Plan Snapshot
- Plan Sponsor: Raw Sea Foods, INC. Dba Raw Seafoods, INC.
- Sponsor EIN: 043406925
- Sponsor Address: 481 CURRANT ROAD, FALL RIVER, MA, 027204712
- Plan Type: 401(k)
- Total Participants: 420
- Total Assets: $12.3M
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 | 420 | $12.3M | $423,554 | $777,189 |
| 2023 | 394 | $9.8M | $319,417 | $630,055 |
| 2022 | 208 | $7.8M | $286,031 | $552,203 |
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 |
|---|---|---|---|---|
| MASS MUTUAL LIFE INSURANCE CO | SERVICE PROVIDER | — | $26,254 | $26,254 |
| THE ANGELL PENSION GROUP, INC. | THIRD PARTY ADMINISTRATO | — | $5,352 | $5,352 |
| SANSIVERI, KIMBALL & CO., LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SANSIVERI, KIMBALL & CO., LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $31,606
- Estimated Expense Ratio: 0.256% 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 | $12,901 | — | $12,501 | — | — |
| 2023 | $6,903 | — | $6,903 | — | — |
| 2022 | $8,999 | — | — | — | — |