401(k) · DOL Form 5500 · 2024

Sovereign Healthcare Holdings, LLC 401(k) Plan

Data updated 2026-08-11

$31M
Total assets
4,437
Participants
78th
Percentile by assets
$7,033
Avg per participant
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Official DOL plan name: Sovereign Healthcare 401(k) Plan · Sponsored by Sovereign Healthcare Holdings, LLC · Florida · Healthcare & Social Assistance

$31M in assets, 4,437 participants

Sovereign Healthcare Holdings, LLC's Sovereign Healthcare 401(k) Plan reported $31M in total assets and 4,437 participants in its 2024 DOL Form 5500 filing, ranking in the 78th 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.

  • 78th percentile by assets (of 123,622 plans)
  • #13,742 in Healthcare & Social Assistance (16,916 peers)

Coverage in Florida

Sovereign Healthcare 401(k) Plan covers 4,437 participants in Florida, 7.1x the typical Florida plan (state average ~628 per filing). Assets: $31M.

$31M
total plan assets (2024 EOY)
4,437
covered participants
78th
percentile by assets (of 123,622 plans)
$7,033
avg assets per participant

Where Sovereign Healthcare 401(k) Plan sits by total assets

Sovereign Healthcare 401(k) Plan vs every filed plan by assets

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

$31,205,448 Top 22% higher than 78% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sovereign Healthcare 401(k) Plan reported net income fell from $5M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Sovereign Healthcare 401(k) Plan reported participants rose from 4,021 in the plan year 2023 filing to 4,437 in the plan year 2024 filing.
  • Sovereign Healthcare 401(k) Plan end-of-year assets rose from $28M in the plan year 2023 filing to $31M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Florida filers

In Florida, the average filing covers about 628 participants across 6,617 plans. Sovereign Healthcare 401(k) Plan reports 4,437 participants - 7.1x that state average ($31M EOY assets).

Florida filing particulars

Total Assets (Beginning of Year)$28M
Net Assets (End of Year)$31M
Net Income$3M
Employer EIN200101170
Plan Effective Date2005-08-04
Filing StatusFILING RECEIVED

Sponsor Plan History (Sovereign Healthcare Holdings, LLC)

$20M$25M$30M$35M 202220232024 $23.5M $31.2M ▲ +32.9%
Total plan assets by year, all Sovereign Healthcare Holdings, LLC plans on file
Year Plans Participants Total Assets
2022 1 3,826 $23M
2023 1 4,021 $28M
2024 1 4,437 $31M

Nearby 401(k) Plans in Florida

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

Sovereign Healthcare 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants Sovereign Healthcare…, Total assets ($B): 0.031205448 · Participants: 4437Sovereign Healthcare…L3harris Retirement …, Total assets ($B): 16.316786122 · Participants: 40330L3harris Retirement …Savings Plan for Emp…, Total assets ($B): 13.167098888 · Participants: 51081Savings Plan for Emp…Adp Totalsource Reti…, Total assets ($B): 9.190044852 · Participants: 310261Adp Totalsource Reti…Publix Super Markets…, Total assets ($B): 8.068866271 · Participants: 197102Publix Super Markets…Nextera Energy, Inc.…, Total assets ($B): 5.484619612 · Participants: 16678Nextera Energy, Inc.…
Sovereign Healthcare 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Sovereign Healthcare 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Sovereign Healthcare 401(k) Plan assets move in 2024?
Sovereign Healthcare 401(k) Plan grew at a solid clip - up 10.3% during 2024, from $28M to $31M. Reported net income was $3M.
How have Sovereign Healthcare Holdings, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Sovereign Healthcare Holdings, LLC's sponsor-wide assets grew 32.9%, from $23M to $31M.
Where does Sovereign Healthcare 401(k) Plan rank by assets among Form 5500 filers?
Sovereign Healthcare 401(k) Plan ranks in the 78th 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 Sovereign Healthcare 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Mosaic Dental Collective 401(k) Plan in WA ($31M, 545 participants).

Filing takeaways

Ways to act on Sovereign Healthcare 401(k) Plan's numbers.