Department of Labor filing

SOUND FAMILY MEDICINE

SOUND FAMILY MEDICINE 401(K) PLAN · For the plan year ended Dec 31, 2024

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Public filing 2024 · received Oct 7, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

41filing comparison
out of 100

The filing looks broadly typical among comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support

$1,862

Reported employer contributions per active participant.

Higher than about 39% of comparable plans

#People in the filing

219

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$163 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 45% of comparable plans

↗Investment performance

Not available

Plan assets changed 12.0%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202441out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions39th percentileTypical peer $2,397 · based on 2,295 comparable plans

Lower reported administrative expense45th percentileTypical peer $143 · based on 2,373 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, SOUND FAMILY MEDICINE reported $407,714 in employer contributions across the plan and 219 active participants. That works out to $1,862 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy74%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendDown 9.5%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendDown 0.3%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context41/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $407,714
Participant contributions: $779,555
Other contributions: $350,941
Employer share of reported contributions: 34.3%
Beginning assets: $18,465,869
Ending assets: $20,672,942
Ending net assets: $20,672,942
Ending liabilities: Not reported
Total income: $4,128,178
Total expenses: $1,921,105
Administrative expenses: $44,955
Participant loans: $154,789

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$2,057

2023

$1,997

2024

$1,862

Plan-paid administrative expenses per participant

2022

$164

2023

$169

2024

$163

Active participants

2022

176

2023

194

2024

219

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$1,862	219	20.7M	20251007160713NAL0002812131003
2023	$1,997	194	18.5M	20241009100304NAL0030873040003
2022	$2,057	176	15.4M	20231016190218NAL0025776787001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 0.7%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Yes
Public plan identifier: 911502939-002

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jan 1, 1991
Industry: Health care and social assistance
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2A2E2F2G2J2K2T3D

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

Provider	Plan year	Direct compensation	Indirect compensation
TRANSAMERICA RETIREMENT SOLUTIONS	2024	Not reported	unknown

Current plan terms

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Filing ACK_ID20251007160713NAL0002812131003

Data sourceDOL Form 5500 bulk data ↗

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