401(k) · DOL Form 5500 · 2024

Sonatype, Inc. 401(k) Plan

Data updated 2026-08-25

$26M
Total assets Below avg plan size
296
Participants Below avg headcount
75th
Percentile by assets National rank
$87,516
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Sonatype Retirement Trust · Sponsored by Sonatype, Inc. · Maryland · Professional & Technical Services

$26M in assets, 296 participants

Sonatype, Inc.'s Sonatype Retirement Trust reported $26M in total assets and 296 participants in its 2024 DOL Form 5500 filing, ranking in the 75th 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.

  • #15,097 in Professional & Technical Services (20,173 peers)

Coverage in Maryland

Sonatype Retirement Trust covers 296 participants in Maryland, about 32% of the average Maryland filer (state average ~929 per filing). Assets: $26M.

#15,097
in Professional & Technical Services (20,173 peers)
+18.6%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Sonatype Retirement Trust's outsized position by total assets

Sonatype Retirement Trust vs every filed plan by assets

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

$25,904,765 Top 25% higher than 75% 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

Sonatype Retirement 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. Sonatype Retirement Trust sits mid-pack in the medium band (296 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sonatype Retirement Trust reported net income fell from $6M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Sonatype Retirement Trust reported participants fell from 368 in the plan year 2023 filing to 296 in the plan year 2024 filing.
  • Sonatype Retirement Trust end-of-year assets rose from $22M in the plan year 2023 filing to $26M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 260641472 · Sonatype, Inc. PY 2024 · 401(k)

Sonatype Retirement Trust · $26M · 296 · 75th

  • TYPE $26M
  • TYPE 296
  • TYPE 75th
  • TYPE 401(k)
  • TYPE near K2 Services LLC 401(k) Plan
  • TYPE ind #15097

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 Maryland →

Sonatype Retirement Trust in the asset neighbourhood

Considine & Considine 401(k) Profit Sharing Plan and TrustConsidine & Considine 401(k)…$26MSonatype Retirement Trust$26MK2 Services LLC 401(k) Plan$26MInterstate-Mcbee Retirement PlanInterstate-Mcbee Retirement …$26MVelocity Global 401(k) Retirement PlanVelocity Global 401(k) Retir…$26M
End-of-year total assets ($M) among Sonatype Retirement Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Maryland filing particulars

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$26M
Net Income$4M
Employer EIN260641472
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sonatype, Inc.)

Sponsor-wide plan assets over time

All Sonatype, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$26M 60.60114163307889% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $16.1M $25.9M ▲ +60.6%
Year Plans Participants Total Assets
2022 1 267 $16M
2023 1 368 $22M
2024 1 296 $26M

Nearby 401(k) Plans in Maryland

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

Sonatype Retirement Trust vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Sonatype Retirement Trust, Total assets ($B): 0.025904765 · Participants: 296Sonatype Retirement TrustLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 51.448624264 · Participants: 96812Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 11.712016434 · Participants: 101417Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 4.948487009 · Participants: 6639T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 4.08462816 · Participants: 2771Nfl Player Second Career Savings PlanLockheed Martin Corporation Performance Sharing Plan for Bargaining Employees, Total assets ($B): 2.987191008 · Participants: 18370Lockheed Martin Corporation Performance Sharing Plan for Bargaining Employees
Sonatype Retirement Trust vs. nearby 401(k) plans in Maryland, assets vs. participants

Sonatype Retirement Trust's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is K2 Services LLC 401(k) Plan in IL ($26M); by covered participants it is Bonhams & Butterfields 401(k) Plan in NY (296 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($26M here).

Similar participant headcount

Nearest other-state filings by covered participants (296 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 Sonatype Retirement Trust assets move in 2024?
Sonatype Retirement Trust grew sharply - up 18.6% during 2024, from $22M to $26M. Reported net income was $4M.
How have Sonatype, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Sonatype, Inc.'s sponsor-wide assets grew 60.6%, from $16M to $26M.
Where does Sonatype Retirement Trust rank by assets among Form 5500 filers?
Sonatype Retirement Trust ranks in the 75th 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 Sonatype Retirement Trust?
Among 401(k) plans in other states, the closest by assets is K2 Services LLC 401(k) Plan in IL ($26M, 439 participants).
Which 401(k) plans cover a similar participant headcount to Sonatype Retirement Trust?
Among 401(k) plans in other states, the closest by covered participants is Bonhams & Butterfields 401(k) Plan in NY (296 participants, $35M in assets).