Retirement plan

BISON TRANSPORT (USA), INC. EMPLOYEES' 401(K) PLAN

Name: BISON TRANSPORT (USA), INC. - BISON TRANSPORT (USA), INC. EMPLOYEES' 401(K) PLAN (2024) Form 5500
Creator: BISON TRANSPORT (USA), INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BISON TRANSPORT (USA), INC. EMPLOYEES' 401(K) PLAN, BISON TRANSPORT (USA), INC.

BISON TRANSPORT (USA), INC.EIN 33-1220981Plan #001PY 2024

204-631-4280

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$42.6M

+79.0% from 2023

Total participants

1,180

+89.4% from 2023

Average account balance

$73,907

-11.4% from 2023

Annual return

89.97%

+76.87 pp from 2023

Benchmarks

See 265 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants1,000-4,999

Cohort265 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$41.25M

Not enough data

1 years with asset history on file

Average account balance

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

$64K

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.

640

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.

38.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.82M

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

+10.63%

Not enough data

1 years with return on file

Admin fee / account holder

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

$103

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 4 by compensation

Provider	Service type	Compensation
NATIONWIDE5+ years Service code 28 · EIN 31-4156830	Investment Management	$32,994
DEFINITI LLC2 years Filed as: DEFINITI Service code 13	Contract Administrator	$32,923
LPL FINANCIAL1 year Service code 55	Other Commissions	$18,920
LPL FINANCIAL3 years Filed as: LPL FINANCIAL, LLC Service code 55 · EIN 95-2834236	Other Commissions	$0

Plan features & details

Pension benefit codes2E2J2K2F2G3D3H

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$18K

$18 / participant

Contract admin$18K100.0%

% of EOY assets

0.043%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: KERBER ROSE SC
Auditor EIN: 391658423
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$73,907

$81,301-9.1%

$76,051-2.8%

$199,874-63.0%

Participation rate

41.2%

70.1%-28.9pp

69.1%-27.9pp

72.0%-30.8pp

Annual return

89.97%

16.31%+73.7pp

360.42%-270.4pp

34.28%+55.7pp

Employer contribution / active EE

$681

$3,352-79.7%

$2,690-74.7%

$3,036-77.6%

Participant deferral / active EE

$2,784

$4,721-41.0%

$4,257-34.6%

$5,090-45.3%

Admin fee / account holder

$31

$145-78.3%

$6,416-99.5%

$269-88.3%

Provider

Service type

Compensation

NATIONWIDE5+ years

Service code 28 · EIN 31-4156830

Investment Management

$32,994

DEFINITI LLC2 years

Filed as: DEFINITI

Service code 13

Contract Administrator

$32,923

LPL FINANCIAL1 year

Service code 55

Other Commissions

$18,920

LPL FINANCIAL3 years

Filed as: LPL FINANCIAL, LLC

Service code 55 · EIN 95-2834236

Other Commissions

BISON TRANSPORT (USA), INC. EMPLOYEES' 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BISON TRANSPORT (USA), INC. EMPLOYEES' 401(K) 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