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RYAN MARINE SERVICES PLAN AND TRUST 401k Plan overview

Plan NameRYAN MARINE SERVICES PLAN AND TRUST
Plan identification number 001

RYAN MARINE SERVICES PLAN AND TRUST Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

RYAN MARINE SERVICES, INC. has sponsored the creation of one or more 401k plans.

Company Name:RYAN MARINE SERVICES, INC.
Employer identification number (EIN):742049038
NAIC Classification:483000
NAIC Description: Water Transportation

Form 5500 Filing Information

Submission information for form 5500 for 401k plan RYAN MARINE SERVICES PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01DONNA CHAFIN2024-09-09
0012022-01-01DONNA CHAFIN2023-06-05 DONNA CHAFIN2023-06-05
0012021-01-01DONNA CHAFIN2022-07-29
0012020-01-01DONNA CHAFIN2021-06-23
0012019-01-01DONNA CHAFIN2020-09-02 DONNA CHAFIN2020-09-02
0012018-01-01DONNA CHAFIN2019-07-02
0012017-01-01RALPH MCDERMOTT2018-06-01
0012016-01-01RALPH MCDERMOTT2017-05-22
0012013-01-01RALPH MCDERMOTT2014-05-13
0012012-01-01RALPH MCDERMOTT2013-06-07
0012011-01-01RALPH MCDERMOTT2012-06-07
0012010-01-01RALPH MCDERMOTT2011-04-13
0012009-01-01RALPH MCDERMOTT RICHARD R RYAN JR2010-09-28
0012009-01-01RALPH MCDERMOTT RICHARD R RYAN JR2010-09-28

Plan Statistics for RYAN MARINE SERVICES PLAN AND TRUST

401k plan membership statisitcs for RYAN MARINE SERVICES PLAN AND TRUST

Measure Date Value
2025: RYAN MARINE SERVICES PLAN AND TRUST 2025 401k membership
Total number of particpants at beginning of year2025-09-2555
Total number of particpants at end of year2025-09-2550
Number of Participants With Account Balances2025-09-2516
2024: RYAN MARINE SERVICES PLAN AND TRUST 2024 401k membership
Total number of particpants at beginning of year2024-09-0956
Total number of particpants at end of year2024-09-0955
Number of Participants With Account Balances2024-09-0919
2022: RYAN MARINE SERVICES PLAN AND TRUST 2022 401k membership
Total number of particpants at beginning of year2022-07-2954
Total number of particpants at end of year2022-07-2954
Number of Participants With Account Balances2022-07-2916
2009: RYAN MARINE SERVICES PLAN AND TRUST 2009 401k membership
Total participants, beginning-of-year2009-01-01131
Total number of active participants reported on line 7a of the Form 55002009-01-0171
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0116
Total of all active and inactive participants2009-01-0187
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-015
Total participants2009-01-0192
Number of participants with account balances2009-01-0160
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-014

Financial Data on RYAN MARINE SERVICES PLAN AND TRUST

Measure Date Value
2025 : RYAN MARINE SERVICES PLAN AND TRUST 2025 401k financial data
Total liabilities as of the beginning of the plan year2025-09-250
Total expenses incurred by plan in this plan year2025-09-2563833
Net assets as of the end of the plan year2025-09-25591384
Total assets as of the beginning of the plan year2025-09-25513622
Value of plan covered by a fidelity bond2025-09-25200000
Participant contributions to plan in this plan year2025-09-2546171
Other income to plan in this plan year2025-09-2577820
Plan net income in this plan year2025-09-2577762
Net assets as of the end of the plan year2025-09-25591384
Net assets as of the beginning of the plan year2025-09-25513622
Employer contributions to plan in this plan year2025-09-2517604
Expensese paid to adminstrative service provicers from plan in this plan year2025-09-257611
2024 : RYAN MARINE SERVICES PLAN AND TRUST 2024 401k financial data
Total liabilities as of the beginning of the plan year2024-09-090
Total expenses incurred by plan in this plan year2024-09-0940722
Net assets as of the end of the plan year2024-09-09513622
Total assets as of the beginning of the plan year2024-09-09407676
Value of plan covered by a fidelity bond2024-09-09200000
Participant contributions to plan in this plan year2024-09-0945970
Other income to plan in this plan year2024-09-0979638
Plan net income in this plan year2024-09-09105946
Net assets as of the end of the plan year2024-09-09513622
Net assets as of the beginning of the plan year2024-09-09407676
Employer contributions to plan in this plan year2024-09-0921060
Expensese paid to adminstrative service provicers from plan in this plan year2024-09-096456
2022 : RYAN MARINE SERVICES PLAN AND TRUST 2022 401k financial data
Total liabilities as of the beginning of the plan year2022-07-290
Total expenses incurred by plan in this plan year2022-07-297355
Net assets as of the end of the plan year2022-07-29727151
Total assets as of the beginning of the plan year2022-07-29601118
Value of plan covered by a fidelity bond2022-07-29200000
Participant contributions to plan in this plan year2022-07-2932051
Other income to plan in this plan year2022-07-2988938
Plan net income in this plan year2022-07-29126033
Net assets as of the end of the plan year2022-07-29727151
Net assets as of the beginning of the plan year2022-07-29601118
Employer contributions to plan in this plan year2022-07-2912399
Expensese paid to adminstrative service provicers from plan in this plan year2022-07-297355
2009 : RYAN MARINE SERVICES PLAN AND TRUST 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for RYAN MARINE SERVICES PLAN AND TRUST

2009: RYAN MARINE SERVICES PLAN AND TRUST 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes

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