401(k) · DOL Form 5500 · 2022

Bei Engineering Group Inc. Dba Banks Engineering 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
82
Participants Small participant base
54th
Percentile by assets National rank
$71,235
Avg per participant Below avg balance/head
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Official DOL plan name: Banks Engineering 401(k) Savings Plan · Sponsored by Bei Engineering Group Inc. Dba Banks Engineering · Florida · Professional & Technical Services

$6M in assets, 82 participants

Bei Engineering Group Inc. Dba Banks Engineering's Banks Engineering 401(k) Savings Plan reported $6M in total assets and 82 participants in its 2022 DOL Form 5500 filing, ranking in the 54th 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.

  • #11,161 in Professional & Technical Services (21,562 peers)

Bei Engineering Group Inc. Dba Banks Engineering multi-year trail

Bei Engineering Group Inc. Dba Banks Engineering's plans moved +27.3% in assets from 2022 to 2023; this filing shows Banks Engineering 401(k) Savings Plan at $6M / 82 participants.

#11,161
in Professional & Technical Services (21,562 peers)
-22.4%
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.

Banks Engineering 401(k) Savings Plan's mid-pack asset rank among Professional & Technical Services and all filers

Banks Engineering 401(k) Savings Plan vs every filed plan by assets

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

$5,841,246 Top 46% higher than 54% 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

Banks Engineering 401(k) Savings Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Banks Engineering 401(k) Savings Plan is a small filing (82 participants) on this national headcount ladder.

Form 5500 schedule snapshot

Filing strip 203507657 · Bei Engineering Group Inc. Dba Banks Engineering PY 2022 · 401(k)

Banks Engineering 401(k) Savings Plan · $6M · 82 · 54th

  • IND $6M
  • EOY 82
  • 5500 54th
  • ASSETS 401(k)
  • PCT near Glasser & Macon 401(k) Profit Sharing Plan
  • EIN ind #11161

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 Professional & Technical Services retirement plans → · Plans in Florida →

Banks Engineering 401(k) Savings Plan in the asset neighbourhood

Banks Engineering 401(k) Savings PlanBanks Engineering 401(k) Sav…$6MGlasser & Macon 401(k) Profit Sharing PlanGlasser & Macon 401(k) Profi…$6MWinco 401(k) Profit Sharing PlanWinco 401(k) Profit Sharing …$6MLeapfrog Services, Inc. 401(k) Profit Sharing PlanLeapfrog Services, Inc. 401(…$6MWade Sand and Gravel Company, Inc. Profit Sharing, Salary Deduction and Thrift PlanWade Sand and Gravel Company…$6M
End-of-year total assets ($M) among Banks Engineering 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Bei Engineering Group Inc. Dba Banks Engineering multi-year asset trail

Sponsor-wide plan assets over time

All Bei Engineering Group Inc. Dba Banks Engineering plans reported in each filing year

Latest sponsor-wide plan assets
$7M 27.33829391879746% vs 2022
2023 filing year
$5.5M$6M$6.5M$7M$7.5M$8M 20222023 $5.84M $7.44M ▲ +27.4%
Year Plans Participants Total Assets
2022 1 82 $6M
2023 1 86 $7M

Bei Engineering Group Inc. Dba Banks Engineering filing trail (2022)

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$6M
Net Income-$2M
Employer EIN203507657
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Florida

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

Banks Engineering 401(k) Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -5051015 Total assets ($B) Participants Banks Engineering 401(k) Savings Plan, Total assets ($B): 0.005841246 · Participants: 82Banks Engineering 401(k) Savings 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
Banks Engineering 401(k) Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants
Compare Banks Engineering 401(k) Savings Plan side-by-side with 3 peers →

Banks Engineering 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Florida, the nearest 401(k) by assets is Glasser & Macon 401(k) Profit Sharing Plan in VA ($6M); by covered participants it is Electrical Production Services, Inc. 401(k) Plan in MN (82 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (82 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 Banks Engineering 401(k) Savings Plan assets move in 2022? ▼
Banks Engineering 401(k) Savings Plan declined sharply - down 22.4% during 2022, from $8M to $6M. Reported net income was -$2M.
How have Bei Engineering Group Inc. Dba Banks Engineering plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Bei Engineering Group Inc. Dba Banks Engineering's sponsor-wide assets grew 27.3%, from $6M to $7M.
Which 401(k) plans are similar in size to Banks Engineering 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Glasser & Macon 401(k) Profit Sharing Plan in VA ($6M, 7 participants).
Which 401(k) plans cover a similar participant headcount to Banks Engineering 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Electrical Production Services, Inc. 401(k) Plan in MN (82 participants, $5M 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 203507657.

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.