Plan5500

Syntec Technologies, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Syntec Technologies, Inc.)

Plain-English plan 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, Syntec Technologies, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Syntec Technologies, Inc. under EIN 04-3447217 and plan number 001. The latest loaded filing year is 2023. The filing reports 195 participants and $10,916,546 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$10.9MPlan net assets, end of year$10,916,546
Participants195Covered participants reported
Assets / participant$56KComputed: assets ÷ participants$55,982 (computed)
Provider compensation$55.4K3 Schedule C provider row(s)$55,397
Plan sponsor
Syntec Technologies, Inc.
EIN
04-3447217
Plan number
001
Plan type
2
Location
Rochester, NY
Latest filing year
2023
How to read this plan profile
  • Net assets = total assets minus total liabilities, end of year (Schedule H/I).
  • Assets / participant is computed (assets ÷ reported participants) — a ratio, not a filed figure.
  • Schedule chips (Sch H / I / C) show which schedules each filing includes.
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • Figures are reported as filed, in whole dollars; verify against the official DOL/EBSA record before relying on them.
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    195 participants · 2Sch HSch C
    View filing →
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$10.9M total assets
Net assets$10.9MLiabilities—
Money in vs. money out
Total income / additions$2.2M
Total expenses$642.4K
Benefits paid / distributions$587K
Contributions
Employer$171.4K
Participant$547.7K
Full reported line items

Net assets

Total assets (EOY)
$10,916,546
Net assets (EOY)
$10,916,546
Net assets (BOY)
$9,318,900

Income & contributions

Employer contributions
$171,434
Participant contributions
$547,705
Total contributions
$767,203
Total income / additions
$2,240,027

Expenses & distributions

Benefits paid
$586,984
Administrative expenses
$55,397
Total expenses
$642,381
Net increase / (decrease)
$1,597,646
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 24%Participant 76%
Total expenses ÷ net assets6%Computed ratio
Benefits paid ÷ total income26%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    Merrill Lynch Pierce Fenner & Smith$36K
    CONSULTANT · Direct $36K
  2. 2
    Principal Life Insurance Company$17.6K
    CONTRACT ADMINISTRATOR · Direct $17.6K
  3. 3
    Actuarial Consulting Services, Inc.$1.8K
    CONTRACT ADMINISTRATOR · Direct $1.8K

What to inspect next

Frequently asked questions

Who sponsors the Syntec Technologies, Inc. 401(K) Profit Sharing Plan?
Syntec Technologies, Inc. 401(K) Profit Sharing Plan is reported as sponsored by Syntec Technologies, Inc. (EIN 04-3447217, plan number 001) in public Form 5500 filings.
What is the most recent Form 5500 filing year for Syntec Technologies, Inc. 401(K) Profit Sharing Plan?
The latest Form 5500 filing year loaded for Syntec Technologies, Inc. 401(K) Profit Sharing Plan is 2023.
How many participants does Syntec Technologies, Inc. 401(K) Profit Sharing Plan report?
Syntec Technologies, Inc. 401(K) Profit Sharing Plan reports 195 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for Syntec Technologies, Inc. 401(K) Profit Sharing Plan?
Syntec Technologies, Inc. 401(K) Profit Sharing Plan reports $10,916,546 in end-of-year plan assets in its latest loaded Form 5500 filing.
Form 5500 terms, in plain English
Form 5500
The annual report most U.S. employee benefit plans file with the Department of Labor through the EFAST2 system. It documents the plan sponsor, participants, finances, and service-provider compensation.
Schedule H
The financial statement for larger plans (generally 100+ participants): assets, liabilities, net assets, income, expenses, and the net change.
Schedule I
The condensed financial statement for smaller plans, covering the same kinds of figures in less detail.
Schedule C
Reports compensation paid to the plan’s service providers — both direct and indirect.
Net assets
Total assets minus total liabilities at the end of the year — what the plan holds for participants.
Employer / participant contributions
Money contributed to the plan by the employer and by participants during the year.

Figures are reported as filed and may contain errors or omissions. Verify against the official DOL/EBSA record before relying on any value.

Related Form 5500 pages