401(k) · DOL Form 5500 · 2023

Bank Administration Institute 401(k) Plan

Data updated 2026-08-25

$36M
Total assets Below avg plan size
115
Participants Small participant base
82nd
Percentile by assets National rank
$313,492
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Bai Smart Plan · Sponsored by Bank Administration Institute · Illinois · Other Services

$36M in assets, 115 participants

Bank Administration Institute's Bai Smart Plan reported $36M in total assets and 115 participants in its 2023 DOL Form 5500 filing, ranking in the 82nd 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.

  • #7,171 in Other Services (7,857 peers)

Coverage in Illinois

Bai Smart Plan covers 115 participants in Illinois, about 15% of the average Illinois filer (state average ~779 per filing). Assets: $36M.

#7,171
in Other Services (7,857 peers)
+22.9%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Bai Smart Plan's outsized position by total assets

Bai Smart Plan vs every filed plan by assets

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

$36,051,615 Top 18% higher than 82% 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

Bai Smart Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bai Smart Plan sits mid-pack in the medium band (115 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Bai Smart Plan reported net income rose from -$5M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Bai Smart Plan end-of-year assets rose from $29M in the plan year 2022 filing to $36M in the plan year 2023 filing.
  • Bai Smart Plan reported participants rose from 106 in the plan year 2022 filing to 115 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 363330171 · Bank Administration Institute PY 2023 · 401(k)

Bai Smart Plan · $36M · 115 · 82nd

  • EBSA $36M
  • PART 115
  • TYPE 82nd
  • NET 401(k)
  • BOOK near Family Health Care of Siouxland, PLC 401(k) Profit Sharing Plan
  • VS-ST ind #7171

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 Other Services retirement plans → · Plans in Illinois →

Bai Smart Plan in the asset neighbourhood

Procare Hr Retirement Savings PlanProcare Hr Retirement Saving…$36MBai Smart Plan$36MFamily Health Care of Siouxland, PLC 401(k) Profit Sharing PlanFamily Health Care of Siouxl…$36MHarrison Poultry, Inc. Profit Sharing PlanHarrison Poultry, Inc. Profi…$36MFiretrol Protection Systems, Inc. 401(k) Savings PlanFiretrol Protection Systems,…$36M
End-of-year total assets ($M) among Bai Smart Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$29M
Net Assets (End of Year)$36M
Net Income$7M
Employer EIN363330171
Plan Effective Date1966-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bank Administration Institute)

Sponsor-wide plan assets over time

All Bank Administration Institute plans reported in each filing year

Latest sponsor-wide plan assets
$42M 43.75737389407568% vs 2022
2024 filing year
$25M$30M$35M$40M$45M 202220232024 $29.3M $42.2M ▲ +43.7%
Year Plans Participants Total Assets
2022 1 106 $29M
2023 1 115 $36M
2024 1 122 $42M

Nearby 401(k) Plans in Illinois

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

Bai Smart Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Bai Smart Plan, Total assets ($B): 0.036051615 · Participants: 115Bai Smart PlanAccenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement Savings Plan
Bai Smart Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Bai Smart Plan side-by-side with 3 peers →

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

Outside Illinois, the nearest 401(k) by assets is Family Health Care of Siouxland, PLC 401(k) Profit Sharing Plan in IA ($36M); by covered participants it is St. Marys Foundry, Inc. 401(k) Savings Plan in OH (115 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (115 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 Bai Smart Plan assets move in 2023? ▼
Bai Smart Plan grew sharply - up 22.9% during 2023, from $29M to $36M. Reported net income was $7M.
How have Bank Administration Institute plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bank Administration Institute's sponsor-wide assets grew 43.8%, from $29M to $42M.
Where does Bai Smart Plan rank by assets among Form 5500 filers? ▼
Bai Smart Plan ranks in the 82nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Bai Smart Plan? ▼
Among 401(k) plans in other states, the closest by assets is Family Health Care of Siouxland, PLC 401(k) Profit Sharing Plan in IA ($36M, 220 participants).
Which 401(k) plans cover a similar participant headcount to Bai Smart Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is St. Marys Foundry, Inc. 401(k) Savings Plan in OH (115 participants, N/A 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 363330171.

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.