Banner Health Employees 401(K) Plan — Form 5500 plan (Banner Health)

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 Health Employees 401(K) Plan is a benefit plan reported by Banner Health under EIN 45-0233470 and plan number 002. The latest loaded filing year is 2023. The filing reports 69,301 participants and $4,270,882,725 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Banner Health
EIN
45-0233470
Plan number
002
Plan type
2
Location
Phoenix, AZ
Latest filing year
2023
Participants
69,301
End-of-year plan assets
$4,270,882,725

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202369,301H, C20241010090143NAL0011318243001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$4,270,882,725
Total liabilities (EOY)
$0
Net assets (EOY)
$4,270,882,725
Net assets (BOY)
$3,566,847,679

Income & contributions

Employer contributions
$119,485,391
Participant contributions
$278,314,352
Total contributions
$433,981,967
Total income / additions
$1,067,234,873

Expenses & distributions

Benefits paid
$357,983,271
Administrative expenses
$4,062,254
Total expenses
$363,199,827
Net increase / (decrease)
$704,035,046

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Inv. Inst. Ops.Co,Inc.NONE$2,368,940$02023
Strategic Advisors, Inc.NONE$1,698,382not reported in the loaded dataset2023
Banner HealthNONE$5,035not reported in the loaded dataset2023

Related Form 5500 pages