Plan Snapshot
- Plan Sponsor: East Coast Seafood, LLC
- Sponsor EIN: 042730100
- Sponsor Address: 10 NORTH FRONT STREET, NEW BEDFORD, MA, 02740
- Plan Type: 401(k)
- Total Participants: 91
- Total Assets: $13.9M
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 | 91 | $13.9M | $186,566 | $483,855 |
| 2023 | 84 | $12.7M | $168,929 | $450,595 |
| 2022 | 80 | $10.6M | $167,532 | $432,915 |
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 |
|---|---|---|---|---|
| BAKER, TILLY US. LLP | 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 | $853,218 | — | -$781 | — | — |
| 2023 | $262,560 | — | $10,478 | — | — |
| 2022 | -$7,969 | — | — | — | — |