Industry · Form 5500 business code 311710
Seafood Product Preparation & Packaging: retirement plans
Plans whose sponsor entered this principal business activity code on Form 5500.
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. The business code is chosen by the filer from the list in the Form 5500 instructions.
For plan year 2024, 40 retirement plans in seafood product preparation & packaging with 100 or more participants filed Form 5500: 34 defined contribution and 6 defined benefit. They reported 26,960 participant records and $1.43B in net assets, counting every plan on the form.
The median defined contribution plan held $43,237 per participant, below the national median of $53,031, and its employer put in $1,664 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $126 per participant against $123 nationally.
Employers contributed $36.3M and participants $79.2M during the year, and the plans paid out $165M in benefits.
In 2009 the same group numbered 41 plans with $508M; by 2024 it was 40 plans (down 2%) and $1.43B (up 181%). From plan year 2023 the 100-participant line counts participants with account balances, which moved many plans to the short form.
Medians compared with all US plans
| Median plan, plan year 2024 | Industry: DC | US: DC | Industry: DB | US: DB |
|---|---|---|---|---|
| Net assets per participant | $43,237 | $53,031 | $40,533 | $86,234 |
| Employer contributions per active participant | $1,664 | $2,174 | $2,069 | $10,244 |
| Schedule C compensation per participant | $126 | $123 | $245 | $344 |
| Schedule C compensation, share of net assets | 0.27% | 0.26% | 0.61% | 0.42% |
| Administrative expenses per participant | $118 | $116 | $374 | $527 |
Medians across plans with 100 or more participants (34 DC and 6 DB plans with a Schedule H here). Fee medians cover plans reporting an amount. DC: defined contribution, such as 401(k) and 403(b). DB: defined benefit pension.
Distribution of DC plans
| Measure | 25th percentile | Median | 75th percentile | Plans |
|---|---|---|---|---|
| Net assets per participant | $34,126 | $43,237 | $71,116 | 34 |
| Employer contributions per active participant | $968 | $1,664 | $2,593 | 34 |
| Schedule C compensation per participant | $90.67 | $126 | $204 | 33 |
| Administrative expenses per participant | $43.89 | $118 | $167 | 33 |
Trend by plan year
| Plan year | Plans 100+ | Participants | Net assets | Employer contributions | Participant contributions | Median DC assets / participant | Median DC Sch. C / participant |
|---|---|---|---|---|---|---|---|
| 2024 | 40 | 26,960 | $1.43B | $36.3M | $79.2M | $43,237 | $126 |
| 2023 | 40 | 25,589 | $1.27B | $34.5M | $72.3M | $38,152 | $108 |
| 2022 | 51 | 27,892 | $1.15B | $36.2M | $69.1M | $31,937 | $85.70 |
| 2021 | 51 | 27,928 | $1.38B | $31.5M | $63.7M | $35,183 | $120 |
| 2020 | 47 | 25,008 | $1.30B | $29.2M | $58.7M | $35,308 | $116 |
| 2019 | 43 | 25,630 | $1.12B | $32.5M | $51.8M | $33,305 | $95.74 |
| 2018 | 42 | 21,680 | $1.00B | $30.7M | $48.6M | $33,804 | $72.60 |
| 2017 | 41 | 23,314 | $1.04B | $36.7M | $44.2M | $42,652 | $64.48 |
| 2016 | 40 | 23,561 | $914M | $29.4M | $42.7M | $28,146 | $51.82 |
| 2015 | 41 | 26,436 | $852M | $28.3M | $40.4M | $25,207 | $48.72 |
| 2014 | 42 | 27,106 | $854M | $24.6M | $37.2M | $33,997 | $36.02 |
| 2013 | 40 | 26,238 | $800M | $24.2M | $34.0M | $30,849 | $24.08 |
| 2012 | 37 | 25,498 | $677M | $26.2M | $31.8M | $23,393 | $23.22 |
| 2011 | 41 | 25,316 | $617M | $26.4M | $32.0M | $21,149 | $35.34 |
| 2010 | 41 | 27,465 | $595M | $23.5M | $29.2M | $21,668 | $19.64 |
| 2009 | 41 | 23,697 | $508M | $19.0M | $25.7M | $21,263 | $29.44 |
Plan year is the year in which the plan year began. The drop in large plans from 2023 follows a rule change: the 100-participant line now counts participants with account balances, so many plans moved to the short form.
