Plan Snapshot
- Plan Sponsor: Marine Layer Pbc
- Sponsor EIN: 264763175
- Sponsor Address: 1572 CALIFORNIA STREET, SAN FRANCISCO, CA, 94109
- Plan Type: 401(k)
- Total Participants: 274
- Total Assets: $6.3M
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 | 274 | $6.3M | $529,193 | $977,270 |
| 2023 | 283 | $4.5M | $401,560 | $756,704 |
| 2022 | 133 | $2.8M | $327,436 | $605,725 |
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 |
|---|---|---|---|---|
| ADP REITREMENT SERVICES | INVESTMENT/FINANCIAL ADVI | $14,667 | — | $14,667 |
| CARON AND BLETZER PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CARON AND BLETZER PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $14,667
- Estimated Expense Ratio: 0.232% 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 | $17,892 | $14,667 | — | — | — |
| 2023 | $12,180 | $9,483 | — | — | — |
| 2022 | $6,288 | — | — | — | — |