RedactedNarrative: On July 16, 2017, at approximately 21:00, Operator was operating a 2000 Malibu Wake Setter VLX traveling downstream towards Hickory Star Marina.  The vessel was loaded with numerous wake boards, a large cooler, and 10 individuals.  The Operator stated he was traveling 35-45 mph.  Operator slowed and put the vessel in neutral as he approached an oncoming wake.  The bow of the vessel went underwater swamping the boat.  The vessel continued to take on water as the occupants grabbed life jackets exiting the sinking vessel. Occupants were able to swim to shore without incident as the vessel sank in approximately 118 feet of water.