401(k) · DOL Form 5500 · 2023

Banner Corporation 401(k) Plan

Data updated 2026-08-25

$229M
Total assets Near avg plan size
1,921
Participants Near avg headcount
95th
Percentile by assets National rank
$119,339
Avg per participant Near avg balance/head
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Official DOL plan name: Banner Corporation 401(k)/Profit Sharing Plan · Sponsored by Banner Corporation · Washington · Finance & Insurance

$229M in assets, 1,921 participants

Banner Corporation's Banner Corporation 401(k)/Profit Sharing Plan reported $229M in total assets and 1,921 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • #8,184 in Finance & Insurance (8,869 peers)

Where Banner Corporation 401(k)/Profit Sharing Plan sits by assets

Banner Corporation 401(k)/Profit Sharing Plan sits in the top 5% of all filed plans by assets, $229M for 1,921 participants (~$119,339/participant), up 18.2% in 2023.

#8,184
in Finance & Insurance (8,869 peers)
+18.2%
assets growth YoY
2.3×
vs typical plan assets (national mean)

Banner Corporation 401(k)/Profit Sharing Plan's outsized position by total assets

Banner Corporation 401(k)/Profit Sharing Plan vs every filed plan by assets

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

$229,250,805 Top 5% higher than 95% 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

Banner Corporation 401(k)/Profit Sharing Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Banner Corporation 401(k)/Profit Sharing Plan lands in the large band (1,921 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Banner Corporation 401(k)/Profit Sharing Plan reported net income rose from -$46M in the plan year 2022 filing to $35M in the plan year 2023 filing.
  • Banner Corporation 401(k)/Profit Sharing Plan end-of-year assets rose from $194M in the plan year 2022 filing to $229M in the plan year 2023 filing.
  • Banner Corporation 401(k)/Profit Sharing Plan reported participants fell from 1,941 in the plan year 2022 filing to 1,921 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 911691604 · Banner Corporation PY 2023 · 401(k)

Banner Corporation 401(k)/Profit Sharing Plan · $229M · 1,921 · 95th

  • PCT $229M
  • PCT 1,921
  • PCT 95th
  • PCT 401(k)
  • PCT near Smith, Gambrell & Russell, LLP 401(k) Retirement Plan
  • PCT ind #8184

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 Finance & Insurance retirement plans → · Plans in Washington →

Banner Corporation 401(k)/Profit Sharing Plan in the asset neighbourhood

The National Football League Capital Accumulation PlanThe National Football League…$230MBanner Corporation 401(k)/Profit Sharing PlanBanner Corporation 401(k)/Pr…$229MSmith, Gambrell & Russell, LLP 401(k) Retirement PlanSmith, Gambrell & Russell, L…$229MAtkore International Retirement Savings and Investment PlanAtkore International Retirem…$229MAmwtp Employee Investment PlanAmwtp Employee Investment Pl…$229M
End-of-year total assets ($M) among Banner Corporation 401(k)/Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$194M
Net Assets (End of Year)$229M
Net Income$35M
Employer EIN911691604
Plan Effective Date1972-11-20
Filing StatusFILING RECEIVED

Sponsor Plan History (Banner Corporation)

Sponsor-wide plan assets over time

All Banner Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$259M 33.34958704882005% vs 2022
2024 filing year
$180M$200M$220M$240M$260M$280M 202220232024 $194M $259M ▲ +33.4%
Year Plans Participants Total Assets
2022 1 1,941 $194M
2023 1 1,921 $229M
2024 1 1,915 $259M

Nearby 401(k) Plans in Washington

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

Banner Corporation 401(k)/Profit Sharing Plan vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -20020406080 Total assets ($B) Participants Banner Corporation 401(k)/Profit Sharing Plan, Total assets ($B): 0.229250805 · Participants: 1921Banner Corporation 401(k)/Profit Sharing PlanThe Boeing Company 401(k) Retirement Plan, Total assets ($B): 72.246135158 · Participants: 128910The Boeing Company 401(k) Retirement PlanMicrosoft Corporation Savings Plus 401(k) Plan, Total assets ($B): 53.225853429 · Participants: 123296Microsoft Corporation Savings Plus 401(k) PlanCostco 401(k) Retirement Plan, Total assets ($B): 33.384845813 · Participants: 192744Costco 401(k) Retirement PlanT-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust, Total assets ($B): 8.338937292 · Participants: 71538T-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust401(k) Savings Plan, Total assets ($B): 8.118808679 · Participants: 87590401(k) Savings Plan
Banner Corporation 401(k)/Profit Sharing Plan vs. nearby 401(k) plans in Washington, assets vs. participants
Compare Banner Corporation 401(k)/Profit Sharing Plan side-by-side with 3 peers →

Banner Corporation 401(k)/Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Washington, the nearest 401(k) by assets is Smith, Gambrell & Russell, LLP 401(k) Retirement Plan in GA ($229M); by covered participants it is Ultra Electronics Inc. 401(k) Plan in MA (1,921 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,921 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 Banner Corporation 401(k)/Profit Sharing Plan assets move in 2023? ▼
Banner Corporation 401(k)/Profit Sharing Plan grew sharply - up 18.2% during 2023, from $194M to $229M. Reported net income was $35M.
How have Banner Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Banner Corporation's sponsor-wide assets grew 33.3%, from $194M to $259M.
Where does Banner Corporation 401(k)/Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Banner Corporation 401(k)/Profit Sharing Plan ranks in the 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Banner Corporation 401(k)/Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Smith, Gambrell & Russell, LLP 401(k) Retirement Plan in GA ($229M, 439 participants).
Which 401(k) plans cover a similar participant headcount to Banner Corporation 401(k)/Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Ultra Electronics Inc. 401(k) Plan in MA (1,921 participants, $286M 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 911691604.

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.