Specialty Systems 401(K) Plan — Form 5500 plan (Specialty Systems 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, Specialty Systems 401(K) Plan is a benefit plan reported by Specialty Systems Inc. under EIN 22-2247050 and plan number 001. The latest loaded filing year is 2023. The filing reports 121 participants and $19,080,278 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Specialty Systems Inc.
- EIN
- 22-2247050
- Plan number
- 001
- Plan type
- 2
- Location
- Toms River, NJ
- Latest filing year
- 2023
- Participants
- 121
- End-of-year plan assets
- $19,080,278
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 121 | H, C | 20240829133901NAL0007647459001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $19,080,278
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $19,080,278
- Net assets (BOY)
- $18,103,327
Income & contributions
- Employer contributions
- $201,129
- Participant contributions
- $1,220,971
- Total contributions
- $1,584,440
- Total income / additions
- $4,534,941
Expenses & distributions
- Benefits paid
- $3,524,405
- Administrative expenses
- $5,332
- Total expenses
- $3,557,990
- Net increase / (decrease)
- $976,951
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $1,050 | $0 | 2023 |