The MBA Group Insurance Trust filed its Form 5500 for the 2025 plan year ahead of the July 31, 2026 deadline. No extension was required.

The Summary Annual Report (SAR) prepared from that filing is available below. Federal law requires that it be distributed to plan participants, and that step falls to each participating bank.

Download the Report

What Your Bank Needs to Do

1. Distribute the SAR to every plan participant. This includes employees enrolled in the plan during the 2025 plan year and any beneficiaries currently receiving benefits.
2. Complete distribution by September 30, 2026. The SAR is due to participants within nine months of the close of the plan year.
3. Choose a delivery method that reaches everyone. Hand delivery, first-class mail, or inclusion with payroll materials all satisfy the requirement. Email and intranet posting are permitted only for employees who meet the Department of Labor's electronic disclosure conditions. Posting to a bulletin board alone does not satisfy the requirement.
4. Document what you sent and when. Keep a copy of the SAR and a record of the distribution date and method with your plan files.

This notice summarizes a federal disclosure requirement and is provided for general information. It is not legal advice. Banks with questions about their own plan documents, participant counts, or filing obligations should consult their benefits counsel.

Back