2023 Form 5500 filing — Ocean Ship Management, Inc. 401k Profit Sharing 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 20240805083735NAL0001860736001) for Ocean Ship Management, Inc. 401k Profit Sharing Plan, reported by Ocean Ship Management, Inc. under EIN 76-0205122 and plan number 001. It reports 68 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$13MReported net assets$12,976,367
Participants68
Provider compensationNone reported
Schedules filedSchedule ILoaded schedules
EFAST2 acknowledgement
20240805083735NAL0001860736001
Plan sponsor
Ocean Ship Management, Inc.
EIN
76-0205122
Plan number
001
Location
Houston, TX
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
Schedule I · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$13M total assets
Net assets$13MLiabilities$0
Money in vs. money out
Total income / additions$3M
Total expenses$2.2M
Benefits paid / distributions$2.2M
Contributions
Employer$159.9K
Participant$566.3K
Full reported line items
Total assets (EOY)
$12,976,367
Total liabilities (EOY)
$0
Net assets (EOY)
$12,976,367
Employer contributions
$159,928
Participant contributions
$566,278
Total income / additions
$2,961,539
Benefits paid
$2,203,353
Administrative expenses
$7,020
Total expenses
$2,210,373
Net increase / (decrease)
$751,166

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240805083735NAL0001860736001 cover?
It is the 2023 Form 5500 filing for Ocean Ship Management, Inc. 401k Profit Sharing Plan, reported by Ocean Ship Management, Inc. (EIN 76-0205122).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule I (small plan financials).

Related Form 5500 pages