Plan Ledger DOL Form 5500 · updated monthly

Ocean Associates, Inc.401(k)

OCEAN ASSOCIATES, INC. 401(K) PLAN · ARLINGTON, VA · plan year 2025

Reported admin expense ratio · 2025
0.04%

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

Ocean Associates, Inc. reported $4,150 in plan administrative expenses for 2025: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,359 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 3 years on file its reported administrative ratio rose from 0.036% to 0.043%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Virginia (1,415th of 2,266), and 7,768th of 11,654 in professional & technical services. In 2025, employees put in $4.85 for every $1.00 the employer contributed; active participation has grown from 88 to 139 since 2022.

Plan summary
Net assets, end of year$10,729,899
Participants with balances175
Active participants139
Employer contributions$188,863
Employee contributions$915,626
Employer contribution per active participant$1,359
Average account balance$61,314
Benefits paid to participants$709,147
Plan auditUnmodified (clean) audit opinion
AuditorMATTHEWS, CARTER & BOYCE, PC
Plan history4
Yearassets · accounts · employer contribution
2025$10.7M · 175 accts · $189K emplr
2024$8.7M · 173 accts · $161K emplr
2023$6.8M · 146 accts · $152K emplr
2022$5.3M · 138 accts · $152K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$2,075
Investment management$2,075
Total administrative$4,150
The Ocean Associates, Inc. 401(k) match · 2025
Employer contribution per active participant$1,359
Median for plans this size$1,464
2025$1,359 per active participant
2024$1,139 per active participant
2023$1,492 per active participant
2022$1,731 per active participant

Ocean Associates, Inc.'s 2025 employer contribution ran below the $1,464 median for plans its size. 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
ADP, INC. · Recordkeeping · Loan processing$2,075
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year3
2025ADP
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025$4,150 · 0.04%
2024$3,085 · 0.04%
2023$2,091 · 0.03%
2022$1,955 · 0.04%
Same employer
Similar plansProfessional & Technical Services · Virginia
Golden Key Group, Inc. VA$10.9M · 0.46%
St. Michael's, Inc. VA$10.8M · 0.48%
Pal-Tech, Inc. VA$10.8M · 0.04%
Genex Systems LLC VA$10.7M · 0.23%
Oneglobe LLC VA$10.6M · 0.26%
Crofton Diving Corporation VA$10.6M · 0.45%
Intact Technology Inc VA$10.6M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710931202 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.