401k Plan data: OSG BULK SHIPS, INC. 401(K) PLAN plan

OSG BULK SHIPS, INC. 401(K) PLAN 401k Plan overview

Plan Name	OSG BULK SHIPS, INC. 401(K) PLAN
Plan identification number	001

OSG BULK SHIPS, INC. 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.

401k Sponsoring company profile

OSG BULK SHIPS, INC. has sponsored the creation of one or more 401k plans.

Company Name: OSG BULK SHIPS, INC.

Employer identification number (EIN): 132632600

NAIC Classification: 483000
NAIC Description: Water Transportation

Form 5500 Filing Information

Submission information for form 5500 for 401k plan OSG BULK SHIPS, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2024-01-01 DEANNA MARSHALL
001 2023-01-01
001 2023-01-01 DEANNA MARSHALL
001 2022-01-01
001 2022-01-01 DEANNA MARSHALL
001 2021-01-01
001 2021-01-01 DEANNA MARSHALL
001 2020-01-01
001 2019-01-01
001 2017-01-01 SUSAN LUCAS DEANNA MARSHALL 2018-09-26
001 2016-01-01 SUSAN LUCAS
001 2015-01-01 SUSAN LUCAS
001 2014-01-01 SUSAN LUCAS

Plan Statistics for OSG BULK SHIPS, INC. 401(K) PLAN

401k plan membership statisitcs for OSG BULK SHIPS, INC. 401(K) PLAN

Measure Date Value
2023: OSG BULK SHIPS, INC. 401(K) PLAN 2023 401k membership
Total participants, beginning-of-year 2023-01-01 283
Total number of active participants reported on line 7a of the Form 5500 2023-01-01 168
Number of retired or separated participants receiving benefits 2023-01-01 0
Number of other retired or separated participants entitled to future benefits 2023-01-01 112
Total of all active and inactive participants 2023-01-01 280
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2023-01-01 1
Total participants 2023-01-01 281
Number of participants with account balances 2023-01-01 277
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2023-01-01 0
2022: OSG BULK SHIPS, INC. 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 239
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 169
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 114
Total of all active and inactive participants 2022-01-01 283
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 283
Number of participants with account balances 2022-01-01 280
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: OSG BULK SHIPS, INC. 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 250
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 156
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 83
Total of all active and inactive participants 2021-01-01 239
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 239
Number of participants with account balances 2021-01-01 232
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 1
2020: OSG BULK SHIPS, INC. 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 220
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 172
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 78
Total of all active and inactive participants 2020-01-01 250
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 250
Number of participants with account balances 2020-01-01 246
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: OSG BULK SHIPS, INC. 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 199
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 150
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 70
Total of all active and inactive participants 2019-01-01 220
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 220
Number of participants with account balances 2019-01-01 217
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2017: OSG BULK SHIPS, INC. 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 194
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 129
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 64
Total of all active and inactive participants 2017-01-01 193
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 193
Number of participants with account balances 2017-01-01 190
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 0
2016: OSG BULK SHIPS, INC. 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 189
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 136
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 58
Total of all active and inactive participants 2016-01-01 194
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 194
Number of participants with account balances 2016-01-01 190
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 0
2015: OSG BULK SHIPS, INC. 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 201
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 143
Number of retired or separated participants receiving benefits 2015-01-01 0
Number of other retired or separated participants entitled to future benefits 2015-01-01 46
Total of all active and inactive participants 2015-01-01 189
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 189
Number of participants with account balances 2015-01-01 181
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 0
2014: OSG BULK SHIPS, INC. 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 189
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 137
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 63
Total of all active and inactive participants 2014-01-01 200
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 1
Total participants 2014-01-01 201
Number of participants with account balances 2014-01-01 192
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 0

