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BLUE OCEAN RETIREMENT PLAN 401k Plan overview

Plan NameBLUE OCEAN RETIREMENT PLAN
Plan identification number 001

BLUE OCEAN RETIREMENT PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.

401k Sponsoring company profile

BLUE OCEAN PRIVATEERS, LTD has sponsored the creation of one or more 401k plans.

Company Name:BLUE OCEAN PRIVATEERS, LTD
Employer identification number (EIN):824840203
NAIC Classification:722410
NAIC Description:Drinking Places (Alcoholic Beverages)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BLUE OCEAN RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012018-01-01RALPH E. ALVAREZ

Plan Statistics for BLUE OCEAN RETIREMENT PLAN

401k plan membership statisitcs for BLUE OCEAN RETIREMENT PLAN

Measure Date Value
2018: BLUE OCEAN RETIREMENT PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-010
Total number of active participants reported on line 7a of the Form 55002018-01-011
Total of all active and inactive participants2018-01-011
Total participants2018-01-011
Number of participants with account balances2018-01-011

Financial Data on BLUE OCEAN RETIREMENT PLAN

Measure Date Value
2018 : BLUE OCEAN RETIREMENT PLAN 2018 401k financial data
Total income from all sources2018-12-31$346,159
Total plan assets at end of year2018-12-31$346,159
Contributions received from other sources (not participants or employers)2018-12-31$450,000
Other income received2018-12-31$-103,841
Net income (gross income less expenses)2018-12-31$346,159
Net plan assets at end of year (total assets less liabilities)2018-12-31$346,159
Assets. Value of participant loans2018-12-31$45,542
Assets. Value of employer securities2018-12-31$219,598
Funding deficiency by the employer to the plan for this plan year2018-12-31$0
Minimum employer required contribution for this plan year2018-12-31$0
Amount contributed by the employer to the plan for this plan year2018-12-31$0

Form 5500 Responses for BLUE OCEAN RETIREMENT PLAN

2018: BLUE OCEAN RETIREMENT PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01First time form 5500 has been submittedYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes

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