Plan Ledger DOL Form 5500 · updated monthly

Blake International Rigs, LLC401(k)

BLAKE INTERNATIONAL RIGS 401K PLAN · HOUMA, LA · plan year 2022

Reported admin expense ratio · 2022
0.62%

Blake International Rigs, LLC reported $41,257 in plan administrative expenses for 2022: 0.62% of average plan assets, above the peer median. 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 1 year on file its reported administrative ratio rose from 0.62% to 0.77%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Louisiana (571st of 884), and 10,722nd of 13,661 in manufacturing.

Plan summary
Net assets, end of year$5,925,631
Participants with balances124
Active participants37
Employer contributions—
Employee contributions$190,216
Employer contribution per active participant—
Average account balance$47,787
Benefits paid to participants$447,653
Plan auditUnmodified (clean) audit opinion
AuditorMARTIN AND PELLEGRIN
Plan history2
Yearassets · accounts · employer contribution
2023$4.8M · 56 accts
2022$5.9M · 124 accts
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$41,257
Total administrative$41,257
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 history2
2023$41,265 · 0.77%
2022$41,257 · 0.62%
Similar plansManufacturing · Louisiana
Moran Printing, Inc. LA$7.1M · 0.13%
Tony's Seafood, LTD LA$6.9M · 0.09%
Elevating Boats, LLC LA$5.8M · 0.02%
Daybrook Fisheries, Inc. LA$5.6M · 0.60%
M.A. Patout & Son, LTD. LA$5.3M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453727926 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.