Plan Snapshot
- Plan Sponsor: Bluewater Energy, INC.
- Sponsor EIN: 453625898
- Sponsor Address: 3330 COBB PARKWAY STE. 324, ACWORTH, GA, 30101
- Plan Type: 401(k)
- Total Participants: 154
- Total Assets: $8.4M
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 | 154 | $8.4M | $126,611 | $823,955 |
| 2023 | 132 | $6.5M | $107,450 | $771,599 |
| 2022 | 128 | $5.8M | $148,467 | $820,668 |
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 |
|---|---|---|---|---|
| HLB GROSS COLLINS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HLB GROSS COLLINS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $23,472 | $1,986 | $13,986 | — | — |
| 2023 | $24,999 | $1,716 | $15,783 | — | — |
| 2022 | $23,659 | $1,836 | $14,323 | — | $7,500 |