Retirement plan

BASA CORPORATION 401(K) PROFIT SHARING PLAN AND TRUST

Name: BASA CORPORATION - BASA CORPORATION 401(K) PROFIT SHARING PLAN AND TRUST (2020) Form 5500
Creator: BASA CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BASA CORPORATION 401(K) PROFIT SHARING PLAN AND TRUST, BASA CORPORATION

BASA CORPORATIONdba STAR WINES & LIQUORSEIN 22-3238727Plan #001PY 2020

ROUTE 17M, K MART PLAZA - MONROE, NY 10950845-782-5460

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.9M

+21.1% from 2019

Total participants

-23.8% from 2019

Average account balance

$125,252

+29.1% from 2019

Annual return

13.35%

-6.12 pp from 2019

Benchmarks

See 18,875 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort18,875 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.18M

Not enough data

1 years with asset history on file

Average account balance

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

$107K

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

1 years with headcount on file

Eligible Participants and Participation

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

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$13K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+9.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$129237

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

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 codes2J2E

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$10K

$1111 / participant

Other / not subdivided$10K100.0%

% of EOY assets

0.532%

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: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$125,252

$112,915+10.9%

$90,965+37.7%

$158,950-21.2%

Participation rate

88.9%

74.7%+14.2pp

69.0%+19.9pp

82.0%+6.9pp

Annual return

13.35%

215.75%-202.4pp

134.57%-121.2pp

302.91%-289.6pp

Employer contribution / active EE

$11,691

$2,894+304.0%

$2,122+450.9%

$4,762+145.5%

Participant deferral / active EE

$2,711

$4,128-34.3%

$3,373-19.6%

$5,983-54.7%

Admin fee / account holder

$667

$8,044-91.7%

$5,960-88.8%

$11,248-94.1%

BASA CORPORATION 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BASA CORPORATION 401(K) PROFIT SHARING PLAN AND TRUST

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