Offshore Energy Services 401(K) Profit Sharing Plan — Form 5500 plan (Offshore Energy Services, 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, Offshore Energy Services 401(K) Profit Sharing Plan is a benefit plan reported by Offshore Energy Services, LLC under EIN 72-0759483 and plan number 002. The latest loaded filing year is 2023. The filing reports 758 participants and $34,753,114 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Offshore Energy Services, LLC
EIN
72-0759483
Plan number
002
Plan type
2
Location
Broussard, LA
Latest filing year
2023
Participants
758
End-of-year plan assets
$34,753,114

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023758H, C20241008113540NAL0016538017001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$34,753,114
Total liabilities (EOY)
$4,646
Net assets (EOY)
$34,748,468
Net assets (BOY)
$28,267,111

Income & contributions

Employer contributions
$1,790,941
Participant contributions
$2,719,320
Total contributions
$4,674,960
Total income / additions
$9,459,622

Expenses & distributions

Benefits paid
$2,898,208
Administrative expenses
$80,057
Total expenses
$2,978,265
Net increase / (decrease)
$6,481,357

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Raymond James Financial ServicesSERVICE PROVIDER$62,101$02023
Retirement Strategies GroupTPA$0$13,4432023

Related Form 5500 pages