Sound Point Capital Management 401(k) match, vesting and fees
What Sound Point Capital Management's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | ADP, Inc. | Schedule C ↗ |
| Independent auditor | Withum Smith & Brown PC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,409 defined-contribution plans in finance and insurance with 100 to 499 participants.
| Sound Point Capital Management: employer contribution per participant | $4,574 | |
| Peer median | $2,868 |
| Sound Point Capital Management: average balance | $111,024 | |
| Peer median | $95,281 |
| Sound Point Capital Management: admin expenses ÷ assets | 0.15% | |
| Peer median | 0.22% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $8.7M at the end of plan year 2021 to $23M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 223 | $23M | $947K | $4,574 | 0.15% | Not published | Form 5500 ↗ |
| 2023 | 218 | $16.1M | $721K | $3,774 | 0.16% | Not published | Form 5500 ↗ |
| 2022 | 176 | $9.8M | $522K | $3,600 | 0.02% | Not published | 5500-SF ↗ |
| 2021 | 145 | $8.7M | $335K | $3,248 | <0.01% | Not published | 5500-SF ↗ |
Other Sound Point Capital Management plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Sound Point Capital Management LP Cash Balance Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Sound Point Capital Management match 401(k) contributions?
The match terms for the Sound Point Capital Management, LP 401(k) Profit Sharing Plan a have not been published from its filing yet. The plan year 2024 filing reports $947K in employer contributions, about $4,574 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Sound Point Capital Management 401(k) match vested?
The vesting schedule for the Sound Point Capital Management, LP 401(k) Profit Sharing Plan a is not in the data published so far. Your Summary Plan Description states it.
Who manages the Sound Point Capital Management 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is ADP, Inc.. The plan administrator is Sound Point Capital Management.
I left Sound Point Capital Management. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Sound Point Capital Management, (212) 895-2268) or the recordkeeper, ADP, Inc.. The Sound Point Capital Management old 401(k) page lists the contacts from every plan filing. Find an old Sound Point Capital Management 401(k)
Data from the public Form 5500 annual reports Sound Point Capital Management filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Sound Point Capital Management. Not financial advice. Report a correction · Methodology