401(k) · DOL Form 5500 · 2024
Sorensen, Vance & Company, P.C. 401(k) Plan
Data updated 2026-08-25
- $6M
- Total assets Small plan by assets
- 16
- Participants Small participant base
- 44th
- Percentile by assets National rank
- $343,795
- Avg per participant High balance/head
Official DOL plan name: Sorensen, Vance & Company, P.C. 401(k) Profit Sharing Plan · Sponsored by Sorensen, Vance & Company, P.C. · Utah · Professional & Technical Services
$6M in assets, 16 participants
Sorensen, Vance & Company, P.C.'s Sorensen, Vance & Company, P.C. 401(k) Profit Sharing Plan reported $6M in total assets and 16 participants in its 2024 DOL Form 5500 filing, ranking in the 44th 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.
- #8,344 in Professional & Technical Services (20,173 peers)
2024 asset change
Sorensen, Vance & Company, P.C. 401(k) Profit Sharing Plan declined sharply 15.5% in 2024 ($7M → $6M) for 16 participants.
- #8,344
- in Professional & Technical Services (20,173 peers)
- -15.5%
- assets change YoY
The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Sorensen, Vance & Company, P.C. 401(k) Profit Sharing Plan's mid-pack asset rank among Professional & Technical Services and all filers
Sorensen, Vance & Company, P.C. 401(k) Profit Sharing Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$5,500,714 44th percentile higher than 44% 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
Sorensen, Vance & Company, P.C. 401(k) Profit Sharing Plan among smaller filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sorensen, Vance & Company, P.C. 401(k) Profit Sharing Plan is a small filing (16 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Sorensen, Vance & Company, P.C. 401(k) Profit Sharing Plan reported net income fell from $933K in the plan year 2023 filing to -$1M in the plan year 2024 filing.
- Sorensen, Vance & Company, P.C. 401(k) Profit Sharing Plan end-of-year assets fell from $7M in the plan year 2023 filing to $6M in the plan year 2024 filing.
- Sorensen, Vance & Company, P.C. 401(k) Profit Sharing Plan reported participants rose from 14 in the plan year 2023 filing to 16 in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 870439430 · Sorensen, Vance & Company, P.C. PY 2024 · 401(k)
Sorensen, Vance & Company, P.C. 401(k) Profit Sharing Plan · $6M · 16 · 44th
- EIN $6M
- RANK 16
- PHOTO 44th
- IND 401(k)
- EOY near Whitestone Group 401(k) Plan
- 5500 ind #8344
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 Professional & Technical Services retirement plans → · Plans in Utah →
Sorensen, Vance & Company, P.C. 401(k) Profit Sharing Plan in the asset neighbourhood
Sorensen, Vance & Company, P.C. years around the 2024 move
Sponsor-wide plan assets over time
All Sorensen, Vance & Company, P.C. plans reported in each filing year
- Latest sponsor-wide plan assets
- $6M 1.3184476285146927% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 13 | $6M |
| 2023 | 1 | 14 | $7M |
| 2024 | 1 | 16 | $6M |
2024 asset-move particulars
| Total Assets (Beginning of Year) | $7M |
|---|---|
| Net Assets (End of Year) | $6M |
| Net Income | -$1M |
| Employer EIN | 870439430 |
| Plan Effective Date | 1988-02-01 |
| Filing Status | FILING RECEIVED |
Nearby 401(k) Plans in Utah
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Intermountain Health 401(k) Plan $6.8B · 68,360
- Deseret 401(k) Plan $6.1B · 25,301
- Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan $1.9B · 9,972
- Skywest, Inc. Employees' Retirement Plan $1.4B · 14,259
- Rio Tinto America Inc. 401(k) Savings Plan and Investment Partnership Plan $687M · 1,926
Sorensen, Vance & Company, P.C. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount
Outside Utah, the nearest 401(k) by assets is Whitestone Group 401(k) Plan in OH ($6M); by covered participants it is I. Schumann & Co. LLC 401(k) Profit Sharing Plan & Trust in OH (16 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($6M here).
- Whitestone Group 401(k) Plan (OH) $6M · 331
- Psicc 401(k) Plan (TN) $6M · 191
- Loyalkaspar, Inc. 401(k) Plan (NY) $6M · 10
- R.J.S. Tool & Gage Co. Employees' Profit Sharing & 401(k) Plan (MI) $6M · 15
Similar participant headcount
Nearest other-state filings by covered participants (16 participants); asset peers above are excluded.
- I. Schumann & Co. LLC 401(k) Profit Sharing Plan & Trust (OH) 16 · 0 off
- Texas Midwest Emergency Physicians PA 401(k) Profit Sharing Plan & Trust (TX) 16 · 0 off
- River's Edge Dental Clinic 401(k)/Profit Sharing Plan (MN) 16 · 0 off
- Kelley-Mackenzie Auto Parts, Inc. 401(k) Profit Sharing Plan and Trust (NH) 16 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.