401(k)
2022 plan-year 401(k) DOL Form 5500

LAND OCEAN INC 401(K) PROFIT SHARING PLAN & TRUST

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

LAND OCEAN INC

This 401(k) plan holds $353K in total assets and serves 198 participants as of 2022. It is sponsored by LAND OCEAN INC in California. The plan reported positive net income of $191K for the year.

Total Assets (2023)
$353K
Participants
198
State
Industry
Professional & Technical Services

What the Filing Says About LAND OCEAN INC 401(K) PROFIT SHARING PLAN & TRUST

LAND OCEAN INC 401(K) PROFIT SHARING PLAN & TRUST is a 401(k) retirement plan sponsored by LAND OCEAN INC, headquartered in California. As of the 2022 Form 5500 filing, the plan reports $353K in total end-of-year assets and covers 198 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 274341602, and the plan has been effective since 2020-02-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $162K at the beginning of 2022 to $353K at year-end — a gain of 117.5%. Net assets (after liabilities) closed the year at $353K, with reported net income of $191K 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.

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)$162K
Total Assets (End of Year)$353K
Net Assets (End of Year)$353K
Net Income$191K
Plan Type401(k)
Employer EIN274341602
Plan Effective Date2020-02-01
Filing StatusFILING RECEIVED

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Frequently Asked Questions

How much money is in the LAND OCEAN INC 401(K) PROFIT SHARING PLAN & TRUST?
As of the 2022 Form 5500 filing, LAND OCEAN INC 401(K) PROFIT SHARING PLAN & TRUST holds $353K in total assets with 198 participants. It is sponsored by LAND OCEAN INC.
What type of plan is LAND OCEAN INC 401(K) PROFIT SHARING PLAN & TRUST?
LAND OCEAN INC 401(K) PROFIT SHARING PLAN & TRUST is a 401(k) plan. It has been effective since 2020-02-01. The plan is filed with the U.S. Department of Labor under EIN 274341602.
Who sponsors the LAND OCEAN INC 401(K) PROFIT SHARING PLAN & TRUST?
LAND OCEAN INC 401(K) PROFIT SHARING PLAN & TRUST is sponsored by LAND OCEAN INC, located in California. The sponsor's EIN is 274341602 and the plan operates in the Professional & Technical Services industry.
How did LAND OCEAN INC 401(K) PROFIT SHARING PLAN & TRUST perform in 2022?
LAND OCEAN INC 401(K) PROFIT SHARING PLAN & TRUST grew by 117.5% during 2022, moving from $162K to $353K in total assets. Net income was $191K.
Where can I find official filings for LAND OCEAN INC 401(K) PROFIT SHARING PLAN & TRUST?
Official Form 5500 filings for LAND OCEAN INC 401(K) PROFIT SHARING PLAN & TRUST are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 274341602 or plan name at efast.dol.gov.
How does LAND OCEAN INC 401(K) PROFIT SHARING PLAN & TRUST compare to other plans?
You can compare LAND OCEAN INC 401(K) PROFIT SHARING PLAN & TRUST against other 401(k) plans on the plan type page, or view plans in California on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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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 274341602.

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 official public datasets. See our methodology for details.