Retirement plan

BURNING SHIPS DEVELOPMENT GROUP, INC. RETIREMENT PLAN

Name: BURNING SHIPS DEVELOPMENT GROUP, INC. - BURNING SHIPS DEVELOPMENT GROUP, INC. RETIREMENT PLAN (2023) Form 5500
Creator: BURNING SHIPS DEVELOPMENT GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BURNING SHIPS DEVELOPMENT GROUP, INC. RETIREMENT PLAN, BURNING SHIPS DEVELOPMENT GROUP, INC.

BURNING SHIPS DEVELOPMENT GROUP, INC.EIN 83-3620975Plan #001PY 2023

5158 RIVERSTONE DRIVE - SOUTH LEBANON, OH 45065513-262-2524

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$21K

+17.8% from 2022

Total participants

0.0% from 2022

Average account balance

$20,997

+17.8% from 2022

Annual return

17.78%

+40.89 pp from 2022

Benchmarks

See 1,330 peers

Peer group

Industry55 - Management of Companies and Enterprises

Plan typeDefined contribution

Participants<25

Cohort1,330 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$25K

Not enough data

1 years with asset history on file

Average account balance

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

$25K

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

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+16.86%

Not enough data

1 years with return on file

Admin fee / account holder

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

$229

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 codes2E2G2R3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

1 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$187

$187 / participant

Other / not subdivided$187100.0%

% of EOY assets

0.891%

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

$20,997

$154,467-86.4%

$130,270-83.9%

$139,487-84.9%

Participation rate

100.0%

79.9%+20.1pp

76.3%+23.7pp

80.3%+19.7pp

Annual return

17.78%

30.58%-12.8pp

38.89%-21.1pp

373.84%-356.1pp

Employer contribution / active EE

$5,175-100.0%

$4,128-100.0%

$4,755-100.0%

Participant deferral / active EE

$8,497-100.0%

$6,797-100.0%

$6,713-100.0%

Admin fee / account holder

$187

$9,222-98.0%

$6,022-96.9%

$11,407-98.4%

BURNING SHIPS DEVELOPMENT GROUP, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BURNING SHIPS DEVELOPMENT GROUP, INC. RETIREMENT 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