What are the fees in the Bordelon Marine Holding, LLC 401(k) plan?

For plan year 2022, Bordelon Marine Holding, LLC reported $16,583 in plan administrative expenses, or 1.28% of average plan assets — higher than ~90% of peers. Fund-level expense ratios are not included in public filings.

What is the average account balance in the Bordelon Marine Holding, LLC 401(k)?

The average participant account balance was $22,364 for plan year 2022, based on 60 accounts.

Bordelon Marine Holding, LLC401(k)

Name: Bordelon Marine Holding, LLC 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

BORDELON MARINE HOLDING, LLC 401(K) PROFIT SHARING PLAN · LOCKPORT, LA · plan year 2022

Reported admin expense ratio · 2022

1.28%

Bordelon Marine Holding, LLC reported $16,583 in plan administrative expenses for 2022: 1.28% of average plan assets, higher than ~90% of peers. 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Louisiana (796th of 884), and 2,241st of 2,677 in transportation & warehousing.

Plan summary
Net assets, end of year$1,341,834
Participants with balances60
Active participants115
Employer contributions—
Employee contributions$315,901
Employer contribution per active participant—
Average account balance$22,364
Benefits paid to participants$113,874
Plan auditUnmodified (clean) audit opinion
AuditorLAPORTE, APAC

Administrative expenses, itemized · 2022

Recordkeeping & contract admin$10,881

Investment management$2,851

Professional / advisory$2,851

Total administrative$16,583

What these fees cost you

Your balance

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 history1

2022$16,583 · 1.28%

Similar plansTransportation & Warehousing · Louisiana
Brown Eagle Group, Inc. LA$3.4M · 1.10%
Quality Energy Services, Inc. LA$3.4M · 0.18%
Magnolia Fleet LLC LA$3.3M · 1.33%
Brown-Eagle Contractors, Inc. LA$3.2M · 0.79%
Thoma-Sea Marine Constructors LA$971K · 2.20%
Tms Environmental, LLC LA$877K · 1.15%
Kent Materials LA$487K · 1.00%
Rec Marine Logistics, LLC LA$196K · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720883257 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.