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SOUND SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameSOUND SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN
Plan identification number 001

SOUND SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • Profit-sharing
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

SOUND SOLUTIONS, INC. has sponsored the creation of one or more 401k plans.

Company Name:SOUND SOLUTIONS, INC.
Employer identification number (EIN):860864658
NAIC Classification:713900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SOUND SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012017-01-01PHILLIP CRENSHAW PHILLIP CRENSHAW2018-10-11
0012016-01-01PHILLIP CRENSHAW PHILLIP CRENSHAW2017-10-12
0012016-01-01 PHILLIP CRENSHAW2017-06-02
0012015-01-01PHILLIP CRENSHAW2016-08-22 PHILLIP CRENSHAW2016-08-22
0012014-01-01PHILLIP CRENSHAW2015-10-14 PHILLIP CRENSHAW2015-10-14
0012013-01-01PHILLIP CRENSHAW2014-06-04 PHILLIP CRENSHAW2014-06-04
0012012-01-01PHILLIP CRENSHAW2013-10-15 PHILLIP CRENSHAW2013-10-15
0012011-01-01PHILLIP CRENSHAW2012-07-30 PHILLIP CRENSHAW2012-07-30
0012010-01-01PHILLIP J. CRENSHAW
0012009-01-01RICHARD L. CRENSHAW

