American Maritime Officers
Form 5500 DataOverview
Plan Description
American Maritime Officers Defined Contribution Plan is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 71. This plan is in the top 15% of plans for Company Generosity and Participation Rate. American Maritime Officers Defined Contribution Plan currently has over 4,300 active participants and over $153.2M in plan assets.
Did you know?
For the average 401k participant, the 18 point difference between this plan's BrightScope Rating (71) and the top rated plan (89) could equate to:
11
Additional years of work
79,883
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 9/30/2019
Plan data has been audited by an Independent Qualified Public Accountant (IQPA). Address 2 West Dixie Highway
Plan data has been audited by an Independent Qualified Public Accountant (IQPA). Address 2 West Dixie Highway
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LocationDania Beach , FL33004
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IndustryTransportation and Warehousing
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Net Plan Assets$153,000,000
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Total Participants4,400
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Avg Account Balance$35,000
Plan Components
Component Ratings
Design
Total Plan Cost:
High Fees
Company Generosity:
Great
Performance
Participation Rate:
Great
Salary Deferrals:
Poor
Account Balance:
Average
Design
Total Plan Cost:
Highest
Company Generosity:
Above Average
Performance
Participation Rate:
Great
Salary Deferrals:
Poor
Account Balance:
Poor
Peer Group Plans
Company | Rating |
---|---|
The Vane Brothers Company | 73.3 |
Eakes | 65.6 |
Forum Communications Company 401k Plan | 60.2 |
Scout Logistics | 58.8 |
Dousman Transport Co. | 46.8 |
Allen Theatres | 41.7 |
Top Industry Articles
Compliance
Stimulus Bill Extends Some Provisions of the CARES Act
It also provides a way for retirement plan sponsors to avoid a partial plan termination.
December 28, 2020
exclusives
Coronavirus Hardship Withdrawals, Taxes and Your Retirement Plan Clients
Coronavirus-related withdrawals made in 2020 were a financial lifeline for some, but they could also turn into a major tax headache for others.
February 19, 2021
Data & Research
Many Near-Retirees Don't Understand Social Security Benefits
More than one-third failed a basic Social Security quiz administered by MassMutual.
April 7, 2021
exclusives
Warn Your Clients: Don’t Abuse Coronavirus Hardship Withdrawals
Though retirement plans can allow individuals to self-certify that they qualify for a penalty-free coronavirus-related distribution, should the IRS discover otherwise during a future audit, a participant can be subject to substantial penalties.
June 11, 2020
Practice Management
Practice Management: Areas of Success
A look at what worked particularly well in 2020 and that could keep propelling growth in 2021.
December 28, 2020
Investments
Largest Funds in this Plan | Allocation of Assets | 1 YR Rank in Category |
---|---|---|
BlackRock Global Allocation | 47% |
30%
|
Dodge & Cox Stock | 8% |
22%
|
ClearBridge Large Cap Growth | 7% |
82%
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100%
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|
100%
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|
|
100%
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100%
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View all funds in this plan
Providers
Articles and Questions

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