401(k) · DOL Form 5500 · 2024

Multi-Bank Services, Ltd. 401(k) Plan

Data updated 2026-08-25

$25M
Total assets Below avg plan size
121
Participants Small participant base
74th
Percentile by assets National rank
$206,569
Avg per participant Above avg balance/head
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Official DOL plan name: Multi-Bank Services, Ltd. 401(k) Plan · Sponsored by Multi-Bank Services, Ltd. · Michigan · Finance & Insurance

$25M in assets, 121 participants

Multi-Bank Services, Ltd.'s Multi-Bank Services, Ltd. 401(k) Plan reported $25M in total assets and 121 participants in its 2024 DOL Form 5500 filing, ranking in the 74th 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.

  • #5,177 in Finance & Insurance (8,549 peers)

Coverage in Michigan

Multi-Bank Services, Ltd. 401(k) Plan covers 121 participants in Michigan, about 19% of the average Michigan filer (state average ~638 per filing). Assets: $25M.

#5,177
in Finance & Insurance (8,549 peers)
+18.4%
assets growth YoY

Multi-Bank Services, Ltd. 401(k) Plan's outsized position by total assets

Multi-Bank Services, Ltd. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$24,994,858 Top 26% higher than 74% 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

Multi-Bank Services, Ltd. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Multi-Bank Services, Ltd. 401(k) Plan sits mid-pack in the medium band (121 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Multi-Bank Services, Ltd. 401(k) Plan end-of-year assets rose from $21M in the plan year 2023 filing to $25M in the plan year 2024 filing.
  • Multi-Bank Services, Ltd. 401(k) Plan reported net income rose from $3M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Multi-Bank Services, Ltd. 401(k) Plan reported participants rose from 119 in the plan year 2023 filing to 121 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 382584711 · Multi-Bank Services, Ltd. PY 2024 · 401(k)

Multi-Bank Services, Ltd. 401(k) Plan · $25M · 121 · 74th

  • 5500 $25M
  • ASSETS 121
  • PCT 74th
  • EIN 401(k)
  • RANK near Sfcs Retirement Savings Plan
  • PHOTO ind #5177

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 Michigan →

Multi-Bank Services, Ltd. 401(k) Plan in the asset neighbourhood

National Production Workers Union 401(k) RetirementNational Production Workers …$25MMulti-Bank Services, Ltd. 401(k) PlanMulti-Bank Services, Ltd. 40…$25MSfcs Retirement Savings Plan$25MWindmoeller & Hoelscher Corporation 401(k) Profit Sharing PlanWindmoeller & Hoelscher Corp…$25MMch Health System 401(k) Plan$25M
End-of-year total assets ($M) among Multi-Bank Services, Ltd. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$25M
Net Income$4M
Employer EIN382584711
Plan Effective Date1996-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Multi-Bank Services, Ltd.)

Sponsor-wide plan assets over time

All Multi-Bank Services, Ltd. plans reported in each filing year

Latest sponsor-wide plan assets
$25M 40.51349471273864% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $17.8M $25M ▲ +40.5%
Year Plans Participants Total Assets
2022 1 120 $18M
2023 1 119 $21M
2024 1 121 $25M

Nearby 401(k) Plans in Michigan

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

Multi-Bank Services, Ltd. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Multi-Bank Services, Ltd. 401(k) Plan, Total assets ($B): 0.024994858 · Participants: 121Multi-Bank Services, Ltd. 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 8.2932975 · Participants: 60497Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Multi-Bank Services, Ltd. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Multi-Bank Services, Ltd. 401(k) Plan side-by-side with 3 peers →

Multi-Bank Services, Ltd. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Sfcs Retirement Savings Plan in VA ($25M); by covered participants it is Mwg Holdings Group, Inc. 401(k) Plan in CA (121 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (121 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 Multi-Bank Services, Ltd. 401(k) Plan assets move in 2024? ▼
Multi-Bank Services, Ltd. 401(k) Plan grew sharply - up 18.4% during 2024, from $21M to $25M. Reported net income was $4M.
How have Multi-Bank Services, Ltd. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Multi-Bank Services, Ltd.'s sponsor-wide assets grew 40.5%, from $18M to $25M.
Which 401(k) plans are similar in size to Multi-Bank Services, Ltd. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Sfcs Retirement Savings Plan in VA ($25M, 108 participants).
Which 401(k) plans cover a similar participant headcount to Multi-Bank Services, Ltd. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Mwg Holdings Group, Inc. 401(k) Plan in CA (121 participants, $104K in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 382584711.

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.