Freedom Boat Club, LLC 401(K) Plan — Form 5500 plan (Freedom Boat Club, LLC)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Freedom Boat Club, LLC 401(K) Plan is a benefit plan reported by Freedom Boat Club, LLC under EIN 16-1663457 and plan number 001. The latest loaded filing year is 2023. The filing reports 272 participants and $0 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$0Plan net assets, end of year
Participants272Covered participants reported
Assets / participant$0Computed: assets ÷ participants$0 (computed)
Provider compensationNone reported
Plan sponsor
Freedom Boat Club, LLC
EIN
16-1663457
Plan number
001
Plan type
2
Location
Venice, FL
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023272H20240506135805NAL0057450738001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Money in vs. money out
Total income / additions$953.6K
Total expenses$400.1K
Benefits paid / distributions$397.7K
Contributions
Employer$150.6K
Participant$344.8K
Full reported line items

Net assets

Total assets (EOY)
$0
Total liabilities (EOY)
$0
Net assets (EOY)
$0
Net assets (BOY)
$2,030,735

Income & contributions

Employer contributions
$150,573
Participant contributions
$344,827
Total contributions
$496,899
Total income / additions
$953,606

Expenses & distributions

Benefits paid
$397,713
Administrative expenses
$2,371
Total expenses
$400,084
Net increase / (decrease)
$553,522
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 30%Participant 70%
Benefits paid ÷ total income42%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages