Plan5500

Banner Engineering Corp. Profit Sharing Retirement Savings Plan And Trust — Form 5500 plan (Banner Engineering Corp)

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 Engineering Corp. Profit Sharing Retirement Savings Plan And Trust is a benefit plan reported by Banner Engineering Corp under EIN 41-0907221 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,741 participants and $176,297,416 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Banner Engineering Corp
EIN
41-0907221
Plan number
002
Plan type
2
Location
Plymouth, MN
Latest filing year
2023
Participants
1,741
End-of-year plan assets
$176,297,416

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,741H, C20240729145838NAL0041388482001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$176,297,416
Total liabilities (EOY)
$0
Net assets (EOY)
$176,297,416
Net assets (BOY)
$156,940,993

Income & contributions

Employer contributions
$4,094,835
Participant contributions
$7,628,258
Total contributions
$13,029,795
Total income / additions
$43,014,237

Expenses & distributions

Benefits paid
$23,423,177
Administrative expenses
$234,637
Total expenses
$23,657,814
Net increase / (decrease)
$19,356,423

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Vanguard Group Inc.not reported in the loaded dataset$130,516not reported in the loaded dataset2023
Vanguard Advisers Inc.not reported in the loaded dataset$60,017not reported in the loaded dataset2023
Usi Advisors, Inc.not reported in the loaded dataset$44,997not reported in the loaded dataset2023

Related Form 5500 pages