System Logistics Corporation 401(K) Profit Sharing Plan & Trust — Form 5500 plan (System Logistics Corporation)
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, System Logistics Corporation 401(K) Profit Sharing Plan & Trust is a benefit plan reported by System Logistics Corporation under EIN 47-5663276 and plan number 001. The latest loaded filing year is 2023. The filing reports 187 participants and $5,502,984 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- System Logistics Corporation
- EIN
- 47-5663276
- Plan number
- 001
- Plan type
- 2
- Location
- Arden, NC
- Latest filing year
- 2023
- Participants
- 187
- End-of-year plan assets
- $5,502,984
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 187 | H, C | 20241011082647NAL0022406993001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $5,502,984
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,502,984
- Net assets (BOY)
- $3,927,323
Income & contributions
- Employer contributions
- $417,474
- Participant contributions
- $799,576
- Total contributions
- $1,297,574
- Total income / additions
- $2,053,827
Expenses & distributions
- Benefits paid
- $451,666
- Administrative expenses
- $26,500
- Total expenses
- $478,166
- Net increase / (decrease)
- $1,575,661
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Excel Wealth Management, LLC | ADVISOR | $18,050 | not reported in the loaded dataset | 2023 |