Plan Snapshot
- Plan Sponsor: Board Of Trustees American Maritime Officers 401k Plan
- Sponsor EIN: 112978754
- Sponsor Address: 2 WEST DIXIE HIGHWAY, DANIA BEACH, FL, 330044312
- Plan Type: 401(k)
- Total Participants: 3,685
- Total Assets: $679.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 3,685 | $679.9M | $7.6M | $35.0M |
| 2023 | 3,621 | $617.6M | $6.7M | $33.2M |
| 2022 | 3,682 | $516.8M | $6.5M | $33.0M |
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 |
|---|---|---|---|---|
| WITHUMSMITH+BROWN, PC | Auditor | $48,296 | — | $48,296 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUMSMITH+BROWN, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $48,296
- Estimated Expense Ratio: 0.007% 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 | $1,422,178 | $44,000 | $155,838 | $48,296 | — |
| 2023 | $1,284,841 | $44,000 | — | $34,880 | — |
| 2022 | $1,252,615 | $336,090 | — | — | $80,580 |