401(k) · DOL Form 5500 · 2024
Factor Systems, LLC. Dba Billtrust (a Wholly Owned Subsidiary of Btrs 401(k) Plan
Data updated 2026-08-25
- $57M
- Total assets Below avg plan size
- 618
- Participants Below avg headcount
- 86th
- Percentile by assets National rank
- $92,354
- Avg per participant Below avg balance/head
Official DOL plan name: Factor Systems, LLC. Dba Billtrust (a Wholly Owned Subsidiary of Btrs Holdings) · Sponsored by Factor Systems, LLC. Dba Billtrust (a Wholly Owned Subsidiary of Btrs · New Jersey · Professional & Technical Services
$57M in assets, 618 participants
Factor Systems, LLC. Dba Billtrust (a Wholly Owned Subsidiary of Btrs's Factor Systems, LLC. Dba Billtrust (a Wholly Owned Subsidiary of Btrs Holdings) reported $57M in total assets and 618 participants in its 2024 DOL Form 5500 filing, ranking in the 86th 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.
- #17,445 in Professional & Technical Services (20,173 peers)
Where Factor Systems, LLC. Dba Billtrust (a Wholly Owned Subsidiary of Btrs Holdings) sits by assets
Factor Systems, LLC. Dba Billtrust (a Wholly Owned Subsidiary of Btrs Holdings) sits in the top quartile of all filed plans by assets, $57M for 618 participants (~$92,354/participant), up 16.3% in 2024.
- #17,445
- in Professional & Technical Services (20,173 peers)
- +16.3%
- assets growth YoY
- 0.6×
- vs typical plan assets (national mean)
Factor Systems, LLC. Dba Billtrust (a Wholly Owned Subsidiary of Btrs Holdings)'s outsized position by total assets
Factor Systems, LLC. Dba Billtrust (a Wholly Owned Subsidiary of Btrs Holdings) vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$57,074,905 Top 14% higher than 86% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Factor Systems, LLC. Dba Billtrust (a Wholly Owned Subsidiary of Btrs Holdings) 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. Factor Systems, LLC. Dba Billtrust (a Wholly Owned Subsidiary of Btrs Holdings) sits mid-pack in the medium band (618 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Factor Systems, LLC. Dba Billtrust (a Wholly Owned Subsidiary of Btrs Holdings) end-of-year assets rose from $49M in the plan year 2023 filing to $57M in the plan year 2024 filing.
- Factor Systems, LLC. Dba Billtrust (a Wholly Owned Subsidiary of Btrs Holdings) reported participants fell from 716 in the plan year 2023 filing to 618 in the plan year 2024 filing.
- Factor Systems, LLC. Dba Billtrust (a Wholly Owned Subsidiary of Btrs Holdings) reported net income fell from $8M in the plan year 2023 filing to $8M in the plan year 2024 filing.
Published 5500 schedule card
Filing strip 833780685 · Factor Systems, LLC. Dba Billtrust (a Wholly Owned Subsidiary of Btrs PY 2024 · 401(k)
Factor Systems, LLC. Dba Billtrust (a Wholly Owned Subsidiary of Btrs Holdings) · $57M · 618 · 86th
- EOY $57M
- EOY 618
- EOY 86th
- EOY 401(k)
- EOY near Emhart Glass Retirement and Savings Plan
- EOY ind #17445
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 New Jersey →
Factor Systems, LLC. Dba Billtrust (a Wholly Owned Subsidiary of Btrs Holdings) in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $49M |
|---|---|
| Net Assets (End of Year) | $57M |
| Net Income | $8M |
| Employer EIN | 833780685 |
| Plan Effective Date | 2003-09-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Factor Systems, LLC. Dba Billtrust (a Wholly Owned Subsidiary of Btrs)
Sponsor-wide plan assets over time
All Factor Systems, LLC. Dba Billtrust (a Wholly Owned Subsidiary of Btrs plans reported in each filing year
- Latest sponsor-wide plan assets
- $57M 39.446092567389954% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 648 | $41M |
| 2023 | 1 | 716 | $49M |
| 2024 | 1 | 618 | $57M |
Nearby 401(k) Plans in New Jersey
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- JPMorgan Chase 401(k) Savings Plan $52.9B · 185,532
- Verizon Savings Plan for Management Employees $29.4B · 69,218
- Johnson and Johnson Savings Plan $23.6B · 42,583
- Ernst & Young Retirement Savings Plan $18.3B · 56,714
- Merck US Savings Plan $15.0B · 27,956
Factor Systems, LLC. Dba Billtrust (a Wholly Owned Subsidiary of Btrs Holdings)'s out-of-state 401(k) peers by assets and headcount
Outside New Jersey, the nearest 401(k) by assets is Emhart Glass Retirement and Savings Plan in NY ($57M); by covered participants it is Sage Hospice Holdings LLC 401(k) Plan in AZ (618 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($57M here).
Similar participant headcount
Nearest other-state filings by covered participants (618 participants); asset peers above are excluded.
- Sage Hospice Holdings LLC 401(k) Plan (AZ) 618 · 0 off
- Fram Group Employee 401(k) Savings Plan (OH) 618 · 0 off
- Phoenix Logistics, LLC 401(k) Plan (AZ) 618 · 0 off
- Aires 401(k) Profit Sharing Plan (PA) 618 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.