401(k) ยท DOL Form 5500 ยท 2022

Marine Layer Inc. 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA, verify with linked source filings below.

$3M
Total assets
134
Participants
16th
Percentile by assets

Sponsored by Marine Layer Pbc ยท California ยท Retail Trade

What the 2022 filing shows

Marine Layer Inc. 401(k) Plan holds $3M for 134 participants - about $21,012 per participant, among the smaller plans by assets on file, up 22.9% over the 2022 plan year.

$3M
total plan assets (2022 EOY)
134
covered participants
16th
percentile by assets (of 84,055 plans)
$21,012
avg assets per participant
Total Assets (2023)
$3M
Participants
134
State
Industry
Retail Trade

What the Filing Says About Marine Layer Inc. 401(k) Plan

Marine Layer Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Marine Layer Pbc, headquartered in California. As of the 2022 Form 5500 filing, the plan reports $3M in total end-of-year assets and covers 134 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 264763175, and the plan has been effective since 2019-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $2M at the beginning of 2022 to $3M at year-end - a gain of 22.9%. Net assets (after liabilities) closed the year at $3M, with reported net income of $524K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$2M
Total Assets (End of Year)$3M
Net Assets (End of Year)$3M
Net Income$524K
Plan Type401(k)
Employer EIN264763175
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Marine Layer Pbc)

Year Plans Participants Total Assets
2022 1 134 $3M
2023 1 235 $4M
2024 1 283 $6M

Nearby 401(k) Plans in California

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Frequently Asked Questions

How much money is in the Marine Layer Inc. 401(k) Plan?
As of the 2022 Form 5500 filing, Marine Layer Inc. 401(k) Plan holds $3M in total assets with 134 participants. It is sponsored by Marine Layer Pbc.
What type of plan is Marine Layer Inc. 401(k) Plan?
Marine Layer Inc. 401(k) Plan is a 401(k) plan. It has been effective since 2019-01-01. The plan is filed with the U.S. Department of Labor under EIN 264763175.
Who sponsors the Marine Layer Inc. 401(k) Plan?
Marine Layer Inc. 401(k) Plan is sponsored by Marine Layer Pbc, located in California. The sponsor's EIN is 264763175 and the plan operates in the Retail Trade industry.
How did Marine Layer Inc. 401(k) Plan perform in 2022?
Marine Layer Inc. 401(k) Plan grew by 22.9% during 2022, moving from $2M to $3M in total assets. Net income was $524K.
Where can I find official filings for Marine Layer Inc. 401(k) Plan?
Official Form 5500 filings for Marine Layer Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 264763175 or plan name at efast.dol.gov.
How does Marine Layer Inc. 401(k) Plan compare to other plans?
You can compare Marine Layer Inc. 401(k) Plan against other 401(k) plans on the plan type page, or view plans in California on the state page. PlainRetire tracks all 402,674 ERISA-covered retirement plans in the U.S. that filed a Form 5500 for the 2023 plan year.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 264763175.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.