Plan Ledger DOL Form 5500 · updated monthly

Bollinger Mississippi Shipbuilding, LLC401(k)

BOLLINGER MISSISSIPPI SHIPBUILDING LLC 401(K) PROFIT SHARING PLAN · PASCAGOULA, MS · plan year 2022

Reported admin expense ratio · 2022
0.18%

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

Bollinger Mississippi Shipbuilding, LLC reported $41,736 in plan administrative expenses for 2022: 0.18% of average plan assets, below the peer median. Employer contributions averaged $1,367 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.

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 84th-largest of 367 plans among Mississippi employers on file, and the 5,359th of 13,661 in manufacturing. In 2022, employees put in $2.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,426,685
Participants with balances819
Active participants874
Employer contributions$1,194,840
Employee contributions$2,706,941
Employer contribution per active participant$1,367
Average account balance$28,604
Benefits paid to participants$1,983,442
Plan auditUnmodified (clean) audit opinion
AuditorPOSTLETHWAITE & NETTERVILLE
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$23.4M · 819 accts · $1.2M emplr
Administrative expenses, itemized · 2022
Professional / advisory$41,736
Total administrative$41,736
The Bollinger Mississippi Shipbuilding, LLC 401(k) match · 2022
Employer contribution per active participant$1,367
Median for plans this size$2,266

Bollinger Mississippi Shipbuilding, LLC's 2022 employer contribution ran below the $2,266 median for plans its size. 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 history2
2023Not separately reported
2022$41,736 · 0.18%
Similar plansManufacturing · Mississippi
Heritage Plastics, Inc. MS$36.7M · 0.27%
United States Marine, Inc MS$35.8M · 0.04%
Hol-Mac Corporation MS$30.1M · 0.44%
Summit Plastics, Inc. MS$19.1M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113647751 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.