Seacor Marine 401(K) Plan — Form 5500 plan (Seacor Marine Payroll Management LLC)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Seacor Marine 401(K) Plan is a benefit plan reported by Seacor Marine Payroll Management LLC under EIN 30-0886670 and plan number 001. The latest loaded filing year is 2023. The filing reports 420 participants and $51,215,141 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Seacor Marine Payroll Management LLC
EIN
30-0886670
Plan number
001
Plan type
2
Location
Morgan City, LA
Latest filing year
2023
Participants
420
End-of-year plan assets
$51,215,141

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023420H, C20241009113846NAL0031044784001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$51,215,141
Total liabilities (EOY)
$0
Net assets (EOY)
$51,215,141
Net assets (BOY)
$48,572,649

Income & contributions

Employer contributions
$1,311,875
Participant contributions
$2,895,272
Total contributions
$4,846,872
Total income / additions
$11,555,730

Expenses & distributions

Benefits paid
$8,868,098
Administrative expenses
$44,263
Total expenses
$8,913,238
Net increase / (decrease)
$2,642,492

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$44,252$02023

Related Form 5500 pages