401(k) · DOL Form 5500 · 2023

Boston Shipping Association, Inc. 401(k) Plan

Data updated 2026-08-25

$53M
Total assets Below avg plan size
379
Participants Below avg headcount
86th
Percentile by assets National rank
$139,380
Avg per participant Near avg balance/head
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Official DOL plan name: Bsa-Ila Retirement Account Plan · Sponsored by Boston Shipping Association, Inc. · Massachusetts · Transportation & Warehousing

$53M in assets, 379 participants

Boston Shipping Association, Inc.'s Bsa-Ila Retirement Account Plan reported $53M in total assets and 379 participants in its 2023 DOL Form 5500 filing, ranking in the 86th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #2,825 in Transportation & Warehousing (3,362 peers)

Where Bsa-Ila Retirement Account Plan sits by assets

Bsa-Ila Retirement Account Plan sits in the top quartile of all filed plans by assets, $53M for 379 participants (~$139,380/participant), up 24.7% in 2023.

#2,825
in Transportation & Warehousing (3,362 peers)
+24.7%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Bsa-Ila Retirement Account Plan's outsized position by total assets

Bsa-Ila Retirement Account Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$52,824,883 Top 14% higher than 86% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Bsa-Ila Retirement Account Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bsa-Ila Retirement Account Plan sits mid-pack in the medium band (379 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Bsa-Ila Retirement Account Plan reported net income rose from $7M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Bsa-Ila Retirement Account Plan end-of-year assets rose from $42M in the plan year 2022 filing to $53M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 042034907 · Boston Shipping Association, Inc. PY 2023 · 401(k)

Bsa-Ila Retirement Account Plan · $53M · 379 · 86th

  • PCT $53M
  • EIN 379
  • RANK 86th
  • PHOTO 401(k)
  • IND near S Company, LLC Section 401(k) Profit Sharing Plan
  • EOY ind #2825

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Transportation & Warehousing retirement plans → · Plans in Massachusetts →

Bsa-Ila Retirement Account Plan in the asset neighbourhood

S Company, LLC Section 401(k) Profit Sharing PlanS Company, LLC Section 401(k…$53MRedwood Trust, Inc. 401(k) Profit Sharing PlanRedwood Trust, Inc. 401(k) P…$53MBsa-Ila Retirement Account PlanBsa-Ila Retirement Account P…$53MCenturion Industries, Inc. 401(k) PlanCenturion Industries, Inc. 4…$53MFlexsys America Retirement PlanFlexsys America Retirement P…$53M
End-of-year total assets ($M) among Bsa-Ila Retirement Account Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$42M
Net Assets (End of Year)$53M
Net Income$10M
Employer EIN042034907
Plan Effective Date1993-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Boston Shipping Association, Inc.)

Sponsor-wide plan assets over time

All Boston Shipping Association, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$174M 299.9438548194716% vs 2022
2024 filing year
$0M$50M$100M$150M$200M 202220232024 $43.4M $174M ▲ +299.9%
Year Plans Participants Total Assets
2022 2 380 $43M
2023 3 627 $162M
2024 3 657 $174M

Nearby 401(k) Plans in Massachusetts

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Bsa-Ila Retirement Account Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Bsa-Ila Retirement Account Plan, Total assets ($B): 0.052824883 · Participants: 379Bsa-Ila Retirement Account PlanFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
Bsa-Ila Retirement Account Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Bsa-Ila Retirement Account Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is S Company, LLC Section 401(k) Profit Sharing Plan in CA ($53M); by covered participants it is Excelsior Defense Inc Retirement Plan in FL (379 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (379 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Bsa-Ila Retirement Account Plan assets move in 2023?
Bsa-Ila Retirement Account Plan grew sharply - up 24.7% during 2023, from $42M to $53M. Reported net income was $10M.
How have Boston Shipping Association, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Boston Shipping Association, Inc.'s sponsor-wide assets grew 299.9%, from $43M to $174M.
Where does Bsa-Ila Retirement Account Plan rank by assets among Form 5500 filers?
Bsa-Ila Retirement Account Plan ranks in the 86th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Bsa-Ila Retirement Account Plan?
Among 401(k) plans in other states, the closest by assets is S Company, LLC Section 401(k) Profit Sharing Plan in CA ($53M, 1 participant).
Which 401(k) plans cover a similar participant headcount to Bsa-Ila Retirement Account Plan?
Among 401(k) plans in other states, the closest by covered participants is Excelsior Defense Inc Retirement Plan in FL (379 participants, $2M in assets).