Retirement plan

SAN FRANCISCO BAR PILOTS MARINE EMPLOYEES RETIREMENT SAVINGS PLAN

Name: SAN FRANCISCO BAR PILOTS - SAN FRANCISCO BAR PILOTS MARINE EMPLOYEES RETIREMENT SAVINGS PLAN (2024) Form 5500
Creator: SAN FRANCISCO BAR PILOTS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SAN FRANCISCO BAR PILOTS MARINE EMPLOYEES RETIREMENT SAVINGS PLAN, SAN FRANCISCO BAR PILOTS

SAN FRANCISCO BAR PILOTSEIN 94-0834740Plan #005PY 2024

PIER 9 EAST END - SAN FRANCISCO, CA 94111415-393-0452sfbarpilots.comLinkedIn51-200 employeesmaritime

Other plans on this EIN

2 filings

#001Retirement-$64.8M assets #002Retirement-$7.0M assets

Prospect flagsLow returnsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$12.9M

+13.8% from 2023

Total participants

+9.5% from 2023

Average account balance

$286,295

+1.1% from 2023

Annual return

8.37%

-3.70 pp from 2023

Benchmarks

See 4,589 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants25-99

Cohort4,589 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.88M

Not enough data

1 years with asset history on file

Average account balance

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

$286K

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.

166.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$804K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$30K

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

+8.37%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4892

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 codes2E2F2G2J2T3D

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.
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.

Opportunity flags

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$220K

$8153 / participant

Other / not subdivided$220K100.0%

% of EOY assets

1.709%

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

$286,295

$55,889+412.3%

$76,119+276.1%

$80,935+253.7%

Participation rate

96.3%

62.1%+34.2pp

69.1%+27.2pp

67.7%+28.6pp

Annual return

8.37%

20.58%-12.2pp

361.25%-352.9pp

35.66%-27.3pp

Employer contribution / active EE

$17,737

$1,866+850.5%

$2,693+558.7%

$2,757+543.4%

Participant deferral / active EE

$12,028

$3,051+294.2%

$4,259+182.4%

$4,299+179.8%

Admin fee / account holder

$4,892

$5,241-6.7%

$6,421-23.8%

$6,924-29.3%

SAN FRANCISCO BAR PILOTS MARINE EMPLOYEES RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SAN FRANCISCO BAR PILOTS MARINE EMPLOYEES RETIREMENT SAVINGS 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