2023 Form 5500 filing — System Development, Inc Employee Stock Ownership 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 20241010113806NAL0011423779001) for System Development, Inc Employee Stock Ownership Plan, reported by System Development, Inc under EIN 76-0265294 and plan number 002. It reports 11 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$298KReported net assets$298,019
Participants11
Provider compensationNone reported
Schedules filedSchedule ILoaded schedules
EFAST2 acknowledgement
20241010113806NAL0011423779001
Plan sponsor
System Development, Inc
EIN
76-0265294
Plan number
002
Location
Houston, TX
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
Schedule I · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$298K total assets
Net assets$298KLiabilities$0
Money in vs. money out
Total income / additions-$44K
Total expenses$32.1K
Benefits paid / distributions$32.1K
Contributions
Employer$24.3K
Participant$0
Full reported line items
Total assets (EOY)
$298,019
Total liabilities (EOY)
$0
Net assets (EOY)
$298,019
Employer contributions
$24,260
Participant contributions
$0
Total income / additions
-$44,036
Benefits paid
$32,059
Administrative expenses
$0
Total expenses
$32,083
Net increase / (decrease)
-$76,119

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241010113806NAL0011423779001 cover?
It is the 2023 Form 5500 filing for System Development, Inc Employee Stock Ownership Plan, reported by System Development, Inc (EIN 76-0265294).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule I (small plan financials).

Related Form 5500 pages