401(k) · DOL Form 5500 · 2023

First Information Technology Services, Inc. 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
96
Participants Small participant base
45th
Percentile by assets National rank
$52,980
Avg per participant Low balance/head
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Official DOL plan name: First Information Technology 401(k) Plan · Sponsored by First Information Technology Services, Inc. · Virginia · Professional & Technical Services

$5M in assets, 96 participants

First Information Technology Services, Inc.'s First Information Technology 401(k) Plan reported $5M in total assets and 96 participants in its 2023 DOL Form 5500 filing, ranking in the 45th 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.

  • #8,650 in Professional & Technical Services (20,321 peers)

First Information Technology Services, Inc. multi-year trail

First Information Technology Services, Inc.'s plans moved +43.8% in assets from 2022 to 2024; this filing shows First Information Technology 401(k) Plan at $5M / 96 participants.

#8,650
in Professional & Technical Services (20,321 peers)
+33.2%
assets growth YoY

First Information Technology 401(k) Plan's mid-pack asset rank among Professional & Technical Services and all filers

First Information Technology 401(k) Plan vs every filed plan by assets

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

$5,086,116 45th percentile higher than 45% 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

First Information Technology 401(k) Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. First Information Technology 401(k) Plan is a small filing (96 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • First Information Technology 401(k) Plan reported net income rose from -$174K in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • First Information Technology 401(k) Plan end-of-year assets rose from $4M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • First Information Technology 401(k) Plan reported participants fell from 99 in the plan year 2022 filing to 96 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 541949711 · First Information Technology Services, Inc. PY 2023 · 401(k)

First Information Technology 401(k) Plan · $5M · 96 · 45th

  • BOY $5M
  • SCH 96
  • EBSA 45th
  • PART 401(k)
  • TYPE near Haynes Group Incorporated 401(k) Profit Sharing Plan
  • NET ind #8650

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 Virginia →

First Information Technology 401(k) Plan in the asset neighbourhood

First Information Technology 401(k) PlanFirst Information Technology…$5MHaynes Group Incorporated 401(k) Profit Sharing PlanHaynes Group Incorporated 40…$5MJaro Transportation Services Inc. 401(k) Profit Sharing PlanJaro Transportation Services…$5MWayne Wire Cloth Products Inc. Employee 401(k) Retirement PlanWayne Wire Cloth Products In…$5MEverlast Roofing, Inc. 401(k) PlanEverlast Roofing, Inc. 401(k…$5M
End-of-year total assets ($M) among First Information Technology 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

First Information Technology Services, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All First Information Technology Services, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$5M 43.770763118780884% vs 2022
2024 filing year
$3M$4M$5M$6M 202220232024 $3.82M $5.49M ▲ +43.7%
Year Plans Participants Total Assets
2022 1 99 $4M
2023 1 96 $5M
2024 1 152 $5M

First Information Technology Services, Inc. filing trail (2023)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$5M
Net Income$1M
Employer EIN541949711
Plan Effective Date2001-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Virginia

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

First Information Technology 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants First Information Technology 401(k) Plan, Total assets ($B): 0.005086116 · Participants: 96First Information Technology 401(k) PlanNorthrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
First Information Technology 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

First Information Technology 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Haynes Group Incorporated 401(k) Profit Sharing Plan in CT ($5M); by covered participants it is Fce Benefit Administrators, Inc. 401(k) Plan in CA (96 participants). Same-state nearby plans are listed separately above.

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 First Information Technology 401(k) Plan assets move in 2023?
First Information Technology 401(k) Plan surged - up 33.2% during 2023, from $4M to $5M. Reported net income was $1M.
How have First Information Technology Services, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), First Information Technology Services, Inc.'s sponsor-wide assets grew 43.8%, from $4M to $5M.
Which 401(k) plans are similar in size to First Information Technology 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Haynes Group Incorporated 401(k) Profit Sharing Plan in CT ($5M, 96 participants).
Which 401(k) plans cover a similar participant headcount to First Information Technology 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Fce Benefit Administrators, Inc. 401(k) Plan in CA (96 participants, N/A in assets).