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 |
|---|---|---|---|---|
| AMO MASTER OPERATING TRUST | RELATED ORGANIZATION | $889,222 | — | $889,222 |
| MATRIX TRUST COMPANY | NONE | $184,283 | — | $184,283 |
| NEWPORT GROUP, INC | NONE | $155,838 | — | $155,838 |
| WITHUMSMITH+BROWN, PC | NONE | $88,006 | — | $88,006 |
| MERRILL LYNCH, PIERCE, FENNER | NONE | $44,000 | — | $44,000 |
| OKSANA KOCHERGINA | NONE | $11,199 | — | $11,199 |
| TECH PLUS SYSTEMS, INC. | NONE | $5,671 | — | $5,671 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MATRIX TRUST COMPANY — NONE
- WITHUMSMITH+BROWN, PC — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,378,219
- Estimated Expense Ratio: 0.203% 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 |