Plan Ledger DOL Form 5500 · updated monthly

Thoma-Sea Marine Constructors401(k)

THOMA-SEA MARINE CONSTRUCTORS 401(K) PLAN · HOUMA, LA · plan year 2022

Reported admin expense ratio · 2022
2.20%

Thoma-Sea Marine Constructors reported $23,970 in plan administrative expenses for 2022: 2.20% 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 (818th of 884), and 2,312th of 2,677 in transportation & warehousing.

Plan summary
Net assets, end of year$970,863
Participants with balances70
Active participants208
Employer contributions—
Employee contributions$212,353
Employer contribution per active participant—
Average account balance$13,869
Benefits paid to participants$264,326
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$23,970
Total administrative$23,970
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 history1
2022$23,970 · 2.20%
Same employer
Similar plansTransportation & Warehousing · Louisiana
Magnolia Fleet LLC LA$3.3M · 1.33%
Tms Environmental, LLC LA$877K · 1.15%
Kent Materials LA$487K · 1.00%
Rec Marine Logistics, LLC LA$196K · 0.13%
Brady Logistics LLC LA$121K · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271835637 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.