Gravois Aluminum Boats, LLC401(k)
GRAVOIS ALUMINUM BOATS, LLC 401K PROFIT SHARING PLAN · JEANERETTE, LA · plan year 2023
Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works
Gravois Aluminum Boats, LLC reported $6,500 in plan administrative expenses for 2023: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,165 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 2 years on file its reported administrative ratio rose from 0.05% to 0.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 400th-largest of 884 plans among Louisiana employers on file, and 8,279th of 13,661 in manufacturing. In 2023, employees put in $1.39 for every $1.00 the employer contributed.
Gravois Aluminum Boats, LLC's 2023 employer contribution ran below the $2,440 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 721308785 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.