401(k) · DOL Form 5500 · 2023

Galliano Marine Service, L.L.C. 401(k) Plan

Data updated 2026-08-11

$326M
Total assets
4,110
Participants
96th
Percentile by assets
$79,260
Avg per participant
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Official DOL plan name: Edison Chouest Offshore Retirement Plan · Sponsored by Galliano Marine Service, L.L.C. · Louisiana · Transportation & Warehousing

$326M in assets, 4,110 participants

Galliano Marine Service, L.L.C.'s Edison Chouest Offshore Retirement Plan reported $326M in total assets and 4,110 participants in its 2023 DOL Form 5500 filing, ranking in the 96th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 96th percentile by assets (of 127,072 plans)
  • #3,194 in Transportation & Warehousing (3,362 peers)

Coverage in Louisiana

Edison Chouest Offshore Retirement Plan covers 4,110 participants in Louisiana, 8.3x the typical Louisiana plan (state average ~495 per filing). Assets: $326M.

$326M
total plan assets (2023 EOY)
4,110
covered participants
96th
percentile by assets (of 127,072 plans)
$79,260
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Edison Chouest Offshore Retirement Plan reported net income rose from -$51M in the plan year 2022 filing to $58M in the plan year 2023 filing.
  • Edison Chouest Offshore Retirement Plan end-of-year assets rose from $268M in the plan year 2022 filing to $326M in the plan year 2023 filing.
  • Edison Chouest Offshore Retirement Plan reported participants rose from 3,473 in the plan year 2022 filing to 4,110 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Louisiana filers

In Louisiana, the average filing covers about 495 participants across 1,155 plans. Edison Chouest Offshore Retirement Plan reports 4,110 participants - 8.3x that state average ($326M EOY assets).

Louisiana filing particulars

Total Assets (Beginning of Year)$268M
Net Assets (End of Year)$326M
Net Income$58M
Employer EIN720722768
Plan Effective Date1990-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Galliano Marine Service, L.L.C.)

$250M$300M$350M$400M 202220232024 $268M $381M ▲ +42.0%
Total plan assets by year, all Galliano Marine Service, L.L.C. plans on file
Year Plans Participants Total Assets
2022 1 3,473 $268M
2023 1 4,110 $326M
2024 1 4,557 $381M

Nearby 401(k) Plans in Louisiana

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Edison Chouest Offshore Retirement Plan vs. nearby 401(k) plans in Louisiana, assets vs. participants

Edison Chouest Offshore Retirement Plan vs. nearby 401(k) plans in Louisiana, assets vs. participants Scatter plot of 6 data points. 010000200003000040000 -202468 Total assets ($B) Participants Edison Chouest Offsh…Lumen 401(k) Savings…Savings Plan of Ente…Ochsner Clinic Found…Louisiana Children's…Amedisys Holding, LL…
Edison Chouest Offshore Retirement Plan vs. nearby 401(k) plans in Louisiana, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Edison Chouest Offshore Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Edison Chouest Offshore Retirement Plan assets move in 2023?
Edison Chouest Offshore Retirement Plan grew sharply - up 21.4% during 2023, from $268M to $326M. Reported net income was $58M.
How have Galliano Marine Service, L.L.C. plan assets changed over time?
Across 3 plan years on file (2022-2024), Galliano Marine Service, L.L.C.'s sponsor-wide assets grew 42.0%, from $268M to $381M.
Where does Edison Chouest Offshore Retirement Plan rank by assets among Form 5500 filers?
Edison Chouest Offshore Retirement Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Edison Chouest Offshore Retirement Plan?
Among 401(k) plans in other states, the closest by assets is American Woodmark Corporation Retirement Savings Plan in VA ($326M, 7,622 participants).

Next read for Edison Chouest Offshore Retirement Plan

Filing takeaways

Ways to act on Edison Chouest Offshore Retirement Plan's numbers.