Bsa-Ila Retirement Account Plan — 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, Bsa-Ila Retirement Account Plan is a benefit plan reported by Boston Shipping Association, Inc. under EIN 04-2034907 and plan number 002. The latest loaded filing year is 2023. The filing reports 388 participants and $52,824,883 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Boston Shipping Association, Inc.
- EIN
- 04-2034907
- Plan number
- 002
- Plan type
- 1
- Location
- Charlestown, MA
- Latest filing year
- 2023
- Participants
- 388
- End-of-year plan assets
- $52,824,883
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 388 | H, C | 20250714084927NAL0000572131001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $52,824,883
- Total liabilities (EOY)
- $59,219
- Net assets (EOY)
- $52,765,664
- Net assets (BOY)
- $42,375,645
Income & contributions
- Employer contributions
- $2,028,768
- Total contributions
- $2,028,768
- Total income / additions
- $13,608,991
Expenses & distributions
- Benefits paid
- $3,108,734
- Administrative expenses
- $110,238
- Total expenses
- $3,218,972
- Net increase / (decrease)
- $10,390,019
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investment Instl Operation | RECORDKEEPER | $40,056 | not reported in the loaded dataset | 2023 |
| Global Retirement Partners LLC | ADVISOR | $25,000 | not reported in the loaded dataset | 2023 |
| Walter & Shuffain, P.C. | AUDITOR | $24,500 | not reported in the loaded dataset | 2023 |
| Chubb Inc Holdings Inc | NONE | $11,858 | not reported in the loaded dataset | 2023 |
| Boston Shipping Assoc. | CONTRACT ADMINISTRATOR | $5,836 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Boston Shipping Association, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MA
- 401(k) and benefit plan filings in Charlestown, MA
- Fidelity Investment Instl Operation — Schedule C compensation
- Global Retirement Partners LLC — Schedule C compensation
- Walter & Shuffain, P.C. — Schedule C compensation
- Chubb Inc Holdings Inc — Schedule C compensation
- Boston Shipping Assoc. — Schedule C compensation