401(k) · DOL Form 5500 · 2022

Banyan Air Services, Inc. 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
159
Participants Small participant base
71st
Percentile by assets National rank
$87,431
Avg per participant Below avg balance/head
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Official DOL plan name: Banyan Air Services, Inc. 401(k) Plan · Sponsored by Banyan Air Services, Inc. · Florida · Transportation & Warehousing

$14M in assets, 159 participants

Banyan Air Services, Inc.'s Banyan Air Services, Inc. 401(k) Plan reported $14M in total assets and 159 participants in its 2022 DOL Form 5500 filing, ranking in the 71st 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.

  • #2,822 in Transportation & Warehousing (3,876 peers)

Coverage in Florida

Banyan Air Services, Inc. 401(k) Plan covers 159 participants in Florida, about 25% of the average Florida filer (state average ~628 per filing). Assets: $14M.

#2,822
in Transportation & Warehousing (3,876 peers)
-12.5%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Banyan Air Services, Inc. 401(k) Plan's outsized position by total assets

Banyan Air Services, Inc. 401(k) Plan vs every filed plan by assets

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

$13,901,562 Top 29% higher than 71% 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

Banyan Air Services, Inc. 401(k) 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. Banyan Air Services, Inc. 401(k) Plan sits mid-pack in the medium band (159 participants).

Plan-year Form 5500 strip

Filing strip 591922446 · Banyan Air Services, Inc. PY 2022 · 401(k)

Banyan Air Services, Inc. 401(k) Plan · $14M · 159 · 71st

  • EIN $14M
  • EIN 159
  • EIN 71st
  • EIN 401(k)
  • EIN near Hlt 401(k) Plan
  • EIN ind #2822

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 Transportation & Warehousing retirement plans → · Plans in Florida →

Banyan Air Services, Inc. 401(k) Plan in the asset neighbourhood

Banyan Air Services, Inc. 401(k) PlanBanyan Air Services, Inc. 40…$14MHlt 401(k) Plan$14MLpr Construction Co. Profit Sharing Plan with 401(k) ArrangementLpr Construction Co. Profit …$14MThe Farber Companies 401(k) Profit Sharing PlanThe Farber Companies 401(k) …$14MCountry Life, LLC 401(k) Plan$14M
End-of-year total assets ($M) among Banyan Air Services, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Florida filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$14M
Net Income-$2M
Employer EIN591922446
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Banyan Air Services, Inc.)

Sponsor-wide plan assets over time

All Banyan Air Services, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$19M 38.831406139828026% vs 2022
2024 filing year
$12M$14M$16M$18M$20M 202220232024 $13.9M $19.3M ▲ +38.8%
Year Plans Participants Total Assets
2022 1 159 $14M
2023 1 182 $17M
2024 1 191 $19M

Nearby 401(k) Plans in Florida

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

Banyan Air Services, Inc. 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -5051015 Total assets ($B) Participants Banyan Air Services, Inc. 401(k) Plan, Total assets ($B): 0.013901562 · Participants: 159Banyan Air Services, Inc. 401(k) PlanL3harris Retirement Savings Plan, Total assets ($B): 12.863481581 · Participants: 41096L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pricewatercoopers LLP, Total assets ($B): 9.121428518 · Participants: 50354Savings Plan for Employees and Partners of Pricewatercoopers LLPAdp Totalsource Retirement Savings Plan, Total assets ($B): 6.687694478 · Participants: 287453Adp Totalsource Retirement Savings PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 6.05990007 · Participants: 176752Publix Super Markets, Inc. 401(k) Smart PlanNextera Energy, Inc. Employee Retirement Savings Plan, Total assets ($B): 5.44531949 · Participants: 14889Nextera Energy, Inc. Employee Retirement Savings Plan
Banyan Air Services, Inc. 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants
Compare Banyan Air Services, Inc. 401(k) Plan side-by-side with 3 peers →

Banyan Air Services, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Florida, the nearest 401(k) by assets is Hlt 401(k) Plan in TX ($14M); by covered participants it is Sms Transportation Services, Inc. 401(k) Profit Sharing Plan and Trust in CA (159 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($14M here).

Similar participant headcount

Nearest other-state filings by covered participants (159 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 Banyan Air Services, Inc. 401(k) Plan assets move in 2022? ▼
Banyan Air Services, Inc. 401(k) Plan pulled back noticeably - down 12.5% during 2022, from $16M to $14M. Reported net income was -$2M.
How have Banyan Air Services, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Banyan Air Services, Inc.'s sponsor-wide assets grew 38.8%, from $14M to $19M.
Which 401(k) plans are similar in size to Banyan Air Services, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Hlt 401(k) Plan in TX ($14M, 732 participants).
Which 401(k) plans cover a similar participant headcount to Banyan Air Services, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Sms Transportation Services, Inc. 401(k) Profit Sharing Plan and Trust in CA (159 participants, $171K in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 591922446.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.