Plan Snapshot
- Plan Sponsor: Ocean Beauty Seafoods LLC
- Sponsor EIN: 208899430
- Sponsor Address: PO BOX 70739, SEATTLE, WA, 981271539
- Plan Type: 401(k)
- Total Participants: 127
- Total Assets: $25.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 127 | $25.4M | $435,401 | $925,551 |
| 2023 | 334 | $24.7M | $438,700 | $1.0M |
| 2022 | 327 | $21.0M | $422,103 | $1.0M |
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 |
|---|---|---|---|---|
| USI ADVISORS, INC. | NONE | $33,640 | — | $33,640 |
| CHARLES SCHWAB TRUST BANK | NONE | — | $20,408 | $20,408 |
| USI CONSULTING GROUP, INC. | NONE | $10,747 | — | $10,747 |
| CLARK NUBER, PS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CHARLES SCHWAB TRUST BANK — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $64,795
- Estimated Expense Ratio: 0.255% 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 | $44,387 | $33,640 | — | — | — |
| 2023 | $43,488 | $31,077 | — | — | — |
| 2022 | $42,016 | $31,580 | — | — | $10,436 |