Overview

Plan Rating

BrightScope Rating
59
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (12)
Average in Peer Group (50)
Highest in Peer Group (79)

Plan Description

Ocean Lakes Service Corporation 401k Savings Plan and Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 59. This plan is in the top 35% of plans for Account Balances. Ocean Lakes Service Corporation 401k Savings Plan and Trust currently has over 200 active participants and over $10.3M in plan assets.

Did you know?

For the average 401k participant, the 20 point difference between this plan's BrightScope Rating (59) and the top rated plan (79) could equate to:
9
Additional years of work
98,227
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 12/31/2014
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 6001 S. Kings Hwy.
  • Location
    Myrtle Beach , SC
  • 29575
  • Industry
    Accommodation and Food Services
  • Administrator
    Dennis L. Wade
  • Net Plan Assets
    $10,300,000
  • Total Participants
    260
  • Avg Account Balance
    $66,000

Plan Components

Component Ratings

Design

Total Plan Cost:
High Fees
Company Generosity:
Average

Performance

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

Design

Total Plan Cost:
Highest
Company Generosity:
Below Avg.

Performance

Participation Rate:
Poor
Salary Deferrals:
Average
Account Balance:
Average
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Investments

Investment Menu Stats

# of Investment Options

19

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Harbor International 15%
59%
Dodge & Cox Income 14%
11%
Vanguard Equity-Income 13%
13%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Corporate Trustee
BB&T
Recordkeeper
BB&T
Investment Adviser
SHDR Investment Advisers, Inc.
Investment Adviser
ProNvest
Auditor
Elliott Davis Investment Advisors

Articles and Questions

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