401(k) · DOL Form 5500 · 2023

Basic Systems Inc 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
67
Participants Small participant base
66th
Percentile by assets National rank
$212,232
Avg per participant Above avg balance/head
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Official DOL plan name: Basic Systems Inc 401(k) Profit Sharing Plan & Trust · Sponsored by Basic Systems Inc · Ohio · Professional & Technical Services

$14M in assets, 67 participants

Basic Systems Inc's Basic Systems Inc 401(k) Profit Sharing Plan & Trust reported $14M in total assets and 67 participants in its 2023 DOL Form 5500 filing, ranking in the 66th 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.

  • #13,290 in Professional & Technical Services (20,321 peers)

Basic Systems Inc multi-year trail

Basic Systems Inc's plans moved +28.7% in assets from 2022 to 2024; this filing shows Basic Systems Inc 401(k) Profit Sharing Plan & Trust at $14M / 67 participants.

#13,290
in Professional & Technical Services (20,321 peers)
+21.0%
assets growth YoY

Basic Systems Inc 401(k) Profit Sharing Plan & Trust's mid-pack asset rank among Professional & Technical Services and all filers

Basic Systems Inc 401(k) Profit Sharing Plan & Trust vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$14,219,576 Top 34% higher than 66% of 127,068 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 2023

Basic Systems Inc 401(k) Profit Sharing Plan & Trust among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Basic Systems Inc 401(k) Profit Sharing Plan & Trust is a small filing (67 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Basic Systems Inc 401(k) Profit Sharing Plan & Trust reported net income rose from -$1M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Basic Systems Inc 401(k) Profit Sharing Plan & Trust end-of-year assets rose from $12M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • Basic Systems Inc 401(k) Profit Sharing Plan & Trust reported participants fell from 80 in the plan year 2022 filing to 67 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 311055449 · Basic Systems Inc PY 2023 · 401(k)

Basic Systems Inc 401(k) Profit Sharing Plan & Trust · $14M · 67 · 66th

  • IND $14M
  • IND 67
  • IND 66th
  • IND 401(k)
  • IND near Eshipping LLC 401(k) Plan
  • IND ind #13290

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 Professional & Technical Services retirement plans → · Plans in Ohio →

Basic Systems Inc 401(k) Profit Sharing Plan & Trust in the asset neighbourhood

Basic Systems Inc 401(k) Profit Sharing Plan & TrustBasic Systems Inc 401(k) Pro…$14MEshipping LLC 401(k) Plan$14MFlynn Brothers Contracting Inc. 401 K Profit Sharing PlanFlynn Brothers Contracting I…$14MTown Financial Corporation and Other Related Companies Salary STown Financial Corporation a…$14MTelstar Instruments 401(k) PlanTelstar Instruments 401(k) P…$14M
End-of-year total assets ($M) among Basic Systems Inc 401(k) Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Basic Systems Inc multi-year asset trail

Sponsor-wide plan assets over time

All Basic Systems Inc plans reported in each filing year

Latest sponsor-wide plan assets
$15M 28.65275646813154% vs 2022
2024 filing year
$10M$12M$14M$16M 202220232024 $11.7M $15.1M ▲ +28.6%
Year Plans Participants Total Assets
2022 1 80 $12M
2023 1 67 $14M
2024 1 70 $15M

Basic Systems Inc filing trail (2023)

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$14M
Net Income$2M
Employer EIN311055449
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Ohio

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

Basic Systems Inc 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Basic Systems Inc 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.014219576 · Participants: 67Basic Systems Inc 401(k) Profit Sharing Plan & TrustGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
Basic Systems Inc 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Basic Systems Inc 401(k) Profit Sharing Plan & Trust side-by-side with 3 peers →

Basic Systems Inc 401(k) Profit Sharing Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Eshipping LLC 401(k) Plan in MO ($14M); by covered participants it is School Innovations & Achievement 401(k) Profit Sharing Plan in CA (67 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (67 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Basic Systems Inc 401(k) Profit Sharing Plan & Trust assets move in 2023? ▼
Basic Systems Inc 401(k) Profit Sharing Plan & Trust grew sharply - up 21.0% during 2023, from $12M to $14M. Reported net income was $2M.
How have Basic Systems Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Basic Systems Inc's sponsor-wide assets grew 28.7%, from $12M to $15M.
Which 401(k) plans are similar in size to Basic Systems Inc 401(k) Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by assets is Eshipping LLC 401(k) Plan in MO ($14M, 383 participants).
Which 401(k) plans cover a similar participant headcount to Basic Systems Inc 401(k) Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is School Innovations & Achievement 401(k) Profit Sharing Plan in CA (67 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 311055449.

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.