Plan Snapshot
- Plan Sponsor: Sonos, INC.
- Sponsor EIN: 030479476
- Sponsor Address: 301 COROMAR DRIVE, GOLETA, CA, 93117
- Plan Type: 401(k)
- Total Participants: 1,152
- Total Assets: $207.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,152 | $207.9M | $5.8M | $19.8M |
| 2023 | 1,302 | $168.7M | $5.9M | $19.8M |
| 2022 | 1,318 | $121.8M | $5.3M | $17.7M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| BARTLETT PRINGLE & WOLF | Auditor | $23,182 | — | $23,182 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $23,182
- Estimated Expense Ratio: 0.011% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $204,713 | $67,643 | — | $23,182 | — |
| 2023 | $172,639 | — | $1,200 | $26,409 | — |
| 2022 | $220,659 | — | $220,659 | — | — |