Banner & Witcoff, Ltd. 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Banner & Witcoff, Ltd.)
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 & Witcoff, Ltd. 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Banner & Witcoff, Ltd. under EIN 36-4008943 and plan number 001. The latest loaded filing year is 2023. The filing reports 419 participants and $176,795,800 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$176.8MPlan net assets, end of year$176,795,800
Participants419Covered participants reported
Assets / participant$421.9KComputed: assets ÷ participants$421,947 (computed)
Provider compensationNone reported1 Schedule C provider row(s)
- Plan sponsor
- Banner & Witcoff, Ltd.
- EIN
- 36-4008943
- Plan number
- 001
- Plan type
- 2
- Location
- Chicago, IL
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 419 | H, C | 20241014182441NAL0015415763001 |
Schedule H · 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)$176.8M total assets
Net assets$176.8MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $176,795,800
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $176,795,800
- Net assets (BOY)
- $141,917,839
Income & contributions
- Employer contributions
- $3,605,715
- Participant contributions
- $2,836,171
- Total contributions
- $8,414,916
- Total income / additions
- $39,543,621
Expenses & distributions
- Benefits paid
- $5,880,289
- Administrative expenses
- $3,806
- Total expenses
- $5,884,095
- Net increase / (decrease)
- $33,659,526
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
56%44%
Employer 56%Participant 44%
Total expenses ÷ net assets3%Computed ratio
Benefits paid ÷ total income15%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments | RECORDKEEPER | $0 | $0 | 2023 |