Department of Labor filing

KINGS SEAFOOD COMPANY, LLC

KINGS SEAFOOD COMPANY, LLC 401(K) PROFIT SHARING PLAN · For the plan year ended Dec 31, 2024

Public filing 2024 · received Oct 13, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

29filing comparison
out of 100

The filing trails many comparable plans on reported employer support and/or plan-paid administrative costs. This is a filing comparison, not a complete benefits score.

$Employer support

$166

Reported employer contributions per active participant.

Higher than about 37% of comparable plans

#People in the filing

1,490

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$119 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 11% of comparable plans

↗Investment performance

Not available

Plan assets changed 20.3%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202429out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions37th percentileTypical peer $244 · based on 201 comparable plans

Lower reported administrative expense11th percentileTypical peer $43 · based on 226 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, KINGS SEAFOOD COMPANY, LLC reported $247,898 in employer contributions across the plan and 1,490 active participants. That works out to $166 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy82%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendDown 17.0%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 71.1%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context29/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $247,898
Participant contributions: $2,816,095
Other contributions: $38,935
Employer share of reported contributions: 8.1%
Beginning assets: $18,473,737
Ending assets: $22,215,699
Ending net assets: $22,215,699
Ending liabilities: $0
Total income: $6,040,251
Total expenses: $2,298,192
Administrative expenses: $192,130
Participant loans: $469,751

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$200

2023

$203

2024

$166

Plan-paid administrative expenses per participant

2022

$69

2023

$81

2024

$119

Active participants

2022

953

2023

1,132

2024

1,490

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$166	1,490	22.2M	20251013145743NAL0003370258001
2023	$203	1,132	18.5M	20241011113136NAL0021766193001
2022	$200	953	14.4M	20231014140323NAL0070628386001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 2.1%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 204627825-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jan 1, 1999
Industry: Accommodation and food services
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2K2S2T3D

Current plan terms

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Filing ACK_ID20251013145743NAL0003370258001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