Banner & Witcoff 401(k) match, vesting and fees
What Banner & Witcoff's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Fidelity Investments | Schedule C ↗ |
| Independent auditor | Sikich Cpa LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 9,213 defined-contribution plans in professional, scientific, and technical services with 100 to 499 participants.
| Banner & Witcoff: employer contribution per participant | $9,140 | |
| Peer median | $2,521 |
| Banner & Witcoff: average balance | $505,335 | |
| Peer median | $75,833 |
| Banner & Witcoff: admin expenses ÷ assets | <0.01% | |
| Peer median | 0.27% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $176M at the end of plan year 2021 to $205M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 412 | $205M | $3.7M | $9,140 | <0.01% | Not published | Form 5500 ↗ |
| 2023 | 426 | $177M | $3.6M | $8,816 | <0.01% | Not published | Form 5500 ↗ |
| 2022 | 417 | $142M | $3.2M | $7,971 | <0.01% | Not published | Form 5500 ↗ |
| 2021 | 423 | $176M | $3.4M | $8,313 | <0.01% | Not published | Form 5500 ↗ |
Other Banner & Witcoff plans (2)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Banner & Witcoff, Ltd. 401(k) Plan & Trust
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
Banner & Witcoff, Ltd. Cash Balance Pension Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Banner & Witcoff match 401(k) contributions?
The match terms for the Banner & Witcoff, Ltd. 401(k) Profit Sharing Plan & Trust have not been published from its filing yet. The plan year 2024 filing reports $3.7M in employer contributions, about $9,140 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Banner & Witcoff 401(k) match vested?
The vesting schedule for the Banner & Witcoff, Ltd. 401(k) Profit Sharing Plan & Trust is not in the data published so far. Your Summary Plan Description states it.
Who manages the Banner & Witcoff 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments. The plan administrator is Banner & Witcoff, Ltd..
I left Banner & Witcoff. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Banner & Witcoff, Ltd., (312) 715-1000) or the recordkeeper, Fidelity Investments. The Banner & Witcoff old 401(k) page lists the contacts from every plan filing. Find an old Banner & Witcoff 401(k)
Data from the public Form 5500 annual reports Banner & Witcoff filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Banner & Witcoff. Not financial advice. Report a correction · Methodology