401(k) · DOL Form 5500 · 2024

Banner Corporation 401(k) Plan

Data updated 2026-08-11

$259M
Total assets
1,915
Participants
95th
Percentile by assets
$135,044
Avg per participant
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Official DOL plan name: Banner Corporation 401(k)/Profit Sharing Plan · Sponsored by Banner Corporation · Washington · Finance & Insurance

$259M in assets, 1,915 participants

Banner Corporation's Banner Corporation 401(k)/Profit Sharing Plan reported $259M in total assets and 1,915 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 123,622 plans)
  • #7,881 in Finance & Insurance (8,549 peers)

Where Banner Corporation 401(k)/Profit Sharing Plan sits by assets

Banner Corporation 401(k)/Profit Sharing Plan sits in the top 5% of all filed plans by assets, $259M for 1,915 participants (~$135,044/participant), up 12.8% in 2024.

$259M
total plan assets (2024 EOY)
1,915
covered participants
95th
percentile by assets (of 123,622 plans)
$135,044
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Banner Corporation 401(k)/Profit Sharing Plan reported net income fell from $35M in the plan year 2023 filing to $29M in the plan year 2024 filing.
  • Banner Corporation 401(k)/Profit Sharing Plan end-of-year assets rose from $229M in the plan year 2023 filing to $259M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Banner Corporation 401(k)/Profit Sharing Plan vs the 2024 asset distribution

By assets, Banner Corporation 401(k)/Profit Sharing Plan outranks 95% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 2.6x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$229M
Net Assets (End of Year)$259M
Net Income$29M
Employer EIN911691604
Plan Effective Date1972-11-20
Filing StatusFILING RECEIVED

Sponsor Plan History (Banner Corporation)

$180M$200M$220M$240M$260M$280M 202220232024 $194M $259M ▲ +33.4%
Total plan assets by year, all Banner Corporation plans on file
Year Plans Participants Total Assets
2022 1 1,941 $194M
2023 1 1,921 $229M
2024 1 1,915 $259M

Nearby 401(k) Plans in Washington

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

Banner Corporation 401(k)/Profit Sharing Plan vs. nearby 401(k) plans in Washington, assets vs. participants

Banner Corporation 401(k)/Profit Sharing Plan vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -500000050000010000001500000 -20020406080 Total assets ($B) Participants Banner Corporation 4…The Boeing Company 4…Microsoft Corporatio…Costco 401(k) Retire…Amazon 401(k) Plan401(k) Savings Plan
Banner Corporation 401(k)/Profit Sharing Plan vs. nearby 401(k) plans in Washington, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Banner Corporation 401(k)/Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Banner Corporation 401(k)/Profit Sharing Plan assets move in 2024?
Banner Corporation 401(k)/Profit Sharing Plan grew at a solid clip - up 12.8% during 2024, from $229M to $259M. Reported net income was $29M.
How have Banner Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Banner Corporation's sponsor-wide assets grew 33.3%, from $194M to $259M.
Where does Banner Corporation 401(k)/Profit Sharing Plan rank by assets among Form 5500 filers?
Banner Corporation 401(k)/Profit Sharing Plan ranks in the 95th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Banner Corporation 401(k)/Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Ecovyst 401(k) Savings Plan in PA ($259M, 732 participants).

Next read for Banner Corporation 401(k)/Profit Sharing…

Scale reading

Ways to act on Banner Corporation 401(k)/Profit Sharing Plan's numbers.