Plan Ledger DOL Form 5500 · updated monthly

North Star Fishing Company LLC401(k)

NORTH STAR FISHING COMPANY LLC 401(K) PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

North Star Fishing Company LLC reported $41,466 in plan administrative expenses for 2024: 0.62% of average plan assets, above the peer median. Employer contributions averaged $997 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 0.66% to 0.62%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Washington (1,248th of 1,714), and 568th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.84 for every $1.00 the employer contributed; active participation has shrunk from 257 to 231 since 2022.

Plan summary
Net assets, end of year$6,668,105
Participants with balances115
Active participants231
Employer contributions$230,346
Employee contributions$423,938
Employer contribution per active participant$997
Average account balance$57,984
Benefits paid to participants$1,324,979
Plan auditUnmodified (clean) audit opinion
AuditorHAGEN, KURTH, PERMAN CO., PS
Plan history3
Yearassets · accounts · employer contribution
2024$6.7M · 115 accts · $230K emplr
2023$6.6M · 124 accts · $210K emplr
2022$5.8M · 133 accts · $271K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,091
Investment management$12,500
Audit (IQPA)$12,875
Total administrative$41,466
The North Star Fishing Company LLC 401(k) match · 2024
Employer contribution per active participant$997
Median for plans this size$1,313
2024$997 per active participant
2023$703 per active participant
2022$1,056 per active participant

North Star Fishing Company LLC's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
ASCENSUS LLC · Recordkeeping$16,091
HAGEN, KURTH , PERMAN & CO · Accounting / audit$12,875
DUNCAN & HALEY LTD · Investment advisory (plan)$12,500

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$41,466 · 0.62%
2023$42,216 · 0.68%
2022$42,581 · 0.66%
Similar plansAgriculture, Forestry & Fishing · Washington
Monson Fruit Co., Inc. WA$6.8M · 0.81%
Fishermen's Finest, Inc. WA$5.7M · 0.17%
Blue Bird, Inc. WA$4.8M · 0.56%
Roy Farms, Spc WA$4.8M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262002716 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.