Plan Snapshot
- Plan Sponsor: Ncl Bahamas Ltd.
- Sponsor EIN: 200470259
- Sponsor Address: 7665 CORPORATE CENTER DRIVE, MIAMI, FL, 33126
- Plan Type: 401(k)
- Total Participants: 4,828
- Total Assets: $330.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 4,828 | $330.3M | $12.1M | $25.7M |
| 2023 | 4,683 | $273.3M | $336,687 | $21.1M |
| 2022 | 4,251 | $224.6M | $11.5M | $18.1M |
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 |
|---|---|---|---|---|
| SOLTIS INVESTMENT ADVISORS LLC | INVESTMENT ADVISOR | $112,296 | — | $112,296 |
| BERKOWITZ POLLACK BRANT ADVISORS & | ACCOUNTANT/AUDITOR | $60,174 | — | $60,174 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SOLTIS INVESTMENT ADVISORS LLC — INVESTMENT ADVISOR
- BERKOWITZ POLLACK BRANT ADVISORS & — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $172,470
- Estimated Expense Ratio: 0.052% 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 | -$30,514 | — | $2,700 | $53,574 | — |
| 2023 | $167,824 | — | — | $48,100 | — |
| 2022 | $212,291 | $116,847 | $13,900 | — | $78,300 |