# O.C. Seacrets, INC. 401(k) Plan
Source: https://planprovider.pro/companies/o-c-seacrets-inc-521517724-510

> O.C. Seacrets, INC.'s 401(k) plan: 50 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** O.C. Seacrets, INC.

- **Sponsor EIN:** 521517724

- **Sponsor Address:** 117 WEST 49TH STREET, OCEAN CITY, MD, 21842

- **Plan Type:** 401(k)

- **Plan Number:** 510

- **Total Participants:** 50

- **Total Assets:** $29,544

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|50|$29,544|$650,660|$109,929|

| 2023|48|$309,480|$602,847|$178,570|

| 2022|53|$268,861|$571,478|$204,519|

## 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|

| CAREFIRST ADMINISTRATORS|Other Service Provider|$24,397|—|$24,397|

| THE BENECON GROUP, LLC|Investment Advisor|$16,333|—|$16,333|

| SILBERSTEIN INSURANCE GROUP (ALERA|Investment Advisor|$10,156|—|$10,156|

| ANDREW H. BENJAMIN|Investment Advisor|$7,176|—|$7,176|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $58,062

- **Estimated Expense Ratio:** 196.527% 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|$1,055,778|—|—|—|—|

| 2023|$740,675|—|—|—|—|

| 2022|$541,789|—|—|—|—|

## Similar Plans

- [Mission Bbq](https://planprovider.pro/companies/mission-bbq-364836132-501) — 590 participants

- [Big Steaks Management, LLC.](https://planprovider.pro/companies/big-steaks-management-llc-401k-plan) — 260 participants

- [Silver Diner Development, LLC](https://planprovider.pro/companies/silver-diner-development-llc-541439417-501) — 175 participants

- [Green Spring Valley Hunt Club, INC.](https://planprovider.pro/companies/green-spring-valley-hunt-club-inc-401k-plan) — 60 participants

- [Bear Brick Oven Co.](https://planprovider.pro/companies/bear-brick-oven-co-401k-plan) — 10 participants

- [Btg Services INC](https://planprovider.pro/companies/btg-services-inc-401k-plan) — 8 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/o-c-seacrets-inc-521517724-510)

© 2026 PlanProvider.Pro