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Original filing (PDF)20251015115859NAL0009096754001
BANNER SOLUTIONS
Form 5500
FILING_RECEIVED
BANNER SOLUTIONS 401(K) RETIREMENT SAVINGS PLAN
401(k) retirement plan
Active participants
256
Accounts w/ balance
373
Plan assets (EOY)
$13.8M
Net assets (EOY)
$13.8M
How this plan invests
This plan
26 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
100
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
100
Vendor stack
100
Participation health
100
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for BANNER SOLUTIONS.
Plan sponsor
Name
BANNER SOLUTIONS
EIN
04-3359757
Address
515 N STATE ST · STE 1075 · CHICAGO, IL · 60654
Phone
(816) 241-5663
Industry
Wholesale Tradesee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-15
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2S · Automatic enrollment
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
RSM US LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
2 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| NEWPORT GROUP, INC. | 27-2037969 | — | RECORDKEEPER | $17K | — |
Advisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| LOCKTON INVESTMENT ADVISORS, LLC | — | CHICAGO, IL | ADVISOR | $31K | — |
Investments
26 direct securities· $13.8M(99% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| American Funds America Funds 2050 Target Date Retire R6 | — | — | — | $2.1M | 15.4% | |
| American Funds America Funds 2040 Target Date Retire R6 | — | — | — | $1.4M | 10.2% | |
| American Funds America Funds 2030 Target Date Retire R6 | — | — | — | $1.4M | 10.1% | |
| Fidelity 500 Index | — | — | — | $1.3M | 9.1% | |
| American Funds America Funds 2035 Target Date Retire R6 | — | — | — | $1.2M | 9.0% | |
| American Funds America Funds 2055 Target Date Retire R6 | — | — | — | $1.2M | 8.8% | |
| American Funds America Funds 2045 Target Date Retire R6 | — | — | — | $908K | 6.6% | |
| American Funds America Funds 2025 Target Date Retire R6 | — | — | — | $840K | 6.1% | |
| Vanguard Cash Reserves Federal Money Market Fund | — | — | — | $561K | 4.1% | |
| AB US Large Cap Growth CIT Class l | — | — | — | $388K | 2.8% | |
| Participants* Notes receivable from participants (Interest rates of 4.25% to 9.50%, maturing through 2029) | — | — | — | $306K | 2.2% | |
| John Hancock John Hancock Bond Fund Class R6 | — | — | — | $275K | 2.0% | |
| American Funds America Funds 2020 Target Date Retire R6 | — | — | — | $275K | 2.0% | |
| American Funds America Funds 2060 Target Date Retire R6 | — | — | — | $215K | 1.6% | |
| Fidelity MidCap Index Fund | — | — | — | $204K | 1.5% | |
| Fidelity Total International Index | — | — | — | $202K | 1.5% | |
| American Funds American Funds EuroPacific Growth R6 | — | — | — | $180K | 1.3% | |
| Fidelity U.S. Bond Index Fund 189 Invesco Discovery Fund | — | — | — | $163K | 1.2% | |
| American Funds American Funds 2065 Target Retire R6 | — | — | — | $134K | 1.0% | |
| JP Morgan JPMorgan Equity Income R6 | — | — | — | $129K | 0.9% | |
| Invesco Discovery Mid Cap Growth Fund | — | — | — | $119K | 0.9% | |
| Cohen & Steers Cohen & Steers Real Estate Securities Fund, Inc. | — | — | — | $65K | 0.5% | |
| Allspring Special Small Cap Value | — | — | — | $65K | 0.5% | |
| Fidelity Small Cap Index | — | — | — | $44K | 0.3% | |
| John Hancock JHancock Disciplined Value Mid Cap R6 | — | — | — | $30K | 0.2% | |
| American Funds American Funds 2010 Target Retire R6 149 American Funds American Funds 2015 Target Retire R6 | — | — | — | $11K | <0.1% |
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