ESOP · DOL Form 5500 · 2022

Financial Business Systems, Inc. ESOP

Data updated 2026-08-11

$37M
Total assets
105
Participants
85th
Percentile by assets
$348,869
Avg per participant
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Official DOL plan name: Financial Business Systems, Inc. 2013 Amended and Restated Employee Stock Ownership Plan · Sponsored by Financial Business Systems, Inc. · North Dakota · Information & Media

$37M in assets, 105 participants

Financial Business Systems, Inc.'s Financial Business Systems, Inc. 2013 Amended and Restated Employee Stock Ownership Plan reported $37M in total assets and 105 participants in its 2022 DOL Form 5500 filing, ranking in the 85th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 85th percentile by assets (of 139,126 plans)
  • #2,290 in Information & Media (2,911 peers)

Coverage in North Dakota

Financial Business Systems, Inc. 2013 Amended and Restated Employee Stock Ownership Plan covers 105 participants in North Dakota, about 21% of the average North Dakota filer (state average ~504 per filing). Assets: $37M.

$37M
total plan assets (2022 EOY)
105
covered participants
85th
percentile by assets (of 139,126 plans)
$348,869
avg assets per participant

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs North Dakota filers

In North Dakota, the average filing covers about 504 participants across 359 plans. Financial Business Systems, Inc. 2013 Amended and Restated Employee Stock Ownership Plan reports 105 participants - about 21% of that state average ($37M EOY assets).

North Dakota filing particulars

Total Assets (Beginning of Year)$39M
Net Assets (End of Year)$37M
Net Income-$2M
Employer EIN450346952
Plan Effective Date2005-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Financial Business Systems, Inc.)

$45M$50M$55M$60M$65M 202220232024 $49.5M $62.7M ▲ +26.5%
Total plan assets by year, all Financial Business Systems, Inc. plans on file
Year Plans Participants Total Assets
2022 2 210 $50M
2023 2 231 $55M
2024 2 244 $63M

Nearby ESOP Plans in North Dakota

Peer ESOP plans, same state, same plan type, ranked by total assets.

Financial Business Systems, Inc. 2013 Amended and Restated Employee Stock Ownership Plan vs. nearby ESOP plans in North Dakota, assets vs. participants

Financial Business Systems, Inc. 2013 Amended and Restated Employee Stock Ownership Plan vs. nearby ESOP plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 -0.500.511.5 Total assets ($B) Participants Financial Business S…Border States Indust…Scheels Employee Sto…Dakota Supply Group,…Ulteig, Inc. Employe…Ulteig, Inc. Employe…
Financial Business Systems, Inc. 2013 Amended and Restated Employee Stock Ownership Plan vs. nearby ESOP plans in North Dakota, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Financial Business Systems, Inc. 2013 Amended and Restated Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Financial Business Systems, Inc. 2013 Amended and Restated Employee Stock Ownership Plan assets move in 2022?
Financial Business Systems, Inc. 2013 Amended and Restated Employee Stock Ownership Plan pulled back noticeably - down 5.2% during 2022, from $39M to $37M. Reported net income was -$2M.
How have Financial Business Systems, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Financial Business Systems, Inc.'s sponsor-wide assets grew 26.5%, from $50M to $63M.
Where does Financial Business Systems, Inc. 2013 Amended and Restated Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Financial Business Systems, Inc. 2013 Amended and Restated Employee Stock Ownership Plan ranks in the 85th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Financial Business Systems, Inc. 2013 Amended and Restated Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Bayland Buildings, Inc. Employee Stock Ownership Plan in WI ($37M, 146 participants).

Next read for Financial Business Systems, Inc. 2013 Am…

Filing takeaways

Ways to act on Financial Business Systems, Inc. 2013 Amended and Restated Employee Stock Ownership Plan's numbers.

  • By total assets, Financial Business Systems, Inc. 2013 Amended and Restated Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in North Dakota. Compare plans
  • Financial Business Systems, Inc.'s sponsor-wide assets have grown 26.5% since 2022 across 3 plan years on file. More Information & Media plans