Retirement Plan For Employees Of The Bsa,Inc. — Form 5500 plan (Boston Shipping Association, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Retirement Plan For Employees Of The Bsa,Inc. is a benefit plan reported by Boston Shipping Association, Inc. under EIN 04-2034907 and plan number 001. The latest loaded filing year is 2023. The filing reports 9 participants and $1,123,634 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$1.1MPlan net assets, end of year$1,123,634
Participants9Covered participants reported
Assets / participant$124.8KComputed: assets ÷ participants$124,848 (computed)
Provider compensationNone reported
Plan sponsor
Boston Shipping Association, Inc.
EIN
04-2034907
Plan number
001
Plan type
2
Location
Charlestown, MA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20239I20250714091941NAL0000849665001
Schedule I · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$1.1M total assets
Net assets$1.1MLiabilities
Money in vs. money out
Total income / additions$158K
Total expenses$74.8K
Benefits paid / distributions$74.6K
Contributions
Employer$41.2K
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$1,123,634
Net assets (EOY)
$1,123,634
Net assets (BOY)
$1,040,370

Income & contributions

Employer contributions
$41,187
Total income / additions
$158,047

Expenses & distributions

Benefits paid
$74,643
Administrative expenses
$140
Total expenses
$74,783
Net increase / (decrease)
$83,264
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income47%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages