Plan Ledger DOL Form 5500 · updated monthly

In Mocean Group, LLC401(k)

IN MOCEAN GROUP, LLC 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.03%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

In Mocean Group, LLC reported $5,537 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.02% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 2,595th-largest of 5,648 plans among New York employers on file, and the 1,973rd of 4,246 in wholesale trade.

Plan summary
Net assets, end of year$19,090,262
Participants with balances144
Active participants164
Employer contributions$0
Employee contributions$1,344,320
Employer contribution per active participant$0
Average account balance$132,571
Benefits paid to participants$2,018,587
Plan auditUnmodified (clean) audit opinion
AuditorGELTRUDE & COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$19.1M · 144 accts
2023$17.5M · 149 accts
2022$13.8M · 136 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,600
Investment management$1,551
Total administrative$5,537
The In Mocean Group, LLC 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

In Mocean Group, LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
WORLD INVESTMENT ADVISORS, LLCindirect comp
ASSOCIATED PENSION CONSULTANTS, INC · Other servicesindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$5,537 · 0.03%
2023$2,792 · 0.02%
2022$2,680 · 0.02%
Similar plansWholesale Trade · New York
Autarkic Holdings, Inc. NY$19.7M · 0.01%
The Vita Coco Company, Inc. NY$19.7M · 0.23%
Supplyhouse LLC NY$19.0M · 0.29%
Lacoste USA, Inc. NY$18.6M · 0.09%
Tracey Road Equipment, Inc. NY$18.5M · 0.63%
Universal Photonics Inc NY$18.5M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 134139533 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.