Plan Ledger DOL Form 5500 · updated monthly

Trident Seafoods Corporation401(k)

TRIDENT SEAFOODS CORPORATION 401(K) RETIREMENT PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Trident Seafoods Corporation reported $154,278 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,782 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 0.08% to 0.06%. 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 87th-largest of 1,714 plans among Washington employers on file, and the 977th of 13,661 in manufacturing. In 2024, employees put in $2.33 for every $1.00 the employer contributed; active participation has shrunk from 4,098 to 2,573 since 2022.

Plan summary
Net assets, end of year$255,441,708
Participants with balances2,381
Active participants2,573
Employer contributions$7,157,551
Employee contributions$16,698,915
Employer contribution per active participant$2,782
Average account balance$107,283
Benefits paid to participants$41,021,262
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$255.4M · 2,381 accts · $7.2M emplr
2023$236.3M · 2,649 accts · $7.6M emplr
2022$200.1M · 2,734 accts · $6.9M emplr
Administrative expenses, itemized · 2024
Investment management$163,192
Audit (IQPA)$24,000
Total administrative$154,278
The Trident Seafoods Corporation 401(k) match · 2024
Employer contribution per active participant$2,782
Median for plans this size$3,635
2024$2,782 per active participant
2023$2,233 per active participant
2022$1,678 per active participant

Trident Seafoods Corporation's 2024 employer contribution ran below the $3,635 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 · 20244
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$120,750
UBS FINANCIAL SERVICES, INC. · Investment advisory (plan)$42,442
CLARK NUBER P.S. · Accounting / audit$24,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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

Administrative cost history3
2024$154,278 · 0.06%
2023$231,951 · 0.11%
2022$179,362 · 0.08%
Same employer
Similar plansManufacturing · Washington
Blue Origin, LLC WA$1.2B · 0.10%
Itron, Inc. WA$650.5M · 0.08%
Clearwater Paper Corporation WA$294.4M · 0.10%
Tsmc Washington LLC WA$273.8M · 0.04%
Electroimpact, Inc. WA$178.4M · 0.05%
Seh America, Inc. WA$169.7M · 0.08%
Darigold, Inc. WA$164.1M · 0.15%
Continental Mills, Inc WA$157.5M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470702463 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.