401(k) · DOL Form 5500 · 2023

Banyan Medical Systems, Inc. 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
465
Participants Below avg headcount
33rd
Percentile by assets National rank
$5,494
Avg per participant Low balance/head
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Official DOL plan name: Banyan Medical Systems, Inc. 401(k) Plan · Sponsored by Banyan Medical Systems, Inc. · Nebraska · Professional & Technical Services

$3M in assets, 465 participants

Banyan Medical Systems, Inc.'s Banyan Medical Systems, Inc. 401(k) Plan reported $3M in total assets and 465 participants in its 2023 DOL Form 5500 filing, ranking in the 33rd 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.

  • #6,099 in Professional & Technical Services (20,321 peers)

Banyan Medical Systems, Inc. multi-year trail

Banyan Medical Systems, Inc.'s plans moved +72.5% in assets from 2022 to 2023; this filing shows Banyan Medical Systems, Inc. 401(k) Plan at $3M / 465 participants.

#6,099
in Professional & Technical Services (20,321 peers)
+72.5%
assets growth YoY

Banyan Medical Systems, Inc. 401(k) Plan among the smaller filed plans by assets

Banyan Medical Systems, Inc. 401(k) Plan vs every filed plan by assets

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

$2,554,516 33rd percentile higher than 33% 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 Medical Systems, 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 Medical Systems, Inc. 401(k) Plan sits mid-pack in the medium band (465 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Banyan Medical Systems, Inc. 401(k) Plan reported net income rose from -$16K in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Banyan Medical Systems, Inc. 401(k) Plan reported participants rose from 126 in the plan year 2022 filing to 465 in the plan year 2023 filing.
  • Banyan Medical Systems, Inc. 401(k) Plan end-of-year assets rose from $1M 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 205593461 · Banyan Medical Systems, Inc. PY 2023 · 401(k)

Banyan Medical Systems, Inc. 401(k) Plan · $3M · 465 · 33rd

  • 5500 $3M
  • ASSETS 465
  • PCT 33rd
  • EIN 401(k)
  • RANK near Traffic Plan 401(k) Plan
  • PHOTO ind #6099

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 Nebraska →

Banyan Medical Systems, Inc. 401(k) Plan in the asset neighbourhood

Smoky Mountain Knife Works Inc. 401(k) Ps PlanSmoky Mountain Knife Works I…$3MBanyan Medical Systems, Inc. 401(k) PlanBanyan Medical Systems, Inc.…$3MTraffic Plan 401(k) Plan$3MBrothers Produce 401(k) Plan$3MCoimmune, Inc. 401(k) Plan & TrustCoimmune, Inc. 401(k) Plan &…$3M
End-of-year total assets ($M) among Banyan Medical Systems, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Banyan Medical Systems, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Banyan Medical Systems, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$3M 72.52572842614568% vs 2022
2023 filing year
$1M$1.5M$2M$2.5M$3M 20222023 $1.48M $2.55M ▲ +72.3%
Year Plans Participants Total Assets
2022 1 126 $1M
2023 1 465 $3M

Banyan Medical Systems, Inc. filing trail (2023)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$3M
Net Income$1M
Employer EIN205593461
Plan Effective Date2011-02-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Nebraska

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

Banyan Medical Systems, Inc. 401(k) Plan vs. nearby 401(k) plans in Nebraska, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -202468 Total assets ($B) Participants Banyan Medical Systems, Inc. 401(k) Plan, Total assets ($B): 0.002554516 · Participants: 465Banyan Medical Systems, Inc. 401(k) PlanHdr, Inc. Best Plan and ESOP, Total assets ($B): 6.272854301 · Participants: 10652Hdr, Inc. Best Plan and ESOPPeter Kiewit Sons, Inc. Retirement Savings Plan, Total assets ($B): 2.422593059 · Participants: 16947Peter Kiewit Sons, Inc. Retirement Savings PlanUnion Pacific Corporation Thrift Plan, Total assets ($B): 2.265096577 · Participants: 5470Union Pacific Corporation Thrift PlanUnion Pacific Agreement Employee 401(k) Retirement Thrift Plan, Total assets ($B): 2.255128453 · Participants: 27770Union Pacific Agreement Employee 401(k) Retirement Thrift PlanFirst National of Nebraska, Inc. First Savings Plan, Total assets ($B): 0.926040387 · Participants: 5038First National of Nebraska, Inc. First Savings Plan
Banyan Medical Systems, Inc. 401(k) Plan vs. nearby 401(k) plans in Nebraska, assets vs. participants
Compare Banyan Medical Systems, Inc. 401(k) Plan side-by-side with 3 peers →

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

Outside Nebraska, the nearest 401(k) by assets is Traffic Plan 401(k) Plan in NJ ($3M); by covered participants it is Iteris, Inc 401(k) and Stock Ownership Plan in CA (465 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3M here).

Similar participant headcount

Nearest other-state filings by covered participants (465 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 Medical Systems, Inc. 401(k) Plan assets move in 2023? ▼
Banyan Medical Systems, Inc. 401(k) Plan surged - up 72.5% during 2023, from $1M to $3M. Reported net income was $1M.
How have Banyan Medical Systems, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Banyan Medical Systems, Inc.'s sponsor-wide assets grew 72.5%, from $1M to $3M.
Which 401(k) plans are similar in size to Banyan Medical Systems, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Traffic Plan 401(k) Plan in NJ ($3M, 313 participants).
Which 401(k) plans cover a similar participant headcount to Banyan Medical Systems, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Iteris, Inc 401(k) and Stock Ownership Plan in CA (465 participants, $84M 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 205593461.

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.