Measure	Date	Value
2023: OSG BULK SHIPS, INC. 401(K) PLAN 2023 401k membership
Total participants, beginning-of-year	2023-01-01	283
Total number of active participants reported on line 7a of the Form 5500	2023-01-01	168
Number of retired or separated participants receiving benefits	2023-01-01	0
Number of other retired or separated participants entitled to future benefits	2023-01-01	112
Total of all active and inactive participants	2023-01-01	280
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2023-01-01	1
Total participants	2023-01-01	281
Number of participants with account balances	2023-01-01	277
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2023-01-01	0
2022: OSG BULK SHIPS, INC. 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	239
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	169
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	114
Total of all active and inactive participants	2022-01-01	283
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	283
Number of participants with account balances	2022-01-01	280
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: OSG BULK SHIPS, INC. 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	250
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	156
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	83
Total of all active and inactive participants	2021-01-01	239
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	239
Number of participants with account balances	2021-01-01	232
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	1
2020: OSG BULK SHIPS, INC. 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	220
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	172
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	78
Total of all active and inactive participants	2020-01-01	250
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	250
Number of participants with account balances	2020-01-01	246
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: OSG BULK SHIPS, INC. 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	199
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	150
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	70
Total of all active and inactive participants	2019-01-01	220
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	220
Number of participants with account balances	2019-01-01	217
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2017: OSG BULK SHIPS, INC. 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	194
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	129
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	64
Total of all active and inactive participants	2017-01-01	193
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	193
Number of participants with account balances	2017-01-01	190
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	0
2016: OSG BULK SHIPS, INC. 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	189
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	136
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	58
Total of all active and inactive participants	2016-01-01	194
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	194
Number of participants with account balances	2016-01-01	190
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	0
2015: OSG BULK SHIPS, INC. 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	201
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	143
Number of retired or separated participants receiving benefits	2015-01-01	0
Number of other retired or separated participants entitled to future benefits	2015-01-01	46
Total of all active and inactive participants	2015-01-01	189
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	189
Number of participants with account balances	2015-01-01	181
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	0
2014: OSG BULK SHIPS, INC. 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	189
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	137
Number of retired or separated participants receiving benefits	2014-01-01	0
Number of other retired or separated participants entitled to future benefits	2014-01-01	63
Total of all active and inactive participants	2014-01-01	200
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	1
Total participants	2014-01-01	201
Number of participants with account balances	2014-01-01	192
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	0

