Plan Snapshot
- Plan Sponsor: Sound Community Services, INC.
- Sponsor EIN: 060938920
- Sponsor Address: 21 MONTAUK AVE STE 301, NEW LONDON, CT, 063204906
- Plan Type: 401(k)
- Total Participants: 109
- Total Assets: $1.4M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 109 | $1.4M | $0 | $148,199 |
| 2023 | 128 | $1.8M | $0 | $164,581 |
| 2022 | 127 | $1.5M | $0 | $110,417 |
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 |
|---|---|---|---|---|
| FIONDELLA MILONE & LASARACINA | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $727 | — | — | — | — |
| 2023 | $539 | — | — | — | — |
| 2022 | $1,282 | — | — | — | — |