Plan Snapshot
- Plan Sponsor: Palmer Fish Company, INC.
- Sponsor EIN: 160581370
- Sponsor Address: 900 JEFFERSON ROAD, ROCHESTER, NY, 14623
- Plan Type: 401(k)
- Total Participants: 868
- Total Assets: $40.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 868 | $40.9M | $844,813 | $4.0M |
| 2023 | 782 | $35.5M | $921,345 | $3.7M |
| 2022 | 707 | $27.9M | $753,317 | $3.0M |
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 |
|---|---|---|---|---|
| THE BONADIO GROUP | Auditor | $12,000 | — | $12,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE BONADIO GROUP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $12,000
- Estimated Expense Ratio: 0.029% 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 | $167,182 | $47,344 | $300 | $12,000 | — |
| 2023 | $125,541 | $42,913 | $300 | — | — |
| 2022 | $110,885 | $2,163 | — | — | — |