Financial Data on OSG BULK SHIPS, INC. 401(K) PLAN

Measure	Date	Value
2023 : OSG BULK SHIPS, INC. 401(K) PLAN 2023 401k financial data
Total unrealized appreciation/depreciation of assets	2023-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2023-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2023-12-31	$0
Total income from all sources (including contributions)	2023-12-31	$9,605,795
Total loss/gain on sale of assets	2023-12-31	$0
Total of all expenses incurred	2023-12-31	$4,594,184
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2023-12-31	$4,530,430
Expenses. Certain deemed distributions of participant loans	2023-12-31	$27,478
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2023-12-31	$2,738,993
Value of total assets at end of year	2023-12-31	$46,712,865
Value of total assets at beginning of year	2023-12-31	$41,701,254
Total of administrative expenses incurred including professional, contract, advisory and management fees	2023-12-31	$36,276
Total interest from all sources	2023-12-31	$6,826
Total dividends received (eg from common stock, registered investment company shares)	2023-12-31	$1,437,969
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2023-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2023-12-31	$1,437,969
Was this plan covered by a fidelity bond	2023-12-31	Yes
Value of fidelity bond cover	2023-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2023-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2023-12-31	No
Contributions received from participants	2023-12-31	$2,699,906
Participant contributions at end of year	2023-12-31	$59,071
Participant contributions at beginning of year	2023-12-31	$84,336
Participant contributions at beginning of year	2023-12-31	$58,560
Other income not declared elsewhere	2023-12-31	$2,380
Administrative expenses (other) incurred	2023-12-31	$36,276
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2023-12-31	No
Value of net income/loss	2023-12-31	$5,011,611
Value of net assets at end of year (total assets less liabilities)	2023-12-31	$46,712,865
Value of net assets at beginning of year (total assets less liabilities)	2023-12-31	$41,701,254
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2023-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2023-12-31	No
Were any leases to which the plan was party in default or uncollectible	2023-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2023-12-31	$39,504,655
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2023-12-31	$35,046,466
Interest on participant loans	2023-12-31	$6,826
Value of interest in common/collective trusts at end of year	2023-12-31	$5,115,588
Value of interest in common/collective trusts at beginning of year	2023-12-31	$4,948,494
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2023-12-31	$2,033,551
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2023-12-31	$1,563,398
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2023-12-31	$1,563,398
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2023-12-31	$5,305,152
Net investment gain or loss from common/collective trusts	2023-12-31	$114,475
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2023-12-31	No
Was there a failure to transmit to the plan any participant contributions	2023-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2023-12-31	No
Contributions received in cash from employer	2023-12-31	$39,087
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2023-12-31	$4,530,430
Did the plan have assets held for investment	2023-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2023-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2023-12-31	No
Opinion of an independent qualified public accountant for this plan	2023-12-31	Unqualified
Accountancy firm name	2023-12-31	FRAZIER & DEETER
Accountancy firm EIN	2023-12-31	581433845
Total unrealized appreciation/depreciation of assets	2023-01-01	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2023-01-01	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2023-01-01	$0
Total income from all sources (including contributions)	2023-01-01	$9,605,795
Total loss/gain on sale of assets	2023-01-01	$0
Total of all expenses incurred	2023-01-01	$4,594,184
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2023-01-01	$4,530,430
Expenses. Certain deemed distributions of participant loans	2023-01-01	$27,478
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2023-01-01	$2,738,993
Value of total assets at end of year	2023-01-01	$46,712,865
Value of total assets at beginning of year	2023-01-01	$41,701,254
Total of administrative expenses incurred including professional, contract, advisory and management fees	2023-01-01	$36,276
Total interest from all sources	2023-01-01	$6,826
Total dividends received (eg from common stock, registered investment company shares)	2023-01-01	$1,437,969
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2023-01-01	No
Total dividends received from registered investment company shares (eg mutual funds)	2023-01-01	$1,437,969
Was this plan covered by a fidelity bond	2023-01-01	Yes
Value of fidelity bond cover	2023-01-01	$5,000,000
If this is an individual account plan, was there a blackout period	2023-01-01	No
Were there any nonexempt tranactions with any party-in-interest	2023-01-01	No
Contributions received from participants	2023-01-01	$2,699,906
Participant contributions at end of year	2023-01-01	$59,071
Participant contributions at beginning of year	2023-01-01	$84,336
Participant contributions at beginning of year	2023-01-01	$58,560
Other income not declared elsewhere	2023-01-01	$2,380
Administrative expenses (other) incurred	2023-01-01	$36,276
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2023-01-01	No
Value of net income/loss	2023-01-01	$5,011,611
Value of net assets at end of year (total assets less liabilities)	2023-01-01	$46,712,865
Value of net assets at beginning of year (total assets less liabilities)	2023-01-01	$41,701,254
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2023-01-01	No
Were any loans by the plan or fixed income obligations due to the plan in default	2023-01-01	No
Were any leases to which the plan was party in default or uncollectible	2023-01-01	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2023-01-01	$39,504,655
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2023-01-01	$35,046,466
Interest on participant loans	2023-01-01	$6,826
Value of interest in common/collective trusts at end of year	2023-01-01	$5,115,588
Value of interest in common/collective trusts at beginning of year	2023-01-01	$4,948,494
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2023-01-01	$2,033,551
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2023-01-01	$5,305,152
Net investment gain or loss from common/collective trusts	2023-01-01	$114,475
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2023-01-01	No
Was there a failure to transmit to the plan any participant contributions	2023-01-01	Yes
Has the plan failed to provide any benefit when due under the plan	2023-01-01	No
Contributions received in cash from employer	2023-01-01	$39,087
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2023-01-01	$4,530,430
Did the plan have assets held for investment	2023-01-01	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2023-01-01	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2023-01-01	No
