Plan Snapshot
- Plan Sponsor: American Seafoods Group, LLC.
- Sponsor EIN: 223702647
- Sponsor Address: 2025 FIRST AVENUE, SUITE 900, SEATTLE, WA, 98121
- Plan Type: 401(k)
- Total Participants: 989
- Total Assets: $54.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 989 | $54.5M | $2.1M | $4.6M |
| 2023 | 951 | $45.4M | $2.4M | $5.0M |
| 2022 | 895 | $34.2M | $2.0M | $4.4M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $42,493 | — | $42,493 |
| ASSURED PARTNERS | Investment Advisor | $35,838 | — | $35,838 |
| HUNNEX AND SHOEMAKER, INC. | Other Service Provider | $33,423 | — | $33,423 |
| M HOLDINGS SECURITIES INC. | Investment Advisor | $23,930 | — | $23,930 |
| EMPOWER ADVISORY GROUP | Investment Advisor | $7,548 | — | $7,548 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $143,232
- Estimated Expense Ratio: 0.263% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $143,606 | — | — | — | — |
| 2023 | $101,647 | — | — | — | — |
| 2022 | $53,297 | — | — | — | — |