Banesco Usa 401(k) Plan: Login, Facts & Contact Information
Banesco Usa 401(k) Login
162 former Banesco Usa employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2024 filing.
Banesco Usa 401(k) Plan Facts
Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 22, 2025. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2024
- $3.47 million went into the plan in contributions, $1.09 million of it from the employer (31%).
- $2.55 million was paid out to participants.
- Investment and other income added $2.90 million.
- Administrative expenses were $54,397, about $121 per account.
How the Banesco Usa 401(k) changed, 2019–2024
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2019 | 241 | $18.9 million | $563,067 | $1.05 million |
| 2020 | 363 | $17.8 million | $594,005 | $4.60 million |
| 2021 | 350 | $20.3 million | $741,519 | $2.24 million |
| 2022 | 388 | $18.1 million | $813,567 | $1.73 million |
| 2023 | 405 | $22.1 million | $937,682 | $2.43 million |
| 2024 | 446 | $25.9 million | $1.09 million | $2.55 million |
Banesco Usa 401(k) Contact Information
Questions about the Banesco Usa 401(k)
Does Banesco Usa contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.09 million, 31% of all contributions.
Does the Banesco Usa 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the Banesco Usa 401(k) plan?
446 participants at the start of plan year 2024, 292 of them active employees, and 162 former employees who still had money in the plan.
What is the average 401(k) balance at Banesco Usa?
About $57,743 per account: $25.9 million in plan assets across 448 accounts with a balance at the end of plan year 2024.
Who manages the Banesco Usa 401(k) accounts?
Merrill Benefits OnLine (listed on the filing as MERRILL LYNCH PIERCE FENNER & SMITH) is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Banesco Usa. How do I access my 401(k)?
Your account stays with Merrill Benefits OnLine 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.