Retirement plan

BSC COMPANIES, INC. SAVINGS AND PROFIT SHARING PLAN

Name: BSC COMPANIES, INC - BSC COMPANIES, INC. SAVINGS AND PROFIT SHARING PLAN (2022) 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 2022

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

Other plans on this EIN

1 filing

#001Retirement-$1.6M assets

Prospect flagsHigh retiree %Low returns

How to read this page

Total assets (EOY)

$23.4M

-23.3% from 2021

Total participants

236

+10.8% from 2021

Average account balance

$105,500

-28.8% from 2021

Annual return

-20.97%

-38.14 pp from 2021

Benchmarks

See 5,988 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,988 peers

Snapshot2022

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

Top 1 by compensation

Provider	Service type	Compensation
STRATEGIC ADVISORS, INC.6 years Filed as: STRATEGIC ADVISORS INC Service code 27 · EIN 04-2654524 82 DEVONSHIRE STREET · BOSTON, MA 02109	Advisory (Plan)	$10,792

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

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$16K

$98 / participant

Other / not subdivided$16K100.0%

% of EOY assets

0.067%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$105,500

$84,482+24.9%

$125,363-15.8%

$66,930+57.6%

Participation rate

91.2%

76.4%+14.8pp

82.4%+8.8pp

69.8%+21.4pp

Annual return

-20.97%

-8.49%-12.5pp

572.15%-593.1pp

1.57%-22.5pp

Employer contribution / active EE

$2,428

$3,553-31.7%

$4,815-49.6%

$2,545-4.6%

Participant deferral / active EE

$10,589

$6,782+56.1%

$7,447+42.2%

$4,238+149.9%

Admin fee / account holder

$70

$685-89.7%

$10,005-99.3%

$593-88.1%

Provider

Service type

Compensation

STRATEGIC ADVISORS, INC.6 years

Filed as: STRATEGIC ADVISORS INC

Service code 27 · EIN 04-2654524

82 DEVONSHIRE STREET · BOSTON, MA 02109

Advisory (Plan)

$10,792

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