401(k) · DOL Form 5500 · 2024

Banyan Software Holdings, LLC 401(k) Plan

Data updated 2026-08-25

$35M
Total assets Below avg plan size
401
Participants Below avg headcount
80th
Percentile by assets National rank
$88,519
Avg per participant Below avg balance/head
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Official DOL plan name: Banyan Software Retirement Plan · Sponsored by Banyan Software Holdings, LLC · Georgia · Professional & Technical Services

$35M in assets, 401 participants

Banyan Software Holdings, LLC's Banyan Software Retirement Plan reported $35M in total assets and 401 participants in its 2024 DOL Form 5500 filing, ranking in the 80th 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.

  • #16,174 in Professional & Technical Services (20,173 peers)

Coverage in Georgia

Banyan Software Retirement Plan covers 401 participants in Georgia, about 37% of the average Georgia filer (state average ~1,096 per filing). Assets: $35M.

#16,174
in Professional & Technical Services (20,173 peers)
+59.1%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Banyan Software Retirement Plan's outsized position by total assets

Banyan Software Retirement Plan vs every filed plan by assets

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

$35,495,997 Top 20% higher than 80% 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 Software Retirement 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 Software Retirement Plan sits mid-pack in the medium band (401 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Banyan Software Retirement Plan end-of-year assets rose from $22M in the plan year 2023 filing to $35M in the plan year 2024 filing.
  • Banyan Software Retirement Plan reported net income rose from $9M in the plan year 2023 filing to $13M in the plan year 2024 filing.
  • Banyan Software Retirement Plan reported participants rose from 317 in the plan year 2023 filing to 401 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 853636022 · Banyan Software Holdings, LLC PY 2024 · 401(k)

Banyan Software Retirement Plan · $35M · 401 · 80th

  • BOOK $35M
  • VS-ST 401
  • BOY 80th
  • SCH 401(k)
  • EBSA near Rockcastle Hospital and Subsidiaries Retirement Plan
  • PART ind #16174

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 Georgia →

Banyan Software Retirement Plan in the asset neighbourhood

Banyan Software Retirement PlanBanyan Software Retirement P…$35MRockcastle Hospital and Subsidiaries Retirement PlanRockcastle Hospital and Subs…$35MMonterey Mushrooms 401(k) PlanMonterey Mushrooms 401(k) Pl…$35MHoward, Wershbale & Co. Profit Sharing & 401(k) Plan and TrustHoward, Wershbale & Co. Prof…$35MLuvata Appleton LLC Investment PlanLuvata Appleton LLC Investme…$35M
End-of-year total assets ($M) among Banyan Software Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Georgia filing particulars

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$35M
Net Income$13M
Employer EIN853636022
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Banyan Software Holdings, LLC)

Sponsor-wide plan assets over time

All Banyan Software Holdings, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$35M 165.92217790102308% vs 2022
2024 filing year
$10M$20M$30M$40M 202220232024 $13.4M $35.5M ▲ +165.9%
Year Plans Participants Total Assets
2022 1 188 $13M
2023 1 317 $22M
2024 1 401 $35M

Nearby 401(k) Plans in Georgia

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

Banyan Software Retirement Plan vs. nearby 401(k) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Banyan Software Retirement Plan, Total assets ($B): 0.035495997 · Participants: 401Banyan Software Retirement PlanThe Teamster - UPS National 401(k) Tax Deferred Savings Plan, Total assets ($B): 19.309174243 · Participants: 452126The Teamster - UPS National 401(k) Tax Deferred Savings PlanDelta 401(k) Retirement Plan, Total assets ($B): 18.985170319 · Participants: 89836Delta 401(k) Retirement PlanDelta 401(k) Retirement Plan for Pilots, Total assets ($B): 15.928334925 · Participants: 14473Delta 401(k) Retirement Plan for PilotsUPS 401(k) Savings Plan, Total assets ($B): 14.192071511 · Participants: 95250UPS 401(k) Savings PlanThe Home Depot Futurebuilder, Total assets ($B): 14.149677171 · Participants: 398464The Home Depot Futurebuilder
Banyan Software Retirement Plan vs. nearby 401(k) plans in Georgia, assets vs. participants
Compare Banyan Software Retirement Plan side-by-side with 3 peers →

Banyan Software Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Georgia, the nearest 401(k) by assets is Rockcastle Hospital and Subsidiaries Retirement Plan in KY ($35M); by covered participants it is Kiel Center 401(k) Plan in MO (401 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (401 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 Software Retirement Plan assets move in 2024? ▼
Banyan Software Retirement Plan surged - up 59.1% during 2024, from $22M to $35M. Reported net income was $13M.
How have Banyan Software Holdings, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Banyan Software Holdings, LLC's sponsor-wide assets grew 165.9%, from $13M to $35M.
Where does Banyan Software Retirement Plan rank by assets among Form 5500 filers? ▼
Banyan Software Retirement Plan ranks in the 80th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Banyan Software Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Rockcastle Hospital and Subsidiaries Retirement Plan in KY ($35M, 626 participants).
Which 401(k) plans cover a similar participant headcount to Banyan Software Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Kiel Center 401(k) Plan in MO (401 participants, $24M 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 853636022.

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.