Original filing (PDF)20251006093910NAL0006140192003

BASIC AMERICAN, INC.

Name: BASIC AMERICAN, INC. — PENSION PLAN BASIC AMERICAN FOODS, Form 5500 (2024)
Creator: BASIC AMERICAN, INC.

Form 5500

FILING_RECEIVED

PENSION PLAN BASIC AMERICAN FOODS

Defined-benefit pension plan

Signals · 2

~223 bps in Sched C feesNo recordkeeper disclosed

Active participants

107

Accounts w/ balance

—

Plan assets (EOY)

$12.5M

Net assets (EOY)

$12.4M

How this plan invests

This plan

473 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score (directional)

/ 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

Vendor stack

Participation health

100

Knocking points off

223 bps in Schedule C fees — 668% above peer band of 29 bps.
No recordkeeper disclosed on Schedule C.
Plan is frozen (1I) — no new benefit accrual.

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

003

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-10-06

Pension benefit codes

1B · Flat-dollar DB formula

1I · Frozen plan — no new benefit accrual

Audit & trust (Schedule H)

Auditor

CBIZ CPAS PC

Trustee / custodian

—

Trustee phone

—

Service providers (Schedule C)

5 rows

Other

Name	EIN	Location	Relation	Direct comp	Indirect comp
SCHWAB RETIREMENT PLAN SERVICES INC	34-1479833	—	NONE	$135K	—
MORGAN STANLEY SMITH BARNEY HOLDING	26-4310632	—	NONE	$70K	—
BASIC AMERICAN INC	94-1318402	—	NONE	$42K	—
CBIZ	22-2769024	—	NONE	$23K	—
FIRST STATE TRUST COMPANY	13-3124172	—	NONE	$7K	—

Investments

466 direct securities· $11.7M(94% of reported assets)

