401(k) · DOL Form 5500 · 2024

Financial Business Systems, Inc. 401(k) Plan

Data updated 2026-08-25

$19M
Total assets Small plan by assets
123
Participants Small participant base
69th
Percentile by assets National rank
$155,942
Avg per participant Above avg balance/head
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Official DOL plan name: Financial Business Systems, Inc. 401(k) Plan · Sponsored by Financial Business Systems, Inc. · North Dakota · Information & Media

$19M in assets, 123 participants

Financial Business Systems, Inc.'s Financial Business Systems, Inc. 401(k) Plan reported $19M in total assets and 123 participants in its 2024 DOL Form 5500 filing, ranking in the 69th 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.

  • #1,678 in Information & Media (2,822 peers)

Coverage in North Dakota

Financial Business Systems, Inc. 401(k) Plan covers 123 participants in North Dakota, about 24% of the average North Dakota filer (state average ~504 per filing). Assets: $19M.

#1,678
in Information & Media (2,822 peers)
+18.0%
assets growth YoY

Financial Business Systems, Inc. 401(k) Plan's outsized position by total assets

Financial Business Systems, Inc. 401(k) Plan vs every filed plan by assets

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

$19,180,922 Top 31% higher than 69% 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

Financial Business Systems, Inc. 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. Financial Business Systems, Inc. 401(k) Plan sits mid-pack in the medium band (123 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Financial Business Systems, Inc. 401(k) Plan end-of-year assets rose from $16M in the plan year 2023 filing to $19M in the plan year 2024 filing.
  • Financial Business Systems, Inc. 401(k) Plan reported net income fell from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Financial Business Systems, Inc. 401(k) Plan reported participants rose from 117 in the plan year 2023 filing to 123 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 450346952 · Financial Business Systems, Inc. PY 2024 · 401(k)

Financial Business Systems, Inc. 401(k) Plan · $19M · 123 · 69th

  • BOY $19M
  • BOY 123
  • BOY 69th
  • BOY 401(k)
  • BOY near Kansas Surgery & Recovery Center 401(k) Plan
  • BOY ind #1678

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 Information & Media retirement plans → · Plans in North Dakota →

Financial Business Systems, Inc. 401(k) Plan in the asset neighbourhood

Financial Business Systems, Inc. 401(k) PlanFinancial Business Systems, …$19MKansas Surgery & Recovery Center 401(k) PlanKansas Surgery & Recovery Ce…$19MHomes by West Bay 401(k) Plan$19MThe Vincit Company, LLC 401(k) PlanThe Vincit Company, LLC 401(…$19MYakima Products, Inc. 401(k) Savings PlanYakima Products, Inc. 401(k)…$19M
End-of-year total assets ($M) among Financial Business Systems, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

North Dakota filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$19M
Net Income$3M
Employer EIN450346952
Plan Effective Date1998-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Financial Business Systems, Inc.)

Sponsor-wide plan assets over time

All Financial Business Systems, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$63M 26.467157498549334% vs 2022
2024 filing year
$45M$50M$55M$60M$65M 202220232024 $49.5M $62.7M ▲ +26.5%
Year Plans Participants Total Assets
2022 2 210 $50M
2023 2 231 $55M
2024 2 244 $63M

Nearby 401(k) Plans in North Dakota

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

Financial Business Systems, Inc. 401(k) Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -101234 Total assets ($B) Participants Financial Business Systems, Inc. 401(k) Plan, Total assets ($B): 0.019180922 · Participants: 123Financial Business Systems, Inc. 401(k) PlanSanford Retirement Savings Plan, Total assets ($B): 3.602462001 · Participants: 31958Sanford Retirement Savings PlanKnife River Corporation 401(k) Retirement Plan, Total assets ($B): 0.856387415 · Participants: 5327Knife River Corporation 401(k) Retirement PlanMdu Resources Group, Inc. 401(k) Retirement Plan, Total assets ($B): 0.775551136 · Participants: 3465Mdu Resources Group, Inc. 401(k) Retirement PlanEide Bailly LLP 401(k) Profit Sharing Plan, Total assets ($B): 0.615317303 · Participants: 2920Eide Bailly LLP 401(k) Profit Sharing PlanOffutt Companies 401(k) Savings Plan, Total assets ($B): 0.591992052 · Participants: 5199Offutt Companies 401(k) Savings Plan
Financial Business Systems, Inc. 401(k) Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants
Compare Financial Business Systems, Inc. 401(k) Plan side-by-side with 3 peers →

Financial Business Systems, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Dakota, the nearest 401(k) by assets is Kansas Surgery & Recovery Center 401(k) Plan in KS ($19M); by covered participants it is Clark's Termite & Pest Control 401(k) Plan in NJ (123 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($19M here).

Similar participant headcount

Nearest other-state filings by covered participants (123 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 Financial Business Systems, Inc. 401(k) Plan assets move in 2024? ▼
Financial Business Systems, Inc. 401(k) Plan grew sharply - up 18.0% during 2024, from $16M to $19M. Reported net income was $3M.
How have Financial Business Systems, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Financial Business Systems, Inc.'s sponsor-wide assets grew 26.5%, from $50M to $63M.
Which 401(k) plans are similar in size to Financial Business Systems, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Kansas Surgery & Recovery Center 401(k) Plan in KS ($19M, 190 participants).
Which 401(k) plans cover a similar participant headcount to Financial Business Systems, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Clark's Termite & Pest Control 401(k) Plan in NJ (123 participants, $2M 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 450346952.

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.