2023 Form 5500 filing — Bana Solutions 401(K) Plan

Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240815145437NAL0028088738001) for Bana Solutions 401(K) Plan, reported by Bana Solutions, LLC under EIN 47-2259410 and plan number 001. It reports 70 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$8.5MReported net assets$8,499,451
Participants70
Provider compensationNone reported
Schedules filedSchedule ILoaded schedules
EFAST2 acknowledgement
20240815145437NAL0028088738001
Plan sponsor
Bana Solutions, LLC
EIN
47-2259410
Plan number
001
Location
Mclean, VA
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
Schedule I · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$8.5M total assets
Net assets$8.5MLiabilities$0
Money in vs. money out
Total income / additions$2.7M
Total expenses$170.6K
Benefits paid / distributions$132.7K
Contributions
Employer$368.1K
Participant$896.1K
Full reported line items
Total assets (EOY)
$8,499,451
Total liabilities (EOY)
$0
Net assets (EOY)
$8,499,451
Employer contributions
$368,131
Participant contributions
$896,142
Total income / additions
$2,679,448
Benefits paid
$132,705
Administrative expenses
$37,906
Total expenses
$170,611
Net increase / (decrease)
$2,508,837

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240815145437NAL0028088738001 cover?
It is the 2023 Form 5500 filing for Bana Solutions 401(K) Plan, reported by Bana Solutions, LLC (EIN 47-2259410).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule I (small plan financials).

Related Form 5500 pages