401(k) · DOL Form 5500 · 2023

Langley & Banack, Inc. 401(k) Plan

Data updated 2026-08-25

$30M
Total assets Below avg plan size
136
Participants Small participant base
79th
Percentile by assets National rank
$219,973
Avg per participant Above avg balance/head
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Official DOL plan name: Langley & Banack, Incorporated Employees Profit Sharing Plan and Trust · Sponsored by Langley & Banack, Inc. · Texas · Professional & Technical Services

$30M in assets, 136 participants

Langley & Banack, Inc.'s Langley & Banack, Incorporated Employees Profit Sharing Plan and Trust reported $30M in total assets and 136 participants in its 2023 DOL Form 5500 filing, ranking in the 79th 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.

  • #16,197 in Professional & Technical Services (20,321 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: $30M.

#16,197
in Professional & Technical Services (20,321 peers)
+10.2%
assets growth YoY
0.3×
vs typical plan assets (national mean)

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 2023 · DOL Form 5500

$29,916,380 Top 21% higher than 79% 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

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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Langley & Banack, Incorporated Employees Profit Sharing Plan and Trust reported net income rose from -$5M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Langley & Banack, Incorporated Employees Profit Sharing Plan and Trust end-of-year assets rose from $27M in the plan year 2022 filing to $30M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 742407279 · Langley & Banack, Inc. PY 2023 · 401(k)

Langley & Banack, Incorporated Employees Profit Sharing Plan and Trust · $30M · 136 · 79th

  • PCT $30M
  • PCT 136
  • PCT 79th
  • PCT 401(k)
  • PCT near Rock-It Cargo 401(k) Plan
  • PCT ind #16197

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…$30MRock-It Cargo 401(k) Plan$30MPetiq 401(k) Plan$30MHeritage Insurance Holdings, Inc. Retirement Savings PlanHeritage Insurance Holdings,…$30MStoris 401(k) Plan$30M
End-of-year total assets ($M) among Langley & Banack, Incorporated Employees Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$30M
Net Income$3M
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. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Langley & Banack, Incorporated Employees Profit Sharing Plan and Trust, Total assets ($B): 0.02991638 · Participants: 136Langley & Banack, Incorporated Employees Profit Sharing Plan and TrustAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell 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 Rock-It Cargo 401(k) Plan in PA ($30M); by covered participants it is Testout Corporation Safe Harbor 401(k) Plan in UT (136 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($30M here).

Similar participant headcount

Nearest other-state filings by covered participants (136 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 Langley & Banack, Incorporated Employees Profit Sharing Plan and Trust assets move in 2023? ▼
Langley & Banack, Incorporated Employees Profit Sharing Plan and Trust grew at a solid clip - up 10.2% during 2023, from $27M to $30M. Reported net income was $3M.
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 79th 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 Langley & Banack, Incorporated Employees Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Rock-It Cargo 401(k) Plan in PA ($30M, 229 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 Testout Corporation Safe Harbor 401(k) Plan in UT (136 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 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.