ESOP · DOL Form 5500 · 2024
Sofha Management Services, Inc. ESOP
Data updated 2026-08-25
- $400K
- Total assets Small plan by assets
- 913
- Participants Near avg headcount
- 16th
- Percentile by assets National rank
- $438
- Avg per participant Low balance/head
Official DOL plan name: Sofha Management Services, Inc. Employee Stock Ownership Plan · Sponsored by Sofha Management Services, Inc. · Tennessee · Healthcare & Social Assistance
$400K in assets, 913 participants
Sofha Management Services, Inc.'s Sofha Management Services, Inc. Employee Stock Ownership Plan reported $400K in total assets and 913 participants in its 2024 DOL Form 5500 filing, ranking in the 16th 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.
- #1,920 in Healthcare & Social Assistance (16,916 peers)
Sofha Management Services, Inc. multi-year trail
Sofha Management Services, Inc.'s plans moved +2201.0% in assets from 2023 to 2024; this filing shows Sofha Management Services, Inc. Employee Stock Ownership Plan at $400K / 913 participants.
- #1,920
- in Healthcare & Social Assistance (16,916 peers)
- -94.2%
- assets change YoY
The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Sofha Management Services, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets
Sofha Management Services, Inc. Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$400,000 16th percentile higher than 16% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Sofha Management Services, Inc. Employee Stock Ownership 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. Sofha Management Services, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (913 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Sofha Management Services, Inc. Employee Stock Ownership Plan reported net income fell from -$1M in the plan year 2023 filing to -$6M in the plan year 2024 filing.
- Sofha Management Services, Inc. Employee Stock Ownership Plan end-of-year assets fell from $7M in the plan year 2023 filing to $400K in the plan year 2024 filing.
- Sofha Management Services, Inc. Employee Stock Ownership Plan reported participants rose from 853 in the plan year 2023 filing to 913 in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 991088595 · Sofha Management Services, Inc. PY 2024 · ESOP
Sofha Management Services, Inc. Employee Stock Ownership Plan · $400K · 913 · 16th
- PCT $400K
- PCT 913
- PCT 16th
- PCT ESOP
- PCT near Charlan Brock & Associates, Inc. Employee Stock Ownership Plan
- PCT ind #1920
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 What is an ESOP? → · Plans in Tennessee →
Sofha Management Services, Inc. Employee Stock Ownership Plan in the asset neighbourhood
Sofha Management Services, Inc. multi-year asset trail
Sponsor-wide plan assets over time
All Sofha Management Services, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $158M 2200.9568759124086% vs 2023
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2023 | 1 | 853 | $7M |
| 2024 | 2 | 1,800 | $158M |
Sofha Management Services, Inc. filing trail (2024)
| Total Assets (Beginning of Year) | $7M |
|---|---|
| Net Assets (End of Year) | -$7M |
| Net Income | -$6M |
| Employer EIN | 991088595 |
| Plan Effective Date | 2023-12-31 |
| Filing Status | FILING RECEIVED |
Nearby ESOP Plans in Tennessee
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Barr Brands International Amended and Restated Employee Stock Ownership Plan $470M · 403
- Zander Group Holdings, Inc. Employee Stock Ownership Plan $247M · 201
- National Health Corp Leveraged Employee Stock Ownership Plan $168M · 1,385
- 3ls, Inc. Employee Stock Ownership Plan $143M · 515
- Smith Seckman Reid, Inc. Employee Stock Ownership Plan $116M · 507
Sofha Management Services, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside Tennessee, the nearest ESOP by assets is Charlan Brock & Associates, Inc. Employee Stock Ownership Plan in FL ($400K); by covered participants it is Symbria Inc. Employee Stock Ownership Plan in IL (914 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($400K here).
Similar participant headcount
Nearest other-state filings by covered participants (913 participants); asset peers above are excluded.
- Symbria Inc. Employee Stock Ownership Plan (IL) 914 · 1 off
- Building Material Distributors, Inc. Employee Stock Ownership Plan and Trust (CA) 915 · 2 off
- Barr Engineering Co. Employee Stock Ownership Plan (MN) 910 · 3 off
- Allied Motion Technologies Inc. Employees' Stock Ownership Plan (NY) 909 · 4 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.