2023 Form 5500 filing — Byline Bancorp, Inc. 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 20240808123743NAL0008598800001) for Byline Bancorp, Inc. 401(K) Plan, reported by Byline Bancorp, Inc. under EIN 36-3012593 and plan number 002. It reports 1,327 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240808123743NAL0008598800001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Byline Bancorp, Inc.
- EIN
- 36-3012593
- Plan number
- 002
- Location
- Chicago, IL
- Participants
- 1,327
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $75,162,740
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $75,162,740
- Employer contributions
- $3,299,610
- Participant contributions
- $7,338,530
- Total income / additions
- $26,204,234
- Benefits paid
- $5,931,204
- Administrative expenses
- $154,475
- Total expenses
- $6,085,679
- Net increase / (decrease)
- $20,118,555
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $137,580 | $0 |
| Morgan Stanley Global Banking Opera | CONTRACT ADMINISTRATOR | $16,895 | $51,176 |