Plan Snapshot
- Plan Sponsor: W8 Shipping LLC
- Sponsor EIN: 452368477
- Sponsor Address: 24700 MAIN STREET, CARSON, CA, 90745
- Plan Type: 401(k)
- Total Participants: 220
- Total Assets: $609,552
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 220 | $609,552 | $4,023 | $291,155 |
| 2023 | 152 | $333,396 | $2,421 | $187,866 |
| 2022 | 146 | $98,921 | $0 | $99,660 |
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 |
|---|---|---|---|---|
| NOREN NORDLING AND ASSOCIATES PLLC | 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 |
|---|---|---|---|---|---|
| 2024 | $4,465 | — | — | — | — |
| 2023 | $3,978 | — | — | — | — |
| 2022 | $851 | — | $851 | — | — |