Ocean Bio-Chem, Inc.401(k)
OCEAN BIO-CHEM, INC. 401(K) PLAN · DAVIE, FL · plan year 2023
Plan assets · 2023
$0
Ocean Bio-Chem, Inc.'s 2023 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $0 across 0 participant accounts. See methodology for what Form 5500 does and doesn't capture.
Plan summary
Net assets, end of year$0
Participants with balances0
Active participants0
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance—
Benefits paid to participants$27,232
Plan auditUnmodified (clean) audit opinion
AuditorACCELL AUDIT & COMPLIANCE, PA
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$8,807
Total administrative$8,807
Service providers · 20231
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$8,807
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 591564329 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.