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Company:
Offshore Energy Services, Inc.
Plan:
Offshore Energy Services, Inc. 401k Profit Sharing Plan
 

Offshore Energy Services, Inc.

56 Plan: Offshore Energy Services, Inc. 401k Profit Sharing Plan

 
 
56
27
72
91
0
10
20
30
40
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60
70
80
90
100
For the average 401k participant, the 35 point difference between this plan's BrightScope Rating (56) and the top rated plan (91) could equate to:
[How is this calculated?]
20 additional years of work
Up to $204,700 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

Offshore Energy Services, Inc. 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 56. This plan is in the top 35% of plans for Investment Menu Quality and Salary Deferral. Offshore Energy Services, Inc. 401k Profit Sharing Plan currently has over 600 active participants and over $9.2M in plan assets.


 Investment Menu Statistics

No. of Investment Options
21
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Voya Fixed Account 14%
2. Fidelity Contrafund 8%
3. Voya Solution 2045 7%

 Retirement Plan Details

Address 5900 Us Highway 90 E
Broussard, LA 70518 
Industry Mining, Quarrying, and Oil and Gas Extraction
Administrator Karla Norris
Net Plan Assets $9,180,000
Total Participants 680
Avg Account Balance $29,000

 Compare Other Companies in Peer Group

Cactus Drilling Company, LLC 72.0
Dart Energy 66.1
Calfrac Well Services 64.5
Noble Drilling 54.9
Bronco Drilling Company 53.4
Baker Hughes 28.8

  Plan Service Providers

Insurance Carrier Voya Financial (ING)
Insurance Advisor/Broker Morgan Keegan & Company, Inc.
Administration Retirement Strategies Group, LLC (New Orleans)
Recordkeeper Retirement Strategies Group, LLC (New Orleans)
Auditor Thibodaux Hebert Deshotel Leblanc