How big is Data Business Systems, Inc.'s plan?

Data Business Systems, Inc.'s plan reported $7.7M in assets and 16 participants for 2024.

Original filing (PDF)20260317151304NAL0001845235001

Data Business Systems, Inc.

Name: Data Business Systems, Inc. — Data Business Systems, Form 5500 (2024)
Creator: Data Business Systems, Inc.
License: https://www.usa.gov/government-works

Form 5500-SF

FILING_RECEIVED

Data Business Systems, Inc. Employees' 401(k) Profit Sharing Plan & Trust

401(k) retirement plan · Data Business Systems, Inc.'s Data Business Systems, Inc. Employees' 401(k) Profit Sharing Plan & Trust held $7.7M in plan assets for 16 participants in 2024.

Active participants

Accounts w/ balance

Plan assets (EOY)

$7.7M

Net assets (EOY)

$7.7M

People on this filing

Connie Clayton signed Data Business Systems, Inc.'s 2024 Form 5500 as plan administrator.

Connie Clayton — Plan Administrator — Form 5500 signer

Get verified email & phone for these signers

Signer names are public record from the Form 5500 e-signature.

Plan identifiers

Data Business Systems, Inc.'s EIN is 54-1041641.

EIN 54-1041641

Plan number 001

Plan year 2024

ACK ID 20260317151304NAL0001845235001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for Data Business Systems, Inc. from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

Data Business Systems, Inc.'s plan includes profit-sharing, ERISA 404(c) participant direction, a 401(k) feature, a default investment (QDIA).

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for DATA BUSINESS SYSTEMS, INC..

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Plan health score

Top-tier plan health

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool. Based on 70% of scoring inputs for this filing.

Compliance & integrity

100

Total plan cost

n/a

Plan health

Vendor & structure

100

Helping the score

Cost not scored — no comparable Schedule H expense data for this cohort.
High account-holder ratio — balance-holders per active participant in the top 15% of peers (92nd percentile).

Plan sponsor

Name

DATA BUSINESS SYSTEMS, INC.

EIN

all filings

Address

PO BOX 62341 156 BUSINESS PARK DRIV · VIRGINIA BEACH, VA · 234662341

Phone

(757) 490-1294

Industry

Retail Trade

Plan administrator