Overview

Plan Rating

BrightScope Rating
50
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (30)
Average in Peer Group (63)
Highest in Peer Group (85)

Plan Description

Ocean Bio-Chem, Inc. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 50. Ocean Bio-Chem, Inc. 401k Plan currently has over 100 active participants and over $886.4K in plan assets.

Did you know?

For the average 401k participant, the 35 point difference between this plan's BrightScope Rating (50) and the top rated plan (85) could equate to:
15
Additional years of work
270,303
Lost Savings
*The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2016
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 4041 Sw 47th Ave
  • Location
    Davie , FL
  • 33314-4023
  • Industry
    Other Miscellaneous Nondurable Goods Merchant Wholesalers
  • Administrator
    Jeffrey Barocas
  • Net Plan Assets
    $890,000
  • Total Participants
    120
  • Avg Account Balance
    $22,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Highest
Company Generosity:
Poor

Performance

Participation Rate:
Poor
Salary Deferrals:
Average
Account Balance:
Below Avg.

Design

Total Plan Cost:
Average Fees
Company Generosity:
Average

Performance

Participation Rate:
Average
Salary Deferrals:
Great
Account Balance:
Great

Peer Group Plans

Company Rating
Art Fashion 62.2
Caleel Hayden, LLC 57.6
Lollicup Usa 55.9
Staffing Alternatives 53.7
The George J. Falter Company 50.5
Technocel 47.6
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Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

12

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Principal Large Cap S&P 500 Index 31%
N/A
Principal MidCap S&P 400 Index 13%
N/A
Principal Guaranteed Interest Account 11%
N/A
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Insurance Carrier
Principal Financial Group
Insurance Advisor/Broker
GWN Securities, Inc.
Administration
Principal Financial Group
Recordkeeper
Principal Financial Group
Auditor
Foelgner Ronz & Straw Pa

Articles and Questions

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