Blessey Marine Services, Inc. 401(k) Plan: Login, Facts & Contact Information

Blessey Marine Services, Inc. 401(k) Plan Facts

Plan name
BLESSEY MARINE SERVICES, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
BLESSEY MARINE SERVICES, INC.
Participants
708 (675 active employees)
Former employees with a balance
53
Plan assets
$65,857,780 at Dec 31, 2024
Average account balance
$118,237 across 557 accounts
Employer contributions
$1,782,856 in plan year 2024 (33% of all contributions)
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1995
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 29, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $5.37 million went into the plan in contributions, $1.78 million of it from the employer (33%).
  • $5.92 million was paid out to participants.
  • Investment and other income added $7.48 million.
  • Administrative expenses were $44,175, about $79 per account.

How the Blessey Marine Services, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019781$51.3 million$1.37 million$2.79 million
2020791$59.9 million$1.71 million$4.08 million
2021779$63.6 million—$5.79 million
2022634$52.4 million$1.13 million$5.60 million
2023654$59.1 million$1.56 million$5.74 million
2024708$65.9 million$1.78 million$5.92 million

Blessey Marine Services, Inc. 401(k) Contact Information

Phone
504-734-1156
Mailing address
1515 RIVER OAKS RD. EAST, HARAHAN LA 70123
Plan sponsor
BLESSEY MARINE SERVICES, INC.
Employer identification number (EIN)
72-1208683
Plan number
001

Questions about the Blessey Marine Services, Inc. 401(k)

Does Blessey Marine Services, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.78 million, 33% of all contributions.

Does the Blessey Marine Services, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Blessey Marine Services, Inc 401(k) plan?

708 participants at the start of plan year 2024, 675 of them active employees, and 53 former employees who still had money in the plan.

What is the average 401(k) balance at Blessey Marine Services, Inc?

About $118,237 per account: $65.9 million in plan assets across 557 accounts with a balance at the end of plan year 2024.

Who manages the Blessey Marine Services, Inc 401(k) accounts?

Principal is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Blessey Marine Services, Inc. How do I access my 401(k)?

Your account stays with Principal after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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