Banner Service Corporation 401(K) Plan — Form 5500 plan (Banner Service Corporation)
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, Banner Service Corporation 401(K) Plan is a benefit plan reported by Banner Service Corporation under EIN 36-2471585 and plan number 002. The latest loaded filing year is 2023. The filing reports 406 participants and $17,442,957 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Banner Service Corporation
- EIN
- 36-2471585
- Plan number
- 002
- Plan type
- 2
- Location
- Carol Stream, IL
- Latest filing year
- 2023
- Participants
- 406
- End-of-year plan assets
- $17,442,957
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 406 | H, C | 20241015225313NAL0051596912001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $17,442,957
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $17,442,957
- Net assets (BOY)
- $15,165,369
Income & contributions
- Employer contributions
- $511,333
- Participant contributions
- $1,658,035
- Total contributions
- $2,171,334
- Total income / additions
- $4,862,212
Expenses & distributions
- Benefits paid
- $2,505,581
- Administrative expenses
- $67,787
- Total expenses
- $2,584,624
- Net increase / (decrease)
- $2,277,588
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Merrill Lynch Pierce Fenner & Smith | INVESTMENT ADVISOR | $43,008 | $273 | 2023 |
| Adp, Inc. | RECORD KEEPER | $24,777 | $0 | 2023 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 | 2023 |