401(k) · DOL Form 5500 · 2024

Tbs Factoring Service, LLC 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
186
Participants Below avg headcount
42nd
Percentile by assets National rank
$26,504
Avg per participant Low balance/head
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Official DOL plan name: Tbs Factoring Service, LLC 401(k) Plan · Sponsored by Tbs Factoring Service, LLC · Oklahoma · Finance & Insurance

$5M in assets, 186 participants

Tbs Factoring Service, LLC's Tbs Factoring Service, LLC 401(k) Plan reported $5M in total assets and 186 participants in its 2024 DOL Form 5500 filing, ranking in the 42nd 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.

  • #2,402 in Finance & Insurance (8,549 peers)

Coverage in Oklahoma

Tbs Factoring Service, LLC 401(k) Plan covers 186 participants in Oklahoma, about 24% of the average Oklahoma filer (state average ~760 per filing). Assets: $5M.

#2,402
in Finance & Insurance (8,549 peers)
-3.4%
assets change YoY

The plan reported a net loss of $173K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Tbs Factoring Service, LLC 401(k) Plan's mid-pack asset rank among Finance & Insurance and all filers

Tbs Factoring Service, LLC 401(k) Plan vs every filed plan by assets

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

$4,929,771 42nd percentile higher than 42% 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

Tbs Factoring Service, LLC 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. Tbs Factoring Service, LLC 401(k) Plan sits mid-pack in the medium band (186 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Tbs Factoring Service, LLC 401(k) Plan reported net income fell from $812K in the plan year 2023 filing to -$173K in the plan year 2024 filing.
  • Tbs Factoring Service, LLC 401(k) Plan reported participants fell from 244 in the plan year 2023 filing to 186 in the plan year 2024 filing.
  • Tbs Factoring Service, LLC 401(k) Plan end-of-year assets fell from $5M in the plan year 2023 filing to $5M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 200829816 · Tbs Factoring Service, LLC PY 2024 · 401(k)

Tbs Factoring Service, LLC 401(k) Plan · $5M · 186 · 42nd

  • BOY $5M
  • BOY 186
  • BOY 42nd
  • BOY 401(k)
  • BOY near Cleland Constructors, Inc. 401(k) Plan
  • BOY ind #2402

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 Oklahoma →

Tbs Factoring Service, LLC 401(k) Plan in the asset neighbourhood

Tbs Factoring Service, LLC 401(k) PlanTbs Factoring Service, LLC 4…$5MCleland Constructors, Inc. 401(k) PlanCleland Constructors, Inc. 4…$5MWellex Corporation 401(k) PlanWellex Corporation 401(k) Pl…$5MRaven Defense Corporation 401(k) PlanRaven Defense Corporation 40…$5MBreault Asphalt Maintenance 401(k) PlanBreault Asphalt Maintenance …$5M
End-of-year total assets ($M) among Tbs Factoring Service, LLC 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Oklahoma filing particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$5M
Net Income-$173K
Employer EIN200829816
Plan Effective Date2010-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Tbs Factoring Service, LLC)

Sponsor-wide plan assets over time

All Tbs Factoring Service, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$5M 14.888412068178368% vs 2022
2024 filing year
$4M$4.5M$5M$5.5M 202220232024 $4.29M $4.93M ▲ +14.9%
Year Plans Participants Total Assets
2022 1 230 $4M
2023 1 244 $5M
2024 1 186 $5M

Nearby 401(k) Plans in Oklahoma

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

Tbs Factoring Service, LLC 401(k) Plan vs. nearby 401(k) plans in Oklahoma, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -20246 Total assets ($B) Participants Tbs Factoring Service, LLC 401(k) Plan, Total assets ($B): 0.004929771 · Participants: 186Tbs Factoring Service, LLC 401(k) PlanQuiktrip Corporation Retirement Plan, Total assets ($B): 4.827423826 · Participants: 13369Quiktrip Corporation Retirement PlanThe Williams Investment Plus Plan, Total assets ($B): 1.978642425 · Participants: 5204The Williams Investment Plus PlanOneok, Inc. 401(k) Plan, Total assets ($B): 1.415489 · Participants: 4756Oneok, Inc. 401(k) PlanBok Financial 401(k) Plan, Total assets ($B): 1.190240873 · Participants: 4907Bok Financial 401(k) PlanDevon Energy Corporation Incentive Savings Plan, Total assets ($B): 1.073833495 · Participants: 1958Devon Energy Corporation Incentive Savings Plan
Tbs Factoring Service, LLC 401(k) Plan vs. nearby 401(k) plans in Oklahoma, assets vs. participants
Compare Tbs Factoring Service, LLC 401(k) Plan side-by-side with 3 peers →

Tbs Factoring Service, LLC 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Oklahoma, the nearest 401(k) by assets is Cleland Constructors, Inc. 401(k) Plan in SC ($5M); by covered participants it is Recovery Unplugged 401(k) Plan in FL (186 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($5M here).

Similar participant headcount

Nearest other-state filings by covered participants (186 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 Tbs Factoring Service, LLC 401(k) Plan assets move in 2024? ▼
Tbs Factoring Service, LLC 401(k) Plan edged down modestly - down 3.4% during 2024, from $5M to $5M. Reported net income was -$173K.
How have Tbs Factoring Service, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Tbs Factoring Service, LLC's sponsor-wide assets grew 14.9%, from $4M to $5M.
Which 401(k) plans are similar in size to Tbs Factoring Service, LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Cleland Constructors, Inc. 401(k) Plan in SC ($5M, 201 participants).
Which 401(k) plans cover a similar participant headcount to Tbs Factoring Service, LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Recovery Unplugged 401(k) Plan in FL (186 participants, $859K 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 200829816.

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.