401(k) · DOL Form 5500 · 2024

Banking Spectrum Inc. 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
2
Participants Small participant base
35th
Percentile by assets National rank
$1.6M
Avg per participant High balance/head
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Official DOL plan name: Banking Spectrum 401(k) Plan · Sponsored by Banking Spectrum Inc. · New York · Professional & Technical Services

$3M in assets, 2 participants

Banking Spectrum Inc.'s Banking Spectrum 401(k) Plan reported $3M in total assets and 2 participants in its 2024 DOL Form 5500 filing, ranking in the 35th 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.

  • #6,405 in Professional & Technical Services (20,173 peers)

Banking Spectrum Inc. multi-year trail

Banking Spectrum Inc.'s plans moved +47.4% in assets from 2022 to 2024; this filing shows Banking Spectrum 401(k) Plan at $3M / 2 participants.

#6,405
in Professional & Technical Services (20,173 peers)
+19.6%
assets growth YoY

Banking Spectrum 401(k) Plan's mid-pack asset rank among Professional & Technical Services and all filers

Banking Spectrum 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$3,229,861 35th percentile higher than 35% of 123,620 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 2024

Banking Spectrum 401(k) Plan among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Banking Spectrum 401(k) Plan is a micro filing (2 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Banking Spectrum 401(k) Plan end-of-year assets rose from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 133195570 · Banking Spectrum Inc. PY 2024 · 401(k)

Banking Spectrum 401(k) Plan · $3M · 2 · 35th

  • EBSA $3M
  • PART 2
  • TYPE 35th
  • NET 401(k)
  • BOOK near Lindemann Chimney Service Inc. 401(k) and Profit Sharing Plan Trust
  • VS-ST ind #6405

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 New York →

Banking Spectrum 401(k) Plan in the asset neighbourhood

Banking Spectrum 401(k) Plan$3MLindemann Chimney Service Inc. 401(k) and Profit Sharing Plan TrustLindemann Chimney Service In…$3MSiyeh Development Corporation 401(k) PlanSiyeh Development Corporatio…$3MRp Professional Services 401(k) PlanRp Professional Services 401…$3MBalance of Nature Mep$3M
End-of-year total assets ($M) among Banking Spectrum 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Banking Spectrum Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Banking Spectrum Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$3M 47.43928481109157% vs 2022
2024 filing year
$2M$2.5M$3M$3.5M 202220232024 $2.19M $3.23M ▲ +47.5%
Year Plans Participants Total Assets
2022 1 2 $2M
2023 1 2 $3M
2024 1 2 $3M

Banking Spectrum Inc. filing trail (2024)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income$528K
Employer EIN133195570
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in New York

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

Banking Spectrum 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Banking Spectrum 401(k) Plan, Total assets ($B): 0.003229861 · Participants: 2Banking Spectrum 401(k) PlanIBM 401(k) Plan, Total assets ($B): 60.39355615 · Participants: 52674IBM 401(k) PlanMorgan Stanley 401(k) Plan, Total assets ($B): 22.180692974 · Participants: 53860Morgan Stanley 401(k) PlanPfizer Savings Plan, Total assets ($B): 21.9871528 · Participants: 33309Pfizer Savings PlanThe Pepsico Savings Plan, Total assets ($B): 14.9369507 · Participants: 137398The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 12.807939404 · Participants: 23227The Goldman Sachs 401(k) Plan
Banking Spectrum 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Banking Spectrum 401(k) Plan side-by-side with 3 peers →

Banking Spectrum 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Lindemann Chimney Service Inc. 401(k) and Profit Sharing Plan Trust in IL ($3M); by covered participants it is Per Mgmt, Inc. 401(k) Plan in MA (2 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Banking Spectrum 401(k) Plan assets move in 2024? ▼
Banking Spectrum 401(k) Plan grew sharply - up 19.6% during 2024, from $3M to $3M. Reported net income was $528K.
How have Banking Spectrum Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Banking Spectrum Inc.'s sponsor-wide assets grew 47.4%, from $2M to $3M.
Which 401(k) plans are similar in size to Banking Spectrum 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Lindemann Chimney Service Inc. 401(k) and Profit Sharing Plan Trust in IL ($3M, 89 participants).
Which 401(k) plans cover a similar participant headcount to Banking Spectrum 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Per Mgmt, Inc. 401(k) Plan in MA (2 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 133195570.

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.