401(k) · DOL Form 5500 · 2024
Sovena USA, Inc. 401(k) Plan
Data updated 2026-08-11
- $14M
- Total assets
- 175
- Participants
- 62nd
- Percentile by assets
- $78,183
- Avg per participant
Official DOL plan name: Sovena USA 401(k) & Profit Sharing Plan · Sponsored by Sovena USA, Inc. · New York · Manufacturing
$14M in assets, 175 participants
Sovena USA, Inc.'s Sovena USA 401(k) & Profit Sharing Plan reported $14M in total assets and 175 participants in its 2024 DOL Form 5500 filing, ranking in the 62nd 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.
- 62nd percentile by assets (of 123,622 plans)
- #8,861 in Manufacturing (17,777 peers)
Coverage in New York
Sovena USA 401(k) & Profit Sharing Plan covers 175 participants in New York, about 22% of the average New York filer (state average ~798 per filing). Assets: $14M.
- $14M
- total plan assets (2024 EOY)
- 175
- covered participants
- 62nd
- percentile by assets (of 123,622 plans)
- $78,183
- avg assets per participant
Where Sovena USA 401(k) & Profit Sharing Plan sits by total assets
Sovena USA 401(k) & Profit Sharing Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$13,682,111 Top 38% higher than 62% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Sovena USA 401(k) & Profit Sharing Plan end-of-year assets rose from $12M in the plan year 2023 filing to $14M in the plan year 2024 filing.
- Sovena USA 401(k) & Profit Sharing Plan reported participants rose from 160 in the plan year 2023 filing to 175 in the plan year 2024 filing.
- Sovena USA 401(k) & Profit Sharing Plan reported net income fell from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.
Participants vs New York filers
In New York, the average filing covers about 798 participants across 9,061 plans. Sovena USA 401(k) & Profit Sharing Plan reports 175 participants - about 22% of that state average ($14M EOY assets).
New York filing particulars
| Total Assets (Beginning of Year) | $12M |
|---|---|
| Net Assets (End of Year) | $14M |
| Net Income | $2M |
| Employer EIN | 161397516 |
| Plan Effective Date | 1996-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Sovena USA, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 136 | $10M |
| 2023 | 1 | 160 | $12M |
| 2024 | 1 | 175 | $14M |
Nearby 401(k) Plans in New York
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Sovena USA 401(k) & Profit Sharing Plan vs. nearby 401(k) plans in New York, assets vs. participants
- IBM 401(k) Plan $60.4B · 52,674
- Morgan Stanley 401(k) Plan $22.2B · 53,860
- Pfizer Savings Plan $22.0B · 33,309
- The Pepsico Savings Plan $14.9B · 137,398
- The Goldman Sachs 401(k) Plan $12.8B · 23,227
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Sovena USA 401(k) & Profit Sharing Plan by total assets, not by location.
- Vcom Solutions, Inc. 401(k) Plan (CA) $14M · 130
- Butte Sand & Gravel 401(k) Employee Savings Plan (CA) $14M · 92
- Wireless Vision, LLC 401(k) Plan (MI) $14M · 1,320
- Dra 401(k) Plan (PA) $14M · 12
Frequently Asked Questions
How did Sovena USA 401(k) & Profit Sharing Plan assets move in 2024? ▼
How have Sovena USA, Inc. plan assets changed over time? ▼
Which 401(k) plans are similar in size to Sovena USA 401(k) & Profit Sharing Plan? ▼
Next read for Sovena USA 401(k) & Profit Sharing Plan
Filing takeaways
Ways to act on Sovena USA 401(k) & Profit Sharing Plan's numbers.
- By total assets, Sovena USA 401(k) & Profit Sharing Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in New York. Compare plans
- Sovena USA, Inc.'s sponsor-wide assets have grown 41.6% since 2022 across 3 plan years on file. More Manufacturing plans