401(k) Simplified Flexible
ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.
Sponsored by Advisortrust, Inc. · South Dakota · Finance & Insurance
What the 2023 filing shows
401(k) Simplified Flexible holds $157M for 3,007 participants — about $52,336 per participant, up 112.7% over the 2024 plan year.
- $157M
- total plan assets (2024 EOY)
- 3,007
- covered participants
- $52,336
- avg assets per participant
- +112.7%
- assets growth YoY
What the Filing Says About 401(k) Simplified Flexible
401(k) Simplified Flexible is a 401(k) retirement plan sponsored by Advisortrust, Inc., headquartered in South Dakota. As of the 2024 Form 5500 filing, the plan reports $157M in total end-of-year assets and covers 3,007 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 464091337, and the plan has been effective since 2021-04-14. Its filing status is currently FILING RECEIVED.
Year over year, total assets moved from $74M at the beginning of 2024 to $157M at year-end — a gain of 112.7%. Net assets (after liabilities) closed the year at $157M, with reported net income of $20M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.
Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.
Financial Summary (2023)
| Total Assets (Beginning of Year) | $74M |
| Total Assets (End of Year) | $157M |
| Net Assets (End of Year) | $157M |
| Net Income | $20M |
| Plan Type | 401(k) |
| Employer EIN | 464091337 |
| Plan Effective Date | 2021-04-14 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Advisortrust, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 7 | 1,804 | $34M |
| 2023 | 7 | 4,006 | $88M |
| 2024 | 7 | 4,700 | $200M |
Nearby 401(k) Plans in South Dakota
Peer 401(k) plans — same state, same plan type — ranked by total assets.
- Black Hills Corporation 401(k) Retirement Savings Plan $727M · 2,972
- Good Samaritan Society 401(k) Plan $254M · 12,894
- Daktronics, Inc. 401(k) Plan $235M · 2,254
- Poet 401(k) Plan $219M · 2,254
- Premier 401(k) Plan $216M · 1,913
Related Data
Guides
Frequently Asked Questions
How much money is in the 401(k) Simplified Flexible? ▼
What type of plan is 401(k) Simplified Flexible? ▼
Who sponsors the 401(k) Simplified Flexible? ▼
How did 401(k) Simplified Flexible perform in 2024? ▼
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How does 401(k) Simplified Flexible compare to other plans? ▼
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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 464091337.
Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.
Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.
Read our methodology — how this data is sourced, computed, and verified.