Plan Snapshot
- Plan Sponsor: Blue Ocean Group, LLC D/B/A Cannon Associates
- Sponsor EIN: 862630628
- Sponsor Address: 329 MARKET STREET, WARREN, RI, 02885
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 2
- Total Assets: $2.9M
Key Plan Design Features
- Auto-Enrollment: No
- 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. |
|---|
| 2025 | 2 | $2.9M | $0 | $0 |
| 2024 | 2 | $2.3M | $80,000 | $37,500 |
| 2023 | 2 | $2.0M | $60,000 | $25,000 |
| 2022 | 2 | $1.6M | $0 | $24,900 |