Investment	Type	Shares / units	Cost	Current value	% of plan
Canyon Value Real Cay Ltd Class L	—	—	$516K	$747K	6.0%
Marshall Wace Eureka VI Class B	—	—	$443K	$746K	6.0%
Sculptor Overseas Inst Ltd	—	—	$468K	$551K	4.4%
Vanguard FTSE All World Ex US Index Fund	—	—	$386K	$481K	3.9%
Verition Intl Multi Strategy Fd 2023.08 Series	—	—	$426K	$472K	3.8%
Harris Assoc Invt Tr Oakmrk Gbl Adv	—	—	$416K	$415K	3.3%
Vanguard MSCI Emerging Markets ETF	—	—	$292K	$333K	2.7%
KKR Infrastructure Conglomerate LLC	—	—	$270K	$291K	2.3%
Verition Intl Multi Strategy Fd 2024.08 Series	—	—	$260K	$274K	2.2%
Vanguard Fed Money Market Fund	—	—	$253K	$253K	2.0%
Morgan Stanley Bank Deposit	—	—	$245K	$245K	2.0%
Blue Owl Credit Income Corp	—	—	$126K	$128K	1.0%
Blackstone REIT	—	—	$95K	$125K	1.0%
US Treasury Bond	—	—	$107K	$100K	0.8%
US Treasury Note	—	—	$95K	$97K	0.8%
US Treasury Bond	—	—	$86K	$82K	0.7%
US Treasury Note	—	—	$78K	$78K	0.6%
US Treasury Bond	—	—	$83K	$78K	0.6%
US Treasury Bond	—	—	$80K	$75K	0.6%
US Treasury Bond	—	—	$78K	$74K	0.6%
US Treasury Bond	—	—	$77K	$72K	0.6%
US Treasury Note	—	—	$76K	$72K	0.6%
Microsoft Corp	—	—	$48K	$70K	0.6%
US Treasury Bond	—	—	$73K	$69K	0.6%
Nvidia Corp	—	—	$29K	$68K	0.5%
US Treasury Note	—	—	$66K	$67K	0.5%
US Treasury Note	—	—	$67K	$66K	0.5%
Apple Computer Inc	—	—	$47K	$64K	0.5%
US Treasury Note	—	—	$61K	$62K	0.5%
US Treasury Bond	—	—	$66K	$62K	0.5%
US Treasury Bond	—	—	$64K	$61K	0.5%
Amazon Com Inc	—	—	$36K	$58K	0.5%
AT&T Communications	—	—	$57K	$56K	0.4%
US Treasury Bond	—	—	$57K	$54K	0.4%
Wells Fargo & Co	—	—	$50K	$50K	0.4%
US Treasury Bond	—	—	$53K	$50K	0.4%
US Treasury Note	—	—	$45K	$45K	0.4%
US Treasury Note	—	—	$44K	$45K	0.4%
US Treasury Bond	—	—	$46K	$44K	0.3%
Unitedhealth Group Inc	—	—	$47K	$44K	0.3%
US Treasury Bond	—	—	$43K	$43K	0.3%
US Treasury Note	—	—	$43K	$43K	0.3%
Oracle Corp	—	—	$44K	$43K	0.3%
US Treasury Note	—	—	$42K	$43K	0.3%
Meta Platforms Inc CL A (FB)	—	—	$27K	$42K	0.3%
Alphabet Inc Cl A	—	—	$24K	$42K	0.3%
Eli Lilly & Co	—	—	$44K	$41K	0.3%
US Treasury Bond	—	—	$43K	$40K	0.3%
Marsh & Mclennan Cos Inc	—	—	$43K	$40K	0.3%
Lockheed Martin Corp	—	—	$43K	$40K	0.3%
Microsoft Corp	—	—	$41K	$40K	0.3%
Blackstone Alternative Inv Fund	—	—	$41K	$39K	0.3%
US Treasury Bond	—	—	$42K	$39K	0.3%
Lowe's Cos INC	—	—	$41K	$39K	0.3%
US Treasury Note	—	—	$38K	$38K	0.3%
Oracle Corp	—	—	$39K	$38K	0.3%
US Treasury Bond	—	—	$40K	$38K	0.3%
Exxon Mobil Corp	—	—	$41K	$37K	0.3%
Altria Group Inc	—	—	$38K	$36K	0.3%
Comcast Corp New	—	—	$37K	$36K	0.3%
US Treasury Bond	—	—	$38K	$35K	0.3%
Willis N Amer	—	—	$34K	$35K	0.3%
