Plan Snapshot
- Plan Sponsor: Seacrest Services, INC.
- Sponsor EIN: 591815173
- Sponsor Address: 2101 CENTREPARK W. DRIVE, SUITE 110, WEST PALM BEACH, FL, 33409
- Plan Type: 401(k)
- Total Participants: 334
- Total Assets: $6.4M
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 | 334 | $6.4M | $286,604 | $552,868 |
| 2023 | 324 | $6.3M | $296,352 | $528,796 |
| 2022 | 307 | $5.9M | $290,024 | $528,956 |
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 |
|---|---|---|---|---|
| LINCOLN NATIONAL CORPORATION | INVESTMENT MGMT | $54,797 | — | $54,797 |
| UBS FINANCIAL SERVICES | IVNESTMENT MGMT | $16,399 | — | $16,399 |
| DEFINITI | CONTRACT ADMIN | $9,700 | — | $9,700 |
| BRESLOW STARLING FROST ET AL, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LINCOLN NATIONAL CORPORATION — INVESTMENT MGMT
- UBS FINANCIAL SERVICES — IVNESTMENT MGMT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $80,896
- Estimated Expense Ratio: 1.265% 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 | $65,443 | — | $65,443 | — | — |
| 2023 | $65,138 | — | $65,138 | — | — |
| 2022 | $60,987 | — | $60,987 | — | — |