401(k) · DOL Form 5500 · 2023

Bana Solutions, LLC 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
66
Participants Small participant base
55th
Percentile by assets National rank
$128,780
Avg per participant Near avg balance/head
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Official DOL plan name: Bana Solutions 401(k) Plan · Sponsored by Bana Solutions, LLC · Virginia · Professional & Technical Services

$8M in assets, 66 participants

Bana Solutions, LLC's Bana Solutions 401(k) Plan reported $8M in total assets and 66 participants in its 2023 DOL Form 5500 filing, ranking in the 55th 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.

  • #10,894 in Professional & Technical Services (20,321 peers)

Bana Solutions, LLC multi-year trail

Bana Solutions, LLC's plans moved +78.3% in assets from 2022 to 2024; this filing shows Bana Solutions 401(k) Plan at $8M / 66 participants.

#10,894
in Professional & Technical Services (20,321 peers)
+41.9%
assets growth YoY

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

Bana Solutions 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$8,499,451 Top 45% higher than 55% of 127,068 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 2023

Bana Solutions 401(k) Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bana Solutions 401(k) Plan is a small filing (66 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Bana Solutions 401(k) Plan reported net income rose from -$301K in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Bana Solutions 401(k) Plan end-of-year assets rose from $6M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Bana Solutions 401(k) Plan reported participants rose from 50 in the plan year 2022 filing to 66 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 472259410 · Bana Solutions, LLC PY 2023 · 401(k)

Bana Solutions 401(k) Plan · $8M · 66 · 55th

  • EIN $8M
  • RANK 66
  • PHOTO 55th
  • IND 401(k)
  • EOY near Legal Aid Society 401(k) Plan
  • 5500 ind #10894

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 Virginia →

Bana Solutions 401(k) Plan in the asset neighbourhood

Bana Solutions 401(k) Plan$8MLegal Aid Society 401(k) Plan$8MSupport Systems Associates, Inc. Deferred Salary PlanSupport Systems Associates, …$8MEvans Industries, Inc. Employee Retirement PlanEvans Industries, Inc. Emplo…$8MLaminate Technologies, Inc. 401(k) Profit Sharing PlanLaminate Technologies, Inc. …$8M
End-of-year total assets ($M) among Bana Solutions 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Bana Solutions, LLC multi-year asset trail

Sponsor-wide plan assets over time

All Bana Solutions, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$11M 78.29771706205742% vs 2022
2024 filing year
$4M$6M$8M$10M$12M 202220232024 $5.99M $10.7M ▲ +78.3%
Year Plans Participants Total Assets
2022 1 50 $6M
2023 1 66 $8M
2024 1 75 $11M

Bana Solutions, LLC filing trail (2023)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$8M
Net Income$3M
Employer EIN472259410
Plan Effective Date2015-08-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Virginia

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

Bana Solutions 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Bana Solutions 401(k) Plan, Total assets ($B): 0.008499451 · Participants: 66Bana Solutions 401(k) PlanNorthrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
Bana Solutions 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Bana Solutions 401(k) Plan side-by-side with 3 peers →

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

Outside Virginia, the nearest 401(k) by assets is Legal Aid Society 401(k) Plan in DC ($8M); by covered participants it is Cooperativa De Ahorro Y Credito De Camuy Salary Deferral Retirement Plan 1081. 01(D) in PR (66 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (66 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Bana Solutions 401(k) Plan assets move in 2023? ▼
Bana Solutions 401(k) Plan surged - up 41.9% during 2023, from $6M to $8M. Reported net income was $3M.
How have Bana Solutions, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bana Solutions, LLC's sponsor-wide assets grew 78.3%, from $6M to $11M.
Which 401(k) plans are similar in size to Bana Solutions 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Legal Aid Society 401(k) Plan in DC ($8M, 79 participants).
Which 401(k) plans cover a similar participant headcount to Bana Solutions 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Cooperativa De Ahorro Y Credito De Camuy Salary Deferral Retirement Plan 1081. 01(D) in PR (66 participants, $3M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 472259410.

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.