Plan Snapshot
- Plan Sponsor: Samuels & Son Seafood Company INC.
- Sponsor EIN: 232540626
- Sponsor Address: 3400 SOUTH LAWRENCE STREET, PHILADELPHIA, PA, 19148
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 190
- Total Assets: $3.7M
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. |
|---|---|---|---|---|
| 2025 | 190 | $3.7M | $0 | $0 |
| 2024 | 182 | $3.2M | $115,152 | $175,647 |
| 2023 | 154 | $3.0M | $114,602 | $185,235 |
| 2022 | 191 | $2.5M | $122,727 | $177,397 |
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 |
|---|---|---|---|---|
| TRANSAMERICA LIFE INSURANCE COMPANY | Recordkeeper | $15,056 | — | $15,056 |
| WELLS FARGO CLEARING SERVICES, LLC | Investment Advisor | $11,500 | — | $11,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $26,556
- Estimated Expense Ratio: 0.711% 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 |
|---|---|---|---|---|---|
| 2025 | $282,988 | — | — | — | — |
| 2024 | $57,987 | — | — | — | — |
| 2023 | $35,937 | — | — | — | — |
| 2022 | $34,036 | — | $34,036 | — | — |