Plan Ledger DOL Form 5500 · updated monthly

Starfish Holdings, Inc.ESOP

STARFISH HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN · HUNTSVILLE, AL · plan year 2022

Employer contribution per participant · 2022
$17,395

Starfish Holdings, Inc.'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 $388,874,122 across 1,446 participant accounts, with employer contributions averaging $17,395 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $250M–$1B size bracket, benchmarked here against 2,568 comparable plans and shown alongside other professional & technical services employers. By assets it is the 24th-largest of 902 plans among Alabama employers on file, and the 457th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$388,874,122
Participants with balances1,446
Active participants1,324
Employer contributions$23,031,563
Employee contributions—
Employer contribution per active participant$17,395
Average account balance$268,931
Benefits paid to participants$56,006,108
Plan auditUnmodified (clean) audit opinion
AuditorBMSS, LLC
Employer contributions to the Starfish Holdings, Inc. plan · 2022
Employer contribution per active participant$17,395
Median for plans this size$4,065

Starfish Holdings, Inc.'s 2022 employer contribution ran above the $4,065 median for plans its size, placing it in the top 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.

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Source: U.S. Department of Labor, Form 5500 series, EIN 731659533 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.