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

Sea Hunt Boat Mfg Co., Inc. 401(k) Plan

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

Sponsored by Sea Hunt Boat Mfg Co., Inc. · South Carolina · Retail Trade

What the 2023 filing shows

Sea Hunt Boat Mfg Co., Inc. 401(k) Plan holds $1M for 225 participants — about $6,291 per participant, down 1.7% over the 2022 plan year.

$1M
total plan assets (2022 EOY)
225
covered participants
$6,291
avg assets per participant
-1.7%
assets change YoY

The plan reported a net loss of $25K for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$1M
Participants
225
Industry
Retail Trade

What the Filing Says About Sea Hunt Boat Mfg Co., Inc. 401(k) Plan

Sea Hunt Boat Mfg Co., Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Sea Hunt Boat Mfg Co., Inc., headquartered in South Carolina. As of the 2022 Form 5500 filing, the plan reports $1M in total end-of-year assets and covers 225 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 571033229, and the plan has been effective since 2018-03-15. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $1M at the beginning of 2022 to $1M at year-end — a decline of 1.7%. Net assets (after liabilities) closed the year at $1M, with reported net income of $-25,208 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)$1M
Total Assets (End of Year)$1M
Net Assets (End of Year)$1M
Net Income$-25,208
Plan Type401(k)
Employer EIN571033229
Plan Effective Date2018-03-15
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in South Carolina

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Frequently Asked Questions

How much money is in the Sea Hunt Boat Mfg Co., Inc. 401(k) Plan?
As of the 2022 Form 5500 filing, Sea Hunt Boat Mfg Co., Inc. 401(k) Plan holds $1M in total assets with 225 participants. It is sponsored by Sea Hunt Boat Mfg Co., Inc..
What type of plan is Sea Hunt Boat Mfg Co., Inc. 401(k) Plan?
Sea Hunt Boat Mfg Co., Inc. 401(k) Plan is a 401(k) plan. It has been effective since 2018-03-15. The plan is filed with the U.S. Department of Labor under EIN 571033229.
Who sponsors the Sea Hunt Boat Mfg Co., Inc. 401(k) Plan?
Sea Hunt Boat Mfg Co., Inc. 401(k) Plan is sponsored by Sea Hunt Boat Mfg Co., Inc., located in South Carolina. The sponsor's EIN is 571033229 and the plan operates in the Retail Trade industry.
How did Sea Hunt Boat Mfg Co., Inc. 401(k) Plan perform in 2022?
Sea Hunt Boat Mfg Co., Inc. 401(k) Plan declined by 1.7% during 2022, moving from $1M to $1M in total assets. Net income was $-25,208.
Where can I find official filings for Sea Hunt Boat Mfg Co., Inc. 401(k) Plan?
Official Form 5500 filings for Sea Hunt Boat Mfg Co., Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 571033229 or plan name at efast.dol.gov.
How does Sea Hunt Boat Mfg Co., Inc. 401(k) Plan compare to other plans?
You can compare Sea Hunt Boat Mfg Co., Inc. 401(k) Plan against other 401(k) plans on the plan type page, or view plans in South Carolina 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 571033229.

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.