Grand Isle Shipyard Llc 401(k) Plan: Login, Facts & Contact Information

Grand Isle Shipyard Llc 401(k) Plan Facts

Plan name
GIS, LLC COMPENSATION DEFERRAL PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
GRAND ISLE SHIPYARD, LLC
Participants
2,963 (3,537 active employees)
Former employees with a balance
1,064
Plan assets
$86,274,634 at Dec 31, 2024
Average account balance
$32,349 across 2,667 accounts
Employer contributions
$3,646,381 in plan year 2024 (24% of all contributions)
Recordkeeper
Oneamerica Retirement Services Llc
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Oct 1, 2017
✓ 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 Oct 15, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $15.5 million went into the plan in contributions, $3.65 million of it from the employer (24%).
  • $8.16 million was paid out to participants.
  • Investment and other income added $9.72 million.
  • Administrative expenses were $102,640, about $38 per account.

How the Grand Isle Shipyard Llc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,869$43.9 million$0$3.10 million
20201,434$46.6 million$0$8.28 million
20211,515$55.0 million$0$4.39 million
20222,425$53.3 million$2.79 million$4.96 million
20232,930$69.3 million$3.16 million$6.22 million
20242,963$86.3 million$3.65 million$8.16 million

Grand Isle Shipyard Llc 401(k) Contact Information

Phone
985-475-1040
Mailing address
18838 HWY 3235, GALLIANO LA 70354
Plan sponsor
GRAND ISLE SHIPYARD, LLC
Employer identification number (EIN)
72-0393251
Plan number
001

Questions about the Grand Isle Shipyard Llc 401(k)

Does Grand Isle Shipyard Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $3.65 million, 24% of all contributions.

Does the Grand Isle Shipyard Llc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Grand Isle Shipyard Llc 401(k) plan?

2,963 participants at the start of plan year 2024, 3,537 of them active employees, and 1,064 former employees who still had money in the plan.

What is the average 401(k) balance at Grand Isle Shipyard Llc?

About $32,349 per account: $86.3 million in plan assets across 2,667 accounts with a balance at the end of plan year 2024.

Who manages the Grand Isle Shipyard Llc 401(k) accounts?

OneAmerica Financial (listed on the filing as ONEAMERICA RETIREMENT SERVICES LLC) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Grand Isle Shipyard Llc. How do I access my 401(k)?

Your account stays with OneAmerica Financial 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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