Plan Snapshot
- Plan Sponsor: Ocean Media, LLC
- Sponsor EIN: 274412303
- Sponsor Address: 7777 CENTER AVE, HUNTINGTON BEACH, CA, 92647
- Plan Type: 401(k)
- Total Participants: 137
- Total Assets: $8.7M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 137 | $8.7M | $0 | $938,286 |
| 2023 | 164 | $7.3M | $0 | $972,122 |
| 2022 | 173 | $5.6M | $0 | $908,217 |
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 |
|---|---|---|---|---|
| RAYMOND JAMES FINANCIAL SERVICE | INVESTMENT/FINANCIAL ADVI | $18,331 | — | $18,331 |
| OZUROVICH & ASSOCIATES | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RAYMOND JAMES FINANCIAL SERVICE — INVESTMENT/FINANCIAL ADVI
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $18,331
- Estimated Expense Ratio: 0.210% 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 | $24,448 | $21,403 | — | — | — |
| 2023 | $17,389 | $10,887 | — | — | — |
| 2022 | $35,416 | $28,870 | $6,546 | — | — |