Plan Snapshot
- Plan Sponsor: Ancon Marine, INC.
- Sponsor EIN: 330392593
- Sponsor Address: 10571 LOS ALAMITOS BLVD, LOS ALAMITOS, CA, 90720
- Plan Type: 401(k)
- Total Participants: 562
- Total Assets: $16.0M
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. |
|---|---|---|---|---|
| 2024 | 562 | $16.0M | $412,838 | $1.7M |
| 2023 | 563 | $12.8M | $337,015 | $1.4M |
| 2022 | 462 | $9.8M | $281,385 | $1.1M |
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 |
|---|---|---|---|---|
| JOHN HANCOCK | RECORDKEEPER | $52,289 | $14,626 | $66,915 |
| GLOBAL RETIREMENT PARTNERS | RIA | $44,773 | — | $44,773 |
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK — RECORDKEEPER
- GLOBAL RETIREMENT PARTNERS — RIA
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $111,688
- Estimated Expense Ratio: 0.698% 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 | $133,952 | $133,952 | — | — | — |
| 2023 | $118,984 | $118,984 | — | — | — |
| 2022 | $84,924 | — | — | — | $84,924 |