Plan5500

Edison Chouest Offshore Retirement Plan — Form 5500 plan (Galliano Marine Service, L.L.C.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Edison Chouest Offshore Retirement Plan is a benefit plan reported by Galliano Marine Service, L.L.C. under EIN 72-0722768 and plan number 001. The latest loaded filing year is 2023. The filing reports 4,784 participants and $325,758,029 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$325.8MPlan net assets, end of year$325,758,029
Participants4.8KCovered participants reported4,784
Assets / participant$68.1KComputed: assets ÷ participants$68,093 (computed)
Provider compensation$183.8K4 Schedule C provider row(s)$183,787
Plan sponsor
Galliano Marine Service, L.L.C.
EIN
72-0722768
Plan number
001
Plan type
2
Location
Cut Off, LA
Latest filing year
2023
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    4,784 participants · 2Sch HSch C
    View filing →
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$325.8M total assets
Net assets$325.8MLiabilities$0
Money in vs. money out
Total income / additions$82.8M
Total expenses$24.8M
Benefits paid / distributions$24.6M
Contributions
Employer$9.5M
Participant$23.9M
Full reported line items

Net assets

Total assets (EOY)
$325,758,029
Total liabilities (EOY)
$0
Net assets (EOY)
$325,758,029
Net assets (BOY)
$267,738,552

Income & contributions

Employer contributions
$9,485,111
Participant contributions
$23,918,491
Total contributions
$33,839,201
Total income / additions
$82,794,697

Expenses & distributions

Benefits paid
$24,588,591
Administrative expenses
$186,629
Total expenses
$24,775,220
Net increase / (decrease)
$58,019,477
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 28%Participant 72%
Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income30%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    Oneamerica Retirement Services LLC$136.8K
    RECORDKEEPER · Direct $136.8K · Indirect $0
  2. 2
    Regions Bank$47K
    NONE · Direct $47K
  3. 3
    Matrix Trust Company$0
    DIRECTED TRUSTEE · Direct $0 · Indirect $0
  4. 4
    Mscs Fs Div Of Broadridge Bpo, LLC$0
    DIRECTED TRUSTEE · Direct $0 · Indirect $0

Related Form 5500 pages