Provider share
Service provider organisations named most often on the Schedule C of the 40 plans on this page's list, by number of plans. A plan usually names several providers.
Largest plans
The 40 largest by participants of 40 plans with a page on this site.
| Plan | Sponsor | State | Type | Participants | Net assets | Per participant | Employer / active | Sch. C / participant |
|---|---|---|---|---|---|---|---|---|
| Trident Seafoods Corporation 401(k) Retirement Plan | Trident Seafoods Corporation | WA | DC | 3,515 | $255M | $72,672 | $2,782 | $46.43 |
| Pacific Seafood Group 401(k) Profit Sharing Plan | Dulcich, Inc. DBA Pacific Seafood Group | OR | DC | 3,226 | $110M | $34,066 | $835 | $90.67 |
| Blount Fine Foods Corp. 401(k) and Profit Sharing Plan | Blount Fine Foods | RI | DC | 1,901 | $71.0M | $37,340 | $1,441 | $126 |
| Fortune International 401(k) Plan | Fortune International, LLC | IL | DC | 1,679 | $29.1M | $17,325 | $984 | $46.50 |
| Red Chamber Group of Companies 401(k) Plan | Red Chamber Group of Companies | CA | DC | 1,138 | $47.7M | $41,906 | $930 | $112 |
| Silver Bay Seafoods 401(k) Plan and Trust | Silver Bay Seafoods, L.L.C. | WA | DC | 1,084 | $35.3M | $32,587 | $1,584 | $35.34 |
| Westward Seafoods, Inc. 401(k) Retirement Plan | Westward Seafoods, Inc. | WA | DC | 1,041 | $46.4M | $44,568 | $1,041 | $118 |
| North Pacific Seafoods 401(k) Savings Plan | North Pacific Seafoods, Inc. | WA | DC | 974 | $33.5M | $34,390 | $2,744 | $144 |
| High Liner Foods (USA) 401(k) Savings Plan | High Liner Foods (USA), Incorporated | NH | DC | 874 | $71.7M | $82,060 | $1,795 | $127 |
| Cooke Seafoods USA 401(k) Plan | Cooke Seafoods USA | VA | DC | 841 | $65.3M | $77,654 | $1,623 | $380 |
| Bumble Bee Foods, LLC 401(k) Plan | Bumble Bee Foods, LLC | CA | DC | 722 | $70.3M | $97,366 | $2,097 | $13.58 |
| King & Prince Savings Plan | King & Prince Seafood Corporation | GA | DC | 676 | $42.2M | $62,420 | $2,588 | $237 |
| Unisea 401(k) Plan | Unisea, Inc. | WA | DC | 589 | $52.8M | $89,609 | $5,289 | $151 |
| Retirement Plan for Employees of Unisea, Inc. | Unisea, Inc. | WA | DB | 511 | $26.6M | $52,080 | $0 | $94.27 |
| Acme Smoked Fish Corp. 401(k) Profit Sharing Plan | Acme Smoked Fish Corp. | NY | DC | 493 | $22.1M | $44,833 | $2,717 | $290 |
| Raw Seafoods Retirement Plan | Raw Sea Foods, Inc. DBA Raw Seafoods, Inc. | MA | DC | 479 | $12.3M | $25,760 | $1,008 | $65.98 |
| Mowi USA, LLC 401(k) Plan | Mowi USA, LLC | ME | DC | 468 | $18.8M | $40,161 | $2,173 | $131 |
| Castleberry's Food Company Retirement Plan | Bumble Bee Foods, LLC | CA | DB | 446 | $11.1M | $24,950 | — | $243 |
| Chicken of the Sea International Savings Investment Plan | Tri-Union Seafoods, LLC | CA | DC | 411 | $16.1M | $39,217 | $462 | $10.94 |
| Obi Seafoods 401(k) Plan | Obi Seafoods, LLC | WA | DC | 402 | $26.6M | $66,070 | $2,392 | $228 |
| The Heartland Catfish/tackett Farms 401(k) Plan | Heartland Catfish Company, Inc. | MS | DC | 388 | $9.3M | $23,907 | $529 | $126 |
| Ocean Fleet Services 401(k) Plan | Ocean Fleet Services, Inc. | VA | DC | 360 | $34.7M | $96,448 | $2,659 | $359 |
| E&e Foods, Inc. 401(k) Profit Sharing Plan | E&e Foods, Inc. | WA | DC | 354 | $8.2M | $23,202 | $410 | $102 |
| Savings Plan for Salaried Employees of Gorton's | Gorton's Inc. | MA | DC | 299 | $95.3M | $318,868 | $14,341 | $117 |
| Savings Plan for Union Employees of Gorton's | Gorton's Inc. | MA | DC | 297 | $11.3M | $38,135 | $0 | $98.63 |
