2023 Form 5500 filing — Ocean Lakes Service Corporation Employee 401(K) Savings Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240717053607NAL0002316963001) for Ocean Lakes Service Corporation Employee 401(K) Savings Plan, reported by Ocean Lakes Service Corporation under EIN 57-0527712 and plan number 001. It reports 260 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240717053607NAL0002316963001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Ocean Lakes Service Corporation
- EIN
- 57-0527712
- Plan number
- 001
- Location
- Myrtle Beach, SC
- Participants
- 260
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $14,934,355
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,934,355
- Employer contributions
- $201,809
- Participant contributions
- $647,663
- Total income / additions
- $2,771,539
- Benefits paid
- $997,708
- Administrative expenses
- $56,421
- Total expenses
- $1,054,129
- Net increase / (decrease)
- $1,717,410
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Merrill Lynch Pierce Fenner & Smith | INVESTMENT ADVISOR | $33,975 | $1,129 |
| Adp, Inc. | RECORD KEEPER | $22,445 | $0 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 |