Systems Solution, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Service Solutions, Inc. Dba Systems Solution, 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, Systems Solution, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Service Solutions, Inc. Dba Systems Solution, Inc. under EIN 23-2655840 and plan number 002. The latest loaded filing year is 2023. The filing reports 145 participants and $0 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$0Plan net assets, end of year
Participants145Covered participants reported
Assets / participant$0Computed: assets ÷ participants$0 (computed)
Provider compensation$37K3 Schedule C provider row(s)$37,040
- Plan sponsor
- Service Solutions, Inc. Dba Systems Solution, Inc.
- EIN
- 23-2655840
- Plan number
- 002
- Plan type
- 2
- Location
- Wayne, PA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 145 | H, C | 20241011141059NAL0022905233001 |
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.
Full reported line items
Net assets
- Total assets (EOY)
- $0
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $0
- Net assets (BOY)
- $8,631,712
Income & contributions
- Employer contributions
- $39,298
- Participant contributions
- $212,270
- Total contributions
- $251,568
- Total income / additions
- $1,327,148
Expenses & distributions
- Benefits paid
- $9,958,860
- Administrative expenses
- $0
- Total expenses
- $9,958,860
- Net increase / (decrease)
- -$8,631,712
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Delaware Valley Retirement, Inc. | THIRD PARTY ADMINISTRATOR | $14,578 | not reported in the loaded dataset | 2023 |
| Nationwide | RECORD KEEPER | $13,298 | $0 | 2023 |
| Mml Investors Services, LLC | FINANCIAL ADVISOR | $9,164 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Service Solutions, Inc. Dba Systems Solution, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in PA
- 401(k) and benefit plan filings in Wayne, PA
- Delaware Valley Retirement, Inc. — Schedule C compensation
- Nationwide — Schedule C compensation
- Mml Investors Services, LLC — Schedule C compensation