Plan Ledger DOL Form 5500 · updated monthly

Lunds Fisheries, Inc.401(k)

LUND'S FISHERIES INC 401(K) EMPLOYEE SAVINGS PLAN · CAPE MAY, NJ · plan year 2022

Reported admin expense ratio · 2022
0.36%

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

Lunds Fisheries, Inc. reported $16,378 in plan administrative expenses for 2022: 0.36% of average plan assets, below the peer median. Employer contributions averaged $741 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 agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in New Jersey (1,932nd of 2,419), and 670th of 945 in agriculture, forestry & fishing. In 2022, employees put in $3.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,413,592
Participants with balances62
Active participants193
Employer contributions$142,943
Employee contributions$445,935
Employer contribution per active participant$741
Average account balance$71,187
Benefits paid to participants$253,312
Plan auditUnmodified (clean) audit opinion
AuditorKRONICK KALADA BERDY & CO., P.C.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,620
Investment management$14,758
Total administrative$16,378
The Lunds Fisheries, Inc. 401(k) match · 2022
Employer contribution per active participant$741
Median for plans this size$1,114

Lunds Fisheries, Inc.'s 2022 employer contribution ran below the $1,114 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$16,378 · 0.36%
Similar plansAgriculture, Forestry & Fishing · New Jersey
Lummus Technology LLC NJ$112.7M · 0.03%
The Seeing Eye, Inc. NJ$26.1M · 0.25%
Frank Donio, Inc. NJ$15.0M · 0.62%
Puppyspot Group, LLC NJ$5.4M · 0.84%
Cooks Venture Poultry NJ$757K · 0.28%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 210682900 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.