Plans » Benchmarking Engine
Benchmarking Kings Seafood Company, LLC 401(K) Profit Sharing Plan in Costa Mesa, CA against
good (1)
neutral (5)
Kings Seafood Company, LLC 401(K) Profit Sharing Plan in Costa Mesa, CA has the 9th-highest net income ($2,193,623) of the 48 California plans whose economic sector is Accommodation and Food Services. Those $2,193,623 compare to an average of $729,844 across the 48 plans.
But it's still under the median of $2,852,916 and average of $3,479,059 across all 2,466 plans that, like it, are in California.
Note: net income = total income - total expenses
Kings Seafood Company, LLC 401(K) Profit Sharing Plan has these standings among those 48 plans:
But it's still under the median of $2,852,916 and average of $3,479,059 across all 2,466 plans that, like it, are in California.
Note: net income = total income - total expenses
Kings Seafood Company, LLC 401(K) Profit Sharing Plan has these standings among those 48 plans:
- net income = $2,193,623 (9th-highest)
- total income = $3,453,865 (18th-highest)
- total expenses = $1,260,242 (13th-lowest)
- whose economic sector is. The economic sector is the first two digits from the six-digit NAICS business code, Line 2d in Form 5500, which best describes the nature of the plan sponsor’s business, from the available list. If more than one employer or employee organization is involved, filers are asked to enter the business code for the main business activity of the employer and/or employee organizations. Except where noted, all data come from the 25-Mar-2022 updates to the year-2020 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- net income. Higher values are better. Net income, Line 2k from Schedule H, equals total income (Line 2d) minus total expenses (Line 2j), all from Schedule H. Except where noted, all data come from the 25-Mar-2022 updates to the year-2020 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- in state. Except where noted, all data come from the 25-Mar-2022 updates to the year-2020 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
Kings Seafood Company, LLC 401(K) Profit Sharing Plan in Costa Mesa, CA is in Costa Mesa, CA, is in the Western states, its EIN is 204627825, its industry group is Restaurants and Other Eating Places, a profit-sharing plan, covered by a fidelity bond, an ERISA section 404(c) plan, self-administered by the plan sponsor, provides for automatic enrollment, is a single-employer plan, has total assets of $10M to $50M, has 1,000 to 4,999 total participants, is worse than the overall participant averages in each of net income per active participant, average account balance, active-participant contributions per head, and employer contributions per active participant (4 total), and is higher than the overall administrative medians in each of contract administrator fees, investment advisory and management fees, total administrative expenses, and total administrative expense ratio.
Global References
Numeric values:
- total assets ($14.00M)
- net assets (assets minus liabilities) ($14.00M)
- value of interest in registered investment companies (e.g., mutual funds) ($12.80M)
- total income ($3,453,865)
- net income ($2,193,623)
- total expenses ($1,260,242)
- total contributions ($1,230,123)
- cash contributions from participants ($1,184,326)
- value of funds held in insurance company general account (unallocated contracts) ($852,361)
- participant loans ($412,637)
- total administrative expenses ($75,333)
- investment advisory and management fees ($57,333)
- cash contributions from employers ($40,485)
- contract administrator fees ($18,000)
- average account balance ($11,745)
- net income per active participant ($2,424)
- average participant cash contribution per active participant ($1,309)
- total administrative expense per participant ($63.20)
- receivables participant contributions ($50)
- average employer cash contribution per active participant ($44.70)
- total noninterest-bearing cash ($0)
- receivables employer contributions ($0)
- other receivables (not employer nor participant contributions) ($0)
- interest-bearing cash (e.g., money market accounts, certificates of deposit) ($0)
- U.S. government securities ($0.0K)
- corporate debt instruments (preferred & other than employer securities) ($0)
- corporate debt instruments (below preferred & other than employer securities) ($0)
- corporate preferred stocks (other than employer securities) ($0)
- corporate common stocks (other than employer securities) ($0)
- partnership/joint venture interests ($0)
- real estate (other than employer real property) ($0)
- loans (other than to participants) ($0)
- value of interest in common/collective trusts ($0)
- value of interest in pooled separate accounts ($0)
- value of interest in master trust investment accounts ($0.0K)
- value of interest in 103-12 investment entities ($0)
- other general investments ($0)
- employer-related securities investments ($0)
- employer-related real-property investments ($0)
- buildings and other property used in plan operation ($0)
- total liabilities ($0)
- professional fees ($0)
- other administrative expenses ($0)
- percentage of active participants at the end of the plan year (75.9%)
- diversity of asset types (11.3%)
- participant loans as a percentage of plan assets (2.95%)
- total administrative expense ratio (0.540%)
- employer securities as a percentage of plan assets (0.00%)
- active participants at the end of the plan year (905)
- deceased participants whose beneficiaries receive or are entitled to benefits (0)
- living participants (1,192)
- other retired or separated participants entitled to future benefits (287)
- retired or separated participants receiving benefits (0)
- total participants (1,192)
Global References