Retirement plan

BOW STREET MARKET CASH BALANCE PLAN

Name: BOW STREET MARKET, INC. - BOW STREET MARKET CASH BALANCE PLAN (2023) Form 5500
Creator: BOW STREET MARKET, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BOW STREET MARKET CASH BALANCE PLAN, BOW STREET MARKET, INC.

BOW STREET MARKET, INC.EIN 01-0397708Plan #002PY 2023

79 BOW STREET - FREEPORT, ME 04032207-865-6631bowstreetmarket.comLinkedIn51-200 employeesretail

Other plans on this EIN

1 filing

#001Retirement-$6.1M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$1.7M

+38.1% from 2022

Total participants

+15.4% from 2022

Average account balance

No prior year

Annual return

8.70%

+14.74 pp from 2022

Benchmarks

See 109 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined benefit

Participants25-99

Cohort109 peers

Snapshot2023

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$2.76M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$35K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$366K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+7.54%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

See the 5-year trajectory. $4.99 for your first month.

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Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Enrolled actuary

1 attachment

See 1 actuary disclosure. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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Plan features & details

Pension benefit codes1C3D

Plan features

1C
Cash balance or similar plan
A cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$15K

$225 / participant

Other / not subdivided$15K100.0%

% of EOY assets

0.854%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$23,320-100.0%

$202,297-100.0%

$282,865-100.0%

Participation rate

0.0%

66.7%-66.7pp

52.5%-52.5pp

12.4%-12.4pp

Annual return

8.70%

9.79%-1.1pp

14.21%-5.5pp

9.89%-1.2pp

Employer contribution / active EE

$5,677

$8,252-31.2%

$29,446-80.7%

$14,313-60.3%

Participant deferral / active EE

$125-100.0%

$62-100.0%

Admin fee / account holder

$135-100.0%

$7,524-100.0%

$9,084-100.0%

BOW STREET MARKET CASH BALANCE PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BOW STREET MARKET CASH BALANCE PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion