Banning Engineering Employee Stock Ownership Plan — Form 5500 plan (Banning Engineering, 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, Banning Engineering Employee Stock Ownership Plan is a benefit plan reported by Banning Engineering, Inc. under EIN 35-1918080 and plan number 002. The latest loaded filing year is 2023. The filing reports 48 participants and $3,290,000 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)-$3.9MPlan net assets, end of year-$3,910,000
Participants48Covered participants reported
Assets / participant$68.5KComputed: assets ÷ participants$68,542 (computed)
Provider compensationNone reported
- Plan sponsor
- Banning Engineering, Inc.
- EIN
- 35-1918080
- Plan number
- 002
- Plan type
- 2
- Location
- Plainfield, IN
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 48 | I | 20241001125819NAL0013979442001 |
Schedule I · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$3.3M total assets
Net assets-$3.9MLiabilities$7.2M
Full reported line items
Net assets
- Total assets (EOY)
- $3,290,000
- Total liabilities (EOY)
- $7,200,000
- Net assets (EOY)
- -$3,910,000
- Net assets (BOY)
- -$5,590,000
Income & contributions
- Employer contributions
- $476,285
- Total income / additions
- $1,756,285
Expenses & distributions
- Benefits paid
- $0
- Total expenses
- $76,285
- Net increase / (decrease)
- $1,680,000
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.