Plan5500

Banyan Retirement Plan — Form 5500 plan (Banyan Health Systems, Inc.)

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, Banyan Retirement Plan is a benefit plan reported by Banyan Health Systems, Inc. under EIN 65-0373584 and plan number 002. The latest loaded filing year is 2023. The filing reports 517 participants and $2,573,973 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Banyan Health Systems, Inc.
EIN
65-0373584
Plan number
002
Plan type
2
Location
Miami, FL
Latest filing year
2023
Participants
517
End-of-year plan assets
$2,573,973

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023517H, C20241011152417NAL0012697683003

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$2,573,973
Net assets (EOY)
$2,573,973
Net assets (BOY)
$1,871,743

Income & contributions

Employer contributions
$79,104
Participant contributions
$447,085
Total contributions
$526,189
Total income / additions
$816,048

Expenses & distributions

Benefits paid
$94,200
Administrative expenses
$19,618
Total expenses
$113,818
Net increase / (decrease)
$702,230

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurancenot reported in the loaded dataset$5,428$02023
NationwideRECORDKEEPERnot reported in the loaded datasetnot reported in the loaded dataset2023
Raymond JamesINVESTMENT ADVISORnot reported in the loaded datasetnot reported in the loaded dataset2023
Definiti LLCTHIRD PARTY ADMINISTRATORnot reported in the loaded datasetnot reported in the loaded dataset2023

Related Form 5500 pages