Opinion of an independent qualified public accountant for this plan	2023-01-01	1
Accountancy firm name	2023-01-01	FRAZIER & DEETER
Accountancy firm EIN	2023-01-01	581433845
2022 : OSG BULK SHIPS, INC. 401(K) PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets	2022-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total income from all sources (including contributions)	2022-12-31	$-4,907,787
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$3,288,834
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$3,263,187
Expenses. Certain deemed distributions of participant loans	2022-12-31	$-11,383
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$2,606,948
Value of total assets at end of year	2022-12-31	$41,701,254
Value of total assets at beginning of year	2022-12-31	$49,897,875
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$37,030
Total interest from all sources	2022-12-31	$8,242
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$1,532,009
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2022-12-31	$1,532,009
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2022-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Contributions received from participants	2022-12-31	$2,540,381
Participant contributions at end of year	2022-12-31	$84,336
Participant contributions at beginning of year	2022-12-31	$75,650
Participant contributions at end of year	2022-12-31	$58,560
Participant contributions at beginning of year	2022-12-31	$42,384
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$66,567
Other income not declared elsewhere	2022-12-31	$220
Administrative expenses (other) incurred	2022-12-31	$37,030
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$-8,196,621
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$41,701,254
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$49,897,875
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$35,046,466
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$41,966,358
Interest on participant loans	2022-12-31	$8,242
Value of interest in common/collective trusts at end of year	2022-12-31	$4,948,494
Value of interest in common/collective trusts at beginning of year	2022-12-31	$6,233,528
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2022-12-31	$1,563,398
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2022-12-31	$1,579,955
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2022-12-31	$1,579,955
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-9,157,521
Net investment gain or loss from common/collective trusts	2022-12-31	$102,315
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
Was there a failure to transmit to the plan any participant contributions	2022-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$3,263,187
Did the plan have assets held for investment	2022-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	FRAZIER & DEETER
Accountancy firm EIN	2022-12-31	581433845
Total unrealized appreciation/depreciation of assets	2022-01-01	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-01-01	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-01-01	$0
Total income from all sources (including contributions)	2022-01-01	$-4,907,787
Total loss/gain on sale of assets	2022-01-01	$0
Total of all expenses incurred	2022-01-01	$3,288,834
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-01-01	$3,263,187
Expenses. Certain deemed distributions of participant loans	2022-01-01	$-11,383
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-01-01	$2,606,948
Value of total assets at end of year	2022-01-01	$41,701,254
Value of total assets at beginning of year	2022-01-01	$49,897,875
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-01-01	$37,030
Total interest from all sources	2022-01-01	$8,242
Total dividends received (eg from common stock, registered investment company shares)	2022-01-01	$1,532,009
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-01-01	No
Total dividends received from registered investment company shares (eg mutual funds)	2022-01-01	$1,532,009
Was this plan covered by a fidelity bond	2022-01-01	Yes
Value of fidelity bond cover	2022-01-01	$5,000,000
If this is an individual account plan, was there a blackout period	2022-01-01	No
Were there any nonexempt tranactions with any party-in-interest	2022-01-01	No
Contributions received from participants	2022-01-01	$2,540,381
Participant contributions at end of year	2022-01-01	$84,336
Participant contributions at beginning of year	2022-01-01	$75,650
Participant contributions at end of year	2022-01-01	$58,560
Participant contributions at beginning of year	2022-01-01	$42,384
Income. Received or receivable in cash from other sources (including rollovers)	2022-01-01	$66,567
Other income not declared elsewhere	2022-01-01	$220
Administrative expenses (other) incurred	2022-01-01	$37,030
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-01-01	No
Value of net income/loss	2022-01-01	$-8,196,621
Value of net assets at end of year (total assets less liabilities)	2022-01-01	$41,701,254
Value of net assets at beginning of year (total assets less liabilities)	2022-01-01	$49,897,875
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-01-01	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-01-01	No
Were any leases to which the plan was party in default or uncollectible	2022-01-01	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-01-01	$35,046,466
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-01-01	$41,966,358
Interest on participant loans	2022-01-01	$8,242
Value of interest in common/collective trusts at end of year	2022-01-01	$4,948,494
Value of interest in common/collective trusts at beginning of year	2022-01-01	$6,233,528
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2022-01-01	$1,563,398
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-01-01	$-9,157,521
Net investment gain or loss from common/collective trusts	2022-01-01	$102,315
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-01-01	No
Was there a failure to transmit to the plan any participant contributions	2022-01-01	Yes
Has the plan failed to provide any benefit when due under the plan	2022-01-01	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-01-01	$3,263,187
Did the plan have assets held for investment	2022-01-01	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-01-01	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-01-01	No
Opinion of an independent qualified public accountant for this plan	2022-01-01	1
Accountancy firm name	2022-01-01	FRAZIER & DEETER
Accountancy firm EIN	2022-01-01	581433845
2021 : OSG BULK SHIPS, INC. 401(K) PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets	2021-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total income from all sources (including contributions)	2021-12-31	$12,455,119
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$4,047,005
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$3,980,285
Expenses. Certain deemed distributions of participant loans	2021-12-31	$26,965
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$5,954,306
Value of total assets at end of year	2021-12-31	$49,897,875
Value of total assets at beginning of year	2021-12-31	$41,489,761
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$39,755
Total interest from all sources	2021-12-31	$3,046
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$1,825,653
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2021-12-31	$1,825,653
