401(k) · DOL Form 5500 · 2023

Fortis Payment Systems, LLC Dba Fortis 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
234
Participants Below avg headcount
46th
Percentile by assets National rank
$23,179
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 Dba Fortis · Texas · Finance & Insurance

$5M in assets, 234 participants

Fortis Payment Systems, LLC Dba Fortis's Fortis Payment Systems, LLC 401(k) Profit Sharing Plan and Trust reported $5M in total assets and 234 participants in its 2023 DOL Form 5500 filing, ranking in the 46th 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.

  • #2,896 in Finance & Insurance (8,869 peers)

Coverage in Texas

Fortis Payment Systems, LLC 401(k) Profit Sharing Plan and Trust covers 234 participants in Texas, about 34% of the average Texas filer (state average ~688 per filing). Assets: $5M.

#2,896
in Finance & Insurance (8,869 peers)
+86.0%
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 2023 · DOL Form 5500

$5,423,938 46th percentile higher than 46% 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

Fortis Payment Systems, LLC 401(k) Profit Sharing Plan and Trust 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. Fortis Payment Systems, LLC 401(k) Profit Sharing Plan and Trust sits mid-pack in the medium band (234 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Fortis Payment Systems, LLC 401(k) Profit Sharing Plan and Trust end-of-year assets rose from $3M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Fortis Payment Systems, LLC 401(k) Profit Sharing Plan and Trust reported net income rose from $2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Fortis Payment Systems, LLC 401(k) Profit Sharing Plan and Trust reported participants rose from 186 in the plan year 2022 filing to 234 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 273375894 · Fortis Payment Systems, LLC Dba Fortis PY 2023 · 401(k)

Fortis Payment Systems, LLC 401(k) Profit Sharing Plan and Trust · $5M · 234 · 46th

  • BOY $5M
  • SCH 234
  • EBSA 46th
  • PART 401(k)
  • TYPE near Neuman Aluminium Impact Extrusion, Inc. Employees Savings Trust
  • NET ind #2896

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 Texas →

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 …$5MNeuman Aluminium Impact Extrusion, Inc. Employees Savings TrustNeuman Aluminium Impact Extr…$5MBrays Island Plantation 401(k) Profit Sharing Plan and TrustBrays Island Plantation 401(…$5MS & H Farm Supply Employee Savings & Retirement PlS & H Farm Supply Employee S…$5MMaymead Inc. Profit Sharing PlanMaymead Inc. Profit Sharing …$5M
End-of-year total assets ($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 2023.

Texas filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$5M
Net Income$3M
Employer EIN273375894
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Fortis Payment Systems, LLC Dba Fortis)

Sponsor-wide plan assets over time

All Fortis Payment Systems, LLC Dba Fortis 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 Texas

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 Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Fortis Payment Systems, LLC 401(k) Profit Sharing Plan and Trust, Total assets ($B): 0.005423938 · Participants: 234Fortis Payment Systems, LLC 401(k) Profit Sharing Plan and TrustAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
Fortis Payment Systems, LLC 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Texas, 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 Texas, the nearest 401(k) by assets is Neuman Aluminium Impact Extrusion, Inc. Employees Savings Trust in VA ($5M); by covered participants it is Toyo Automotive 401(k) Plan in KY (234 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (234 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 Fortis Payment Systems, LLC 401(k) Profit Sharing Plan and Trust assets move in 2023? ▼
Fortis Payment Systems, LLC 401(k) Profit Sharing Plan and Trust surged - up 86.0% during 2023, from $3M to $5M. Reported net income was $3M.
How have Fortis Payment Systems, LLC Dba Fortis plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Fortis Payment Systems, LLC Dba Fortis'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 Neuman Aluminium Impact Extrusion, Inc. Employees Savings Trust in VA ($5M, 88 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 Toyo Automotive 401(k) Plan in KY (234 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 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.