Plan Snapshot
- Plan Sponsor: Hornbeck Offshore Services, INC.
- Sponsor EIN: 721375844
- Sponsor Address: 103 NORTHPARK BLVD., COVINGTON, LA, 70433
- Plan Type: 401(k)
- Total Participants: 1,219
- Total Assets: $150.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,219 | $150.4M | $6.6M | $13.5M |
| 2023 | 1,197 | $117.7M | $5.5M | $11.4M |
| 2022 | 1,032 | $86.9M | $2.4M | $8.0M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| LAPORTE, APAC | Auditor | $9,000 | — | $9,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LAPORTE, APAC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,000
- Estimated Expense Ratio: 0.006% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $29,203 | — | — | $9,000 | — |
| 2023 | $15,587 | — | — | — | — |
| 2022 | $12,505 | — | — | — | — |