401(k) · DOL Form 5500 · 2024

Sound Community Bank 401(k) Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
139
Participants Small participant base
65th
Percentile by assets National rank
$108,927
Avg per participant Below avg balance/head
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Official DOL plan name: Sound Community Bank 401(k) Profit Sharing Plan · Sponsored by Sound Community Bank · Washington · Finance & Insurance

$15M in assets, 139 participants

Sound Community Bank's Sound Community Bank 401(k) Profit Sharing Plan reported $15M in total assets and 139 participants in its 2024 DOL Form 5500 filing, ranking in the 65th 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.

  • #4,156 in Finance & Insurance (8,549 peers)

Coverage in Washington

Sound Community Bank 401(k) Profit Sharing Plan covers 139 participants in Washington, about 9% of the average Washington filer (state average ~1,476 per filing). Assets: $15M.

#4,156
in Finance & Insurance (8,549 peers)
+20.9%
assets growth YoY

Sound Community Bank 401(k) Profit Sharing Plan's mid-pack asset rank among Finance & Insurance and all filers

Sound Community Bank 401(k) Profit Sharing Plan vs every filed plan by assets

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

$15,140,875 Top 35% higher than 65% 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 Community Bank 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. Sound Community Bank 401(k) Profit Sharing Plan sits mid-pack in the medium band (139 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sound Community Bank 401(k) Profit Sharing Plan end-of-year assets rose from $13M in the plan year 2023 filing to $15M in the plan year 2024 filing.
  • Sound Community Bank 401(k) Profit Sharing Plan reported net income rose from $2M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Sound Community Bank 401(k) Profit Sharing Plan reported participants fell from 142 in the plan year 2023 filing to 139 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 910619653 · Sound Community Bank PY 2024 · 401(k)

Sound Community Bank 401(k) Profit Sharing Plan · $15M · 139 · 65th

  • PART $15M
  • PART 139
  • PART 65th
  • PART 401(k)
  • PART near The Guidance Center 401(k) Plan
  • PART ind #4156

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 Community Bank 401(k) Profit Sharing Plan in the asset neighbourhood

Sound Community Bank 401(k) Profit Sharing PlanSound Community Bank 401(k) …$15MThe Guidance Center 401(k) PlanThe Guidance Center 401(k) P…$15MSidock Group Inc. 401(k)$15MAstech Corp. Employees Savings TrustAstech Corp. Employees Savin…$15MOrangetheory Fitness 401(k) Retirement PlanOrangetheory Fitness 401(k) …$15M
End-of-year total assets ($M) among Sound Community Bank 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Washington filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$15M
Net Income$3M
Employer EIN910619653
Plan Effective Date2002-10-02
Filing StatusFILING RECEIVED

Sponsor Plan History (Sound Community Bank)

Sponsor-wide plan assets over time

All Sound Community Bank plans reported in each filing year

Latest sponsor-wide plan assets
$25M 50.07078747220213% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $16.8M $25.2M ▲ +50.0%
Year Plans Participants Total Assets
2022 2 226 $17M
2023 2 295 $20M
2024 2 250 $25M

Nearby 401(k) Plans in Washington

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

Sound Community Bank 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -500000050000010000001500000 -20020406080 Total assets ($B) Participants Sound Community Bank 401(k) Profit Sharing Plan, Total assets ($B): 0.015140875 · Participants: 139Sound Community Bank 401(k) Profit Sharing 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 Community Bank 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Washington, assets vs. participants
Compare Sound Community Bank 401(k) Profit Sharing Plan side-by-side with 3 peers →

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

Outside Washington, the nearest 401(k) by assets is The Guidance Center 401(k) Plan in PA ($15M); by covered participants it is Minamyer Residential 401(k) Plan in OH (139 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($15M here).

Similar participant headcount

Nearest other-state filings by covered participants (139 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 Community Bank 401(k) Profit Sharing Plan assets move in 2024? ▼
Sound Community Bank 401(k) Profit Sharing Plan grew sharply - up 20.9% during 2024, from $13M to $15M. Reported net income was $3M.
How have Sound Community Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sound Community Bank's sponsor-wide assets grew 50.1%, from $17M to $25M.
Which 401(k) plans are similar in size to Sound Community Bank 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Guidance Center 401(k) Plan in PA ($15M, 137 participants).
Which 401(k) plans cover a similar participant headcount to Sound Community Bank 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Minamyer Residential 401(k) Plan in OH (139 participants, $2M 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 910619653.

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.