401(k) · DOL Form 5500 · 2024

Basic Systems Inc 401(k) Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
70
Participants Small participant base
65th
Percentile by assets National rank
$215,678
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

$15M in assets, 70 participants

Basic Systems Inc's Basic Systems Inc 401(k) Profit Sharing Plan & Trust reported $15M in total assets and 70 participants in its 2024 DOL Form 5500 filing, ranking in the 65th 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.

  • #12,854 in Professional & Technical Services (20,173 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 $15M / 70 participants.

#12,854
in Professional & Technical Services (20,173 peers)
+6.2%
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 2024 · DOL Form 5500

$15,097,446 Top 35% higher than 65% of 123,620 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 2024

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

Plan-year 2024 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 (70 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Basic Systems Inc 401(k) Profit Sharing Plan & Trust reported net income fell from $2M in the plan year 2023 filing to $878K in the plan year 2024 filing.
  • Basic Systems Inc 401(k) Profit Sharing Plan & Trust end-of-year assets rose from $14M in the plan year 2023 filing to $15M in the plan year 2024 filing.
  • Basic Systems Inc 401(k) Profit Sharing Plan & Trust reported participants rose from 67 in the plan year 2023 filing to 70 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 311055449 · Basic Systems Inc PY 2024 · 401(k)

Basic Systems Inc 401(k) Profit Sharing Plan & Trust · $15M · 70 · 65th

  • BOY $15M
  • SCH 70
  • EBSA 65th
  • PART 401(k)
  • TYPE near Precis Engineering, Inc. 401(k) Plan
  • NET ind #12854

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…$15MPrecis Engineering, Inc. 401(k) PlanPrecis Engineering, Inc. 401…$15MRim Logistics, Ltd. 401(k) PlanRim Logistics, Ltd. 401(k) P…$15MCommunity Bancshares 401(k) PlanCommunity Bancshares 401(k) …$15MOlam Agri Americas Holdings, Inc. 401(k) PlanOlam Agri Americas Holdings,…$15M
End-of-year total assets ($M) among Basic Systems Inc 401(k) Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

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 (2024)

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$15M
Net Income$878K
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 -505101520 Total assets ($B) Participants Basic Systems Inc 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.015097446 · Participants: 70Basic Systems Inc 401(k) Profit Sharing Plan & TrustGE Aerospace Retirement Savings Plan, Total assets ($B): 14.738724553 · Participants: 45620GE Aerospace Retirement Savings PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 11.809161 · Participants: 135373The Kroger Co. 401(k) Retirement Savings Account PlanThe Progressive 401(k) Plan, Total assets ($B): 11.533546294 · Participants: 62521The Progressive 401(k) PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.563559628 · Participants: 47459The Sherwin-Williams Company 401(k) PlanParker Retirement Savings Plan, Total assets ($B): 9.010073432 · Participants: 26315Parker Retirement Savings Plan
Basic Systems Inc 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Ohio, assets vs. participants

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 Precis Engineering, Inc. 401(k) Plan in PA ($15M); by covered participants it is Revenir Energy Services LLC 401(k) Plan in CO (70 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($15M here).

Similar participant headcount

Nearest other-state filings by covered participants (70 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024?
Basic Systems Inc 401(k) Profit Sharing Plan & Trust grew at a solid clip - up 6.2% during 2024, from $14M to $15M. Reported net income was $878K.
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 Precis Engineering, Inc. 401(k) Plan in PA ($15M, 121 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 Revenir Energy Services LLC 401(k) Plan in CO (70 participants, N/A in assets).