401(k) · DOL Form 5500 · 2022

Banner Corporation 401(k) Plan

Data updated 2026-08-11

$194M
Total assets
1,941
Participants
96th
Percentile by assets
$99,914
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Banner Corporation 401(k)/Profit Sharing Plan · Sponsored by Banner Corporation · Washington · Finance & Insurance

$194M in assets, 1,941 participants

Banner Corporation's Banner Corporation 401(k)/Profit Sharing Plan reported $194M in total assets and 1,941 participants in its 2022 DOL Form 5500 filing, ranking in the 96th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 96th percentile by assets (of 139,126 plans)
  • #8,556 in Finance & Insurance (9,261 peers)

Where Banner Corporation 401(k)/Profit Sharing Plan sits by assets

Banner Corporation 401(k)/Profit Sharing Plan sits in the top 5% of all filed plans by assets, $194M for 1,941 participants (~$99,914/participant), down 19.2% in 2022.

$194M
total plan assets (2022 EOY)
1,941
covered participants
96th
percentile by assets (of 139,126 plans)
$99,914
avg assets per participant

The plan reported a net loss of $46M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Banner Corporation 401(k)/Profit Sharing Plan vs the 2022 asset distribution

By assets, Banner Corporation 401(k)/Profit Sharing Plan outranks 96% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.9x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$240M
Net Assets (End of Year)$194M
Net Income-$46M
Employer EIN911691604
Plan Effective Date1972-11-20
Filing StatusFILING RECEIVED

Sponsor Plan History (Banner Corporation)

$180M$200M$220M$240M$260M$280M 202220232024 $194M $259M ▲ +33.4%
Total plan assets by year, all Banner Corporation plans on file
Year Plans Participants Total Assets
2022 1 1,941 $194M
2023 1 1,921 $229M
2024 1 1,915 $259M

Nearby 401(k) Plans in Washington

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Banner Corporation 401(k)/Profit Sharing Plan vs. nearby 401(k) plans in Washington, assets vs. participants

Banner Corporation 401(k)/Profit Sharing Plan vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -500000050000010000001500000 -20020406080 Total assets ($B) Participants Banner Corporation 4…The Boeing Company 4…Microsoft Corporatio…Costco 401(k) Retire…Amazon 401(k) PlanT-Mobile USA, Inc. 4…
Banner Corporation 401(k)/Profit Sharing Plan vs. nearby 401(k) plans in Washington, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Banner Corporation 401(k)/Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Banner Corporation 401(k)/Profit Sharing Plan assets move in 2022?
Banner Corporation 401(k)/Profit Sharing Plan declined sharply - down 19.2% during 2022, from $240M to $194M. Reported net income was -$46M.
How have Banner Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Banner Corporation's sponsor-wide assets grew 33.3%, from $194M to $259M.
Where does Banner Corporation 401(k)/Profit Sharing Plan rank by assets among Form 5500 filers?
Banner Corporation 401(k)/Profit Sharing Plan ranks in the 96th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Banner Corporation 401(k)/Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Savings Plan for Senior Attorneys and Associates of Cravath, Swaine & Moore LLP in NY ($194M, 409 participants).

Next read for Banner Corporation 401(k)/Profit Sharing…

Scale reading

Ways to act on Banner Corporation 401(k)/Profit Sharing Plan's numbers.