401(k) · DOL Form 5500 · 2024

Ocean Peace, Inc. 401(k) Employee Savings Plan

Data updated 2026-05-15

$14M
Total assets
301
Participants
62nd
Percentile by assets
$45,359
Avg per participant

Sponsored by US Marine Corporation · Washington · Agriculture, Forestry & Fishing

What the 2024 filing shows

Ocean Peace, Inc. 401(k) Employee Savings Plan holds $14M for 301 participants - about $45,359 per participant, above the median plan by assets, up 13.0% over the 2024 plan year.

$14M
total plan assets (2024 EOY)
301
covered participants
62nd
percentile by assets (of 116,472 plans)
$45,359
avg assets per participant
State
Industry
Agriculture, Forestry & Fishing

401(k) · DOL Form 5500 · 2024

What the Filing Says About Ocean Peace, Inc. 401(k) Employee Savings Plan

Ocean Peace, Inc. 401(k) Employee Savings Plan is a 401(k) retirement plan sponsored by US Marine Corporation, headquartered in Washington. According to the U.S. Department of Labor's 2024 Form 5500 filing, the plan reports $14M in total end-of-year assets and covers 301 participants across the Agriculture, Forestry & Fishing industry. The sponsor's EIN on file with the U.S. Department of Labor is 541062105, and the plan has been effective since 2023-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets grew at a solid clip from $12M at the beginning of 2024 to $14M at year-end - up 13.0%. Net assets (after liabilities) closed the year at $14M, 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 1 prior plan-year filing from the same sponsor shown below.

Across the 2 plan years US Marine Corporation has on file with PlainRetire (2023-2024), sponsor-wide plan assets have moved from $12M to $14M, a gain of 13.0%, while reported participants moved from 239 to 301 (+25.9%). Year-by-year, sponsor-wide filings show: 2023 - $12M in assets across 1 plan covering 239 participants; 2024 - $14M in assets across 1 plan covering 301 participants.

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.

How the percentile is calculated: we count every plan that filed a 2024 Form 5500 with a reported end-of-year asset figure (116,472 plans), rank Ocean Peace, Inc. 401(k) Employee Savings Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.

Financial Summary (2024)

Total Assets (Beginning of Year)$12M
Total Assets (End of Year)$14M
Net Assets (End of Year)$14M
Net Income$2M
Plan Type401(k)
Employer EIN541062105
Plan Effective Date2023-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (US Marine Corporation)

Year Plans Participants Total Assets
2023 1 239 $12M
2024 1 301 $14M

Nearby 401(k) Plans in Washington

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

Frequently Asked Questions

How much money is in the Ocean Peace, Inc. 401(k) Employee Savings Plan?
As of the 2024 Form 5500 filing, Ocean Peace, Inc. 401(k) Employee Savings Plan holds $14M in total assets with 301 participants. It is sponsored by US Marine Corporation.
What type of plan is Ocean Peace, Inc. 401(k) Employee Savings Plan?
Ocean Peace, Inc. 401(k) Employee Savings Plan is a 401(k) plan. It has been effective since 2023-01-01. The plan is filed with the U.S. Department of Labor under EIN 541062105.
Who sponsors the Ocean Peace, Inc. 401(k) Employee Savings Plan?
Ocean Peace, Inc. 401(k) Employee Savings Plan is sponsored by US Marine Corporation, located in Washington. The sponsor's EIN is 541062105 and the plan operates in the Agriculture, Forestry & Fishing industry.
How did Ocean Peace, Inc. 401(k) Employee Savings Plan perform in 2024?
Ocean Peace, Inc. 401(k) Employee Savings Plan grew at a solid clip - up 13.0% during 2024, moving from $12M to $14M in total assets. Net income was $2M.

What this filing means

Ways to act on Ocean Peace, Inc. 401(k) Employee Savings Plan's numbers.

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 541062105.

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.

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.