Plan Ledger DOL Form 5500 · updated monthly

Aries Marine Corporation401(k)

ARIES MARINE CORPORATION 401(K) PLAN · LAFAYETTE, LA · plan year 2022

Reported admin expense ratio · 2022
0.26%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Aries Marine Corporation reported $27,289 in plan administrative expenses for 2022: 0.26% of average plan assets, below the peer median. Employer contributions averaged $0 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio rose from 0.26% to 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is the 435th-largest of 884 plans among Louisiana employers on file, and 8,817th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$9,926,650
Participants with balances126
Active participants88
Employer contributions$0
Employee contributions$249,508
Employer contribution per active participant$0
Average account balance$78,783
Benefits paid to participants$215,136
Plan auditUnmodified (clean) audit opinion
AuditorWEGMANN DAZET & COMPANY
Plan history4
Yearassets · accounts · employer contribution
2025$8.6M · 55 accts · $40K emplr
2024$9.6M · 115 accts
2023$9.8M · 116 accts
2022$9.9M · 126 accts
Administrative expenses, itemized · 2022
Investment management$27,289
Total administrative$27,289
The Aries Marine Corporation 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$2,266

Aries Marine Corporation's 2022 employer contribution ran below the $2,266 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history4
2025$25,671 · 0.28%
2024$24,683 · 0.25%
2023$25,943 · 0.26%
2022$27,289 · 0.26%
Same employer
Similar plansManufacturing · Louisiana
Brask, Inc. LA$13.7M · 0.39%
Gravois Aluminum Boats, LLC LA$11.2M · 0.06%
Westport, L.L.C. LA$11.0M · 0.10%
Michael Reilly Design LLC LA$9.5M · 0.05%
Cembell Industries, Inc. LA$8.9M · 1.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721258490 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.