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

OCEAN COMMUNICATIONS 401(K) RETIREMENT PLAN

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

OCEAN COMMUNICATIONS, LLC

This 401(k) plan holds $8M in total assets and serves 122 participants as of 2022. It is sponsored by OCEAN COMMUNICATIONS, LLC in Florida. The plan reported a net loss of $2M for the year.

Total Assets (2023)
$8M
Participants
122
State
Industry
Information & Media

What the Filing Says About OCEAN COMMUNICATIONS 401(K) RETIREMENT PLAN

OCEAN COMMUNICATIONS 401(K) RETIREMENT PLAN is a 401(k) retirement plan sponsored by OCEAN COMMUNICATIONS, LLC, headquartered in Florida. As of the 2022 Form 5500 filing, the plan reports $8M in total end-of-year assets and covers 122 participants across the Information & Media industry. The sponsor's EIN on file with the U.S. Department of Labor is 650739643, and the plan has been effective since 2002-04-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $11M at the beginning of 2022 to $8M at year-end — a decline of 22.7%. Net assets (after liabilities) closed the year at $8M, with reported net income of $-2,444,271 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)$11M
Total Assets (End of Year)$8M
Net Assets (End of Year)$8M
Net Income$-2,444,271
Plan Type401(k)
Employer EIN650739643
Plan Effective Date2002-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (OCEAN COMMUNICATIONS, LLC)

Year Plans Participants Total Assets
2022 1 122 $8M
2023 1 116 $9M
2024 1 94 $9M

Nearby 401(k) Plans in Florida

Peer 401(k) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the OCEAN COMMUNICATIONS 401(K) RETIREMENT PLAN?
As of the 2022 Form 5500 filing, OCEAN COMMUNICATIONS 401(K) RETIREMENT PLAN holds $8M in total assets with 122 participants. It is sponsored by OCEAN COMMUNICATIONS, LLC.
What type of plan is OCEAN COMMUNICATIONS 401(K) RETIREMENT PLAN?
OCEAN COMMUNICATIONS 401(K) RETIREMENT PLAN is a 401(k) plan. It has been effective since 2002-04-01. The plan is filed with the U.S. Department of Labor under EIN 650739643.
Who sponsors the OCEAN COMMUNICATIONS 401(K) RETIREMENT PLAN?
OCEAN COMMUNICATIONS 401(K) RETIREMENT PLAN is sponsored by OCEAN COMMUNICATIONS, LLC, located in Florida. The sponsor's EIN is 650739643 and the plan operates in the Information & Media industry.
How did OCEAN COMMUNICATIONS 401(K) RETIREMENT PLAN perform in 2022?
OCEAN COMMUNICATIONS 401(K) RETIREMENT PLAN declined by 22.7% during 2022, moving from $11M to $8M in total assets. Net income was $-2,444,271.
Where can I find official filings for OCEAN COMMUNICATIONS 401(K) RETIREMENT PLAN?
Official Form 5500 filings for OCEAN COMMUNICATIONS 401(K) RETIREMENT PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 650739643 or plan name at efast.dol.gov.
How does OCEAN COMMUNICATIONS 401(K) RETIREMENT PLAN compare to other plans?
You can compare OCEAN COMMUNICATIONS 401(K) RETIREMENT PLAN against other 401(k) plans on the plan type page, or view plans in Florida on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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 650739643.

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.