Retirement plan

NORTH PACIFIC SEAFOODS 401(K) SAVINGS PLAN

Name: NORTH PACIFIC SEAFOODS, INC. - NORTH PACIFIC SEAFOODS 401(K) SAVINGS PLAN (2019) Form 5500
Creator: NORTH PACIFIC SEAFOODS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NORTH PACIFIC SEAFOODS 401(K) SAVINGS PLAN, NORTH PACIFIC SEAFOODS, INC.

NORTH PACIFIC SEAFOODS, INC.EIN 20-2319027Plan #002PY 2019

4 NICKERSON STREET, SUITE 400 - SEATTLE, WA 98109206-726-9900LinkedIn1001-5000 employeesfishery

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$18M

+20.1% from 2018

Total participants

796

+15.0% from 2018

Average account balance

$25,047

+3.4% from 2018

Annual return

18.59%

+23.15 pp from 2018

Benchmarks

See 691 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort691 peers

Snapshot2019

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$30.27M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$36K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

836

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

82.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.29M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+46.36%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$180

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 6 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS1 year Filed as: TRANSAMERICA RETIREMENT SOLUTIONS, Service code 15 · EIN 13-3689044	Recordkeeping	$32,153
M HOLDINGS SECURITIES INC1 year Filed as: M HOLDINGS SECURITIES, INC. Service code 27 · EIN 91-1802259	Advisory (Plan)	$27,500
MOSS ADAMS LLP1 year Service code 10 · EIN 91-0189318	Accounting	$15,500
HUNNEX AND SHOEMAKER, INC.1 year Service code 15 · EIN 91-1072394	Recordkeeping	$2,925
MERRILL LYNCH PIERCE FENNER & SMITH5+ years Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085	Recordkeeping	$975
HAWLEY TROXELL1 year Filed as: HAWLEY TROXWELL ENNIS & HAWLEY Service code 17 · EIN 82-0259668	Pension Consulting	$235

Plan features & details

Pension benefit codes2F2G2J2K2T3D3H

Plan features

2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$84K

$243 / participant

Other / not subdivided$84K100.0%

% of EOY assets

0.463%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: MOSS-ADAMS, LLC
Auditor EIN: 910189318
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$25,047

$55,790-55.1%

$76,657-67.3%

$67,579-62.9%

Participation rate

77.8%

71.1%+6.8pp

72.1%+5.7pp

71.3%+6.6pp

Annual return

18.59%

64.45%-45.9pp

1166.74%-1148.2pp

378.56%-360.0pp

Employer contribution / active EE

$1,971

$1,810+8.9%

$2,303-14.4%

$2,148-8.2%

Participant deferral / active EE

$4,409

$2,875+53.4%

$3,335+32.2%

$3,539+24.6%

Admin fee / account holder

$116

$159-27.1%

$6,423-98.2%

$142-18.5%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS1 year

Filed as: TRANSAMERICA RETIREMENT SOLUTIONS,

Service code 15 · EIN 13-3689044

Recordkeeping

$32,153

M HOLDINGS SECURITIES INC1 year

Filed as: M HOLDINGS SECURITIES, INC.

Service code 27 · EIN 91-1802259

Advisory (Plan)

$27,500

MOSS ADAMS LLP1 year

Service code 10 · EIN 91-0189318

Accounting

$15,500

HUNNEX AND SHOEMAKER, INC.1 year

Service code 15 · EIN 91-1072394

Recordkeeping

$2,925

MERRILL LYNCH PIERCE FENNER & SMITH5+ years

Filed as: MERRILL LYNCH, PIERCE, FENNER AND S

Service code 15 · EIN 13-5674085

Recordkeeping

$975

HAWLEY TROXELL1 year

Filed as: HAWLEY TROXWELL ENNIS & HAWLEY

Service code 17 · EIN 82-0259668

Pension Consulting

$235

NORTH PACIFIC SEAFOODS 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NORTH PACIFIC SEAFOODS 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion