401(k) · DOL Form 5500 · 2023

Banner & Witcoff, Ltd. 401(k) Plan

Data updated 2026-08-11

$177M
Total assets
214
Participants
94th
Percentile by assets
$826,149
Avg per participant
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Official DOL plan name: Banner & Witcoff, Ltd. 401(k) Profit Sharing Plan & Trust · Sponsored by Banner & Witcoff, Ltd. · Illinois · Professional & Technical Services

$177M in assets, 214 participants

Banner & Witcoff, Ltd.'s Banner & Witcoff, Ltd. 401(k) Profit Sharing Plan & Trust reported $177M in total assets and 214 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 127,072 plans)
  • #19,393 in Professional & Technical Services (20,321 peers)

Coverage in Illinois

Banner & Witcoff, Ltd. 401(k) Profit Sharing Plan & Trust covers 214 participants in Illinois, about 27% of the average Illinois filer (state average ~779 per filing). Assets: $177M.

$177M
total plan assets (2023 EOY)
214
covered participants
94th
percentile by assets (of 127,072 plans)
$826,149
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Banner & Witcoff, Ltd. 401(k) Profit Sharing Plan & Trust reported net income rose from -$35M in the plan year 2022 filing to $34M in the plan year 2023 filing.
  • Banner & Witcoff, Ltd. 401(k) Profit Sharing Plan & Trust end-of-year assets rose from $142M in the plan year 2022 filing to $177M in the plan year 2023 filing.
  • Banner & Witcoff, Ltd. 401(k) Profit Sharing Plan & Trust reported participants rose from 201 in the plan year 2022 filing to 214 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Banner & Witcoff, Ltd. 401(k) Profit Sharing Plan & Trust reports 214 participants - about 27% of that state average ($177M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$142M
Net Assets (End of Year)$177M
Net Income$34M
Employer EIN364008943
Plan Effective Date2004-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Banner & Witcoff, Ltd.)

$120M$140M$160M$180M$200M$220M 202220232024 $142M $205M ▲ +44.2%
Total plan assets by year, all Banner & Witcoff, Ltd. plans on file
Year Plans Participants Total Assets
2022 1 201 $142M
2023 1 214 $177M
2024 1 249 $205M

Nearby 401(k) Plans in Illinois

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

Banner & Witcoff, Ltd. 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Illinois, assets vs. participants

Banner & Witcoff, Ltd. 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Banner & Witcoff, Lt…Accenture United Sta…State Farm 401(k) Sa…Abbott Laboratories …United Airlines Pilo…Walgreens Retirement…
Banner & Witcoff, Ltd. 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Illinois, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Banner & Witcoff, Ltd. 401(k) Profit Sharing Plan & Trust by total assets, not by location.

Frequently Asked Questions

How did Banner & Witcoff, Ltd. 401(k) Profit Sharing Plan & Trust assets move in 2023?
Banner & Witcoff, Ltd. 401(k) Profit Sharing Plan & Trust grew sharply - up 24.6% during 2023, from $142M to $177M. Reported net income was $34M.
How have Banner & Witcoff, Ltd. plan assets changed over time?
Across 3 plan years on file (2022-2024), Banner & Witcoff, Ltd.'s sponsor-wide assets grew 44.2%, from $142M to $205M.
Where does Banner & Witcoff, Ltd. 401(k) Profit Sharing Plan & Trust rank by assets among Form 5500 filers?
Banner & Witcoff, Ltd. 401(k) Profit Sharing Plan & Trust ranks in the 94th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Banner & Witcoff, Ltd. 401(k) Profit Sharing Plan & Trust?
Among 401(k) plans in other states, the closest by assets is Flexcon Holdings Trust Retirement Plan in MA ($177M, 988 participants).

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Filing takeaways

Ways to act on Banner & Witcoff, Ltd. 401(k) Profit Sharing Plan & Trust's numbers.