Plan Ledger DOL Form 5500 · updated monthly

Seacoast Motorcycles, Inc.401(k)

SEACOAST MOTORCYCLES, INC. RETIREMENT PLAN · NORTH HAMPTON, NH · plan year 2023

Reported admin expense ratio · 2023
0.87%

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

Seacoast Motorcycles, Inc. reported $67,816 in plan administrative expenses for 2023: 0.87% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,564 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 has held roughly steady near 0.85%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in New Hampshire (287th of 411), and 2,985th of 5,215 in retail trade. In 2023, employees put in $1.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,251,677
Participants with balances120
Active participants153
Employer contributions$239,280
Employee contributions$417,623
Employer contribution per active participant$1,564
Average account balance$68,764
Benefits paid to participants$930,757
Plan auditUnmodified (clean) audit opinion
AuditorBERRY DUNN MCNEIL & PARKER, LLC.
Plan history3
Yearassets · accounts · employer contribution
2024$8.0M · 111 accts · $184K emplr
2023$8.3M · 120 accts · $239K emplr
2022$7.4M · 115 accts · $253K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$21,941
Investment management$45,875
Total administrative$67,816
The Seacoast Motorcycles, Inc. 401(k) match · 2023
Employer contribution per active participant$1,564
Median for plans this size$1,308
2024$1,933 per active participant
2023$1,564 per active participant
2022$1,686 per active participant

Seacoast Motorcycles, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
PCS RETIREMENT, LLC · Claims processing · Recordkeeping$21,941
SUMMIT WEALTH GROUP · Investment advisory (plan)$30,583
BRINKER CAPITAL · Investment management$15,292

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

Recordkeeper by year2
2024PCS Retirement
2023PCS Retirement

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

Administrative cost history3
2024$69,369 · 0.85%
2023$67,816 · 0.87%
2022$67,546 · 0.84%
Similar plansRetail Trade · New Hampshire
Peters Auto Sales, Inc. NH$11.5M · 0.01%
Autostore System, Inc. NH$10.0M · 0.38%
McKinnon Bros Inc. NH$9.7M · 0.63%
McDevitt Trucks, Inc. NH$8.5M · 0.41%
Bonneville & Son, Inc. NH$7.9M · 0.61%
Sail Energy, LLC NH$7.7M · 1.22%
Alco Motors, LLC NH$6.8M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 021245493 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.