| America's Catch Incorporated 401(k) Plan | America's Catch Incorporated | MS | DC | 271 | $4.1M | $15,029 | $549 | $211 |
| Eastern Fisheries 401(k) Plan | Eastern Fisheries, Inc. | MA | DC | 258 | $19.7M | $76,323 | $1,744 | $171 |
| Ipswich Shellfish Company, Inc. 401(k) Plan | Ipswich Shellfish Company, Inc. | MA | DC | 239 | $17.5M | $73,405 | $623 | $104 |
| Tidal Vision Products Inc. 401(k) Plan | Tidal Vision Products Inc. | WA | DC | 236 | $9.7M | $40,946 | $4,869 | $14.21 |
| Gorton's Retirement Plan | Gorton's Inc. | MA | DB | 231 | $54.4M | $235,415 | — | $710 |
| Louisiana Fish Fry Products 401(k) Plan | Louisiana Fish Fry Products, Ltd. | LA | DC | 230 | $7.9M | $34,306 | $1,098 | $222 |
| Ocean Beauty Seafoods LLC 401(k) Savings Plan | Ocean Beauty Seafoods LLC | WA | DC | 212 | $25.4M | $120,027 | $3,428 | $306 |
| Starkist Co. 401 (K) Plan | Starkist Co. | VA | DC | 211 | $24.6M | $116,397 | $2,715 | $12.09 |
| Peter Pan Seafoods, Inc. Employees Retirement Plan | PSF, Inc. | WA | DB | 206 | $14.7M | $71,344 | — | $261 |
| Channel Fish Processing Co. 401(k) Plan | Channel Fish Processing Co. Inc. | MA | DC | 205 | $5.4M | $26,389 | $1,342 | $121 |
| Country Select Catfish Pension Plan for Salaried Employees | Consolidated Catfish Companies, LLC | MS | DB | 189 | $5.5M | $28,985 | $4,583 | $246 |
| Country Select Catfish 401(k) Plan | Consolidated Catfish Companies, LLC | MS | DC | 179 | $11.9M | $66,449 | $962 | $272 |
| 3FISH, Inc. 401(k) Profit Sharing Plan | 3FISH, Inc. | NC | DC | 166 | $4.6M | $27,630 | $1,152 | $233 |
| Country Select Catfish Pension Plan for Hourly Employees | Consolidated Catfish Companies, LLC | MS | DB | 158 | $820K | $5,187 | $2,069 | $44.87 |
| Wild Type, Inc. 401(k) Plan | Wild Type, Inc. | CA | DC | 110 | $5.5M | $49,953 | $6,935 | — |
By plan size
By state
Questions and answers
How many retirement plans are there in seafood product preparation & packaging?
40 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 45 pension plans on the full form. Smaller plans file Form 5500-SF and are counted separately where shown.
What is the typical 401(k) balance in seafood product preparation & packaging?
The median defined contribution plan reported $43,237 in net assets per participant (middle half of plans: $34,126 to $71,116); nationally it was $53,031. This is a plan-level average that includes former employees, not a typical person's balance.
What do employers contribute in seafood product preparation & packaging?
The median defined contribution plan received $1,664 in employer contributions per active participant, against $2,174 nationally. Plans with no employer contribution are included at zero.
What are average 401(k) fees in seafood product preparation & packaging?
Among defined contribution plans that report any Schedule C compensation, the median was $126 per participant and 0.27% of net assets (nationally $123 and 0.26%). Schedule C leaves out fund expense ratios and fees the employer pays, so it understates total cost.
Where does this come from?
Form 5500 annual reports in the EBSA research files, with filings received through 24 Aug 2026. Medians are computed by this site across plans with 100 or more participants.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Totals count every pension plan on the full form; medians and the plan list cover plans with 100 or more participants. See the methodology.