Retirement plan

BSC COMPANIES, INC. SAVINGS AND PROFIT SHARING PLAN

Name: BSC COMPANIES, INC - BSC COMPANIES, INC. SAVINGS AND PROFIT SHARING PLAN (2020) Form 5500
Creator: BSC COMPANIES, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BSC COMPANIES, INC. SAVINGS AND PROFIT SHARING PLAN, BSC COMPANIES, INC

BSC COMPANIES, INCEIN 04-2399903Plan #003PY 2020

803 SUMMER STREET - BOSTON, MA 02127617-896-4300LinkedIn51-200 employeescivil engineering

Other plans on this EIN

2 filings

#001Retirement-$2.2M assets #002Retirement-$3K assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$27M

+18.3% from 2019

Total participants

205

+3.5% from 2019

Average account balance

$135,152

+13.6% from 2019

Annual return

22.13%

-1.06 pp from 2019

Benchmarks

See 5,591 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,591 peers

Snapshot2020

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$34.89M

Not enough data

1 years with asset history on file

Average account balance

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

$143K

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.

244

Not enough data

1 years with headcount on file

Eligible Participants and Participation

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

85.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.07M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+23.95%

Not enough data

1 years with return on file

Admin fee / account holder

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

$63

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

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

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.

Plan features & details

Pension benefit codes2E2G2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$11K

$85 / participant

Other / not subdivided$11K100.0%

% of EOY assets

0.042%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: JESSON, OSLIN & ASSOCIATES, LLP
Auditor EIN: 043442418
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$135,152

$99,957+35.2%

$149,730-9.7%

$73,493+83.9%

Participation rate

96.2%

75.7%+20.5pp

82.5%+13.8pp

70.7%+25.6pp

Annual return

22.13%

53.87%-31.7pp

276.70%-254.6pp

28.51%-6.4pp

Employer contribution / active EE

$2,689

$3,191-15.7%

$4,645-42.1%

$2,270+18.4%

Participant deferral / active EE

$9,567

$6,073+57.5%

$6,843+39.8%

$3,740+155.8%

Admin fee / account holder

$56

$551-89.8%

$9,310-99.4%

$513-89.0%

BSC COMPANIES, INC. SAVINGS AND PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BSC COMPANIES, INC. SAVINGS AND PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

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