Plan Snapshot
- Plan Sponsor: Seabrook Solutions LLC
- Sponsor EIN: 454121782
- Sponsor Address: 620 DISCOVERY DRIVE, HUNTSVILLE, AL, 35806
- Plan Type: 401(k)
- Total Participants: 511
- Total Assets: $9.2M
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 | 511 | $9.2M | $630,934 | $1.9M |
| 2023 | 298 | $5.2M | $222,897 | $619,566 |
| 2022 | 106 | $1.9M | $99,642 | $255,749 |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $27,654 | — | $27,654 |
| MORGAN STANLEY SMITH BARNEY | ADVISOR | — | $15,737 | $15,737 |
| BMSS, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- MORGAN STANLEY SMITH BARNEY — ADVISOR
- BMSS, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $43,391
- Estimated Expense Ratio: 0.471% 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 | $27,654 | — | — | — | — |
| 2023 | $361,618 | — | $8,503 | — | — |
| 2022 | $158,474 | — | $9,487 | — | — |