US Treasury Note	—	—	$35K	$34K	0.3%
Virginia Electric And Power	—	—	$36K	$34K	0.3%
Meta Platform	—	—	$36K	$34K	0.3%
Verizon Communications Inc	—	—	$36K	$34K	0.3%
US Treasury Note	—	—	$32K	$34K	0.3%
Hca Inc.	—	—	$36K	$33K	0.3%
US Treasury Note	—	—	$33K	$33K	0.3%
US Treasury Note	—	—	$36K	$33K	0.3%
Lyb Intl Fin	—	—	$35K	$33K	0.3%
Duke Energy Progress Inc	—	—	$34K	$32K	0.3%
US Treasury Note	—	—	$32K	$31K	0.3%
US Treasury Note	—	—	$31K	$31K	0.3%
US Treasury Bond	—	—	$33K	$31K	0.2%
Netflix Com Inc	—	—	$22K	$31K	0.2%
US Treasury Note	—	—	$32K	$30K	0.2%
Bat Cap Corp	—	—	$29K	$30K	0.2%
US Treasury Note	—	—	$30K	$30K	0.2%
US Treasury Note	—	—	$30K	$30K	0.2%
US Treasury Note	—	—	$30K	$30K	0.2%
Canadian Natl Ry Co	—	—	$33K	$29K	0.2%
US Treasury Note	—	—	$29K	$29K	0.2%
US Treasury Note	—	—	$29K	$29K	0.2%
T Mobile Usa Inc	—	—	$31K	$29K	0.2%
US Treasury Note	—	—	$28K	$28K	0.2%
Midamerican Energy Company	—	—	$30K	$28K	0.2%
The Cigna Group	—	—	$30K	$28K	0.2%
Diamondback E	—	—	$29K	$28K	0.2%
Merck & Co Inc	—	—	$30K	$28K	0.2%
Philip Morris Inc	—	—	$29K	$28K	0.2%
Apple Inc	—	—	$30K	$27K	0.2%
Intercontinental Exchange I	—	—	$31K	$27K	0.2%
Coca Cola Co	—	—	$29K	$27K	0.2%
US Treasury Bond	—	—	$28K	$27K	0.2%
US Treasury Note	—	—	$27K	$27K	0.2%
Snap On Inc	—	—	$30K	$26K	0.2%
Berkshire Hathaway Finance	—	—	$28K	$26K	0.2%
Oneok Inc New	—	—	$28K	$26K	0.2%
Qualcomm Inc	—	—	$27K	$26K	0.2%
Jpmorgan Chase	—	—	$28K	$26K	0.2%
Pepsico Inc	—	—	$29K	$26K	0.2%
Western Gas Partners L P	—	—	$27K	$26K	0.2%
US Treasury Note	—	—	$24K	$25K	0.2%
US Treasury Bond	—	—	$27K	$24K	0.2%
Abbvie Inc	—	—	$26K	$24K	0.2%
Exelon Corp	—	—	$25K	$24K	0.2%
US Treasury Note	—	—	$25K	$24K	0.2%
Charter Communications Oper	—	—	$24K	$24K	0.2%
Servicenow Inc.	—	—	$11K	$24K	0.2%
Broadcom Inc	—	—	$16K	$22K	0.2%
Mplx Lp	—	—	$23K	$22K	0.2%
Parker Hannifin Corp	—	—	$7K	$22K	0.2%
Goldman Sachs Gp	—	—	$22K	$21K	0.2%
Alstom Sa-Unspon Adr	—	—	$15K	$21K	0.2%
Barclays Plc Adr	—	—	$13K	$21K	0.2%
Goldman Sachs Group Inc	—	—	$22K	$21K	0.2%
Kering-Unsponsored ADR	—	—	$25K	$21K	0.2%
Canadian Nat Res Ltd	—	—	$21K	$20K	0.2%
Home Depot Inc	—	—	$22K	$20K	0.2%
Anheuser-busch Inbev Wldw I	—	—	$21K	$20K	0.2%
Rolls-Royce Group-Spons Adr	—	—	$4K	$20K	0.2%
US Treasury Note	—	—	$20K	$20K	0.2%
Consolidated Edison Company	—	—	$20K	$20K	0.2%
US Treasury Note	—	—	$20K	$20K	0.2%
Southern Copper Corp	—	—	$20K	$19K	0.2%
Indiana Mich Pwr Co	—	—	$21K	$19K	0.2%
Cummins Inc	—	—	$20K	$19K	0.2%
Amgen Inc	—	—	$21K	$19K	0.2%
Boeing Co	—	—	$20K	$19K	0.2%
Ameriprise Financial Inc.	—	—	$12K	$19K	0.2%
Kinder Morgan Inc Del	—	—	$19K	$19K	0.1%
