Retirement plan

OCEAN PACIFIC LODGE, INC. 401K PLAN

Name: OCEAN PACIFIC LODGE, INC. - OCEAN PACIFIC LODGE, INC. 401K PLAN (2022) Form 5500
Creator: OCEAN PACIFIC LODGE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OCEAN PACIFIC LODGE, INC. 401K PLAN, OCEAN PACIFIC LODGE, INC.

OCEAN PACIFIC LODGE, INC.EIN 20-8341768Plan #001PY 2022

301 PACIFIC AVE. - SANTA CRUZ, CA 95060831-457-1234theoceanpacificlodge.comLinkedIn1-10 employeeshospitality

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$687K

+21.2% from 2021

Total participants

0.0% from 2021

Average account balance

$171,709

+21.2% from 2021

Annual return

1.34%

-1.93 pp from 2021

Benchmarks

See 11,555 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants<25

Cohort11,555 peers

Snapshot2022

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$1.02M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$254K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

66.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$128K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$21K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+5.10%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2J3D3H

Plan features

2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$171,709

$84,464+103.3%

$61,399+179.7%

$134,509+27.7%

Participation rate

0.0%

62.2%-62.2pp

52.6%-52.6pp

81.2%-81.2pp

Annual return

1.34%

585.06%-583.7pp

338.81%-337.5pp

418.13%-416.8pp

Employer contribution / active EE

$2,933

$1,545+89.9%

$1,159+153.0%

$4,741-38.1%

Participant deferral / active EE

$15,833

$2,818+461.9%

$2,124+645.3%

$6,400+147.4%

Admin fee / account holder

$2,587-100.0%

$2,131-100.0%

$11,427-100.0%

OCEAN PACIFIC LODGE, INC. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

OCEAN PACIFIC LODGE, INC. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion