Laborde Marine Management, L.L.C.

63
Form 5500 Data

Overview

Plan Rating

BrightScope Rating
63
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (28)
Average in Peer Group (65)
Highest in Peer Group (92)

Plan Description

Laborde Marine Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 63. Laborde Marine Retirement Plan currently has over 100 active participants and over $6.6M in plan assets.

Did you know?

For the average 401k participant, the 29 point difference between this plan's BrightScope Rating (63) and the top rated plan (92) could equate to:
17
Additional years of work
139,362
Lost 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. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2016
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 601 Poydras St. Suite 1725
  • Location
    New Orleans , LA
  • 70130
  • Industry
    Transportation and Warehousing
  • Administrator
    Jennifer Mcgovern
  • Net Plan Assets
    $6,550,000
  • Total Participants
    150
  • Avg Account Balance
    $56,000

Plan Components

Component Ratings

Design

Total Plan Cost:
High Fees
Company Generosity:
Poor

Performance

Participation Rate:
Average
Salary Deferrals:
Average
Account Balance:
Average

Design

Total Plan Cost:
Average Fees
Company Generosity:
Below Avg.

Performance

Participation Rate:
Average
Salary Deferrals:
Above Average
Account Balance:
Great

Peer Group Plans

Company Rating
Intermarine, LLC 80.3
Coastal Transportation 73.4
Mobro Marine 71.1
Key Lakes 65.8
Port Imperial Ferry 59.1
L & M Botruc Rental 55.3
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Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

31

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
T. Rowe Price Retirement 44%
24%
Principal Large Cap S&P 500 Index 13%
60%
Participant Loans 8%
N/A
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Investment Adviser
Morgan Keegan & Company, Inc.
Recordkeeper
Fidelity
Auditor
Ericksen, Krentel & Laporte, LLP

Articles and Questions

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