Seabring Marine Industries 401(k) match, vesting and fees

Plan year 2025 filingMonterey Boats Rewards Plan · Plan 001 · EIN 59-2648868Updated Oct 2026

What Seabring Marine Industries' 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2025 filing reports $113K in employer contributions, about $382 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2025 Form 5500 ↗
$30,415
Average account balance
358
Participants (end of year)
$9M
Plan assets (end of year)
0.23%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperFidelity Investments InstitutionalSchedule C ↗
Independent auditorJames Moore & Co. (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

How the plan compares

Plan year 2025 medians for 3,042 defined-contribution plans in manufacturing with 100 to 499 participants.

Seabring Marine Industries: employer contribution per participant$382
Peer median$1,962
Seabring Marine Industries: average balance$30,415
Peer median$75,225
Seabring Marine Industries: admin expenses ÷ assets0.23%
Peer median0.32%

Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.

Plan history

Plan assets went from $8.3M at the end of plan year 2021 to $9M at the end of plan year 2025.

$8.3M2021$6.9M2022$7.8M2023$8.2M2024$9M2025
End-of-year figures from each plan year's Form 5500 filing for the Seabring Marine Industries plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
2025358$9M$113K$3820.23%Not publishedForm 5500 ↗
2024347$8.2M$75K$2740.29%Not publishedForm 5500 ↗
2023450$7.8M$155K$3820.44%Not publishedForm 5500 ↗
2022506$6.9M$165K$3660.36%Not publishedForm 5500 ↗
2021428$8.3M$123K$3330.28%Not publishedForm 5500 ↗

Common questions

Does Seabring Marine Industries match 401(k) contributions?

The match terms for the Monterey Boats Rewards Plan have not been published from its filing yet. The plan year 2025 filing reports $113K in employer contributions, about $382 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Seabring Marine Industries 401(k) match vested?

The vesting schedule for the Monterey Boats Rewards Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Seabring Marine Industries 401(k)?

The recordkeeper listed on Schedule C of the plan year 2025 filing is Fidelity Investments Institutional. The plan administrator is Seabring Marine Industries, Inc.

I left Seabring Marine Industries. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Seabring Marine Industries, Inc, (352) 528-2628) or the recordkeeper, Fidelity Investments Institutional. The Seabring Marine Industries old 401(k) page lists the contacts from every plan filing. Find an old Seabring Marine Industries 401(k)

Data from the public Form 5500 annual reports Seabring Marine Industries filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Seabring Marine Industries. Not financial advice. Report a correction · Methodology