Banyan Software Retirement Plan — Form 5500 plan (Banyan Software Holdings, LLC)
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 Software Retirement Plan is a benefit plan reported by Banyan Software Holdings, LLC under EIN 85-3636022 and plan number 001. The latest loaded filing year is 2023. The filing reports 359 participants and $22,308,721 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Banyan Software Holdings, LLC
- EIN
- 85-3636022
- Plan number
- 001
- Plan type
- 2
- Location
- Atlanta, GA
- Latest filing year
- 2023
- Participants
- 359
- End-of-year plan assets
- $22,308,721
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 359 | H, C | 20241014220004NAL0028355073001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $22,308,721
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $22,308,721
- Net assets (BOY)
- $13,348,265
Income & contributions
- Employer contributions
- $1,085,872
- Participant contributions
- $2,765,460
- Total contributions
- $7,651,155
- Total income / additions
- $10,638,682
Expenses & distributions
- Benefits paid
- $1,586,389
- Administrative expenses
- $91,837
- Total expenses
- $1,678,226
- Net increase / (decrease)
- $8,960,456
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $44,052 | $0 | 2023 |
| Alera Investment Advisors LLC | ADVISOR | $39,049 | not reported in the loaded dataset | 2023 |
| Strategic Advisors, Inc. | ADVISOR | $8,736 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Banyan Software Holdings, LLC
- 2023 Form 5500 filing
- Form 5500 filings in GA
- 401(k) and benefit plan filings in Atlanta, GA
- Fidelity Investments Institutional — Schedule C compensation
- Alera Investment Advisors LLC — Schedule C compensation
- Strategic Advisors, Inc. — Schedule C compensation