So I looked into mine a bit more. Here it is with a look at the air intake. There is a pleated paper element like an old style car engine air filter and a tube sticking up inside the housing for some reason. This doesn't look far off what the "mufflers" that you see from a web search show.
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Then I used an app to measure the sound level via my phone. It averaged out around 68.5 dB at ~3'. But yet it seems louder than that to me. I'm not sure if this thing is at all calibrated, so maybe I will check it vs a sound meter we have at work. But if that is correct, then you guys with the 80+dB compressors must be in a world of hurt!
I'd borrow the meter from your work and retest. Phone apps are not very accurate as far as dB readings are concerned. I'd bet you are 80-85dB at least. 68dB is not much louder than normal conversation.