Plan Ledger DOL Form 5500 · updated monthly

Fisheries, Inc.401(k)

FISHERIES, INC. 401(K) PLAN · FORT LAUDERDALE, FL · plan year 2022

Reported admin expense ratio · 2022
0.24%

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

Fisheries, Inc. reported $1,232 in plan administrative expenses for 2022: 0.24% of average plan assets, lower than ~75% of peers. Employer contributions averaged $225 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Florida (3,498th of 3,644), and 1,921st of 2,240 in accommodation & food services. In 2022, employees put in $1.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$478,447
Participants with balances24
Active participants132
Employer contributions$29,738
Employee contributions$47,785
Employer contribution per active participant$225
Average account balance$19,935
Benefits paid to participants$11,306
Plan auditUnmodified (clean) audit opinion
AuditorKEEFE, MCCULLOUGH & CO., LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,232
Total administrative$1,232
The Fisheries, Inc. 401(k) match · 2022
Employer contribution per active participant$225
Median for plans this size$331

Fisheries, Inc.'s 2022 employer contribution ran below the $331 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.

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 history1
2022$1,232 · 0.24%
Similar plansAccommodation & Food Services · Florida
Bmk Enterprises LLC FL$603K · 1.37%
Metro Services, LLC FL$601K · 0.52%
Mr. Hospitality Group LLC FL$535K · 3.14%
Valentino & Company, Inc. FL$418K · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592012116 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.