Plan Ledger DOL Form 5500 · updated monthly

Daybrook Fisheries, Inc.401(k)

DAYBROOK FISHERIES, INC. 401(K) PLAN · NEW ORLEANS, LA · plan year 2022

Reported admin expense ratio · 2022
0.60%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Daybrook Fisheries, Inc. reported $38,110 in plan administrative expenses for 2022: 0.60% of average plan assets, above the peer median. Employer contributions averaged $3,109 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Louisiana (582nd of 884), and 10,884th of 13,661 in manufacturing. In 2022, employees put in $1.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,616,556
Participants with balances120
Active participants89
Employer contributions$276,712
Employee contributions$494,548
Employer contribution per active participant$3,109
Average account balance$46,805
Benefits paid to participants$1,026,443
Plan auditUnmodified (clean) audit opinion
AuditorLAPORTE,APAC
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $213K emplr
2022$5.6M · 120 accts · $277K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$26,160
Investment management$11,950
Total administrative$38,110
The Daybrook Fisheries, Inc. 401(k) match · 2022
Employer contribution per active participant$3,109
Median for plans this size$1,114

Daybrook Fisheries, Inc.'s 2022 employer contribution ran above the $1,114 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$38,110 · 0.60%
Same employer
Similar plansManufacturing · Louisiana
Tony's Seafood, LTD LA$6.9M · 0.09%
Elevating Boats, LLC LA$5.8M · 0.02%
M.A. Patout & Son, LTD. LA$5.3M · 0.41%
Ronpak, Inc. LA$4.8M · 0.62%
Custom Labels, Inc. LA$4.6M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720695828 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.