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, Bnccorp, Inc. 401(K) Savings Plan is a benefit plan reported by Bnccorp, Inc. under EIN 45-0402816 and plan number 001. The latest loaded filing year is 2023. The filing reports 395 participants and $37,551,423 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $37,551,423
- Total liabilities (EOY)
- $14,014
- Net assets (EOY)
- $37,537,409
- Net assets (BOY)
- $38,314,315
Income & contributions
- Employer contributions
- $467,918
- Participant contributions
- $1,485,369
- Total contributions
- $2,203,363
- Total income / additions
- $8,349,361
Expenses & distributions
- Benefits paid
- $9,126,267
- Total expenses
- $9,126,267
- Net increase / (decrease)
- -$776,906