2023 Form 5500 filing — Banner Service Corporation 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 20241015225313NAL0051596912001) for Banner Service Corporation 401(K) Plan, reported by Banner Service Corporation under EIN 36-2471585 and plan number 002. It reports 406 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015225313NAL0051596912001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Banner Service Corporation
- EIN
- 36-2471585
- Plan number
- 002
- Location
- Carol Stream, IL
- Participants
- 406
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $17,442,957
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $17,442,957
- Employer contributions
- $511,333
- Participant contributions
- $1,658,035
- Total income / additions
- $4,862,212
- Benefits paid
- $2,505,581
- Administrative expenses
- $67,787
- Total expenses
- $2,584,624
- Net increase / (decrease)
- $2,277,588
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Merrill Lynch Pierce Fenner & Smith | INVESTMENT ADVISOR | $43,008 | $273 |
| Adp, Inc. | RECORD KEEPER | $24,777 | $0 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 |