# Byline Bancorp, INC. 401(k) Plan
Source: https://planprovider.pro/companies/byline-bancorp-inc-401k-plan

> Byline Bancorp, INC.&#39;s 401(k) plan: 1,028 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Byline Bancorp, INC.

- **Sponsor EIN:** 363012593

- **Sponsor Address:** 180 N LASALLE, SUITE 300, CHICAGO, IL, 606012501

- **Plan Type:** 401(k)

- **Total Participants:** 1,028

- **Total Assets:** $92.2M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** No

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|1,028|$92.2M|$3.6M|$8.0M|

| 2023|1,045|$75.2M|$3.3M|$7.3M|

| 2022|970|$55.0M|$3.0M|$6.6M|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| PRINCIPAL LIFE INSURANCE COMPANY|CONTRACT ADMINISTRATOR|$178,025|$14,841|$192,866|

| MORGAN STANLEY GLOBAL BANKING OPERA|CONTRACT ADMINISTRATOR|—|$74,465|$74,465|

| MOSS ADAMS|ACCOUNTANT|—|$24,150|$24,150|

| BAKER TILLY US, LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [MORGAN STANLEY GLOBAL BANKING OPERA](https://planprovider.pro/provider/morgan-stanley) — CONTRACT ADMINISTRATOR

- [MOSS ADAMS](https://planprovider.pro/provider/milliman) — ACCOUNTANT

- [BAKER TILLY US, LLP](https://planprovider.pro/provider/baker-tilly-us-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $291,481

- **Estimated Expense Ratio:** 0.316% of plan assets

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$178,026|—|$178,026|—|—|

| 2023|$154,475|$16,895|$137,580|—|—|

| 2022|$119,865|—|$119,865|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/byline-bancorp-inc-401k-plan)

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