401(k) · DOL Form 5500 · 2024

Boston Shipping Association, Inc. 401(k) Plan

Data updated 2026-08-11

$62M
Total assets
376
Participants
86th
Percentile by assets
$165,093
Avg per participant
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Official DOL plan name: Bsa-Ila Retirement Account Plan · Sponsored by Boston Shipping Association, Inc. · Massachusetts · Transportation & Warehousing

$62M in assets, 376 participants

Boston Shipping Association, Inc.'s Bsa-Ila Retirement Account Plan reported $62M in total assets and 376 participants in its 2024 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.

  • 86th percentile by assets (of 123,622 plans)
  • #2,794 in Transportation & Warehousing (3,299 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, $62M for 376 participants (~$165,093/participant), up 17.5% in 2024.

$62M
total plan assets (2024 EOY)
376
covered participants
86th
percentile by assets (of 123,622 plans)
$165,093
avg assets per participant

Where Bsa-Ila Retirement Account Plan sits by total assets

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

End-of-year total assets · plan year 2024 · DOL Form 5500

$62,074,843 Top 14% higher than 86% of 123,620 filed plans

This plan $0 $2,010,000,000 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 2024

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Bsa-Ila Retirement Account Plan end-of-year assets rose from $53M in the plan year 2023 filing to $62M in the plan year 2024 filing.
  • Bsa-Ila Retirement Account Plan reported net income fell from $10M in the plan year 2023 filing to $9M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Bsa-Ila Retirement Account Plan vs the 2024 asset distribution

By assets, Bsa-Ila Retirement Account Plan outranks 86% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.6x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$53M
Net Assets (End of Year)$62M
Net Income$9M
Employer EIN042034907
Plan Effective Date1993-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Boston Shipping Association, Inc.)

$0M$50M$100M$150M$200M 202220232024 $43.4M $174M ▲ +299.9%
Total plan assets by year, all Boston Shipping Association, Inc. plans on file
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

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 A…Fidelity Retirement …Liberty Mutual 401(k…Massachusetts Instit…Boston Scientific Co…State Street Salary …
Bsa-Ila Retirement Account Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Bsa-Ila Retirement Account Plan by total assets, not by location.

Frequently Asked Questions

How did Bsa-Ila Retirement Account Plan assets move in 2024?
Bsa-Ila Retirement Account Plan grew sharply - up 17.5% during 2024, from $53M to $62M. Reported net income was $9M.
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 123,622 plans that reported assets for plan year 2024 (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 Ohio Anesthesia Group, Inc. 401(k) Profit Sharing Plan and Trust in OH ($62M, 111 participants).

Scale reading

Ways to act on Bsa-Ila Retirement Account Plan's numbers.