Banco Do Brasil 401(k) Plan: Login, Facts & Contact Information

Banco Do Brasil 401(k) Plan Facts

Plan name
BANCO DO BRASIL EMPLOYEE RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
BANCO DO BRASIL
Participants
502 (423 active employees)
Former employees with a balance
87
Plan assets
$33,585,216 at Dec 31, 2024
Average account balance
$88,382 across 380 accounts
Employer contributions
$1,012,272 in plan year 2024 (29% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1990
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 18, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $3.45 million went into the plan in contributions, $1.01 million of it from the employer (29%).
  • $4.26 million was paid out to participants.
  • Investment and other income added $3.50 million.
  • Administrative expenses were $56,692, about $149 per account.

How the Banco Do Brasil 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019379$25.7 million$701,233$667,573
2020392$27.7 million$689,212$2.74 million
2021391$31.8 million$645,189$2.62 million
2022392$28.6 million$721,393$1.25 million
2023487$31.0 million$876,234$3.91 million
2024502$33.6 million$1.01 million$4.26 million

Banco Do Brasil 401(k) Contact Information

Phone
407-608-1655
Mailing address
8325 SOUTH PARK CIRCLE SUITE 140, ORLANDO FL 32819
Plan sponsor
BANCO DO BRASIL
Employer identification number (EIN)
98-6005095
Plan number
001

Questions about the Banco Do Brasil 401(k)

Does Banco Do Brasil contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.01 million, 29% of all contributions.

Does the Banco Do Brasil 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Banco Do Brasil 401(k) plan?

502 participants at the start of plan year 2024, 423 of them active employees, and 87 former employees who still had money in the plan.

What is the average 401(k) balance at Banco Do Brasil?

About $88,382 per account: $33.6 million in plan assets across 380 accounts with a balance at the end of plan year 2024.

Who manages the Banco Do Brasil 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Banco Do Brasil. How do I access my 401(k)?

Your account stays with Principal after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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