BANNER SERVICE CORPORATION 401(K) PLAN & TRUST
- Address: 494 EAST LIES ROAD,CAROL STREAM,IL
- Contact person: ROSE SULLIVAN
- Phone: (630) 653-7500
BANNER SERVICE CORPORATION 401(K) PLAN & TRUST has the following features:
Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.
At the end of 2021, the total retirement plan assets of BANNER SERVICE CORPORATION 401(K) PLAN & TRUST is $5,661,687.00.This plan was established in 2022.
At the end of 2021, the total number of retirement plan participants in BANNER SERVICE CORPORATION 401(K) PLAN & TRUST is 245
In 2021, the average participant retirement account value for BANNER SERVICE CORPORATION 401(K) PLAN & TRUST is $23,108.00
In 2021, the estimated average employee contribution amount per participant for BANNER SERVICE CORPORATION 401(K) PLAN & TRUST is $2,940.00
In 2021, the estimated average employer match for an employee in BANNER SERVICE CORPORATION 401(K) PLAN & TRUST is approximately $758.00
In 2021, BANNER SERVICE CORPORATION 401(K) PLAN & TRUST allocates $185,885.00 to match its employees' contributions, providing an employer match rate of 25.80% of their contributions
In 2021, the total retirement plan asset growth rate of BANNER SERVICE CORPORATION 401(K) PLAN & TRUST is 8.84%
In 2021, the estimated aggregate retirement account investment gain/loss for BANNER SERVICE CORPORATION 401(K) PLAN & TRUST is 9.87%. This measures the effectiveness of the plan participants' investments in the year.
In 2021, the investment and administrative expense ratio of BANNER SERVICE CORPORATION 401(K) PLAN & TRUST is 0.06%.
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