Plan Ledger DOL Form 5500 · updated monthly

High Liner Foods (USA), Incorporated401(k)

HIGH LINER FOODS (USA) 401(K) SAVINGS PLAN · PORTSMOUTH, NH · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

High Liner Foods (USA), Incorporated reported $109,537 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $1,795 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.

Across the 2 years on file its reported administrative ratio fell from 0.20% to 0.15%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 53rd-largest of 411 plans among New Hampshire employers on file, and the 2,424th of 13,661 in manufacturing. In 2024, employees put in $2.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$71,720,088
Participants with balances609
Active participants652
Employer contributions$1,170,425
Employee contributions$2,801,362
Employer contribution per active participant$1,795
Average account balance$117,767
Benefits paid to participants$10,916,487
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$71.7M · 609 accts · $1.2M emplr
2023$71.4M · 649 accts · $1.2M emplr
2022$66.9M · 650 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,909
Investment management$12,787
Total administrative$109,537
The High Liner Foods (USA), Incorporated 401(k) match · 2024
Employer contribution per active participant$1,795
Median for plans this size$3,635
2024$1,795 per active participant
2023$1,800 per active participant
2022$1,702 per active participant

High Liner Foods (USA), Incorporated's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
EMPOWER ANNUITY INSURANCE COMPANY O · Contract administrator · Recordkeeping$46,909
MAYFLOWER FINANCIAL ADVISORS LLC · Investment advisory (plan)$50,000
CARON & BLETZER PLLC$13,800
ADVISED ASSETS GROUP, LLC · Investment management$287

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Empower
2023Prudential

This plan has changed recordkeepers within these filings. If you left High Liner Foods (USA), Incorporated before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$109,537 · 0.15%
2023$131,521 · 0.19%
2022$148,955 · 0.20%
Same employer
Similar plansManufacturing · New Hampshire
Resonetics, LLC NH$60.2M · 0.12%
Elektrisola Incorporated NH$58.4M · 0.01%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 010246085 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.