401(k) · DOL Form 5500 · 2022

Langley & Banack, Inc. 401(k) Plan

Data updated 2026-08-25

$27M
Total assets Below avg plan size
136
Participants Small participant base
81st
Percentile by assets National rank
$199,536
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Langley & Banack, Incorporated Employees Profit Sharing Plan and Trust · Sponsored by Langley & Banack, Inc. · Texas · Professional & Technical Services

$27M in assets, 136 participants

Langley & Banack, Inc.'s Langley & Banack, Incorporated Employees Profit Sharing Plan and Trust reported $27M in total assets and 136 participants in its 2022 DOL Form 5500 filing, ranking in the 81st 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.

  • #17,703 in Professional & Technical Services (21,562 peers)

Coverage in Texas

Langley & Banack, Incorporated Employees Profit Sharing Plan and Trust covers 136 participants in Texas, about 20% of the average Texas filer (state average ~688 per filing). Assets: $27M.

#17,703
in Professional & Technical Services (21,562 peers)
-15.9%
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.

Langley & Banack, Incorporated Employees Profit Sharing Plan and Trust's outsized position by total assets

Langley & Banack, Incorporated Employees Profit Sharing Plan and Trust vs every filed plan by assets

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

$27,136,922 Top 19% higher than 81% 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

Langley & Banack, Incorporated Employees Profit Sharing Plan and Trust 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. Langley & Banack, Incorporated Employees Profit Sharing Plan and Trust sits mid-pack in the medium band (136 participants).

Form 5500 schedule snapshot

Filing strip 742407279 · Langley & Banack, Inc. PY 2022 · 401(k)

Langley & Banack, Incorporated Employees Profit Sharing Plan and Trust · $27M · 136 · 81st

  • PHOTO $27M
  • PHOTO 136
  • PHOTO 81st
  • PHOTO 401(k)
  • PHOTO near Grant Street Group, Inc. 401(k) Plan
  • PHOTO ind #17703

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 Texas →

Langley & Banack, Incorporated Employees Profit Sharing Plan and Trust in the asset neighbourhood

Langley & Banack, Incorporated Employees Profit Sharing Plan and TrustLangley & Banack, Incorporat…$27MGrant Street Group, Inc. 401(k) PlanGrant Street Group, Inc. 401…$27MThe Hiebing Group, Inc. Retirement Savings and Profit Sharing TrustThe Hiebing Group, Inc. Reti…$27MCorporate America Family Credit Union 401(k) PlanCorporate America Family Cre…$27MAnika Therapeutics, Inc. 401(k) PlanAnika Therapeutics, Inc. 401…$27M
End-of-year total assets ($M) among Langley & Banack, Incorporated Employees Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Texas filing particulars

Total Assets (Beginning of Year)$32M
Net Assets (End of Year)$27M
Net Income-$5M
Employer EIN742407279
Plan Effective Date1986-04-09
Filing StatusFILING RECEIVED

Sponsor Plan History (Langley & Banack, Inc.)

Sponsor-wide plan assets over time

All Langley & Banack, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$34M 24.455172182018284% vs 2022
2024 filing year
$26M$28M$30M$32M$34M$36M 202220232024 $27.1M $33.8M ▲ +24.4%
Year Plans Participants Total Assets
2022 1 136 $27M
2023 1 136 $30M
2024 1 136 $34M

Nearby 401(k) Plans in Texas

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

Langley & Banack, Incorporated Employees Profit Sharing Plan and Trust vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -10010203040 Total assets ($B) Participants Langley & Banack, Incorporated Employees Profit Sharing Plan and Trust, Total assets ($B): 0.027136922 · Participants: 136Langley & Banack, Incorporated Employees Profit Sharing Plan and TrustAT&T Retirement Savings Plan, Total assets ($B): 37.578871 · Participants: 144503AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.266 · Participants: 23619Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 13.794958016 · Participants: 38538Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 12.806443202 · Participants: 85577American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 11.969059 · Participants: 47532Dell Inc. 401(k) Plan
Langley & Banack, Incorporated Employees Profit Sharing Plan and Trust vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Langley & Banack, Incorporated Employees Profit Sharing Plan and Trust side-by-side with 3 peers →

Langley & Banack, Incorporated Employees Profit Sharing Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Grant Street Group, Inc. 401(k) Plan in PA ($27M); by covered participants it is Berger and Burrow Enterprises, Inc. D/B/a Dynamic Mobile Imaging 401(k) Plan in VA (136 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (136 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 Langley & Banack, Incorporated Employees Profit Sharing Plan and Trust assets move in 2022? ▼
Langley & Banack, Incorporated Employees Profit Sharing Plan and Trust declined sharply - down 15.9% during 2022, from $32M to $27M. Reported net income was -$5M.
How have Langley & Banack, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Langley & Banack, Inc.'s sponsor-wide assets grew 24.5%, from $27M to $34M.
Where does Langley & Banack, Incorporated Employees Profit Sharing Plan and Trust rank by assets among Form 5500 filers? ▼
Langley & Banack, Incorporated Employees Profit Sharing Plan and Trust ranks in the 81st 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 Langley & Banack, Incorporated Employees Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Grant Street Group, Inc. 401(k) Plan in PA ($27M, 311 participants).
Which 401(k) plans cover a similar participant headcount to Langley & Banack, Incorporated Employees Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Berger and Burrow Enterprises, Inc. D/B/a Dynamic Mobile Imaging 401(k) Plan in VA (136 participants, N/A 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 742407279.

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.