Plan Snapshot
- Plan Sponsor: Seaco National Corp. Dba Southeast Pet
- Sponsor EIN: 581478160
- Sponsor Address: 7775 THE BLUFFS, AUSTELL, GA, 30168
- Plan Type: 401(k)
- Total Participants: 134
- Total Assets: $3.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 134 | $3.4M | $90,000 | $367,045 |
| 2023 | 125 | $4.0M | $90,000 | $326,940 |
| 2022 | 122 | $3.3M | $90,000 | $365,442 |
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 | $2,100 | — | $2,100 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,100
- Estimated Expense Ratio: 0.062% 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 | $12,376 | — | — | $2,100 | — |
| 2023 | $42,763 | $18,059 | — | $10,500 | — |
| 2022 | $24,435 | $10,770 | $13,665 | — | — |