Plan Ledger DOL Form 5500 · updated monthly

Ocean Media, LLC401(k)

OCEAN MEDIA LLC 401(K) PROFIT SHARING PLAN & TRUST · HUNTINGTON BEACH, CA · plan year 2024

Reported admin expense ratio · 2024
0.31%

Ocean Media, LLC reported $24,448 in plan administrative expenses for 2024: 0.31% of average plan assets, below the peer median. 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 fell from 0.58% to 0.31%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (5,811th of 9,483), and 8,398th of 11,654 in professional & technical services. active participation has shrunk from 173 to 137 since 2022.

Plan summary
Net assets, end of year$8,747,406
Participants with balances154
Active participants137
Employer contributions—
Employee contributions$938,286
Employer contribution per active participant—
Average account balance$56,801
Benefits paid to participants$808,407
Plan auditUnmodified (clean) audit opinion
AuditorOZUROVICH & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$8.7M · 154 accts
2023$7.3M · 176 accts
2022$5.6M · 184 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,045
Investment management$21,403
Total administrative$24,448
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 · 20243
RAYMOND JAMES FINANCIAL SERVICE · Recordkeeping · Trustee$18,331
ADP, INC. · Loan processing · Recordkeeping$3,045
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, Raymond James
2023ADP, UBS

This plan has changed recordkeepers within these filings. If you left Ocean Media, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$24,448 · 0.31%
2023$17,389 · 0.27%
2022$35,416 · 0.58%
Same employer
Similar plansProfessional & Technical Services · California
Strivr Labs, Inc. CA$8.9M · 0.56%
Vaxart Biosciences Inc CA$8.8M · 0.14%
Calyx Technology Inc. CA$8.8M · 0.00%
Innovaccer CA$8.7M · 0.39%
Procede Software LP CA$8.7M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 274412303 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.