Plan Snapshot
- Plan Sponsor: Island Operating Company, INC.
- Sponsor EIN: 721075336
- Sponsor Address: 108 ZACHARY DR, SCOTT, LA, 70583
- Plan Type: 401(k)
- Total Participants: 825
- Total Assets: $44.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 825 | $44.6M | $677,263 | $3.1M |
| 2023 | 803 | $37.2M | $763,760 | $2.7M |
| 2022 | 822 | $30.9M | $296,326 | $2.2M |
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 |
|---|---|---|---|---|
| THIBODAUX HEBERT DESHOTEL LEBLANC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $34,387 | $20,778 | — | — | — |
| 2023 | $38,154 | $25,141 | — | — | — |
| 2022 | $30,676 | $19,657 | — | — | — |