Blessey Marine Services, Inc. 401(K) Plan — Form 5500 plan (Blessey Marine Services, Inc.)

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, Blessey Marine Services, Inc. 401(K) Plan is a benefit plan reported by Blessey Marine Services, Inc. under EIN 72-1208683 and plan number 001. The latest loaded filing year is 2023. The filing reports 654 participants and $59,079,591 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Blessey Marine Services, Inc.
EIN
72-1208683
Plan number
001
Plan type
2
Location
Harahan, LA
Latest filing year
2023
Participants
654
End-of-year plan assets
$59,079,591

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023654H, C20240918145730NAL0006477872001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$59,079,591
Total liabilities (EOY)
$0
Net assets (EOY)
$59,079,591
Net assets (BOY)
$52,358,626

Income & contributions

Employer contributions
$1,560,796
Participant contributions
$3,068,652
Total contributions
$4,759,791
Total income / additions
$12,641,660

Expenses & distributions

Benefits paid
$5,741,349
Administrative expenses
$44,590
Total expenses
$5,920,695
Net increase / (decrease)
$6,720,965

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Retirement Strategies Group, LLCTPA$0$26,1552023
Bourgeois Bennett LLCSERVICE PROVIDER$18,000$02023
MorningstarSERVICE PROVIDER$0$8,7522023
Smartpath, IncSERVICE PROVIDER$5,440$02023

Related Form 5500 pages