# Oceanaire, INC. 401(k) Plan
Source: https://planprovider.pro/companies/ocean-aire-inc-401k-plan

> Oceanaire, INC.'s 401(k) plan: 68 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Oceanaire, INC.

- **Sponsor EIN:** 364151539

- **Sponsor Address:** 1731 WALL STREET, SUITE 100, MOUNT PROSPECT, IL, 60056

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

- **Total Participants:** 68

- **Total Assets:** $5.2M

## 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|68|$5.2M|$216,776|$393,498|

| 2023|61|$4.3M|$365,261|$318,284|

| 2022|40|$3.2M|$322,823|$296,660|

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