401(k)
2024 plan-year 401(k) DOL Form 5500

OCEAN LAKES SERVICE CORPORATION EMPLOYEE 401(K) SAVINGS PLAN

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

OCEAN LAKES SERVICE CORPORATION

This 401(k) plan holds $17M in total assets and serves 188 participants as of 2024. It is sponsored by OCEAN LAKES SERVICE CORPORATION in South Carolina. The plan reported positive net income of $2M for the year.

Total Assets (2023)
$17M
Participants
188
Industry
Food Services & Accommodation

What the Filing Says About OCEAN LAKES SERVICE CORPORATION EMPLOYEE 401(K) SAVINGS PLAN

OCEAN LAKES SERVICE CORPORATION EMPLOYEE 401(K) SAVINGS PLAN is a 401(k) retirement plan sponsored by OCEAN LAKES SERVICE CORPORATION, headquartered in South Carolina. As of the 2024 Form 5500 filing, the plan reports $17M in total end-of-year assets and covers 188 participants across the Food Services & Accommodation industry. The sponsor's EIN on file with the U.S. Department of Labor is 570527712, and the plan has been effective since 1985-11-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $15M at the beginning of 2024 to $17M at year-end — a gain of 16.7%. Net assets (after liabilities) closed the year at $17M, with reported net income of $2M 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)$15M
Total Assets (End of Year)$17M
Net Assets (End of Year)$17M
Net Income$2M
Plan Type401(k)
Employer EIN570527712
Plan Effective Date1985-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (OCEAN LAKES SERVICE CORPORATION)

Year Plans Participants Total Assets
2022 1 173 $13M
2023 1 173 $15M
2024 1 188 $17M

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Frequently Asked Questions

How much money is in the OCEAN LAKES SERVICE CORPORATION EMPLOYEE 401(K) SAVINGS PLAN?
As of the 2024 Form 5500 filing, OCEAN LAKES SERVICE CORPORATION EMPLOYEE 401(K) SAVINGS PLAN holds $17M in total assets with 188 participants. It is sponsored by OCEAN LAKES SERVICE CORPORATION.
What type of plan is OCEAN LAKES SERVICE CORPORATION EMPLOYEE 401(K) SAVINGS PLAN?
OCEAN LAKES SERVICE CORPORATION EMPLOYEE 401(K) SAVINGS PLAN is a 401(k) plan. It has been effective since 1985-11-01. The plan is filed with the U.S. Department of Labor under EIN 570527712.
Who sponsors the OCEAN LAKES SERVICE CORPORATION EMPLOYEE 401(K) SAVINGS PLAN?
OCEAN LAKES SERVICE CORPORATION EMPLOYEE 401(K) SAVINGS PLAN is sponsored by OCEAN LAKES SERVICE CORPORATION, located in South Carolina. The sponsor's EIN is 570527712 and the plan operates in the Food Services & Accommodation industry.
How did OCEAN LAKES SERVICE CORPORATION EMPLOYEE 401(K) SAVINGS PLAN perform in 2024?
OCEAN LAKES SERVICE CORPORATION EMPLOYEE 401(K) SAVINGS PLAN grew by 16.7% during 2024, moving from $15M to $17M in total assets. Net income was $2M.
Where can I find official filings for OCEAN LAKES SERVICE CORPORATION EMPLOYEE 401(K) SAVINGS PLAN?
Official Form 5500 filings for OCEAN LAKES SERVICE CORPORATION EMPLOYEE 401(K) SAVINGS PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 570527712 or plan name at efast.dol.gov.
How does OCEAN LAKES SERVICE CORPORATION EMPLOYEE 401(K) SAVINGS PLAN compare to other plans?
You can compare OCEAN LAKES SERVICE CORPORATION EMPLOYEE 401(K) SAVINGS 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 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 570527712.

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.