Plan Ledger DOL Form 5500 · updated monthly

US Marine Corporation401(k)

OCEAN PEACE, INC. 401(K) EMPLOYEE SAVINGS PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

US Marine Corporation reported $52,206 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $1,256 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 1 year on file its reported administrative ratio rose from 0.26% to 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Washington (903rd of 1,714), and the 362nd of 945 in agriculture, forestry & fishing. In 2024, employees put in $2.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,652,925
Participants with balances119
Active participants325
Employer contributions$408,056
Employee contributions$930,708
Employer contribution per active participant$1,256
Average account balance$114,730
Benefits paid to participants$1,869,620
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$13.7M · 119 accts · $408K emplr
2023$12.1M · 134 accts · $440K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,206
Total administrative$52,206
The US Marine Corporation 401(k) match · 2024
Employer contribution per active participant$1,256
Median for plans this size$2,416
2024$1,256 per active participant
2023$1,524 per active participant

US Marine Corporation'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 · 20243
SENTINEL BENEFITS GROUP, INC. · Contract administrator$1,700
VANDERBILT SECURITIES LLCindirect comp

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

Administrative cost history2
2024$52,206 · 0.41%
2023$31,795 · 0.26%
Similar plansAgriculture, Forestry & Fishing · Washington
Rch Fruit Co., Inc. WA$14.0M · 0.03%
Wilcox Farms, Inc. WA$13.7M · 0.57%
Smith Gardens, Inc. WA$13.1M · 0.61%
Firstfruits Holdco, LLC WA$10.8M · 0.13%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 541062105 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.