Overview

Plan Rating

BrightScope Rating
75
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (41)
Average in Peer Group (69)
Highest in Peer Group (91)

Plan Description

Offshore Group 401k Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 75. This plan is in the top 15% of plans for Participation Rate, Salary Deferral, and Total Plan Cost. Offshore Group 401k Savings Plan currently has over 100 active participants and over $7.7M in plan assets.

Did you know?

For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (75) and the top rated plan (91) could equate to:
11
Additional years of work
149,109
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 3/12/2015
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 115 Menard Road
  • Location
    Houma , LA
  • 70363
  • Industry
    Transportation and Warehousing
  • Administrator
    Kenneth Bourgeois
  • Net Plan Assets
    $7,720,000
  • Total Participants
    120
  • Avg Account Balance
    $76,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Above Average

Performance

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

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Great

Performance

Participation Rate:
Great
Salary Deferrals:
Great
Account Balance:
Great
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Investments

Investment Menu Stats

# of Investment Options

17

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Invesco Stable Value Fund 31%
N/A
American Funds Capital World Growth and Income 17%
38%
American Funds AMCAP 10%
33%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Recordkeeper
American Funds (Capital Group)
Auditor
Bourgeois Bennett LLC