Plan Snapshot
- Plan Sponsor: Humble Sea, INC.
- Sponsor EIN: 474082461
- Sponsor Address: 820 SWIFT STREET, SANTA CRUZ, CA, 95060
- Plan Type: 401(k)
- Total Participants: 75
- Total Assets: $1.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 75 | $1.0M | $86,753 | $163,122 |
| 2023 | 77 | $720,831 | $90,088 | $180,374 |
| 2022 | 138 | $404,388 | $114,634 | $195,805 |
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 |
|---|---|---|---|---|
| GOFF BACKA ALFERA & COMPANY, LLC | Auditor | — | — | $0 |
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 | $19,566 | $4,349 | $5,275 | — | — |
| 2023 | $14,741 | $2,626 | — | — | — |
| 2022 | — | — | — | — | — |