Plan Snapshot
- Plan Sponsor: Sound Security, INC.
- Sponsor EIN: 911107170
- Sponsor Address: 8220 N INTERSTATE AVENUE, PORTLAND, OR, 97217
- Plan Type: 401(k)
- Total Participants: 142
- Total Assets: $5.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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. |
|---|---|---|---|---|
| 2023 | 142 | $5.8M | $87,537 | $531,453 |
| 2022 | 163 | $4.9M | $147,309 | $493,482 |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT INSURANCE & ANNUITY | RECORDKEEPER | $71,930 | — | $71,930 |
| LION STREET ADVISORS LLC | SERVICE PROVIDER | — | $26,446 | $26,446 |
| MOSS ADAMS LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LION STREET ADVISORS LLC — SERVICE PROVIDER
- MOSS ADAMS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $98,376
- Estimated Expense Ratio: 1.684% 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 |
|---|---|---|---|---|---|
| 2023 | $36,646 | $1,362 | $34,984 | — | — |
| 2022 | $38,959 | — | — | — | — |