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$2,325,570
Participant contributions at end of year	2021-12-31	$75,650
Participant contributions at beginning of year	2021-12-31	$44,268
Participant contributions at end of year	2021-12-31	$42,384
Participant contributions at beginning of year	2021-12-31	$55,199
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$3,628,736
Other income not declared elsewhere	2021-12-31	$2,774
Administrative expenses (other) incurred	2021-12-31	$39,755
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$8,408,114
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$49,897,875
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$41,489,761
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$41,966,358
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$37,791,904
Interest on participant loans	2021-12-31	$3,046
Value of interest in common/collective trusts at end of year	2021-12-31	$6,233,528
Value of interest in common/collective trusts at beginning of year	2021-12-31	$1,864,078
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2021-12-31	$1,579,955
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2021-12-31	$1,734,312
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2021-12-31	$1,734,312
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$4,595,625
Net investment gain or loss from common/collective trusts	2021-12-31	$73,715
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$3,980,285
Did the plan have assets held for investment	2021-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	FRAZIER & DEETER
Accountancy firm EIN	2021-12-31	581433845
2020 : OSG BULK SHIPS, INC. 401(K) PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets	2020-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total income from all sources (including contributions)	2020-12-31	$14,888,472
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$1,650,692
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$1,448,339
Expenses. Certain deemed distributions of participant loans	2020-12-31	$172,560
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$9,171,552
Value of total assets at end of year	2020-12-31	$41,489,761
Value of total assets at beginning of year	2020-12-31	$28,251,981
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$29,793
Total interest from all sources	2020-12-31	$6,084
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$1,242,363
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$1,242,363
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2020-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$2,439,331
Participant contributions at end of year	2020-12-31	$44,268
Participant contributions at beginning of year	2020-12-31	$154,258
Participant contributions at end of year	2020-12-31	$55,199
Participant contributions at beginning of year	2020-12-31	$52,332
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$6,732,221
Administrative expenses (other) incurred	2020-12-31	$29,793
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$13,237,780
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$41,489,761
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$28,251,981
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$37,791,904
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$25,600,671
Interest on participant loans	2020-12-31	$6,084
Value of interest in common/collective trusts at end of year	2020-12-31	$1,864,078
Value of interest in common/collective trusts at beginning of year	2020-12-31	$1,172,117
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2020-12-31	$1,734,312
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2020-12-31	$1,272,603
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2020-12-31	$1,272,603
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$4,432,355
Net investment gain or loss from common/collective trusts	2020-12-31	$36,118
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	No
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$1,448,339
Did the plan have assets held for investment	2020-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Opinion of an independent qualified public accountant for this plan	2020-12-31	Disclaimer
Accountancy firm name	2020-12-31	FRAZIER & DEETER
Accountancy firm EIN	2020-12-31	581433845
2019 : OSG BULK SHIPS, INC. 401(K) PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total income from all sources (including contributions)	2019-12-31	$7,318,130
Total loss/gain on sale of assets	2019-12-31	$0
Total of all expenses incurred	2019-12-31	$877,361
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$874,704
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$2,121,416
Value of total assets at end of year	2019-12-31	$28,251,981
Value of total assets at beginning of year	2019-12-31	$21,811,212
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$2,657
Total interest from all sources	2019-12-31	$4,960
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$1,088,299
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$1,088,299
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$2,037,928
Participant contributions at end of year	2019-12-31	$154,258
Participant contributions at beginning of year	2019-12-31	$148,253
Participant contributions at end of year	2019-12-31	$52,332
Participant contributions at beginning of year	2019-12-31	$54,137
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$83,488
Other income not declared elsewhere	2019-12-31	$62
Administrative expenses (other) incurred	2019-12-31	$2,657
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$6,440,769
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$28,251,981
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$21,811,212
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$25,600,671
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$18,943,244
Interest on participant loans	2019-12-31	$4,960
Value of interest in common/collective trusts at end of year	2019-12-31	$1,172,117
Value of interest in common/collective trusts at beginning of year	2019-12-31	$1,280,791
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2019-12-31	$1,272,603
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2019-12-31	$1,384,787
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2019-12-31	$1,384,787
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$4,103,393
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$874,704
Did the plan have assets held for investment	2019-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	FRAZIER & DEETER
Accountancy firm EIN	2019-12-31	581433845
2018 : OSG BULK SHIPS, INC. 401(K) PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets	2018-12-31	$0
Total transfer of assets from this plan	2018-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Total income from all sources (including contributions)	2018-12-31	$475,967
Total loss/gain on sale of assets	2018-12-31	$0
Total of all expenses incurred	2018-12-31	$1,386,735
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$1,385,270
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$1,814,091
Value of total assets at end of year	2018-12-31	$21,811,212
Value of total assets at beginning of year	2018-12-31	$22,721,980
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$1,465
Total interest from all sources	2018-12-31	$7,891
