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Company:
Gulf Island Fabrication, Inc.
Plan:
Gulf Island Fabrication, Inc. Qualified Retirement Plan
 

Gulf Island Fabrication, Inc.

61 Plan: Gulf Island Fabrication, Inc. Qualified Retirement Plan

 
 
61
32
66
88
0
10
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60
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100
For the average 401k participant, the 27 point difference between this plan's BrightScope Rating (61) and the top rated plan (88) could equate to:
[How is this calculated?]
14 additional years of work
Up to $164,100 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

Gulf Island Fabrication, Inc. Qualified Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 61. This plan is in the top 35% of plans for Total Plan Cost. Gulf Island Fabrication, Inc. Qualified Retirement Plan currently has over 1,800 active participants and over $52.3M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
24
Plan Average: 24
Top 3 Funds in this 401k
1. Fidelity Freedom 2020 15%
2. Fidelity Retirement Government Money Market 15%
3. Fidelity Freedom 2030 11%

 Retirement Plan Details

Address P.O. Box 310
Houma, LA 70361 
Industry Manufacturing
Administrator Kirk Meche
Net Plan Assets $52,300,000
Total Participants 1,800
Avg Account Balance $33,000

 Compare Other Companies in Peer Group

Sturm, Ruger & Company 70.3
Dril-Quip 69.1
Doncasters 67.8
Metaldyne, LLC 61.1
The GSI Group, LLC 59.5
Orscheln Management Co. 58.4

  Plan Service Provider

Auditor Postlethwaite & Netterville

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