# Southcoast Marine Products, INC. 401(k) Plan
Source: https://planprovider.pro/companies/southcoast-marine-products-inc-401k-plan

> Southcoast Marine Products, INC.'s 401(k) plan: 76 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Southcoast Marine Products, INC.

- **Sponsor EIN:** 591552311

- **Sponsor Address:** 10601 47TH STREET NORTH, CLEARWATER, FL, 33762

- **Plan Type:** 401(k)

- **Total Participants:** 76

- **Total Assets:** $519,702

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|76|$519,702|$0|$49,412|

| 2023|68|$552,069|$0|$42,679|

| 2022|59|$458,527|$0|$30,561|

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