Total dividends received (eg from common stock, registered investment company shares)	2018-12-31	$1,195,022
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2018-12-31	$1,195,022
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2018-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Contributions received from participants	2018-12-31	$1,814,091
Participant contributions at end of year	2018-12-31	$148,253
Participant contributions at beginning of year	2018-12-31	$193,812
Participant contributions at end of year	2018-12-31	$54,137
Participant contributions at beginning of year	2018-12-31	$0
Administrative expenses (other) incurred	2018-12-31	$1,465
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Value of net income/loss	2018-12-31	$-910,768
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$21,811,212
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$22,721,980
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-12-31	$18,943,244
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-12-31	$21,443,035
Interest on participant loans	2018-12-31	$7,891
Value of interest in common/collective trusts at end of year	2018-12-31	$1,280,791
Value of interest in common/collective trusts at beginning of year	2018-12-31	$1,085,133
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2018-12-31	$1,384,787
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2018-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2018-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$-2,541,037
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	No
Was there a failure to transmit to the plan any participant contributions	2018-12-31	No
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$1,385,270
Did the plan have assets held for investment	2018-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2018-12-31	Disclaimer
Accountancy firm name	2018-12-31	FRAZIER & DEETER
Accountancy firm EIN	2018-12-31	581433845
2017 : OSG BULK SHIPS, INC. 401(K) PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets	2017-12-31	$0
Total transfer of assets from this plan	2017-12-31	$24,855
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Total income from all sources (including contributions)	2017-12-31	$5,156,198
Total loss/gain on sale of assets	2017-12-31	$0
Total of all expenses incurred	2017-12-31	$1,372,057
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$1,370,691
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$1,750,025
Value of total assets at end of year	2017-12-31	$22,721,980
Value of total assets at beginning of year	2017-12-31	$18,962,694
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$1,366
Total interest from all sources	2017-12-31	$3,911
Total dividends received (eg from common stock, registered investment company shares)	2017-12-31	$935,057
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2017-12-31	$935,057
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2017-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Contributions received from participants	2017-12-31	$1,750,025
Participant contributions at end of year	2017-12-31	$193,812
Participant contributions at beginning of year	2017-12-31	$136,974
Administrative expenses (other) incurred	2017-12-31	$1,366
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Value of net income/loss	2017-12-31	$3,784,141
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$22,721,980
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$18,962,694
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-12-31	No
Were any leases to which the plan was party in default or uncollectible	2017-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2017-12-31	$21,443,035
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2017-12-31	$17,825,347
Interest on participant loans	2017-12-31	$3,911
Value of interest in common/collective trusts at end of year	2017-12-31	$1,085,133
Value of interest in common/collective trusts at beginning of year	2017-12-31	$1,000,373
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2017-12-31	$2,447,957
Net investment gain or loss from common/collective trusts	2017-12-31	$19,248
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	No
Was there a failure to transmit to the plan any participant contributions	2017-12-31	No
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$1,370,691
Did the plan have assets held for investment	2017-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2017-12-31	Disclaimer
Accountancy firm name	2017-12-31	MAYER HOFFMAN MCCANN P.C.
Accountancy firm EIN	2017-12-31	431947695
2016 : OSG BULK SHIPS, INC. 401(K) PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets	2016-12-31	$0
Total transfer of assets from this plan	2016-12-31	$5,602
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$0
Total income from all sources (including contributions)	2016-12-31	$3,115,999
Total loss/gain on sale of assets	2016-12-31	$0
Total of all expenses incurred	2016-12-31	$303,052
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2016-12-31	$301,990
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-12-31	$1,643,421
Value of total assets at end of year	2016-12-31	$18,962,694
Value of total assets at beginning of year	2016-12-31	$16,155,349
Total of administrative expenses incurred including professional, contract, advisory and management fees	2016-12-31	$1,062
Total interest from all sources	2016-12-31	$2,777
Total dividends received (eg from common stock, registered investment company shares)	2016-12-31	$658,022
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2016-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2016-12-31	$658,022
Was this plan covered by a fidelity bond	2016-12-31	Yes
Value of fidelity bond cover	2016-12-31	$20,000,000
If this is an individual account plan, was there a blackout period	2016-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2016-12-31	No
Contributions received from participants	2016-12-31	$1,641,652
Participant contributions at end of year	2016-12-31	$136,974
Participant contributions at beginning of year	2016-12-31	$107,740
Participant contributions at end of year	2016-12-31	$0
Participant contributions at beginning of year	2016-12-31	$51,639
Income. Received or receivable in cash from other sources (including rollovers)	2016-12-31	$1,769
Administrative expenses (other) incurred	2016-12-31	$1,062
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Value of net income/loss	2016-12-31	$2,812,947
Value of net assets at end of year (total assets less liabilities)	2016-12-31	$18,962,694
Value of net assets at beginning of year (total assets less liabilities)	2016-12-31	$16,155,349
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2016-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2016-12-31	No
Were any leases to which the plan was party in default or uncollectible	2016-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2016-12-31	$17,825,347
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2016-12-31	$15,078,705
Interest on participant loans	2016-12-31	$2,777
Value of interest in common/collective trusts at end of year	2016-12-31	$1,000,373
Value of interest in common/collective trusts at beginning of year	2016-12-31	$917,265
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2016-12-31	$793,961
Net investment gain or loss from common/collective trusts	2016-12-31	$17,818
