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Original filing (PDF)20251006094250NAL0001761491001
BASIC AMERICAN, INC.
Form 5500
FILING_RECEIVED
BASIC RETIREMENT SAVINGS PLAN
401(k) retirement plan
Signals · 1
No recordkeeper disclosed
Active participants
871
Accounts w/ balance
1,617
Plan assets (EOY)
$158.7M
Net assets (EOY)
$158.6M
How this plan invests
This plan
1 pooled trust
Schedule D
26 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
89
/ 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
80
Participation health
100
Knocking points off
- 32 bps in Schedule C fees — 223% above peer band of 10 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for BASIC AMERICAN, INC..
Plan sponsor
Name
BASIC AMERICAN, INC.
EIN
94-1318402
Address
1676 N. CALIFORNIA BLVD. · SUITE 525 · WALNUT CREEK, CA · 94596
Phone
(925) 472-4000
Industry
Manufacturingsee 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
2025-10-06
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2R · Participant-directed brokerage (SDBA)
2S · Automatic enrollment
2T · Default investment account (QDIA)
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
CBIZ CPAS P.C.
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
5 rowsOther
5| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES,INC | 34-1479833 | — | NONE | $385K | — |
| BASIC AMERICAN INC | 94-1318402 | — | NONE | $77K | — |
| MORGAN STANLEY GLOBAL | 26-4310632 | — | NONE | $30K | — |
| CBIZ INC | 22-2769024 | — | NONE | $20K | — |
| CHARLES SCHWAB & CO INC | 94-1737782 | — | NONE | $298 | — |
Investments
18 direct securities · 1 pooled fund· $184.4M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Uncategorized
$181.3M
18 holdings
Common Collective Trust
$3.2M
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| VANGUARD TOTAL BD MKT IDX INST Registered Investment Company | — | — | — | $25.9M | 16.3% | |
| Vanguard TTL Bond Market Index Admiral Mutual Fund 2,734,870 Shares ^ | — | — | — | $25.9M | 16.3% | |
| Schwab S&P 500 Index Fund Mutual Fund 285,059 Shares ^ | — | — | — | $25.7M | 16.2% | |
| Fidelity International Index Fund Mutual Fund 358,264 Shares ^ | — | — | — | $17.0M | 10.7% | |
| Fidelity Large Cap Growth Index Fund Mutual Fund 398,265 Shares ^ | — | — | — | $15.6M | 9.8% | |
| Personal Choice Retirement Accounts Self-Directed Brokerage Accounts ^ | — | — | — | $13.5M | 8.5% | |
| Vanguard Short-Term Bond Index Admiral Mutual Fund 499,422 Shares ^ | — | — | — | $12.1M | 7.6% | |
| Fidelity Large Cap Value Index Fund Mutual Fund 468,073 Shares ^ | — | — | — | $8.5M | 5.3% | |
| VANGUARD SM CAP VAL INDEX INST Registered Investment Company | — | — | — | $7.5M | 4.7% | |
| VANGUARD SHORT-TERM BOND INSTL Registered Investment Company | — | — | — | $7.4M | 4.7% | |
| FIDELITY EMERG MARKETS IDX Registered Investment Company | — | — | — | $7.3M | 4.6% | |
| Vanguard Small Cap Growth Index Mutual Fund 71,998 Shares ^ | — | — | — | $5.7M | 3.6% | |
| Vanguard REIT INDEX Admiral Mutual Fund 29,840 Shares ^ | — | — | — | $3.8M | 2.4% | |
| TROWE PRICE STB VAL COMMON TR FD T. ROWE PRICE TRUST COMPANY · EIN 52-1309931 / PN 001 | Common Collective Trust | — | — | $3.2M | 2.0% | |
| January 2025 to October 2036 - | — | — | — | $2.0M | 1.2% | |
| PARTICIPANT LOANS (4.25% - 9.50%) | — | — | — | $2.0M | 1.2% | |
| Schwab Small Cap Index Fund Mutual Fund 33,547 Shares ^ | — | — | — | $1.2M | 0.8% | |
| Schwab Bank Savings Interest-Bearing Cash ^ | — | — | — | $102K | <0.1% | |
| LIMITED PARTNERSHIP Limited Partnership | — | — | — | $2K | <0.1% |
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