k) Retirement Savings Plan lands in the large band (1,822 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sonova 401(k) Retirement Savings Plan reported net income rose from -$6M in the plan year 2022 filing to $42M in the plan year 2023 filing.
  • Sonova 401(k) Retirement Savings Plan end-of-year assets rose from $185M in the plan year 2022 filing to $234M in the plan year 2023 filing.
  • Sonova 401(k) Retirement Savings Plan reported participants rose from 1,780 in the plan year 2022 filing to 1,822 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 352505921 · Sonova U.S. Corporate Services, LLC PY 2023 · 401(k)

Sonova 401(k) Retirement Savings Plan · $234M · 1,822 · 95th

  • BOY $234M
  • BOY 1,822
  • BOY 95th
  • BOY 401(k)
  • BOY near Royomartin Retirement Plan
  • BOY ind #17339

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 Illinois →

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

Coinbase, Inc. Retirement TrustCoinbase, Inc. Retirement Tr…$234MIrving Materials, Inc. Employee Savings 401(k) PlanIrving Materials, Inc. Emplo…$234MSonova 401(k) Retirement Savings PlanSonova 401(k) Retirement Sav…$234MRoyomartin Retirement Plan$234MThe Greenbrier Companies 401(k) Retirement Savings PlanThe Greenbrier Companies 401…$234M
End-of-year total assets ($M) among Sonova 401(k) Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$185M
Net Assets (End of Year)$234M
Net Income$42M
Employer EIN352505921
Plan Effective Date2008-01-01
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
$234M 26.40893736343245% vs 2022
2023 filing year
$180M$200M$220M$240M 20222023 $185M $234M ▲ +26.4%
Year Plans Participants Total Assets
2022 1 1,780 $185M
2023 1 1,822 $234M

Nearby 401(k) Plans in Illinois

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

Sonova 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 ($B) Participants Sonova 401(k) Retirement Savings Plan, Total assets ($B): 0.233864082 · Participants: 1822Sonova 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 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Sonova 401(k) Retirement Savings Plan side-by-side with 3 peers →

Sonova 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 Royomartin Retirement Plan in LA ($234M); by covered participants it is Chapman Automotive Group 401(k) Plan and Trust in AZ (1,822 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($234M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,822 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 401(k) Retirement Savings Plan assets move in 2023? ▼
Sonova 401(k) Retirement Savings Plan grew sharply - up 26.4% during 2023, from $185M to $234M. Reported net income was $42M.
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 26.4%, from $185M to $234M.
Where does Sonova 401(k) Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Sonova 401(k) Retirement Savings Plan ranks in the 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Sonova 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Royomartin Retirement Plan in LA ($234M, 1,244 participants).
Which 401(k) plans cover a similar participant headcount to Sonova 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Chapman Automotive Group 401(k) Plan and Trust in AZ (1,822 participants, $83M 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 352505921.

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.