401(k) · DOL Form 5500 · 2024

Sound Family Medicine 401(k) Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
200
Participants Below avg headcount
71st
Percentile by assets National rank
$103,365
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Sound Family Medicine 401(k) Plan · Sponsored by Sound Family Medicine · Washington · Healthcare & Social Assistance

$21M in assets, 200 participants

Sound Family Medicine's Sound Family Medicine 401(k) Plan reported $21M in total assets and 200 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.

  • #12,737 in Healthcare & Social Assistance (16,916 peers)

Coverage in Washington

Sound Family Medicine 401(k) Plan covers 200 participants in Washington, about 14% of the average Washington filer (state average ~1,476 per filing). Assets: $21M.

#12,737
in Healthcare & Social Assistance (16,916 peers)
+12.0%
assets growth YoY

Sound Family Medicine 401(k) Plan's outsized position by total assets

Sound Family Medicine 401(k) Plan vs every filed plan by assets

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

$20,672,942 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

Sound Family Medicine 401(k) 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. Sound Family Medicine 401(k) Plan sits mid-pack in the medium band (200 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sound Family Medicine 401(k) Plan reported net income fell from $3M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Sound Family Medicine 401(k) Plan reported participants rose from 177 in the plan year 2023 filing to 200 in the plan year 2024 filing.
  • Sound Family Medicine 401(k) Plan end-of-year assets rose from $18M in the plan year 2023 filing to $21M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 911502939 · Sound Family Medicine PY 2024 · 401(k)

Sound Family Medicine 401(k) Plan · $21M · 200 · 71st

  • TYPE $21M
  • NET 200
  • BOOK 71st
  • VS-ST 401(k)
  • BOY near T.R. Nelson, Inc. Profit Sharing Plan
  • SCH ind #12737

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 Healthcare & Social Assistance retirement plans → · Plans in Washington →

Sound Family Medicine 401(k) Plan in the asset neighbourhood

Sound Family Medicine 401(k) PlanSound Family Medicine 401(k)…$21MT.R. Nelson, Inc. Profit Sharing PlanT.R. Nelson, Inc. Profit Sha…$21MNeda 401(k) Plan$21MAmericas Home Place, Inc. Profit Sharing PlanAmericas Home Place, Inc. Pr…$21MThe Employee 401(k) Plan of Pamarco Global GraphicsThe Employee 401(k) Plan of …$21M
End-of-year total assets ($M) among Sound Family Medicine 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Washington filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$21M
Net Income$2M
Employer EIN911502939
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sound Family Medicine)

Sponsor-wide plan assets over time

All Sound Family Medicine plans reported in each filing year

Latest sponsor-wide plan assets
$21M 34.35247747235443% vs 2022
2024 filing year
$14M$16M$18M$20M$22M 202220232024 $15.4M $20.7M ▲ +34.3%
Year Plans Participants Total Assets
2022 1 203 $15M
2023 1 177 $18M
2024 1 200 $21M

Nearby 401(k) Plans in Washington

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

Sound Family Medicine 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -500000050000010000001500000 -20020406080 Total assets ($B) Participants Sound Family Medicine 401(k) Plan, Total assets ($B): 0.020672942 · Participants: 200Sound Family Medicine 401(k) PlanThe 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 Family Medicine 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants

Sound Family Medicine 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Washington, the nearest 401(k) by assets is T.R. Nelson, Inc. Profit Sharing Plan in WI ($21M); by covered participants it is Tata Elxsi 401(k) Plan in MI (200 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 (200 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 Family Medicine 401(k) Plan assets move in 2024?
Sound Family Medicine 401(k) Plan grew at a solid clip - up 12.0% during 2024, from $18M to $21M. Reported net income was $2M.
How have Sound Family Medicine plan assets changed over time?
Across 3 plan years on file (2022-2024), Sound Family Medicine's sponsor-wide assets grew 34.4%, from $15M to $21M.
Which 401(k) plans are similar in size to Sound Family Medicine 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is T.R. Nelson, Inc. Profit Sharing Plan in WI ($21M, 2,378 participants).
Which 401(k) plans cover a similar participant headcount to Sound Family Medicine 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Tata Elxsi 401(k) Plan in MI (200 participants, $587K in assets).