Department of Labor filing

KEY WEST BOATS, INC.

KEY WEST BOATS, INC. RETIREMENT SAVINGS PLAN · For the plan year ended Mar 31, 2025

Public filing 2024 · received Jan 15, 2026Verified current terms Not available

Plan at a glance

How good does the filing look?

74filing comparison
out of 100

The filing looks somewhat better than typical peers on the measures we can compare. This is a filing comparison, not a complete benefits score.

$Employer support

$2,802

Reported employer contributions per active participant.

Higher than about 77% of comparable plans

#People in the filing

186

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$96 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 66% of comparable plans

↗Investment performance

Not available

Plan assets changed 6.6%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202474out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions77th percentileTypical peer $1,654 · based on 455 comparable plans

Lower reported administrative expense66th percentileTypical peer $138 · based on 457 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Mar 31, 2025, KEY WEST BOATS, INC. reported $521,212 in employer contributions across the plan and 186 active participants. That works out to $2,802 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy67%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendNot enough history

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 462.4%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context74/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $521,212
Participant contributions: $606,814
Other contributions: Not reported
Employer share of reported contributions: 46.2%
Beginning assets: $8,481,288
Ending assets: $9,038,617
Ending net assets: $9,038,617
Ending liabilities: Not reported
Total income: $1,582,773
Total expenses: $1,025,444
Administrative expenses: $22,447
Participant loans: $575,598

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

Not reported

2023

$3,799

2024

$2,802

Plan-paid administrative expenses per participant

2022

$17

2023

$55

2024

$96

Active participants

2022

2023

136

2024

186

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$2,802	186	9M	20260115162915NAL0032690866001
2023	$3,799	136	8.5M	20250325150328NAL0007789251001
2022	Not reported	0	6.5M	20240116115720NAL0000617137001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 6.4%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 570857357-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Apr 1, 1991
Industry: Industry group 336
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2K2T3D

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

Provider	Plan year	Direct compensation	Indirect compensation
AMERICAN UNITED LIFE INSURANCE CO	2024	Not reported	unknown

Current plan terms

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Filing ACK_ID20260115162915NAL0032690866001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