# Sound Security, INC. 401(k) Plan
Source: https://planprovider.pro/companies/sound-security-inc-401k-plan

> Sound Security, INC.'s 401(k) plan: 142 participants, plan year 2023 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2023.

## 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](https://planprovider.pro/provider/lion-street) — SERVICE PROVIDER

- [MOSS ADAMS LLP](https://planprovider.pro/provider/milliman) — 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|—|—|—|—|

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