401(k) · DOL Form 5500 · 2023

Banks & Watson 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
4
Participants Small participant base
37th
Percentile by assets National rank
$793,447
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Banks & Watson 401(k) Profit Sharing Plan & Trust · Sponsored by Banks & Watson · California · Professional & Technical Services

$3M in assets, 4 participants

Banks & Watson's Banks & Watson 401(k) Profit Sharing Plan & Trust reported $3M in total assets and 4 participants in its 2023 DOL Form 5500 filing, ranking in the 37th 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.

  • #6,791 in Professional & Technical Services (20,321 peers)

Banks & Watson multi-year trail

Banks & Watson's plans moved +90.5% in assets from 2022 to 2024; this filing shows Banks & Watson 401(k) Profit Sharing Plan & Trust at $3M / 4 participants.

#6,791
in Professional & Technical Services (20,321 peers)
+36.3%
assets growth YoY

Banks & Watson 401(k) Profit Sharing Plan & Trust's mid-pack asset rank among Professional & Technical Services and all filers

Banks & Watson 401(k) Profit Sharing Plan & Trust vs every filed plan by assets

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

$3,173,786 37th percentile higher than 37% 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

Banks & Watson 401(k) Profit Sharing Plan & Trust among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Banks & Watson 401(k) Profit Sharing Plan & Trust is a micro filing (4 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Banks & Watson 401(k) Profit Sharing Plan & Trust reported net income rose from -$967K in the plan year 2022 filing to $844K in the plan year 2023 filing.
  • Banks & Watson 401(k) Profit Sharing Plan & Trust end-of-year assets rose from $2M in the plan year 2022 filing to $3M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 450516969 · Banks & Watson PY 2023 · 401(k)

Banks & Watson 401(k) Profit Sharing Plan & Trust · $3M · 4 · 37th

  • PHOTO $3M
  • IND 4
  • EOY 37th
  • 5500 401(k)
  • ASSETS near The University of Texas Golf Club Retirement Plan
  • PCT ind #6791

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 California →

Banks & Watson 401(k) Profit Sharing Plan & Trust in the asset neighbourhood

Banks & Watson 401(k) Profit Sharing Plan & TrustBanks & Watson 401(k) Profit…$3MThe University of Texas Golf Club Retirement PlanThe University of Texas Golf…$3MManhattan Concepts Ltd. 401(k) Profit Sharing Plan and TrustManhattan Concepts Ltd. 401(…$3MNorth Side Canal Company Employee Retirement PlanNorth Side Canal Company Emp…$3MGeorge J Jasinski Profit Sharing PlanGeorge J Jasinski Profit Sha…$3M
End-of-year total assets ($M) among Banks & Watson 401(k) Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Banks & Watson multi-year asset trail

Sponsor-wide plan assets over time

All Banks & Watson plans reported in each filing year

Latest sponsor-wide plan assets
$4M 90.4654454503187% vs 2022
2024 filing year
$2M$3M$4M$5M 202220232024 $2.33M $4.44M ▲ +90.6%
Year Plans Participants Total Assets
2022 1 4 $2M
2023 1 4 $3M
2024 1 5 $4M

Banks & Watson filing trail (2023)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$3M
Net Income$844K
Employer EIN450516969
Plan Effective Date2004-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in California

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

Banks & Watson 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Banks & Watson 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.003173786 · Participants: 4Banks & Watson 401(k) Profit Sharing Plan & TrustWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Banks & Watson 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in California, assets vs. participants
Compare Banks & Watson 401(k) Profit Sharing Plan & Trust side-by-side with 3 peers →

Banks & Watson 401(k) Profit Sharing Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is The University of Texas Golf Club Retirement Plan in TX ($3M); by covered participants it is Makingchg, Inc. Retirement Plan in TN (4 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (4 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 Banks & Watson 401(k) Profit Sharing Plan & Trust assets move in 2023? ▼
Banks & Watson 401(k) Profit Sharing Plan & Trust surged - up 36.3% during 2023, from $2M to $3M. Reported net income was $844K.
How have Banks & Watson plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Banks & Watson's sponsor-wide assets grew 90.5%, from $2M to $4M.
Which 401(k) plans are similar in size to Banks & Watson 401(k) Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by assets is The University of Texas Golf Club Retirement Plan in TX ($3M, 57 participants).
Which 401(k) plans cover a similar participant headcount to Banks & Watson 401(k) Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Makingchg, Inc. Retirement Plan in TN (4 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 450516969.

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.