Georgia Power Co GLBL	—	—	$19K	$19K	0.1%
Northern Sts Pwr Co Minn	—	—	$20K	$18K	0.1%
Costco Wholesale Corp New	—	—	$10K	$18K	0.1%
Reckitt Benckiser Group	—	—	$18K	$18K	0.1%
Taiwan Semiconductor Spons Adr	—	—	$16K	$17K	0.1%
Visa Inc-Class A	—	—	$10K	$17K	0.1%
At&t Inc	—	—	$18K	$17K	0.1%
US Treasury Note	—	—	$17K	$17K	0.1%
Pacific Gas & Elec Co	—	—	$16K	$16K	0.1%
Unum Group	—	—	$16K	$16K	0.1%
US Treasury Note	—	—	$17K	$16K	0.1%
Electronic Arts Inc	—	—	$18K	$16K	0.1%
Ascendis Pharma A S	—	—	$12K	$16K	0.1%
Capital One Finl Corp	—	—	$10K	$16K	0.1%
Walmart Inc	—	—	$17K	$15K	0.1%
Astrazeneca Plc Adr	—	—	$16K	$15K	0.1%
Jbs Usa Lux S	—	—	$16K	$15K	0.1%
US Treasury Note	—	—	$16K	$15K	0.1%
US Treasury Note	—	—	$15K	$15K	0.1%
US Treasury Note	—	—	$15K	$15K	0.1%
Lennar Corp	—	—	$10K	$15K	0.1%
Canadian Pacific Kansas City Limited	—	—	$16K	$15K	0.1%
US Treasury Note	—	—	$15K	$15K	0.1%
US Treasury Bond	—	—	$16K	$15K	0.1%
Renesas Electronics Corp	—	—	$18K	$15K	0.1%
US Treasury Note	—	—	$15K	$15K	0.1%
US Treasury Note	—	—	$15K	$15K	0.1%
Intuit	—	—	$16K	$15K	0.1%
Burlington Northn Santa Fe	—	—	$16K	$14K	0.1%
Mcdonalds Co	—	—	$16K	$14K	0.1%
US Treasury Bond	—	—	$15K	$14K	0.1%
Corteva Inc	—	—	$10K	$14K	0.1%
Atmos Energy Corp	—	—	$11K	$14K	0.1%
Martin Marietta Matls Inc	—	—	$8K	$14K	0.1%
Salesforce.Com	—	—	$9K	$14K	0.1%
Ansys Inc	—	—	$11K	$14K	0.1%
US Treasury Note	—	—	$13K	$14K	0.1%
Sony Corp Adr	—	—	$12K	$13K	0.1%
Adobe Systems Inc	—	—	$16K	$13K	0.1%
Lilly Eli & Co	—	—	$14K	$13K	0.1%
Akzo Nobel Nv	—	—	$14K	$13K	0.1%
Tesla Motors	—	—	$8K	$13K	0.1%
Fair Isaac Corp	—	—	$10K	$13K	0.1%
Roche Hldg Ltd Spons Adr	—	—	$12K	$13K	0.1%
Qualcomm Inc	—	—	$13K	$13K	0.1%
US Treasury Note	—	—	$12K	$12K	<0.1%
Blackstone Group Inc	—	—	$8K	$12K	<0.1%
US Bancorp New	—	—	$9K	$12K	<0.1%
BP Amoco Plc	—	—	$14K	$12K	<0.1%
Ecolab Inc	—	—	$9K	$12K	<0.1%
Rpm International Inc	—	—	$9K	$12K	<0.1%
Sap Aktiengesellschaft Spns Adr	—	—	$6K	$12K	<0.1%
Enel Spa Adr	—	—	$10K	$12K	<0.1%
Amgen Inc	—	—	$12K	$11K	<0.1%
Fanuc Ltd Unspons Adr	—	—	$12K	$11K	<0.1%
Ferrari N V	—	—	$8K	$11K	<0.1%
Honeywell Intl Inc	—	—	$10K	$11K	<0.1%
Hermes International ADR	—	—	$9K	$11K	<0.1%
Mercadolibre Inc	—	—	$10K	$11K	<0.1%
Danaher Corp	—	—	$11K	$11K	<0.1%
Diageo Plc Adr	—	—	$12K	$11K	<0.1%
Gsk Plc Sponsored Adr	—	—	$12K	$11K	<0.1%
Xylem Inc.	—	—	$11K	$11K	<0.1%
Procter & Gamble Co	—	—	$9K	$11K	<0.1%
Prudential Plc-Adr	—	—	$13K	$11K	<0.1%
Pnc Financial Services Group	—	—	$9K	$11K	<0.1%
Southern California Gas Com	—	—	$11K	$11K	<0.1%
Koninklijke Philips Electrs Nv-Adr	—	—	$9K	$11K	<0.1%