East Coast Seafood, LLC401(k)
EAST COAST SEAFOOD GROUP, LLC 401(K) PROFIT SHARING PLAN · NEW BEDFORD, MA · plan year 2022
East Coast Seafood, LLC's 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $10,616,053 across 87 participant accounts, with employer contributions averaging $2,094 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other management of companies employers. By assets it is among the smaller plans on file in Massachusetts (1,849th of 2,726), and 554th of 786 in management of companies. In 2022, employees put in $2.58 for every $1.00 the employer contributed.
East Coast Seafood, LLC's 2022 employer contribution ran below the $2,266 median for plans its size. 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.
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Source: U.S. Department of Labor, Form 5500 series, EIN 042730100 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.