401(k) · DOL Form 5500 · 2022

Bank Administration Institute 401(k) Plan

Data updated 2026-08-25

$29M
Total assets Below avg plan size
106
Participants Small participant base
83rd
Percentile by assets National rank
$276,752
Avg per participant High balance/head
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Official DOL plan name: Bai Smart Plan · Sponsored by Bank Administration Institute · Illinois · Other Services

$29M in assets, 106 participants

Bank Administration Institute's Bai Smart Plan reported $29M in total assets and 106 participants in its 2022 DOL Form 5500 filing, ranking in the 83rd 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.

  • #7,658 in Other Services (8,398 peers)

Coverage in Illinois

Bai Smart Plan covers 106 participants in Illinois, about 14% of the average Illinois filer (state average ~779 per filing). Assets: $29M.

#7,658
in Other Services (8,398 peers)
-13.4%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Bai Smart Plan's outsized position by total assets

Bai Smart Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$29,335,755 Top 17% higher than 83% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Bai Smart Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bai Smart Plan sits mid-pack in the medium band (106 participants).

EBSA filing schedule strip

Filing strip 363330171 · Bank Administration Institute PY 2022 · 401(k)

Bai Smart Plan · $29M · 106 · 83rd

  • PART $29M
  • TYPE 106
  • NET 83rd
  • BOOK 401(k)
  • VS-ST near First Community Credit Union 401(k) Retirement Plan
  • BOY ind #7658

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Other Services retirement plans → · Plans in Illinois →

Bai Smart Plan in the asset neighbourhood

Bai Smart Plan$29MFirst Community Credit Union 401(k) Retirement PlanFirst Community Credit Union…$29MCora Health Services Retirement Salary Savings PlanCora Health Services Retirem…$29MMehaffy & Weber, P. C. 401(k) PlanMehaffy & Weber, P. C. 401(k…$29MStallion Oilfield Services Ltd 401(k) PlanStallion Oilfield Services L…$29M
End-of-year total assets ($M) among Bai Smart Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Illinois filing particulars

Total Assets (Beginning of Year)$34M
Net Assets (End of Year)$29M
Net Income-$5M
Employer EIN363330171
Plan Effective Date1966-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bank Administration Institute)

Sponsor-wide plan assets over time

All Bank Administration Institute plans reported in each filing year

Latest sponsor-wide plan assets
$42M 43.75737389407568% vs 2022
2024 filing year
$25M$30M$35M$40M$45M 202220232024 $29.3M $42.2M ▲ +43.7%
Year Plans Participants Total Assets
2022 1 106 $29M
2023 1 115 $36M
2024 1 122 $42M

Nearby 401(k) Plans in Illinois

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

Bai Smart Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Bai Smart Plan, Total assets ($B): 0.029335755 · Participants: 106Bai Smart PlanState Farm 401(k) Savings Plan, Total assets ($B): 14.651519685 · Participants: 53616State Farm 401(k) Savings PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 14.283954811 · Participants: 66653Accenture United States 401(k) Match and Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 13.333286 · Participants: 36136Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 11.816542826 · Participants: 13437United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 11.682551768 · Participants: 238072Walgreens Retirement Savings Plan
Bai Smart Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Bai Smart Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is First Community Credit Union 401(k) Retirement Plan in TX ($29M); by covered participants it is Integrated Laboratory Systems, LLC 401(k) Plan in NC (106 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (106 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Bai Smart Plan assets move in 2022?
Bai Smart Plan pulled back noticeably - down 13.4% during 2022, from $34M to $29M. Reported net income was -$5M.
How have Bank Administration Institute plan assets changed over time?
Across 3 plan years on file (2022-2024), Bank Administration Institute's sponsor-wide assets grew 43.8%, from $29M to $42M.
Where does Bai Smart Plan rank by assets among Form 5500 filers?
Bai Smart Plan ranks in the 83rd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Bai Smart Plan?
Among 401(k) plans in other states, the closest by assets is First Community Credit Union 401(k) Retirement Plan in TX ($29M, 354 participants).
Which 401(k) plans cover a similar participant headcount to Bai Smart Plan?
Among 401(k) plans in other states, the closest by covered participants is Integrated Laboratory Systems, LLC 401(k) Plan in NC (106 participants, N/A in assets).