Retirement plan

SAN FRANCISCO BAR PILOTS RETIREMENT PLAN

Name: SAN FRANCISCO BAR PILOTS - SAN FRANCISCO BAR PILOTS RETIREMENT PLAN (2023) Form 5500
Creator: SAN FRANCISCO BAR PILOTS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SAN FRANCISCO BAR PILOTS RETIREMENT PLAN, SAN FRANCISCO BAR PILOTS

SAN FRANCISCO BAR PILOTSEIN 94-0834740Plan #001PY 2023

PIER 9 EAST END - SAN FRANCISCO, CA 94111415-362-5436sfbarpilots.comLinkedIn51-200 employeesmaritime

Other plans on this EIN

2 filings

#005Retirement-$11.3M assets #002Retirement-$6.4M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$61.7M

+11.5% from 2022

Total participants

-3.4% from 2022

Average account balance

$752,450

+15.6% from 2022

Annual return

14.65%

+27.66 pp from 2022

Benchmarks

See 4,603 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants25-99

Cohort4,603 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$64.84M

Not enough data

1 years with asset history on file

Average account balance

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

$831K

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.

121.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.32M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$52K

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

+11.96%

Not enough data

1 years with return on file

Admin fee / account holder

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

$97810

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 codes2E2F2G2J2R2T3B

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.

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

$4.7M

$80295 / participant

Other / not subdivided$5M100.0%

% of EOY assets

7.678%

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

$752,450

$51,202+1369.6%

$70,548+966.6%

$75,181+900.9%

Participation rate

96.6%

61.0%+35.7pp

68.3%+28.3pp

67.2%+29.4pp

Annual return

14.65%

30.05%-15.4pp

32.78%-18.1pp

160.69%-146.0pp

Employer contribution / active EE

$32,765

$1,827+1693.7%

$2,975+1001.4%

$2,671+1126.9%

Participant deferral / active EE

$16,588

$2,850+482.1%

$4,567+263.2%

$4,126+302.1%

Admin fee / account holder

$57,773

$4,094+1311.2%

$6,424+799.4%

$5,650+922.6%

SAN FRANCISCO BAR PILOTS RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SAN FRANCISCO BAR PILOTS 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