Back to filter
Original filing (PDF)20250911091700NAL0000227824001
BASEMENT SYSTEMS, INC.
Form 5500
FILING_RECEIVED
BASEMENT SYSTEMS, INC. 401(K) PROFIT SHARING PLAN
401(k) retirement plan
Active participants
457
Accounts w/ balance
420
Plan assets (EOY)
$12.8M
Net assets (EOY)
$12.8M
How this plan invests
This plan
22 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
91
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
65
Vendor stack
100
Participation health
100
Knocking points off
- 66 bps in Schedule C fees — 127% above peer band of 29 bps.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for BASEMENT SYSTEMS, INC..
Plan sponsor
Name
BASEMENT SYSTEMS, INC.
EIN
06-1296899
Address
60 SILVERMINE ROAD · SEYMOUR, CT · 06483
Phone
(800) 640-1500
Industry
Admin Support & Waste Mgmtsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-09-11
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2S · Automatic enrollment
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
WALSH & DICKINSON
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
4 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE CO OF AME | — | GREENWOOD VILLAGE, CO | RECORDKEEPER | $32K | — |
Advisor / Consultant
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| MERRILL LYNCH PIERCE FENNER & SMITH | — | PENNINGTON, NJ | INVESTMENT ADVISOR | $31K | — |
| EMPOWER ADVISORY GROUP, LLC | — | GREENWOOD VILLAGE, CO | INVESTMENT MANAGEMENT | $5K | — |
TPA / Administrator
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| PASI, LLC | — | FARMINGTON, CT | CONTRACT ADMIN | $16K | — |
Investments
22 direct securities· $12.5M(97% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Fidelity U.S. Bond Index Fund Mutual fund | — | — | — | $2.7M | 21.2% | |
| iShares MSCI EAFE International Index Fund K Mutual fund | — | — | — | $1.6M | 12.1% | |
| JPMorgan Large Cap Growth Fund R6 Mutual fund | — | — | — | $1.5M | 12.0% | |
| Fidelity 500 Index Fund Mutual fund | — | — | — | $882K | 6.9% | |
| American Funds New World Fund R6 Mutual fund | — | — | — | $817K | 6.4% | |
| Key Guaranteed Portfolio Fund Guaranteed investment contract ** $ | — | — | — | $748K | 5.8% | |
| MFS Value Fund R6 Mutual fund | — | — | — | $730K | 5.7% | |
| American Funds Washington Mutual Fund R6 Mutual fund | — | — | — | $600K | 4.7% | |
| Allspring Special Small Cap Value Fund R6 Mutual fund | — | — | — | $510K | 4.0% | |
| MFS Mid Cap Value Fund R6 Mutual fund | — | — | — | $500K | 3.9% | |
| Principal Midcap Fund R6 Mutual fund | — | — | — | $398K | 3.1% | |
| Fidelity Mid Cap Index Fund Mutual fund | — | — | — | $387K | 3.0% | |
| Janus Henderson Triton Fund N Mutual fund | — | — | — | $283K | 2.2% | |
| Participant loans Interest rates of 4.25% to 9.50% | — | — | — | $277K | 2.2% | |
| MFS Aggressive Growth Allocation Fund R4 Mutual fund | — | — | — | $215K | 1.7% | |
| Principal Real Estate Securities Fund R6 Mutual fund | — | — | — | $74K | 0.6% | |
| Blackrock High Yield Bond Portfolio Fund K Mutual fund | — | — | — | $62K | 0.5% | |
| Transamerica International Equity Fund R6 Mutual fund | — | — | — | $57K | 0.4% | |
| MFS International Growth Fund R6 Mutual fund | — | — | — | $52K | 0.4% | |
| Fidelity Small Cap Index Fund Mutual fund | — | — | — | $46K | 0.4% | |
| MFS Conservative Allocation Fund R4 Mutual fund | — | — | — | $10K | <0.1% | |
| MFS Moderate Allocation Fund R4 Mutual fund | — | — | — | $3K | <0.1% |