Seabring Marine Industries, Inc. d/b/a Monterey Boats

Form 5500 Data

Seabring Marine Industries, Inc. d/b/a Monterey Boats

54
Form 5500 Data

Overview

Plan Rating

BrightScope Rating
54
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (36)
Average in Peer Group (69)
Highest in Peer Group (86)

Plan Description

Monterey Boats Rewards Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 54. This plan is in the top 35% of plans for Total Plan Cost. Monterey Boats Rewards Plan currently has over 300 active participants and over $5.0M in plan assets.

Did you know?

For the average 401k participant, the 32 point difference between this plan's BrightScope Rating (54) and the top rated plan (86) could equate to:
15
Additional years of work
223,820
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 12/31/2017
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 1579 Sw 18th St
  • Location
    Williston , FL
  • 32696
  • Industry
    Manufacturing
  • Administrator
    James Ducharme
  • Net Plan Assets
    $4,980,000
  • Total Participants
    340
  • Avg Account Balance
    $19,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Low Fees
Company Generosity:
Below Avg.

Performance

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

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Below Avg.

Performance

Participation Rate:
Average
Salary Deferrals:
Below Avg.
Account Balance:
Below Avg.
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Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

32

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Fidelity Freedom Funds 16%
69%
Fidelity US Government Reserves 11%
35%
Janus Henderson Triton 6%
32%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Recordkeeper
Fidelity
Auditor
James Moore & Co, P.L.

Articles and Questions

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