Retirement plan

ADERANS USA SAVINGS & RETIREMENT PLAN

Name: BOSLEY, INC. - ADERANS USA SAVINGS & RETIREMENT PLAN (2023) Form 5500
Creator: BOSLEY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ADERANS USA SAVINGS & RETIREMENT PLAN, BOSLEY, INC.

BOSLEY, INC.EIN 95-4233663Plan #002PY 2023

9100 WILSHIRE BLVD EAST, EAST TOWER PENTHOUSE - BEVERLY HILLS, CA 90212310-288-4440bosley.comLinkedIn501-1000 employeeshospital & health care

Prospect flagsLow returnsLow participationLow employer contribution

Top hat statement on fileNQDC

Filed June 7, 2013

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$69M

+16.5% from 2022

Total participants

2,193

+18.0% from 2022

Average account balance

$39,249

+16.1% from 2022

Annual return

15.91%

+31.88 pp from 2022

Benchmarks

See 928 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort928 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$71.95M

Not enough data

1 years with asset history on file

Average account balance

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

$45K

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.

1,608

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.

94.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$6.40M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+9.38%

Not enough data

1 years with return on file

Admin fee / account holder

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

$209

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

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Service providers

Top 6 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$92,358
PASADENA PRIVATE WEALTH LLC4 years Service code 27 2 N LAKE AVE STE 520 · PASADENA, CA 91011	Advisory (Plan)	$90,664
FIDUCIARY INVESTMENT ADVISORS4 years Filed as: FIDUCIARY OUTSOURCING LLC Service code 13 2225 WEST WHISPERING WIND DRIVE, ST · PHOENIX, AZ 85085	Contract Administrator	$57,405
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$49,631
FARBER HASS HURLEY LLP9+ years Service code 10 9301 OAKDALE AVE STE 230 · CHATSWORTH, CA 91311	Accounting	$24,400
TRUCKER HUSS6 years Service code 29 ONE EMBARCADERO CENTER 12TH FLOOR · SAN FRANCISCO, CA 941113628	Legal	$13,911

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D3H

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.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$328K

$256 / participant

Recordkeeping$50K15.1%
Investment mgmt$183K55.7%
Legal$14K4.2%
Contract admin$57K17.5%
Other / not subdivided$24K7.4%

% of EOY assets

0.476%

all-in expense ratio

Categories reported

4 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: FARBER HASS & HURLEY, LLP
Auditor EIN: 204207759
Audit fees: $24,400
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$39,249

$107,415-63.5%

$135,982-71.1%

$80,169-51.0%

Participation rate

66.1%

78.0%-11.9pp

81.9%-15.8pp

72.9%-6.8pp

Annual return

15.91%

91.99%-76.1pp

68.32%-52.4pp

40.39%-24.5pp

Employer contribution / active EE

$822

$3,878-78.8%

$4,859-83.1%

$2,978-72.4%

Participant deferral / active EE

$4,540

$8,189-44.6%

$7,760-41.5%

$5,016-9.5%

Admin fee / account holder

$187

$127+47.1%

$10,767-98.3%

$145+28.9%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ADVISORY GROUP, LLC

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$92,358

PASADENA PRIVATE WEALTH LLC4 years

Service code 27

2 N LAKE AVE STE 520 · PASADENA, CA 91011

Advisory (Plan)

$90,664

FIDUCIARY INVESTMENT ADVISORS4 years

Filed as: FIDUCIARY OUTSOURCING LLC

Service code 13

2225 WEST WHISPERING WIND DRIVE, ST · PHOENIX, AZ 85085

Contract Administrator

$57,405

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ANNUITY INSURANCE COMPANY O

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$49,631

FARBER HASS HURLEY LLP9+ years

Service code 10

9301 OAKDALE AVE STE 230 · CHATSWORTH, CA 91311

Accounting

$24,400

TRUCKER HUSS6 years

Service code 29

ONE EMBARCADERO CENTER 12TH FLOOR · SAN FRANCISCO, CA 941113628

Legal

$13,911

ADERANS USA SAVINGS & RETIREMENT PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ADERANS USA SAVINGS & RETIREMENT PLAN

Top hat statement on fileNQDC

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