Department of Labor filing

FINCANTIERI MARINE GROUP LLC

FINCANTIERI MARINE GROUP 401(K) RETIREMENT PLAN · For the plan year ended Dec 31, 2024

Public filing 2024 · received Jul 24, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

71filing comparison
out of 100

The filing looks somewhat better than typical peers on the measures we can compare. This is a filing comparison, not a complete benefits score.

$Employer support

$4,348

Reported employer contributions per active participant.

Higher than about 88% of comparable plans

#People in the filing

942

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$132 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 33% of comparable plans

↗Investment performance

Not available

Plan assets changed 12.3%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202471out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions88th percentileTypical peer $1,796 · based on 253 comparable plans

Lower reported administrative expense33rd percentileTypical peer $101 · based on 255 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, FINCANTIERI MARINE GROUP LLC reported $4,095,375 in employer contributions across the plan and 942 active participants. That works out to $4,348 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy71%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 15.8%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendDown 7.8%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context71/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $4,095,375
Participant contributions: $6,007,052
Other contributions: $775,110
Employer share of reported contributions: 40.5%
Beginning assets: $85,246,294
Ending assets: $95,728,797
Ending net assets: $95,728,797
Ending liabilities: Not reported
Total income: $21,612,805
Total expenses: $11,302,260
Administrative expenses: $175,614
Participant loans: $1,524,544

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$3,755

2023

$3,750

2024

$4,348

Plan-paid administrative expenses per participant

2022

$143

2023

$127

2024

$132

Active participants

2022

957

2023

970

2024

942

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$4,348	942	95.7M	20250724143915NAL0002608483001
2023	$3,750	970	85.2M	20240717152908NAL0007682864004
2022	$3,755	957	73.7M	20231009070504NAL0026222769001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 1.6%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 391947771-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jan 1, 2009
Industry: Industry group 336
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2R2S2T3D3F3H

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

Provider	Plan year	Direct compensation	Indirect compensation
ASSOCIATED TRUST COMPANY, N.A.	2024	Not reported	unknown

Other plans from this sponsor

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Current plan terms

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Filing ACK_ID20250724143915NAL0002608483001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