2023 Form 5500 filing — System Studies & Simulation, Inc. 401(K) And Profit Sharing/Retirement 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 20241025184313NAL0000219715001) for System Studies & Simulation, Inc. 401(K) And Profit Sharing/Retirement Plan, reported by System Studies & Simulation, Inc. under EIN 63-1060391 and plan number 001. It reports 482 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241025184313NAL0000219715001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- System Studies & Simulation, Inc.
- EIN
- 63-1060391
- Plan number
- 001
- Location
- Huntsville, AL
- Participants
- 482
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $59,317,568
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $59,317,568
- Employer contributions
- $1,088,537
- Participant contributions
- $1,676,712
- Total income / additions
- $14,737,347
- Benefits paid
- $8,818,688
- Administrative expenses
- -$45,243
- Total expenses
- $8,790,782
- Net increase / (decrease)
- $5,946,565
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Kestra Advisory Services, LLC Fbo | INVESTMENT ADVISOR | $30,000 | not reported in the loaded dataset |
| Erisa Smart | OTHER SERVICES | $17,488 | not reported in the loaded dataset |
| Hill Fogg & Associates, Pc | ACCOUNTANT/AUDITOR | $5,785 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | -$98,516 | $0 |