Banks Construction Company — Form 5500 filings & benefit plans

Form 5500 plan sponsor summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Banks Construction Company (EIN 57-0296227) is a plan sponsor located in North Charleston, SC with 2 reported benefit plan(s) in the loaded dataset. The latest loaded Form 5500 filing year is 2023.

Company overview (based on loaded 2023 public filings)

EIN
57-0296227
Location
North Charleston, SC
Loaded plans
2
Latest filing year
2023

Reported financial aggregate (2023)

Reported net position

Total reported assets (EOY)
$16,913,316
Total reported liabilities (EOY)
$0
Total reported net assets (EOY)
$16,913,316

Contributions & income

Employer contributions
$456,049
Participant contributions
$1,523,905
Total income / additions
$4,444,068

Expenses & distributions

Benefits paid / distributions
$1,075,868
Total expenses
$1,077,667
Net increase / (decrease)
$3,366,401

Coverage

Total reported participants
708
Plans with financial statements
1
Plans with provider compensation
1

Totals sum the latest loaded 2023 public Form 5500 filing per plan for this company's plans — one filing per plan, so multiple years are never double-counted. Figures are reported values from loaded Schedule H / I (and Schedule C for provider compensation); fields a plan did not report are treated as missing, not zero. These are not audited or official totals.

Largest loaded plans by reported assets

Banks Construction Company plans by reported end-of-year assets
PlanPlan #ParticipantsReported assets (EOY)Year
Banks Construction Company Profit Sharing /401(K) Plan003478$16,913,3162023
Banks Construction Company Employee Benefit Plan501230not reported in the loaded dataset2023

Search all 2 loaded plans for this company →

Latest loaded filings

Most recent loaded Form 5500 filings for Banks Construction Company
YearPlanParticipantsSchedulesFiling
2023Banks Construction Company Employee Benefit Plan23020240820060534NAL0001548051001
2023Banks Construction Company Profit Sharing /401(K) Plan478H, C20240926122432NAL0000422003001

Related Form 5500 pages