Plan Snapshot
- Plan Sponsor: South Beach Shipping, INC.
- Sponsor EIN: 472820589
- Sponsor Address: 2069 GREY FOX LN., VIRGINIA BEACH, VA, 23456
- Plan Type: 401(k)
- Total Participants: 8
- Total Assets: $155,771
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|
| 2024 | 8 | $155,771 | $1,356 | $1,356 |
| 2023 | 5 | $132,138 | $1,356 | $1,356 |
| 2022 | 3 | $29,411 | $1,853 | $7,200 |