2023 Form 5500 filing — Bsa-Ila Retirement Account Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20250714084927NAL0000572131001) for Bsa-Ila Retirement Account Plan, reported by Boston Shipping Association, Inc. under EIN 04-2034907 and plan number 002. It reports 388 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250714084927NAL0000572131001
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Boston Shipping Association, Inc.
- EIN
- 04-2034907
- Plan number
- 002
- Location
- Charlestown, MA
- Participants
- 388
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $52,824,883
- Total liabilities (EOY)
- $59,219
- Net assets (EOY)
- $52,765,664
- Employer contributions
- $2,028,768
- Total income / additions
- $13,608,991
- Benefits paid
- $3,108,734
- Administrative expenses
- $110,238
- Total expenses
- $3,218,972
- Net increase / (decrease)
- $10,390,019
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investment Instl Operation | RECORDKEEPER | $40,056 | not reported in the loaded dataset |
| Global Retirement Partners LLC | ADVISOR | $25,000 | not reported in the loaded dataset |
| Walter & Shuffain, P.C. | AUDITOR | $24,500 | not reported in the loaded dataset |
| Chubb Inc Holdings Inc | NONE | $11,858 | not reported in the loaded dataset |
| Boston Shipping Assoc. | CONTRACT ADMINISTRATOR | $5,836 | not reported in the loaded dataset |