Plan Snapshot
- Plan Sponsor: Ocean View Capital, INC.
- Sponsor EIN: 221727582
- Sponsor Address: P.O. BOX 4020, NEW YORK, NY, 101634020
- Plan Type: DB
- Total Participants: 0
- Total Assets: $9.1M
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 | 0 | $9.1M | $350,031 | $0 |
| 2023 | 0 | $9.6M | $479,157 | $0 |
| 2022 | 0 | $9.6M | $350,000 | $0 |
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 |
|---|---|---|---|---|
| CBIZ CPAS, P.C. | Auditor | $24,675 | — | $24,675 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $24,675
- Estimated Expense Ratio: 0.272% 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 | $301,730 | $84,072 | — | $24,675 | — |
| 2023 | $322,234 | $95,768 | $3,865 | $23,100 | — |
| 2022 | $344,424 | $120,427 | $75,110 | — | $27,931 |