Plan Snapshot
- Plan Sponsor: Blue Harvest Fisheries, LLC
- Sponsor EIN: 300859597
- Sponsor Address: 40 HERMAN MELVILLE BOULEVARD, NEW BEDFORD, MA, 02740
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $0
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 | 0 | $0 | $0 | $0 |
| 2023 | 0 | $2.8M | $102,986 | $252,653 |
| 2022 | 114 | $3.3M | $211,539 | $566,155 |
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 |
|---|---|---|---|---|
| COMPASS 360, LLC | Other Service Provider | $24,590 | $3,260 | $27,850 |
| EMPOWER ANNUITY INSURANCE | Recordkeeper | $7,000 | — | $7,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $34,850
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 | — | — | — | — | — |
| 2023 | $31,874 | — | $31,874 | — | — |
| 2022 | $25,782 | — | $25,782 | — | — |