Plan Snapshot
- Plan Sponsor: Tech-Marine Business INC
- Sponsor EIN: 541860677
- Sponsor Address: 100 M STREET SE, WASHINGTON, DC, 20003
- Plan Type: 401(k)
- Plan Number: 005
- Total Participants: 282
- Total Assets: $10.2M
Key Plan Design Features
- Auto-Enrollment: No
- 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. |
|---|---|---|---|---|
| 2025 | 282 | $10.2M | $0 | $0 |
| 2024 | 144 | $10.3M | $953,245 | $0 |
| 2023 | 141 | $10.2M | $300,000 | $0 |
| 2022 | 157 | $11.4M | $4.3M | $0 |
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 |
|---|---|---|---|---|
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 |
|---|---|---|---|---|---|
| 2025 | $588,957 | — | — | — | — |
| 2024 | $45 | — | — | — | — |
| 2023 | $30 | — | — | — | — |
| 2022 | $75 | $75 | — | — | — |