401(k) · DOL Form 5500 · 2023

Banyan Air Services, Inc. 401(k) Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
182
Participants Below avg headcount
69th
Percentile by assets National rank
$92,030
Avg per participant Below avg balance/head
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Official DOL plan name: Banyan Air Services, Inc. 401(k) Plan · Sponsored by Banyan Air Services, Inc. · Florida · Transportation & Warehousing

$17M in assets, 182 participants

Banyan Air Services, Inc.'s Banyan Air Services, Inc. 401(k) Plan reported $17M in total assets and 182 participants in its 2023 DOL Form 5500 filing, ranking in the 69th 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.

  • #2,331 in Transportation & Warehousing (3,362 peers)

Coverage in Florida

Banyan Air Services, Inc. 401(k) Plan covers 182 participants in Florida, about 29% of the average Florida filer (state average ~628 per filing). Assets: $17M.

#2,331
in Transportation & Warehousing (3,362 peers)
+20.5%
assets growth YoY

Banyan Air Services, Inc. 401(k) Plan's outsized position by total assets

Banyan Air Services, Inc. 401(k) Plan vs every filed plan by assets

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

$16,749,543 Top 31% higher than 69% 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

Banyan Air Services, Inc. 401(k) 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. Banyan Air Services, Inc. 401(k) Plan sits mid-pack in the medium band (182 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Banyan Air Services, Inc. 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Banyan Air Services, Inc. 401(k) Plan end-of-year assets rose from $14M in the plan year 2022 filing to $17M in the plan year 2023 filing.
  • Banyan Air Services, Inc. 401(k) Plan reported participants rose from 159 in the plan year 2022 filing to 182 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 591922446 · Banyan Air Services, Inc. PY 2023 · 401(k)

Banyan Air Services, Inc. 401(k) Plan · $17M · 182 · 69th

  • ASSETS $17M
  • ASSETS 182
  • ASSETS 69th
  • ASSETS 401(k)
  • ASSETS near O'rourke Bros., Inc. 401(k) Profit Sharing Plan
  • ASSETS ind #2331

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 Transportation & Warehousing retirement plans → · Plans in Florida →

Banyan Air Services, Inc. 401(k) Plan in the asset neighbourhood

Banyan Air Services, Inc. 401(k) PlanBanyan Air Services, Inc. 40…$17MO'rourke Bros., Inc. 401(k) Profit Sharing PlanO'rourke Bros., Inc. 401(k) …$17MGault Energy Retirement Plan$17MWarehouse Direct Incorporated 401(k) Profit Sharing Plan and TrustWarehouse Direct Incorporate…$17MIroquois Group Inc 401(k) Profit Sharing Plan & TrustIroquois Group Inc 401(k) Pr…$17M
End-of-year total assets ($M) among Banyan Air Services, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Florida filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$17M
Net Income$3M
Employer EIN591922446
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Banyan Air Services, Inc.)

Sponsor-wide plan assets over time

All Banyan Air Services, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$19M 38.831406139828026% vs 2022
2024 filing year
$12M$14M$16M$18M$20M 202220232024 $13.9M $19.3M ▲ +38.8%
Year Plans Participants Total Assets
2022 1 159 $14M
2023 1 182 $17M
2024 1 191 $19M

Nearby 401(k) Plans in Florida

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

Banyan Air Services, Inc. 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants Banyan Air Services, Inc. 401(k) Plan, Total assets ($B): 0.016749543 · Participants: 182Banyan Air Services, Inc. 401(k) PlanL3harris Retirement Savings Plan, Total assets ($B): 15.384363901 · Participants: 40665L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pwc, Total assets ($B): 11.333196569 · Participants: 50817Savings Plan for Employees and Partners of PwcAdp Totalsource Retirement Savings Plan, Total assets ($B): 8.025816173 · Participants: 308867Adp Totalsource Retirement Savings PlanTrinet 401(k) Plan, Total assets ($B): 7.029692551 · Participants: 157945Trinet 401(k) PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 6.572590596 · Participants: 184674Publix Super Markets, Inc. 401(k) Smart Plan
Banyan Air Services, Inc. 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants
Compare Banyan Air Services, Inc. 401(k) Plan side-by-side with 3 peers →

Banyan Air Services, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Florida, the nearest 401(k) by assets is O'rourke Bros., Inc. 401(k) Profit Sharing Plan in IA ($17M); by covered participants it is Broadmoor Management Company 401(k) Profit Sharing Plan in NE (182 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (182 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 Banyan Air Services, Inc. 401(k) Plan assets move in 2023? ▼
Banyan Air Services, Inc. 401(k) Plan grew sharply - up 20.5% during 2023, from $14M to $17M. Reported net income was $3M.
How have Banyan Air Services, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Banyan Air Services, Inc.'s sponsor-wide assets grew 38.8%, from $14M to $19M.
Which 401(k) plans are similar in size to Banyan Air Services, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is O'rourke Bros., Inc. 401(k) Profit Sharing Plan in IA ($17M, 88 participants).
Which 401(k) plans cover a similar participant headcount to Banyan Air Services, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Broadmoor Management Company 401(k) Profit Sharing Plan in NE (182 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 591922446.

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.