Plan Snapshot
- Plan Sponsor: James Marine, INC.
- Sponsor EIN: 610526973
- Sponsor Address: 4500 CLARKS RIVER ROAD,, PADUCAH, KY, 42003
- Plan Type: 401(k)
- Total Participants: 398
- Total Assets: $32.3M
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 | 398 | $32.3M | $673,343 | $1.8M |
| 2023 | 365 | $28.8M | $598,874 | $1.6M |
| 2022 | 380 | $24.1M | $562,720 | $1.4M |
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 |
|---|---|---|---|---|
| EDWARD JONES | INVESTMENT/FINANCIAL ADVI | $58,768 | — | $58,768 |
| ADP, INC. | RECORD KEEPER | $34,230 | — | $34,230 |
| DEMING MALONE LIVESAY & OSTROFF | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $92,998
- Estimated Expense Ratio: 0.288% 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 | $92,998 | $58,768 | — | — | — |
| 2023 | $72,382 | $43,576 | — | — | — |
| 2022 | $69,730 | — | — | — | — |