Banner 401(K) Plan — Form 5500 plan (Banner Of N.O., L.L.C.)

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 401(K) Plan is a benefit plan reported by Banner Of N.O., L.L.C. under EIN 72-1085432 and plan number 001. The latest loaded filing year is 2023. The filing reports 268 participants and $12,777,213 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Banner Of N.O., L.L.C.
EIN
72-1085432
Plan number
001
Plan type
2
Location
New Orleans, LA
Latest filing year
2023
Participants
268
End-of-year plan assets
$12,777,213

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023268H, C20241009173258NAL0031993392001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$12,777,213
Total liabilities (EOY)
$19,672
Net assets (EOY)
$12,757,541
Net assets (BOY)
$10,801,645

Income & contributions

Employer contributions
$156,854
Participant contributions
$1,074,023
Total contributions
$1,244,755
Total income / additions
$2,899,038

Expenses & distributions

Benefits paid
$876,774
Administrative expenses
$66,368
Total expenses
$943,142
Net increase / (decrease)
$1,955,896

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Stancorp Financial GroupNONE$40,526$4,7572023
Prospera Financial Services, Inc.NONE$22,010not reported in the loaded dataset2023

Related Form 5500 pages