Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Byline Bancorp
Byline Bancorp 401(k)
- BY NYSE
- Finance and insurance
- Chicago, IL
- EIN 36-3012593
- 1 plan with Schedule H financials
- Plan year 2024
- Byline Bancorp, Inc.
Administrative expenses excluding investment management, per participant · Byline Bancorp, Inc. 401(k) Plan · plan year 2024
$146.77
Higher than 74% of the 8,758 plans $50 to 250M that report it.
Source
= $178,026 / 1,213
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250903105526NAL0015306449001, received 2025-09-03
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250903105526NAL0015306449001, received 2025-09-03
Percentiles compare this plan with the Schedule H plans $50 to 250M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-09-03.
Cost and contributions
Administrative expenses per participant
$146.77
Higher than 56% of the 9,042 plans $50 to 250M that report it.
Source
= $178,026 / 1,213
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250903105526NAL0015306449001, received 2025-09-03
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250903105526NAL0015306449001, received 2025-09-03
Administrative expenses as a share of assets
0.193%
Higher than 67% of the 9,049 plans $50 to 250M that report it.
Source
= $178,026 / $92,201,193
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250903105526NAL0015306449001, received 2025-09-03
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250903105526NAL0015306449001, received 2025-09-03
Employer contributions per participant
$2,944
Higher than 54% of the 9,105 plans $50 to 250M that report it.
Source
= $3,571,045 / 1,213
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250903105526NAL0015306449001, received 2025-09-03
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250903105526NAL0015306449001, received 2025-09-03
Employer share of total contributions
28.8%
Higher than 47% of the 9,112 plans $50 to 250M that report it.
Source
= $3,571,045 / $12,403,869
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250903105526NAL0015306449001, received 2025-09-03
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250903105526NAL0015306449001, received 2025-09-03
Plan terms, as stated in Byline Bancorp, Inc.'s SEC filings
Employer match
“The 401(k) employer match contribution is equal to 100% of the first 3% and 50% for the next 2% contributed to the Plan by employees.”
Form 10-K filed 2026-02-27, for the year ended 2025-12-31 · benefits note, 10-K benefits note · source document
Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.
Plan features
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250903105526NAL0015306449001, received 2025-09-03
Full record, Byline Bancorp, Inc. 401(k) Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | BYLINE BANCORP, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250903105526NAL0015306449001, received 2025-09-03 |
| Plan name | BYLINE BANCORP, INC. 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250903105526NAL0015306449001, received 2025-09-03 |
| Sponsor EIN / plan number | 36-3012593 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250903105526NAL0015306449001, received 2025-09-03 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250903105526NAL0015306449001, received 2025-09-03 |
| Sponsor location | CHICAGO, IL | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250903105526NAL0015306449001, received 2025-09-03 |
| Industry (business code) | 522110, Finance and insurance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250903105526NAL0015306449001, received 2025-09-03 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250903105526NAL0015306449001, received 2025-09-03 |
| Filing received | 2025-09-03 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250903105526NAL0015306449001, received 2025-09-03 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250903105526NAL0015306449001, received 2025-09-03 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250903105526NAL0015306449001, received 2025-09-03 |
| Participants, beginning of year | 1,263 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250903105526NAL0015306449001, received 2025-09-03 |
| Active participants | 1,028 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250903105526NAL0015306449001, received 2025-09-03 |
| Participants, end of year | 1,227 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250903105526NAL0015306449001, received 2025-09-03 |
| Participants with an account balance | 1,213 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250903105526NAL0015306449001, received 2025-09-03 |
| Total assets, beginning of year | $75,162,740 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250903105526NAL0015306449001, received 2025-09-03 |
| Total assets, end of year | $92,201,193 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250903105526NAL0015306449001, received 2025-09-03 |
| Net assets, end of year | $92,201,193 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250903105526NAL0015306449001, received 2025-09-03 |
| Total income | $21,802,992 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250903105526NAL0015306449001, received 2025-09-03 |
| Net income | $17,038,453 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250903105526NAL0015306449001, received 2025-09-03 |
| Employer contributions | $3,571,045 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250903105526NAL0015306449001, received 2025-09-03 |
| Participant contributions | $7,995,014 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250903105526NAL0015306449001, received 2025-09-03 |
| Other contributions (incl. rollovers) | $837,810 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250903105526NAL0015306449001, received 2025-09-03 |
| Total contributions | $12,403,869 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250903105526NAL0015306449001, received 2025-09-03 |
| Benefit payments | $4,585,002 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250903105526NAL0015306449001, received 2025-09-03 |
| Total expenses (incl. benefit payments) | $4,764,539 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250903105526NAL0015306449001, received 2025-09-03 |
| Total administrative expenses | $178,026 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250903105526NAL0015306449001, received 2025-09-03 |
| Contract administrator fees | $178,026 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250903105526NAL0015306449001, received 2025-09-03 |
| Administrative expenses excluding investment management | $178,026 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250903105526NAL0015306449001, received 2025-09-03 |
| Held in mutual funds | $29,359,202 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250903105526NAL0015306449001, received 2025-09-03 |
| Independent auditor | BAKER TILLY US, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250903105526NAL0015306449001, received 2025-09-03 |
Position = column in the DOL layout for form year 2024. Filing 20250903105526NAL0015306449001, received 2025-09-03.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANYrecordkeeper | CONTRACT ADMINISTRATOR | 13 Contract administrator; 37 Participant loan processing; 50 Direct payment from the plan; 64 Recordkeeping fees | $178,025 | yes |
| MORGAN STANLEY GLOBAL BANKING OPERA | CONTRACT ADMINISTRATOR | 13 Contract administrator; 99 Other fees | $0 | yes |
| MOSS ADAMS | ACCOUNTANT | 10 Accounting (including auditing); 99 Other fees | $0 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250903105526NAL0015306449001, received 2025-09-03.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $75,162,740 | $92,201,193 | 22.7% |
| Participants with a balance | 1,228 | 1,213 | -1.2% |
| Administrative expenses | $154,475 | $178,026 | 15.2% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $3,299,610 | $3,571,045 | 8.2% |
Prior filing 20240808123743NAL0008598800001, received 2024-08-08; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: BYLINE BANCORP, INC.; SEC registrant: BYLINE BANCORP, INC. (CIK 1702750, matched by EIN; display name from the Form 10-K cover).