Retirement plan

BSA LIFESTRUCTURES, INC. 401(K) PLAN

Name: BSA LIFESTRUCTURES, INC. - BSA LIFESTRUCTURES, INC. 401(K) PLAN (2024) Form 5500
Creator: BSA LIFESTRUCTURES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BSA LIFESTRUCTURES, INC. 401(K) PLAN, BSA LIFESTRUCTURES, INC.

BSA LIFESTRUCTURES, INC.EIN 35-1323170Plan #001PY 2024

175 S. RANGELINE ROAD, SUITE 200 - CARMEL, IN 46032317-819-2153

Other plans on this EIN

1 filing

#002Retirement-$51.8M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$50.2M

+10.6% from 2023

Total participants

328

-3.8% from 2023

Average account balance

$154,365

+15.4% from 2023

Annual return

14.95%

-6.76 pp from 2023

Benchmarks

See 6,285 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort6,285 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$50.17M

Not enough data

1 years with asset history on file

Average account balance

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

$154K

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.

325

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.

98.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.49M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+14.95%

Not enough data

1 years with return on file

Admin fee / account holder

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

$389

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 2 by compensation

Provider	Service type	Compensation
INDIE ASSET PARTNERS9 years Service code 22 · EIN 27-2281973	Insurance Broker	$89,310
THE VANGUARD GROUP, INC.9 years Service code 15 · EIN 23-1945930	Recordkeeping	$37,387

Plan features & details

Pension benefit codes2E2F2K2S2T3D3H

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).
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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
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

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

$126K

$572 / participant

Other / not subdivided$126K100.0%

% of EOY assets

0.252%

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: CBIZ CPAS
Auditor EIN: 431947695
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$154,365

$101,591+51.9%

$147,096+4.9%

$74,429+107.4%

Participation rate

98.6%

75.5%+23.1pp

82.2%+16.5pp

67.2%+31.4pp

Annual return

14.95%

8746.45%-8731.5pp

419.75%-404.8pp

1368.38%-1353.4pp

Employer contribution / active EE

$3,524

$3,813-7.6%

$4,936-28.6%

$2,625+34.3%

Participant deferral / active EE

$12,272

$7,302+68.1%

$8,071+52.1%

$4,348+182.2%

Admin fee / account holder

$389

$1,750-77.8%

$13,005-97.0%

$1,944-80.0%

Provider

Service type

Compensation

INDIE ASSET PARTNERS9 years

Service code 22 · EIN 27-2281973

Insurance Broker

$89,310

THE VANGUARD GROUP, INC.9 years

Service code 15 · EIN 23-1945930

Recordkeeping

$37,387

BSA LIFESTRUCTURES, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BSA LIFESTRUCTURES, INC. 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