# Channel Fish Processing Co INC 401(k) Plan
Source: https://planprovider.pro/companies/channel-fish-processing-co-inc-401k-plan

> Channel Fish Processing Co INC&#39;s 401(k) plan: 185 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Channel Fish Processing Co INC

- **Sponsor EIN:** 042857608

- **Sponsor Address:** 200 COMMERCE DRIVE, BRAINTREE, MA, 02184

- **Plan Type:** 401(k)

- **Total Participants:** 185

- **Total Assets:** $5.4M

## 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|185|$5.4M|$248,331|$501,382|

| 2023|149|$5.1M|$182,930|$339,687|

| 2022|137|$4.3M|$184,809|$349,934|

## 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|

| GRAY GRAY & GRAY|Auditor|—|—|$0|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### 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|$24,717|$11,132|—|—|—|

| 2023|$2,182|—|—|—|—|

| 2022|$12,805|—|—|—|—|

## Similar Plans

- [Gorton'S INC.](https://planprovider.pro/companies/gorton-s-inc-401k-plan-003) — 187 participants

- [Ipswich Shellfish Company, INC.](https://planprovider.pro/companies/ipswich-shellfish-company-inc-401k-plan) — 203 participants

- [Eastern Fisheries, INC.](https://planprovider.pro/companies/eastern-fisheries-inc-401k-plan) — 234 participants

- [Gorton'S INC.](https://planprovider.pro/companies/gorton-s-inc-401k-plan-001) — 241 participants

- [Gorton'S INC.](https://planprovider.pro/companies/gorton-s-inc-plan) — 72 participants

- [Raw Sea Foods, INC. Dba Raw Seafoods, INC.](https://planprovider.pro/companies/raw-seafoods-inc-401k-plan) — 420 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/channel-fish-processing-co-inc-401k-plan)

&copy; 2026 PlanProvider.Pro
