401(k) · DOL Form 5500 · 2024

Sofie Network Inc. 401(k) Plan

Data updated 2026-08-25

$25M
Total assets Below avg plan size
400
Participants Below avg headcount
74th
Percentile by assets National rank
$62,615
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Sofie Network 401(k) Plan · Sponsored by Sofie Network Inc. · Virginia · Retail Trade

$25M in assets, 400 participants

Sofie Network Inc.'s Sofie Network 401(k) Plan reported $25M in total assets and 400 participants in its 2024 DOL Form 5500 filing, ranking in the 74th 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.

  • #6,769 in Retail Trade (8,048 peers)

Sofie Network Inc. multi-year trail

Sofie Network Inc.'s plans moved +45.7% in assets from 2022 to 2024; this filing shows Sofie Network 401(k) Plan at $25M / 400 participants.

#6,769
in Retail Trade (8,048 peers)
+21.9%
assets growth YoY

Sofie Network 401(k) Plan's outsized position by total assets

Sofie Network 401(k) Plan vs every filed plan by assets

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

$25,045,911 Top 26% higher than 74% 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

Sofie Network 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. Sofie Network 401(k) Plan sits mid-pack in the medium band (400 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sofie Network 401(k) Plan reported net income rose from $3M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Sofie Network 401(k) Plan end-of-year assets rose from $21M in the plan year 2023 filing to $25M in the plan year 2024 filing.
  • Sofie Network 401(k) Plan reported participants rose from 356 in the plan year 2023 filing to 400 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 821041795 · Sofie Network Inc. PY 2024 · 401(k)

Sofie Network 401(k) Plan · $25M · 400 · 74th

  • RANK $25M
  • RANK 400
  • RANK 74th
  • RANK 401(k)
  • RANK near Mre Consulting 401(k) Plan
  • RANK ind #6769

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 Retail Trade retirement plans → · Plans in Virginia →

Sofie Network 401(k) Plan in the asset neighbourhood

Sofie Network 401(k) Plan$25MMre Consulting 401(k) Plan$25MApct, Inc. 401(k) Plan$25MProgressive Machine & Design, LLC 401(k) PlanProgressive Machine & Design…$25MTexans Credit Union 401(k) Savings PlanTexans Credit Union 401(k) S…$25M
End-of-year total assets ($M) among Sofie Network 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Sofie Network Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Sofie Network Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$25M 45.74477117099293% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $17.2M $25.1M ▲ +45.8%
Year Plans Participants Total Assets
2022 1 256 $17M
2023 1 356 $21M
2024 1 400 $25M

Sofie Network Inc. filing trail (2024)

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$25M
Net Income$5M
Employer EIN821041795
Plan Effective Date2004-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Virginia

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

Sofie Network 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Sofie Network 401(k) Plan, Total assets ($B): 0.025045911 · Participants: 400Sofie Network 401(k) PlanNorthrop Grumman Savings Plan, Total assets ($B): 39.473777135 · Participants: 104719Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 16.840459887 · Participants: 62869401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 12.395006194 · Participants: 49414General Dynamics Corporation 401(k) Plan 6.0Capital One Financial Corporation Associate Savings Plan, Total assets ($B): 12.04952818 · Participants: 44933Capital One Financial Corporation Associate Savings PlanLeidos, Inc. Retirement Plan, Total assets ($B): 11.790942581 · Participants: 29734Leidos, Inc. Retirement Plan
Sofie Network 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Sofie Network 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Mre Consulting 401(k) Plan in TX ($25M); by covered participants it is Epsilon, Inc. 401(k) Plan in NC (400 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($25M here).

Similar participant headcount

Nearest other-state filings by covered participants (400 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 Sofie Network 401(k) Plan assets move in 2024?
Sofie Network 401(k) Plan grew sharply - up 21.9% during 2024, from $21M to $25M. Reported net income was $5M.
How have Sofie Network Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Sofie Network Inc.'s sponsor-wide assets grew 45.7%, from $17M to $25M.
Which 401(k) plans are similar in size to Sofie Network 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Mre Consulting 401(k) Plan in TX ($25M, 133 participants).
Which 401(k) plans cover a similar participant headcount to Sofie Network 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Epsilon, Inc. 401(k) Plan in NC (400 participants, $10M in assets).