Plan Snapshot
- Plan Sponsor: Ac Ocean Walk LLC
- Sponsor EIN: 822361693
- Sponsor Address: 500 BOARDWALK, ATLANTIC CITY, NJ, 08401
- Plan Type: 401(k)
- Total Participants: 2,187
- Total Assets: $34.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2024 | 2,187 | $34.0M | $1.9M | $6.8M |
| 2023 | 2,311 | $24.3M | $0 | $5.9M |
| 2022 | 2,397 | $16.0M | $6,039 | $5.3M |
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 |
|---|---|---|---|---|
| TORRILLO & ASSOCIATES, LLC | Auditor | $21,117 | — | $21,117 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TORRILLO & ASSOCIATES, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $21,117
- Estimated Expense Ratio: 0.062% 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 |
|---|---|---|---|---|---|
| 2024 | $233,202 | $38,252 | $173,833 | $21,117 | — |
| 2023 | $164,169 | $34,139 | $112,856 | $15,303 | — |
| 2022 | $160,103 | — | $115,044 | — | $45,059 |