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2016-12-31	No
Was there a failure to transmit to the plan any participant contributions	2016-12-31	No
Has the plan failed to provide any benefit when due under the plan	2016-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2016-12-31	$301,990
Did the plan have assets held for investment	2016-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2016-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2016-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2016-12-31	Disclaimer
Accountancy firm name	2016-12-31	MAYER HOFFMAN MCCANN P.C.
Accountancy firm EIN	2016-12-31	431947695
2015 : OSG BULK SHIPS, INC. 401(K) PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets	2015-12-31	$0
Total transfer of assets from this plan	2015-12-31	$32,523
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$0
Total income from all sources (including contributions)	2015-12-31	$1,571,976
Total loss/gain on sale of assets	2015-12-31	$0
Total of all expenses incurred	2015-12-31	$633,452
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2015-12-31	$632,336
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2015-12-31	$1,767,443
Value of total assets at end of year	2015-12-31	$16,155,349
Value of total assets at beginning of year	2015-12-31	$15,249,348
Total of administrative expenses incurred including professional, contract, advisory and management fees	2015-12-31	$1,116
Total interest from all sources	2015-12-31	$3,529
Total dividends received (eg from common stock, registered investment company shares)	2015-12-31	$784,543
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2015-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2015-12-31	$784,543
Was this plan covered by a fidelity bond	2015-12-31	Yes
Value of fidelity bond cover	2015-12-31	$15,000,000
If this is an individual account plan, was there a blackout period	2015-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2015-12-31	No
Contributions received from participants	2015-12-31	$1,536,136
Participant contributions at end of year	2015-12-31	$107,740
Participant contributions at beginning of year	2015-12-31	$134,635
Participant contributions at end of year	2015-12-31	$51,639
Participant contributions at beginning of year	2015-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2015-12-31	$231,307
Other income not declared elsewhere	2015-12-31	$426
Administrative expenses (other) incurred	2015-12-31	$1,116
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Value of net income/loss	2015-12-31	$938,524
Value of net assets at end of year (total assets less liabilities)	2015-12-31	$16,155,349
Value of net assets at beginning of year (total assets less liabilities)	2015-12-31	$15,249,348
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2015-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2015-12-31	No
Were any leases to which the plan was party in default or uncollectible	2015-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2015-12-31	$15,078,705
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2015-12-31	$14,216,106
Interest on participant loans	2015-12-31	$3,529
Value of interest in common/collective trusts at end of year	2015-12-31	$917,265
Value of interest in common/collective trusts at beginning of year	2015-12-31	$898,607
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2015-12-31	$-1,001,273
Net investment gain or loss from common/collective trusts	2015-12-31	$17,308
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2015-12-31	No
Was there a failure to transmit to the plan any participant contributions	2015-12-31	No
Has the plan failed to provide any benefit when due under the plan	2015-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2015-12-31	$632,336
Did the plan have assets held for investment	2015-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2015-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2015-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2015-12-31	Disclaimer
Accountancy firm name	2015-12-31	MAYER HOFFMAN MCCANN P.C.
Accountancy firm EIN	2015-12-31	431947695
2014 : OSG BULK SHIPS, INC. 401(K) PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets	2014-12-31	$0
Total transfer of assets to this plan	2014-12-31	$254,167
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
Total income from all sources (including contributions)	2014-12-31	$2,525,313
Total loss/gain on sale of assets	2014-12-31	$0
Total of all expenses incurred	2014-12-31	$1,563,235
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-12-31	$1,562,015
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-12-31	$1,425,886
Value of total assets at end of year	2014-12-31	$15,249,348
Value of total assets at beginning of year	2014-12-31	$14,033,103
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-12-31	$1,220
Total interest from all sources	2014-12-31	$9,392
Total dividends received (eg from common stock, registered investment company shares)	2014-12-31	$813,830
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2014-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2014-12-31	$813,830
Was this plan covered by a fidelity bond	2014-12-31	Yes
Value of fidelity bond cover	2014-12-31	$15,000,000
If this is an individual account plan, was there a blackout period	2014-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2014-12-31	No
Contributions received from participants	2014-12-31	$1,421,126
Participant contributions at end of year	2014-12-31	$134,635
Participant contributions at beginning of year	2014-12-31	$134,962
Income. Received or receivable in cash from other sources (including rollovers)	2014-12-31	$4,760
Administrative expenses (other) incurred	2014-12-31	$1,220
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Value of net income/loss	2014-12-31	$962,078
Value of net assets at end of year (total assets less liabilities)	2014-12-31	$15,249,348
Value of net assets at beginning of year (total assets less liabilities)	2014-12-31	$14,033,103
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2014-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2014-12-31	No
Were any leases to which the plan was party in default or uncollectible	2014-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2014-12-31	$14,216,106
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2014-12-31	$12,936,566
Interest on participant loans	2014-12-31	$9,392
Value of interest in common/collective trusts at end of year	2014-12-31	$898,607
Value of interest in common/collective trusts at beginning of year	2014-12-31	$961,575
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2014-12-31	$259,701
Net investment gain or loss from common/collective trusts	2014-12-31	$16,504
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2014-12-31	No
Was there a failure to transmit to the plan any participant contributions	2014-12-31	No
Has the plan failed to provide any benefit when due under the plan	2014-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2014-12-31	$1,562,015
Did the plan have assets held for investment	2014-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2014-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2014-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2014-12-31	Disclaimer
Accountancy firm name	2014-12-31	MAYER HOFFMAN MCCANN P.C.
Accountancy firm EIN	2014-12-31	431947695

