401(k) · DOL Form 5500 · 2023
Choice Financial Group 401(k) Plan
Data updated 2026-08-25
- $46M
- Total assets Below avg plan size
- 474
- Participants Below avg headcount
- 85th
- Percentile by assets National rank
- $97,528
- 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
$46M in assets, 474 participants
Choice Financial Group's Choice Financial Group 401(k) Plan reported $46M in total assets and 474 participants in its 2023 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.
- #6,795 in Finance & Insurance (8,869 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, $46M for 474 participants (~$97,528/participant), up 24.6% in 2023.
- #6,795
- in Finance & Insurance (8,869 peers)
- +24.6%
- assets growth YoY
- 0.5×
- vs typical plan assets (national mean)
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 2023 · DOL Form 5500
$46,228,146 Top 15% higher than 85% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Choice Financial Group 401(k) Plan among mid-size filed plans by headcount
Plan-year 2023 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 (474 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Choice Financial Group 401(k) Plan reported net income rose from -$6M in the plan year 2022 filing to $9M in the plan year 2023 filing.
- Choice Financial Group 401(k) Plan end-of-year assets rose from $37M in the plan year 2022 filing to $46M in the plan year 2023 filing.
- Choice Financial Group 401(k) Plan reported participants rose from 443 in the plan year 2022 filing to 474 in the plan year 2023 filing.
DOL schedule card
Filing strip 450117790 · Choice Financial Group PY 2023 · 401(k)
Choice Financial Group 401(k) Plan · $46M · 474 · 85th
- 5500 $46M
- 5500 474
- 5500 85th
- 5500 401(k)
- 5500 near Quisitive, LLC 401(k) Plan
- 5500 ind #6795
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 (2023)
| Total Assets (Beginning of Year) | $37M |
|---|---|
| Net Assets (End of Year) | $46M |
| Net Income | $9M |
| 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 $3.1B · 30,495
- Mdu Resources Group, Inc. 401(k) Retirement Plan $830M · 8,551
- Knife River Corporation 401(k) Retirement Plan $741M · 5,269
- Dakotas Areawide IBEW-NECA Savings and Retirement Plan $521M · 3,853
- Eide Bailly LLP 401(k) Profit Sharing Plan $513M · 2,920
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 Quisitive, LLC 401(k) Plan in TX ($46M); by covered participants it is Ridgeview Operations 401(k) Plan in NY (474 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($46M here).
- Quisitive, LLC 401(k) Plan (TX) $46M · 568
- Company Savings Plan (TX) $46M · 3,615
- Teco-Westinghouse Motor Company 401(k) Employee Savings Plan (TX) $46M · 252
- Radiology Associates of Albuquerque , P.a. 401(k) Retirement Plan (NM) $46M · 166
Similar participant headcount
Nearest other-state filings by covered participants (474 participants); asset peers above are excluded.
- Ridgeview Operations 401(k) Plan (NY) 474 · 0 off
- Strive Health, LLC 401(k) Plan (CO) 474 · 0 off
- Truenet Communications Corp 401(k) Profit Sharing Plan and Trust (FL) 474 · 0 off
- H&h Automotive Profit Sharing Plan (NE) 474 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.