Retirement plan

BSNC SUBSIDIARIES RETIREMENT PLAN AND TRUST

Name: BERING STRAITS NATIVE CORPORATION - BSNC SUBSIDIARIES RETIREMENT PLAN AND TRUST (2015) Form 5500
Creator: BERING STRAITS NATIVE CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BSNC SUBSIDIARIES RETIREMENT PLAN AND TRUST, BERING STRAITS NATIVE CORPORATION

BERING STRAITS NATIVE CORPORATIONEIN 92-0042240Plan #003PY 2015

4600 DEBARR ROAD, SUITE 200 - ANCHORAGE, AK 99508907-344-7121beringstraits.comLinkedIn1001-5000 employeesgovernment relations

Other plans on this EIN

1 filing

#001Retirement-$10.3M assets

Prospect flagsFailed to transmit contributions

Top hat statement on fileNQDC

Filed December 17, 2024 (most recent of 2 filings on file)

Plan administrator

Plan administrator name— Sign in and upgrade to view

3301 C Street, Suite 400

Anchorage, AK 99503

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Plans declared (1)

Bering Straits Native Corporation Nonqualified Deferred Compensation Plan For Directors15 emp

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Total assets (EOY)

$11.5M

No prior year

Total participants

1,363

No prior year

Average account balance

$9,908

No prior year

Annual return

2.11%

No prior year

Benchmarks

See 563 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants250-999

Cohort563 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

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

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.77M

Not enough data

1 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

-93.77%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

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Service providers

Top 1 by compensation

Provider	Service type	Compensation
UBS FINANCIAL SERVICES INC1+ years Service code 99 · EIN 13-2638166	Other Fees	$21,423

Plan features & details

Pension benefit codes3H2E2F2G2J2K3D

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

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$7K

$10 / participant

Contract admin$7K100.0%

% of EOY assets

0.062%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: RSM US LLP
Auditor EIN: 420714325
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$9,908

$27,330-63.7%

$67,704-85.4%

$55,191-82.0%

Participation rate

71.4%

47.5%+23.8pp

67.5%+3.8pp

69.2%+2.2pp

Annual return

2.11%

8.81%-6.7pp

25.41%-23.3pp

10.78%-8.7pp

Employer contribution / active EE

$1,824

$855+113.3%

$2,559-28.8%

$1,899-4.0%

Participant deferral / active EE

$2,046

$1,709+19.7%

$3,585-42.9%

$3,046-32.9%

Admin fee / account holder

$109-94.4%

$4,255-99.9%

$91-93.3%

Provider

Service type

Compensation

UBS FINANCIAL SERVICES INC1+ years

Service code 99 · EIN 13-2638166

Other Fees

$21,423

BSNC SUBSIDIARIES RETIREMENT PLAN AND TRUST

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BSNC SUBSIDIARIES RETIREMENT PLAN AND TRUST

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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