Banyan Medical Systems, Inc. 401(K) Plan — Form 5500 plan (Banyan Medical Systems, Inc.)
Plain-English plan 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, Banyan Medical Systems, Inc. 401(K) Plan is a benefit plan reported by Banyan Medical Systems, Inc. under EIN 20-5593461 and plan number 001. The latest loaded filing year is 2023. The filing reports 508 participants and $2,554,516 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Banyan Medical Systems, Inc.
- EIN
- 20-5593461
- Plan number
- 001
- Plan type
- 2
- Location
- Omaha, NE
- Latest filing year
- 2023
- Participants
- 508
- End-of-year plan assets
- $2,554,516
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 508 | H, C | 20241011144559NAL0011039267001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $2,554,516
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,554,516
- Net assets (BOY)
- $1,480,658
Income & contributions
- Employer contributions
- $189,775
- Participant contributions
- $603,516
- Total contributions
- $1,040,971
- Total income / additions
- $1,407,657
Expenses & distributions
- Benefits paid
- $300,710
- Administrative expenses
- $33,089
- Total expenses
- $333,799
- Net increase / (decrease)
- $1,073,858
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Adp Retirement Services | RECORDKEEPER | $12,057 | $0 | 2023 |
| Edward D Jones | RIA | $7,907 | $0 | 2023 |
| John Hancock Life Insurance Company | RECORDKEEPER | $1,675 | $0 | 2023 |
| Wilshire Associates | RIA | $316 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Banyan Medical Systems, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in NE
- 401(k) and benefit plan filings in Omaha, NE
- Adp Retirement Services — Schedule C compensation
- Edward D Jones — Schedule C compensation
- John Hancock Life Insurance Company — Schedule C compensation
- Wilshire Associates — Schedule C compensation