401(k) · DOL Form 5500 · 2024

Sopheon Corporation 401(k) Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
106
Participants Small participant base
71st
Percentile by assets National rank
$200,999
Avg per participant Above avg balance/head
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Official DOL plan name: Sopheon 401(k) Profit Sharing Plan · Sponsored by Sopheon Corporation · Minnesota · Professional & Technical Services

$21M in assets, 106 participants

Sopheon Corporation's Sopheon 401(k) Profit Sharing Plan reported $21M in total assets and 106 participants in its 2024 DOL Form 5500 filing, ranking in the 71st 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.

  • #14,289 in Professional & Technical Services (20,173 peers)

Coverage in Minnesota

Sopheon 401(k) Profit Sharing Plan covers 106 participants in Minnesota, about 9% of the average Minnesota filer (state average ~1,126 per filing). Assets: $21M.

#14,289
in Professional & Technical Services (20,173 peers)
-0.5%
assets change YoY

The plan reported a net loss of $108K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Sopheon 401(k) Profit Sharing Plan's outsized position by total assets

Sopheon 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$21,305,850 Top 29% higher than 71% of 123,620 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 2024

Sopheon 401(k) Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sopheon 401(k) Profit Sharing Plan sits mid-pack in the medium band (106 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sopheon 401(k) Profit Sharing Plan reported net income fell from $3M in the plan year 2023 filing to -$108K in the plan year 2024 filing.
  • Sopheon 401(k) Profit Sharing Plan reported participants fell from 115 in the plan year 2023 filing to 106 in the plan year 2024 filing.
  • Sopheon 401(k) Profit Sharing Plan end-of-year assets fell from $21M in the plan year 2023 filing to $21M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 411967943 · Sopheon Corporation PY 2024 · 401(k)

Sopheon 401(k) Profit Sharing Plan · $21M · 106 · 71st

  • TYPE $21M
  • NET 106
  • BOOK 71st
  • VS-ST 401(k)
  • BOY near Tenica and Associates LLC 401(k) Plan
  • SCH ind #14289

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 Minnesota →

Sopheon 401(k) Profit Sharing Plan in the asset neighbourhood

Sopheon 401(k) Profit Sharing PlanSopheon 401(k) Profit Sharin…$21MTenica and Associates LLC 401(k) PlanTenica and Associates LLC 40…$21MStewart Efi 401(k) Plan$21MFirst Community Bank Profit Sharing PlanFirst Community Bank Profit …$21MContinental Currency Services, Inc. 401(k) Retirement PlanContinental Currency Service…$21M
End-of-year total assets ($M) among Sopheon 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$21M
Net Income-$108K
Employer EIN411967943
Plan Effective Date1989-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sopheon Corporation)

Sponsor-wide plan assets over time

All Sopheon Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$21M 16.728169539190034% vs 2022
2024 filing year
$17M$18M$19M$20M$21M$22M 202220232024 $18.3M $21.3M ▲ +16.8%
Year Plans Participants Total Assets
2022 1 115 $18M
2023 1 115 $21M
2024 1 106 $21M

Nearby 401(k) Plans in Minnesota

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

Sopheon 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Sopheon 401(k) Profit Sharing Plan, Total assets ($B): 0.02130585 · Participants: 106Sopheon 401(k) Profit Sharing PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Sopheon 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Sopheon 401(k) Profit Sharing Plan side-by-side with 3 peers →

Sopheon 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Tenica and Associates LLC 401(k) Plan in VA ($21M); by covered participants it is The Architect 401(k) Plan - Radiant Complexions Dermatology Clinic, Inc. in IA (106 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($21M here).

Similar participant headcount

Nearest other-state filings by covered participants (106 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Sopheon 401(k) Profit Sharing Plan assets move in 2024? ▼
Sopheon 401(k) Profit Sharing Plan held essentially flat - down 0.5% during 2024, from $21M to $21M. Reported net income was -$108K.
How have Sopheon Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sopheon Corporation's sponsor-wide assets grew 16.7%, from $18M to $21M.
Which 401(k) plans are similar in size to Sopheon 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Tenica and Associates LLC 401(k) Plan in VA ($21M, 238 participants).
Which 401(k) plans cover a similar participant headcount to Sopheon 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Architect 401(k) Plan - Radiant Complexions Dermatology Clinic, Inc. in IA (106 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 411967943.

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.