401(k) · DOL Form 5500 · 2022

Fortis Payment Systems, LLC 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
186
Participants Below avg headcount
40th
Percentile by assets National rank
$15,676
Avg per participant Low balance/head
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Official DOL plan name: Fortis Payment Systems LLC 401(k) Profit Sharing Plan and Trust · Sponsored by Fortis Payment Systems, LLC · Michigan · Finance & Insurance

$3M in assets, 186 participants

Fortis Payment Systems, LLC's Fortis Payment Systems LLC 401(k) Profit Sharing Plan and Trust reported $3M in total assets and 186 participants in its 2022 DOL Form 5500 filing, ranking in the 40th 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.

  • #2,504 in Finance & Insurance (9,261 peers)

Coverage in Michigan

Fortis Payment Systems LLC 401(k) Profit Sharing Plan and Trust covers 186 participants in Michigan, about 29% of the average Michigan filer (state average ~638 per filing). Assets: $3M.

#2,504
in Finance & Insurance (9,261 peers)
+126.5%
assets growth YoY

Fortis Payment Systems LLC 401(k) Profit Sharing Plan and Trust's mid-pack asset rank among Finance & Insurance and all filers

Fortis Payment Systems LLC 401(k) Profit Sharing Plan and Trust vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$2,915,647 40th percentile higher than 40% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Fortis Payment Systems LLC 401(k) Profit Sharing Plan and Trust 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. Fortis Payment Systems LLC 401(k) Profit Sharing Plan and Trust sits mid-pack in the medium band (186 participants).

Plan-year Form 5500 strip

Filing strip 273375894 · Fortis Payment Systems, LLC PY 2022 · 401(k)

Fortis Payment Systems LLC 401(k) Profit Sharing Plan and Trust · $3M · 186 · 40th

  • TYPE $3M
  • TYPE 186
  • TYPE 40th
  • TYPE 401(k)
  • TYPE near M & a Holding Company Pension Transfer Trust Plan
  • TYPE ind #2504

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 Michigan →

Fortis Payment Systems LLC 401(k) Profit Sharing Plan and Trust in the asset neighbourhood

Fortis Payment Systems LLC 401(k) Profit Sharing Plan and TrustFortis Payment Systems LLC 4…$3MM & a Holding Company Pension Transfer Trust PlanM & a Holding Company Pensio…$3MThe Saint Louis Brewery, LLC 401(k) PlanThe Saint Louis Brewery, LLC…$3MVista Tax Group 401(k) Profit Sharing PlanVista Tax Group 401(k) Profi…$3MPeddler's Village Retirement PlanPeddler's Village Retirement…$3M
End-of-year total assets ($M) among Fortis Payment Systems LLC 401(k) Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Michigan filing particulars

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$3M
Net Income$2M
Employer EIN273375894
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Fortis Payment Systems, LLC)

Sponsor-wide plan assets over time

All Fortis Payment Systems, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$7M 156.92177413795292% vs 2022
2024 filing year
$2M$4M$6M$8M 202220232024 $2.92M $7.49M ▲ +156.5%
Year Plans Participants Total Assets
2022 1 186 $3M
2023 1 234 $5M
2024 1 259 $7M

Nearby 401(k) Plans in Michigan

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Fortis Payment Systems LLC 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Fortis Payment Systems LLC 401(k) Profit Sharing Plan and Trust, Total assets ($B): 0.002915647 · Participants: 186Fortis Payment Systems LLC 401(k) Profit Sharing Plan and TrustGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 18.071817726 · Participants: 43382General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 13.833597622 · Participants: 32974Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 9.307640951 · Participants: 16930The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 7.545889119 · Participants: 40458The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 6.44558193 · Participants: 57811Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Fortis Payment Systems LLC 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Fortis Payment Systems LLC 401(k) Profit Sharing Plan and Trust side-by-side with 3 peers →

Fortis Payment Systems LLC 401(k) Profit Sharing Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is M & a Holding Company Pension Transfer Trust Plan in MA ($3M); by covered participants it is Combs Concrete Construction Company 401(k) Plan in NC (186 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (186 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Fortis Payment Systems LLC 401(k) Profit Sharing Plan and Trust assets move in 2022? ▼
Fortis Payment Systems LLC 401(k) Profit Sharing Plan and Trust surged - up 126.5% during 2022, from $1M to $3M. Reported net income was $2M.
How have Fortis Payment Systems, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Fortis Payment Systems, LLC's sponsor-wide assets grew 156.9%, from $3M to $7M.
Which 401(k) plans are similar in size to Fortis Payment Systems LLC 401(k) Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is M & a Holding Company Pension Transfer Trust Plan in MA ($3M, 18 participants).
Which 401(k) plans cover a similar participant headcount to Fortis Payment Systems LLC 401(k) Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Combs Concrete Construction Company 401(k) Plan in NC (186 participants, $53K in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 273375894.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.