Plan Snapshot
- Plan Sponsor: Oec Shipping Los Angeles, INC.
- Sponsor EIN: 954682826
- Sponsor Address: 13100 ALONDRA BLVD, SUITE 100, CERRITOS, CA, 90703
- Plan Type: 401(k)
- Total Participants: 168
- Total Assets: $12.9M
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 | 168 | $12.9M | $279,375 | $1.1M |
| 2023 | 175 | $11.7M | $294,984 | $1.0M |
| 2022 | 181 | $9.4M | $278,739 | $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 |
|---|---|---|---|---|
| PENSIONMARK FINANCIAL GROUP, LLC | INVESTMENT/FINANCIAL ADVI | $24,827 | — | $24,827 |
| ADP, INC. | RECORD KEEPER | $21,103 | — | $21,103 |
| DAVID L. BUCK CPA | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
- DAVID L. BUCK CPA — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $45,930
- Estimated Expense Ratio: 0.356% 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 | $45,931 | $24,828 | — | — | — |
| 2023 | $44,353 | $41,673 | — | — | — |
| 2022 | $50,239 | — | — | — | — |