Ocean Fleet Services 401(K) Plan — Form 5500 plan (Ocean Fleet Services, Inc.)
Plain-English plan 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, Ocean Fleet Services 401(K) Plan is a benefit plan reported by Ocean Fleet Services, Inc. under EIN 82-3103392 and plan number 001. The latest loaded filing year is 2023. The filing reports 551 participants and $26,725,977 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Ocean Fleet Services, Inc.
- EIN
- 82-3103392
- Plan number
- 001
- Plan type
- 2
- Location
- Suffolk, VA
- Latest filing year
- 2023
- Participants
- 551
- End-of-year plan assets
- $26,725,977
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 551 | H, C | 20240924123754NAL0022908912001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $26,725,977
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $26,725,977
- Net assets (BOY)
- $23,639,157
Income & contributions
- Employer contributions
- $998,597
- Participant contributions
- $2,141,166
- Total contributions
- $3,139,763
- Total income / additions
- $7,003,290
Expenses & distributions
- Benefits paid
- $3,804,120
- Administrative expenses
- $83,516
- Total expenses
- $3,916,470
- Net increase / (decrease)
- $3,086,820
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $46,118 | $0 | 2023 |
| Gallagher Benefit Services Inc Dba | INVESTMENT ADVISOR | $27,674 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $18,024 | not reported in the loaded dataset | 2023 |
| Qdro Consultants Company, LLC | OTHER | $300 | not reported in the loaded dataset | 2023 |
| Kestra Advisory Services LLC | OTHER | -$8,600 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Ocean Fleet Services, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in VA
- 401(k) and benefit plan filings in Suffolk, VA
- Empower Annuity Insurance Company O — Schedule C compensation
- Gallagher Benefit Services Inc Dba — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation
- Qdro Consultants Company, LLC — Schedule C compensation
- Kestra Advisory Services LLC — Schedule C compensation