Plan Statistics for SOUND SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for SOUND SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2023: SOUND SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2023 401k membership
Total participants, beginning-of-year2023-01-0114
Total number of active participants reported on line 7a of the Form 55002023-01-017
Number of retired or separated participants receiving benefits2023-01-010
Number of other retired or separated participants entitled to future benefits2023-01-016
Total of all active and inactive participants2023-01-0113
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2023-01-010
Total participants2023-01-0113
Number of participants with account balances2023-01-0111
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2023-01-010
2022: SOUND SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-0114
Total number of active participants reported on line 7a of the Form 55002022-01-018
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-016
Total of all active and inactive participants2022-01-0114
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-0114
Number of participants with account balances2022-01-0111
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: SOUND SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-0114
Total number of active participants reported on line 7a of the Form 55002021-01-017
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-017
Total of all active and inactive participants2021-01-0114
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-0114
Number of participants with account balances2021-01-0111
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: SOUND SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-0113
Total number of active participants reported on line 7a of the Form 55002020-01-016
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-017
Total of all active and inactive participants2020-01-0113
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-0113
Number of participants with account balances2020-01-0111
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: SOUND SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-0111
Total number of active participants reported on line 7a of the Form 55002019-01-014
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-017
Total of all active and inactive participants2019-01-0111
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-0111
Number of participants with account balances2019-01-0111
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-011
2017: SOUND SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-0111
Total number of active participants reported on line 7a of the Form 55002017-01-014
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-017
Total of all active and inactive participants2017-01-0111
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-0111
Number of participants with account balances2017-01-0111
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: SOUND SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-0113
Total number of active participants reported on line 7a of the Form 55002016-01-016
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-014
Total of all active and inactive participants2016-01-0110
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0110
Number of participants with account balances2016-01-0110
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-012
2010: SOUND SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-0111
Total number of active participants reported on line 7a of the Form 55002010-01-014
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-017
Total of all active and inactive participants2010-01-0111
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-0111
Number of participants with account balances2010-01-0111
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-011
2009: SOUND SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0112
Total number of active participants reported on line 7a of the Form 55002009-01-015
Number of retired or separated participants receiving benefits2009-01-018
Number of other retired or separated participants entitled to future benefits2009-01-010
Total of all active and inactive participants2009-01-0113
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0113
Number of participants with account balances2009-01-0110
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on SOUND SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2023 : SOUND SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2023 401k financial data
Total income from all sources2023-12-31$-131,531
Expenses. Total of all expenses incurred2023-12-31$0
Total plan assets at end of year2023-12-31$705,406
Total plan assets at beginning of year2023-12-31$836,937
Total contributions received or receivable from participants2023-12-31$0
Expenses. Other expenses not covered elsewhere2023-12-31$0
Contributions received from other sources (not participants or employers)2023-12-31$0
Other income received2023-12-31$-131,531
Net income (gross income less expenses)2023-12-31$-131,531
Net plan assets at end of year (total assets less liabilities)2023-12-31$705,406
Net plan assets at beginning of year (total assets less liabilities)2023-12-31$836,937
Assets. Value of real-estate (other than employer real property)2023-12-31$300,000
Total contributions received or receivable from employer(s)2023-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2023-12-31$0
2022 : SOUND SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2022 401k financial data
Total income from all sources2022-12-31$100,668
Expenses. Total of all expenses incurred2022-12-31$0
Total plan assets at end of year2022-12-31$836,937
Total plan assets at beginning of year2022-12-31$736,269
Total contributions received or receivable from participants2022-12-31$0
Expenses. Other expenses not covered elsewhere2022-12-31$0
Contributions received from other sources (not participants or employers)2022-12-31$0
Other income received2022-12-31$100,668
Net income (gross income less expenses)2022-12-31$100,668
Net plan assets at end of year (total assets less liabilities)2022-12-31$836,937
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$736,269
Assets. Value of real-estate (other than employer real property)2022-12-31$524,000
Total contributions received or receivable from employer(s)2022-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2022-12-31$0
2021 : SOUND SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2021 401k financial data
Total income from all sources2021-12-31$-56,381
Expenses. Total of all expenses incurred2021-12-31$0
Total plan assets at end of year2021-12-31$736,269
Total plan assets at beginning of year2021-12-31$792,650
Total contributions received or receivable from participants2021-12-31$0
Expenses. Other expenses not covered elsewhere2021-12-31$0
Contributions received from other sources (not participants or employers)2021-12-31$0
Other income received2021-12-31$-56,381
Net income (gross income less expenses)2021-12-31$-56,381
Net plan assets at end of year (total assets less liabilities)2021-12-31$736,269
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$792,650
Assets. Value of real-estate (other than employer real property)2021-12-31$300,000
Total contributions received or receivable from employer(s)2021-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2021-12-31$0
2020 : SOUND SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2020 401k financial data
Total income from all sources2020-12-31$172,354
Expenses. Total of all expenses incurred2020-12-31$0
Total plan assets at end of year2020-12-31$792,650
Total plan assets at beginning of year2020-12-31$620,296
Value of fidelity bond covering the plan2020-12-31$262,000
Total contributions received or receivable from participants2020-12-31$0
Expenses. Other expenses not covered elsewhere2020-12-31$0
Contributions received from other sources (not participants or employers)2020-12-31$0
Other income received2020-12-31$172,354
Net income (gross income less expenses)2020-12-31$172,354
Net plan assets at end of year (total assets less liabilities)2020-12-31$792,650
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$620,296
Assets. Value of real-estate (other than employer real property)2020-12-31$262,000
Total contributions received or receivable from employer(s)2020-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2020-12-31$0
2019 : SOUND SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2019 401k financial data
Total income from all sources2019-12-31$168,774
Expenses. Total of all expenses incurred2019-12-31$0
Total plan assets at end of year2019-12-31$620,296
Total plan assets at beginning of year2019-12-31$451,522
Value of fidelity bond covering the plan2019-12-31$164,700
Total contributions received or receivable from participants2019-12-31$0
Expenses. Other expenses not covered elsewhere2019-12-31$0
Contributions received from other sources (not participants or employers)2019-12-31$0
Other income received2019-12-31$146,768
Net income (gross income less expenses)2019-12-31$168,774
Net plan assets at end of year (total assets less liabilities)2019-12-31$620,296
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$451,522
Assets. Value of real-estate (other than employer real property)2019-12-31$164,700
Total contributions received or receivable from employer(s)2019-12-31$22,006
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$0
2017 : SOUND SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2017 401k financial data
Total income from all sources2017-12-31$111,543
Expenses. Total of all expenses incurred2017-12-31$19,990
Benefits paid (including direct rollovers)2017-12-31$19,990
Total plan assets at end of year2017-12-31$527,852
Total plan assets at beginning of year2017-12-31$436,299
Value of fidelity bond covering the plan2017-12-31$115,000
Total contributions received or receivable from participants2017-12-31$0
Expenses. Other expenses not covered elsewhere2017-12-31$0
Contributions received from other sources (not participants or employers)2017-12-31$0
Other income received2017-12-31$49,320
Net income (gross income less expenses)2017-12-31$91,553
Net plan assets at end of year (total assets less liabilities)2017-12-31$527,852
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$436,299
Assets. Value of real-estate (other than employer real property)2017-12-31$115,000
Total contributions received or receivable from employer(s)2017-12-31$62,223
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$0
2016 : SOUND SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2016 401k financial data
Total income from all sources2016-12-31$125,751
Expenses. Total of all expenses incurred2016-12-31$1,701
Benefits paid (including direct rollovers)2016-12-31$1,701
Total plan assets at end of year2016-12-31$436,299
Total plan assets at beginning of year2016-12-31$312,249
Value of fidelity bond covering the plan2016-12-31$210,000
Total contributions received or receivable from participants2016-12-31$0
Expenses. Other expenses not covered elsewhere2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$0
Other income received2016-12-31$64,799
Net income (gross income less expenses)2016-12-31$124,050
Net plan assets at end of year (total assets less liabilities)2016-12-31$436,299
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$312,249
Assets. Value of participant loans2016-12-31$0
Assets. Value of real-estate (other than employer real property)2016-12-31$78,800
Total contributions received or receivable from employer(s)2016-12-31$60,952
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$0
2010 : SOUND SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2010 401k financial data
Transfers to/from the plan2010-12-31$0
Total plan liabilities at end of year2010-12-31$0
Total plan liabilities at beginning of year2010-12-31$0
Total income from all sources2010-12-31$-105,398
Expenses. Total of all expenses incurred2010-12-31$1,000
Benefits paid (including direct rollovers)2010-12-31$0
Total plan assets at end of year2010-12-31$243,556
Total plan assets at beginning of year2010-12-31$349,954
Value of fidelity bond covering the plan2010-12-31$210,000
Total contributions received or receivable from participants2010-12-31$0
Expenses. Other expenses not covered elsewhere2010-12-31$1,000
Contributions received from other sources (not participants or employers)2010-12-31$0
Other income received2010-12-31$-105,398
Noncash contributions received2010-12-31$0
Net income (gross income less expenses)2010-12-31$-106,398
Net plan assets at end of year (total assets less liabilities)2010-12-31$243,556
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$349,954
Assets. Value of real-estate (other than employer real property)2010-12-31$45,000
Total contributions received or receivable from employer(s)2010-12-31$0
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$0

Form 5500 Responses for SOUND SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN

2023: SOUND SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Submission has been amendedNo
2023-01-01This submission is the final filingNo
2023-01-01This return/report is a short plan year return/report (less than 12 months)No
2023-01-01Plan is a collectively bargained planNo
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement - TrustYes
2022: SOUND SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: SOUND SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: SOUND SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: SOUND SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2017: SOUND SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: SOUND SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2010: SOUND SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: SOUND SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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