Retirement plan

THE PILOTS' ASSOCIATION FOR THE BAY & RIVER DELAWARE 401(K) AND PROFIT SHARING PLAN

Name: THE PILOTS ASSOCIATION FOR THE BAY AND RIVER DELAWARE - THE PILOTS' ASSOCIATION FOR THE BAY & RIVER DELAWARE 401(K) AND PROFIT SHARING PLAN (2024) Form 5500
Creator: THE PILOTS ASSOCIATION FOR THE BAY AND RIVER DELAWARE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE PILOTS' ASSOCIATION FOR THE BAY & RIVER DELAWARE 401(K) AND PROFIT SHARING PLAN, THE PILOTS ASSOCIATION FOR THE BAY AND RIVER DELAWARE

THE PILOTS ASSOCIATION FOR THE BAY AND RIVER DELAWAREEIN 23-0977160Plan #002PY 2024

800 SOUTH COLUMBUS BLVD - PHILADELPHIA, PA 19147215-465-2851delpilots.orgLinkedIn51-200 employeesmaritime

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$105.1M

+16.5% from 2023

Total participants

120

+0.8% from 2023

Average account balance

$890,258

+15.5% from 2023

Annual return

12.72%

-1.87 pp from 2023

Benchmarks

See 1,225 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants100-249

Cohort1,225 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$105.05M

Not enough data

1 years with asset history on file

Average account balance

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

$890K

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.

118

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.

98.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.87M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$37K

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

+12.72%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6083

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 codes2E2F2G2J2R2T3B3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$718K

$6837 / participant

Other / not subdivided$718K100.0%

% of EOY assets

0.683%

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

$890,258

$54,690+1527.8%

$76,030+1070.9%

$74,478+1095.3%

Participation rate

98.1%

60.3%+37.8pp

69.1%+29.0pp

67.2%+30.9pp

Annual return

12.72%

31.92%-19.2pp

361.54%-348.8pp

1370.56%-1357.8pp

Employer contribution / active EE

$25,004

$1,781+1303.8%

$2,688+830.4%

$2,626+852.1%

Participant deferral / active EE

$11,859

$3,070+286.2%

$4,257+178.6%

$4,350+172.6%

Admin fee / account holder

$6,083

$2,240+171.6%

$6,421-5.3%

$1,946+212.6%

THE PILOTS' ASSOCIATION FOR THE BAY & RIVER DELAWARE 401(K) AND PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE PILOTS' ASSOCIATION FOR THE BAY & RIVER DELAWARE 401(K) 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