401(k) · DOL Form 5500 · 2024

Sound Credit Union 401(k) Plan

Data updated 2026-08-25

$58M
Total assets Below avg plan size
402
Participants Below avg headcount
86th
Percentile by assets National rank
$145,132
Avg per participant Above avg balance/head
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Official DOL plan name: Sound Credit Union 401(k) Retirement Savings Plan and Trust · Sponsored by Sound Credit Union · Washington · Finance & Insurance

$58M in assets, 402 participants

Sound Credit Union's Sound Credit Union 401(k) Retirement Savings Plan and Trust reported $58M in total assets and 402 participants in its 2024 DOL Form 5500 filing, ranking in the 86th 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.

  • #6,663 in Finance & Insurance (8,549 peers)

Coverage in Washington

Sound Credit Union 401(k) Retirement Savings Plan and Trust covers 402 participants in Washington, about 27% of the average Washington filer (state average ~1,476 per filing). Assets: $58M.

#6,663
in Finance & Insurance (8,549 peers)
+24.8%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Sound Credit Union 401(k) Retirement Savings Plan and Trust's outsized position by total assets

Sound Credit Union 401(k) Retirement Savings Plan and Trust vs every filed plan by assets

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

$58,343,012 Top 14% higher than 86% 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

Sound Credit Union 401(k) Retirement Savings Plan and Trust 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. Sound Credit Union 401(k) Retirement Savings Plan and Trust sits mid-pack in the medium band (402 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sound Credit Union 401(k) Retirement Savings Plan and Trust end-of-year assets rose from $47M in the plan year 2023 filing to $58M in the plan year 2024 filing.
  • Sound Credit Union 401(k) Retirement Savings Plan and Trust reported net income fell from $13M in the plan year 2023 filing to $12M in the plan year 2024 filing.
  • Sound Credit Union 401(k) Retirement Savings Plan and Trust reported participants rose from 367 in the plan year 2023 filing to 402 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 910557925 · Sound Credit Union PY 2024 · 401(k)

Sound Credit Union 401(k) Retirement Savings Plan and Trust · $58M · 402 · 86th

  • PCT $58M
  • EIN 402
  • RANK 86th
  • PHOTO 401(k)
  • IND near Thumbtack, Inc 401(k) Plan
  • EOY ind #6663

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 Finance & Insurance retirement plans → · Plans in Washington →

Sound Credit Union 401(k) Retirement Savings Plan and Trust in the asset neighbourhood

Thumbtack, Inc 401(k) Plan$58MMgp Ingredients Non-Union 401(k) & Profit Sharing PlanMgp Ingredients Non-Union 40…$58MNorthtown Automotive Companies, Inc. 401(k) PlanNorthtown Automotive Compani…$58MSound Credit Union 401(k) Retirement Savings Plan and TrustSound Credit Union 401(k) Re…$58MEmployee 401(k) Plan$58M
End-of-year total assets ($M) among Sound Credit Union 401(k) Retirement Savings Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Washington filing particulars

Total Assets (Beginning of Year)$47M
Net Assets (End of Year)$58M
Net Income$12M
Employer EIN910557925
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sound Credit Union)

Sponsor-wide plan assets over time

All Sound Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$58M 72.14586475580656% vs 2022
2024 filing year
$30M$40M$50M$60M$70M 202220232024 $33.9M $58.3M ▲ +72.1%
Year Plans Participants Total Assets
2022 1 354 $34M
2023 1 367 $47M
2024 1 402 $58M

Nearby 401(k) Plans in Washington

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

Sound Credit Union 401(k) Retirement Savings Plan and Trust vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -500000050000010000001500000 -20020406080 Total assets ($B) Participants Sound Credit Union 401(k) Retirement Savings Plan and Trust, Total assets ($B): 0.058343012 · Participants: 402Sound Credit Union 401(k) Retirement Savings Plan and TrustThe Boeing Company 401(k) Retirement Plan, Total assets ($B): 73.910477714 · Participants: 139394The Boeing Company 401(k) Retirement PlanMicrosoft Corporation Savings Plus 401(k) Plan, Total assets ($B): 65.646011638 · Participants: 118818Microsoft Corporation Savings Plus 401(k) PlanCostco 401(k) Retirement Plan, Total assets ($B): 41.017392708 · Participants: 202468Costco 401(k) Retirement PlanAmazon 401(k) Plan, Total assets ($B): 34.593744657 · Participants: 1209303Amazon 401(k) Plan401(k) Savings Plan, Total assets ($B): 10.074085187 · Participants: 86668401(k) Savings Plan
Sound Credit Union 401(k) Retirement Savings Plan and Trust vs. nearby 401(k) plans in Washington, assets vs. participants
Compare Sound Credit Union 401(k) Retirement Savings Plan and Trust side-by-side with 3 peers →

Sound Credit Union 401(k) Retirement Savings Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Washington, the nearest 401(k) by assets is Thumbtack, Inc 401(k) Plan in CA ($58M); by covered participants it is Pioneer College Caterers, Inc. Profit Sharing Plan in TN (402 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($58M here).

Similar participant headcount

Nearest other-state filings by covered participants (402 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 Sound Credit Union 401(k) Retirement Savings Plan and Trust assets move in 2024? ▼
Sound Credit Union 401(k) Retirement Savings Plan and Trust grew sharply - up 24.8% during 2024, from $47M to $58M. Reported net income was $12M.
How have Sound Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sound Credit Union's sponsor-wide assets grew 72.1%, from $34M to $58M.
Where does Sound Credit Union 401(k) Retirement Savings Plan and Trust rank by assets among Form 5500 filers? ▼
Sound Credit Union 401(k) Retirement Savings Plan and Trust ranks in the 86th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Sound Credit Union 401(k) Retirement Savings Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Thumbtack, Inc 401(k) Plan in CA ($58M, 649 participants).
Which 401(k) plans cover a similar participant headcount to Sound Credit Union 401(k) Retirement Savings Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Pioneer College Caterers, Inc. Profit Sharing Plan in TN (402 participants, $14M 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 910557925.

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.