Form 5500 Responses for OSG BULK SHIPS, INC. 401(K) PLAN

2023: OSG BULK SHIPS, INC. 401(K) PLAN 2023 form 5500 responses
2023-01-01	Type of plan entity	Single employer plan
2023-01-01	Submission has been amended	No
2023-01-01	This submission is the final filing	No
2023-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2023-01-01	Plan is a collectively bargained plan	No
2023-01-01	Plan funding arrangement – Trust	Yes
2023-01-01	Plan benefit arrangement - Trust	Yes
2022: OSG BULK SHIPS, INC. 401(K) PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: OSG BULK SHIPS, INC. 401(K) PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: OSG BULK SHIPS, INC. 401(K) PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: OSG BULK SHIPS, INC. 401(K) PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2017: OSG BULK SHIPS, INC. 401(K) PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: OSG BULK SHIPS, INC. 401(K) PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: OSG BULK SHIPS, INC. 401(K) PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: OSG BULK SHIPS, INC. 401(K) PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	OSG BULK SHIPS, INC.
Employer identification number (EIN):	132632600
NAIC Classification:	483000
NAIC Description:	Water Transportation

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
001	2024-01-01	DEANNA MARSHALL
001	2023-01-01
001	2023-01-01	DEANNA MARSHALL
001	2022-01-01
001	2022-01-01	DEANNA MARSHALL
001	2021-01-01
001	2021-01-01	DEANNA MARSHALL
001	2020-01-01
001	2019-01-01
001	2017-01-01	SUSAN LUCAS	DEANNA MARSHALL	2018-09-26
001	2016-01-01	SUSAN LUCAS
001	2015-01-01	SUSAN LUCAS
001	2014-01-01	SUSAN LUCAS