2023 Form 5500 filing — Systems Technologies, Inc. 401k Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240828091106NAL0019328528001) for Systems Technologies, Inc. 401k Plan, reported by Systems Technologies, Inc. under EIN 22-3024504 and plan number 001. It reports 136 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240828091106NAL0019328528001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Systems Technologies, Inc.
- EIN
- 22-3024504
- Plan number
- 001
- Location
- West Long Branch, NJ
- Participants
- 136
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $19,920,555
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $19,920,555
- Employer contributions
- $196,479
- Participant contributions
- $742,941
- Total income / additions
- $3,980,516
- Benefits paid
- $933,745
- Administrative expenses
- $45,265
- Total expenses
- $979,010
- Net increase / (decrease)
- $3,001,506
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Saiph Capital, LLC | SERVICE PROVIDER | $27,675 | not reported in the loaded dataset |
| Withum Smith Brown | SERVICE PROVIDER | $16,640 | not reported in the loaded dataset |
| Voya Retirement Insurance & Annuity | RECORD KEEPER | $950 | $0 |