401(k) · DOL Form 5500 · 2022
Choice Financial Group 401(k) Plan
Data updated 2026-08-25
- $37M
- Total assets Below avg plan size
- 443
- Participants Below avg headcount
- 85th
- Percentile by assets National rank
- $83,761
- Avg per participant Below avg balance/head
Official DOL plan name: Choice Financial Group 401(k) Plan · Sponsored by Choice Financial Group · North Dakota · Finance & Insurance
$37M in assets, 443 participants
Choice Financial Group's Choice Financial Group 401(k) Plan reported $37M in total assets and 443 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.
- #7,053 in Finance & Insurance (9,261 peers)
Where Choice Financial Group 401(k) Plan sits by assets
Choice Financial Group 401(k) Plan sits in the top quartile of all filed plans by assets, $37M for 443 participants (~$83,761/participant), down 14.5% in 2022.
- #7,053
- in Finance & Insurance (9,261 peers)
- -14.5%
- assets change YoY
- 0.4×
- vs typical plan assets (national mean)
The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Choice Financial Group 401(k) Plan's outsized position by total assets
Choice Financial Group 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$37,106,180 Top 15% higher than 85% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Choice Financial Group 401(k) Plan among mid-size filed plans by headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Choice Financial Group 401(k) Plan sits mid-pack in the medium band (443 participants).
Form 5500 schedule snapshot
Filing strip 450117790 · Choice Financial Group PY 2022 · 401(k)
Choice Financial Group 401(k) Plan · $37M · 443 · 85th
- RANK $37M
- PHOTO 443
- IND 85th
- EOY 401(k)
- 5500 near Arisa Health 401(k) Plan
- ASSETS ind #7053
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in North Dakota →
Choice Financial Group 401(k) Plan in the asset neighbourhood
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $43M |
|---|---|
| Net Assets (End of Year) | $37M |
| Net Income | -$6M |
| Employer EIN | 450117790 |
| Plan Effective Date | 1996-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Choice Financial Group)
Sponsor-wide plan assets over time
All Choice Financial Group plans reported in each filing year
- Latest sponsor-wide plan assets
- $42M 12.023579360634805% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 443 | $37M |
| 2023 | 1 | 474 | $46M |
| 2024 | 1 | 517 | $42M |
Nearby 401(k) Plans in North Dakota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Sanford Retirement Savings Plan $2.4B · 30,145
- Mdu Resources Group, Inc. 401(k) Retirement Plan $1.3B · 8,525
- Dakotas Areawide IBEW-NECA Savings and Retirement Plan $446M · 3,784
- Eide Bailly LLP 401(k) Profit Sharing Plan $411M · 2,612
- Offutt Companies 401(k) Savings Plan $403M · 5,088
Choice Financial Group 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside North Dakota, the nearest 401(k) by assets is Arisa Health 401(k) Plan in AR ($37M); by covered participants it is Oskar Blues Restaurant 401(k) Plan in CO (443 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($37M here).
- Arisa Health 401(k) Plan (AR) $37M · 824
- Rosecrance 401(k) Savings Plan (IL) $37M · 638
- North Atlantic Corp. 401(k) Profit Sharing Plan and Trust (MA) $37M · 587
- Regulus 401(k) (VA) $37M · 206
Similar participant headcount
Nearest other-state filings by covered participants (443 participants); asset peers above are excluded.
- Oskar Blues Restaurant 401(k) Plan (CO) 443 · 0 off
- Angel Bright Home Health, Inc. 401(k) Plan (TX) 443 · 0 off
- Spada Properties, Inc. 401(k) Plan (OR) 443 · 0 off
- Cbl & Associates Management, Inc. 401(k) Profit Sharing Plan (TN) 443 · 0 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.