Plan Snapshot
- Plan Sponsor: Gulf Stream Marine, INC.
- Sponsor EIN: 760327304
- Sponsor Address: 10000 MANCHESTER AVE., HOUSTON, TX, 77012
- Plan Type: 401(k)
- Total Participants: 1,036
- Total Assets: $17.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,036 | $17.8M | $689,344 | $1.4M |
| 2023 | 670 | $15.3M | $690,851 | $1.3M |
| 2022 | 669 | $12.1M | $645,977 | $1.2M |
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 |
|---|---|---|---|---|
| LPL FINANCIAL LLC | ADVISOR | $31,378 | — | $31,378 |
| ABIP, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LPL FINANCIAL LLC — ADVISOR
- ABIP, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $31,378
- Estimated Expense Ratio: 0.176% 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 | $31,530 | $31,378 | — | — | — |
| 2023 | $24,870 | $25,462 | — | — | — |
| 2022 | $28,374 | — | — | — | — |