401(k) · DOL Form 5500 · 2023

Advisortrust, Inc. 401(k) Plan

Data updated 2026-08-11

$76M
Total assets
3,026
Participants
89th
Percentile by assets
$24,964
Avg per participant
PlainRetire home → About this data

Official DOL plan name: 401(k) Simplified Flexible · Sponsored by Advisortrust, Inc. · South Dakota · Finance & Insurance

$76M in assets, 3,026 participants

Advisortrust, Inc.'s 401(k) Simplified Flexible reported $76M in total assets and 3,026 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • 89th percentile by assets (of 127,072 plans)
  • #7,391 in Finance & Insurance (8,869 peers)

Coverage in South Dakota

401(k) Simplified Flexible covers 3,026 participants in South Dakota, 8.9x the typical South Dakota plan (state average ~340 per filing). Assets: $76M.

$76M
total plan assets (2023 EOY)
3,026
covered participants
89th
percentile by assets (of 127,072 plans)
$24,964
avg assets per participant

Where 401(k) Simplified Flexible sits by total assets

401(k) Simplified Flexible vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$75,541,450 Top 11% higher than 89% of 127,068 filed plans

This plan $0 $2,010,000,000 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 2023

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • 401(k) Simplified Flexible reported net income rose from $514K in the plan year 2022 filing to $18M in the plan year 2023 filing.
  • 401(k) Simplified Flexible end-of-year assets rose from $34M in the plan year 2022 filing to $76M in the plan year 2023 filing.
  • 401(k) Simplified Flexible reported participants rose from 1,633 in the plan year 2022 filing to 3,026 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
South Dakota
Industry
Finance & Insurance

Participants vs South Dakota filers

In South Dakota, the average filing covers about 340 participants across 321 plans. 401(k) Simplified Flexible reports 3,026 participants - 8.9x that state average ($76M EOY assets).

South Dakota filing particulars

Total Assets (Beginning of Year)$34M
Net Assets (End of Year)$76M
Net Income$18M
Employer EIN464091337
Plan Effective Date2021-04-14
Filing StatusFILING RECEIVED

Sponsor Plan History (Advisortrust, Inc.)

$0M$100M$200M$300M 202220232024 $40.7M $248M ▲ +508.5%
Total plan assets by year, all Advisortrust, Inc. plans on file
Year Plans Participants Total Assets
2022 7 1,804 $41M
2023 7 4,006 $115M
2024 7 4,982 $248M

Nearby 401(k) Plans in South Dakota

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

401(k) Simplified Flexible vs. nearby 401(k) plans in South Dakota, assets vs. participants Scatter plot of 6 data points. 050001000015000 0200400600800 Total assets ($M) Participants 401(k) Simplified Fl…, Total assets ($M): 75.54145 · Participants: 3026401(k) Simplified Fl…Black Hills Corporat…, Total assets ($M): 726.965765 · Participants: 2972Black Hills Corporat…Good Samaritan Socie…, Total assets ($M): 254.213431 · Participants: 12894Good Samaritan Socie…Daktronics, Inc. 401…, Total assets ($M): 235.476974 · Participants: 2254Daktronics, Inc. 401…Poet 401(k) Plan, Total assets ($M): 219.059384 · Participants: 2254Poet 401(k) PlanPremier 401(k) Plan, Total assets ($M): 215.996195 · Participants: 1913Premier 401(k) Plan
401(k) Simplified Flexible vs. nearby 401(k) plans in South Dakota, assets vs. participants
Compare 401(k) Simplified Flexible side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to 401(k) Simplified Flexible by total assets, not by location.

Frequently Asked Questions

How did 401(k) Simplified Flexible assets move in 2023? ▼
401(k) Simplified Flexible surged - up 125.4% during 2023, from $34M to $76M. Reported net income was $18M.
How have Advisortrust, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Advisortrust, Inc.'s sponsor-wide assets grew 508.5%, from $41M to $248M.
Where does 401(k) Simplified Flexible rank by assets among Form 5500 filers? ▼
401(k) Simplified Flexible ranks in the 89th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to 401(k) Simplified Flexible? ▼
Among 401(k) plans in other states, the closest by assets is U.S. Physical Therapy, Inc. 401(k) Platinum Plan in TX ($76M, 2,182 participants).

Next read for 401(k) Simplified Flexible

Filing takeaways

Ways to act on 401(k) Simplified Flexible's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 464091337.

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.