401(k) · DOL Form 5500 · 2024

Banyan Air Services, Inc. 401(k) Plan

Data updated 2026-08-25

$19M
Total assets Small plan by assets
191
Participants Below avg headcount
70th
Percentile by assets National rank
$101,046
Avg per participant Below avg balance/head
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Official DOL plan name: Banyan Air Services, Inc. 401(k) Plan · Sponsored by Banyan Air Services, Inc. · Florida · Transportation & Warehousing

$19M in assets, 191 participants

Banyan Air Services, Inc.'s Banyan Air Services, Inc. 401(k) Plan reported $19M in total assets and 191 participants in its 2024 DOL Form 5500 filing, ranking in the 70th 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.

  • #2,310 in Transportation & Warehousing (3,299 peers)

Coverage in Florida

Banyan Air Services, Inc. 401(k) Plan covers 191 participants in Florida, about 30% of the average Florida filer (state average ~628 per filing). Assets: $19M.

#2,310
in Transportation & Warehousing (3,299 peers)
+15.2%
assets growth YoY

Banyan Air Services, Inc. 401(k) Plan's outsized position by total assets

Banyan Air Services, Inc. 401(k) Plan vs every filed plan by assets

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

$19,299,734 Top 30% higher than 70% 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

Banyan Air Services, Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Banyan Air Services, Inc. 401(k) Plan sits mid-pack in the medium band (191 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Banyan Air Services, Inc. 401(k) Plan end-of-year assets rose from $17M in the plan year 2023 filing to $19M in the plan year 2024 filing.
  • Banyan Air Services, Inc. 401(k) Plan reported net income fell from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Banyan Air Services, Inc. 401(k) Plan reported participants rose from 182 in the plan year 2023 filing to 191 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 591922446 · Banyan Air Services, Inc. PY 2024 · 401(k)

Banyan Air Services, Inc. 401(k) Plan · $19M · 191 · 70th

  • RANK $19M
  • RANK 191
  • RANK 70th
  • RANK 401(k)
  • RANK near Rrc Power & Energy, LLC 401(k) Plan
  • RANK ind #2310

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 Transportation & Warehousing retirement plans → · Plans in Florida →

Banyan Air Services, Inc. 401(k) Plan in the asset neighbourhood

Banyan Air Services, Inc. 401(k) PlanBanyan Air Services, Inc. 40…$19MRrc Power & Energy, LLC 401(k) PlanRrc Power & Energy, LLC 401(…$19MChroma Color Corporation 401(k) PlanChroma Color Corporation 401…$19MHighland Bank 401(k) Plan$19MCopeland, Cook, Taylor and Bush, P. a. Salary Reduction PlanCopeland, Cook, Taylor and B…$19M
End-of-year total assets ($M) among Banyan Air Services, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Florida filing particulars

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$19M
Net Income$3M
Employer EIN591922446
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Banyan Air Services, Inc.)

Sponsor-wide plan assets over time

All Banyan Air Services, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$19M 38.831406139828026% vs 2022
2024 filing year
$12M$14M$16M$18M$20M 202220232024 $13.9M $19.3M ▲ +38.8%
Year Plans Participants Total Assets
2022 1 159 $14M
2023 1 182 $17M
2024 1 191 $19M

Nearby 401(k) Plans in Florida

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

Banyan Air Services, Inc. 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants Banyan Air Services, Inc. 401(k) Plan, Total assets ($B): 0.019299734 · Participants: 191Banyan Air Services, Inc. 401(k) PlanL3harris Retirement Savings Plan, Total assets ($B): 16.316786122 · Participants: 40330L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pwc, Total assets ($B): 13.167098888 · Participants: 51081Savings Plan for Employees and Partners of PwcAdp Totalsource Retirement Savings Plan, Total assets ($B): 9.190044852 · Participants: 310261Adp Totalsource Retirement Savings PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 8.068866271 · Participants: 197102Publix Super Markets, Inc. 401(k) Smart PlanNextera Energy, Inc. Employee Retirement Savings Plan, Total assets ($B): 5.484619612 · Participants: 16678Nextera Energy, Inc. Employee Retirement Savings Plan
Banyan Air Services, Inc. 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants
Compare Banyan Air Services, Inc. 401(k) Plan side-by-side with 3 peers →

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

Outside Florida, the nearest 401(k) by assets is Rrc Power & Energy, LLC 401(k) Plan in TX ($19M); by covered participants it is Brown-Campbell Company 401(k) Plan in MI (191 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($19M here).

Similar participant headcount

Nearest other-state filings by covered participants (191 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 Banyan Air Services, Inc. 401(k) Plan assets move in 2024? ▼
Banyan Air Services, Inc. 401(k) Plan grew sharply - up 15.2% during 2024, from $17M to $19M. Reported net income was $3M.
How have Banyan Air Services, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Banyan Air Services, Inc.'s sponsor-wide assets grew 38.8%, from $14M to $19M.
Which 401(k) plans are similar in size to Banyan Air Services, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Rrc Power & Energy, LLC 401(k) Plan in TX ($19M, 261 participants).
Which 401(k) plans cover a similar participant headcount to Banyan Air Services, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Brown-Campbell Company 401(k) Plan in MI (191 participants, $14M 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 591922446.

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.