Open Systems Technologies Corp 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Open Systems Technologies Corp)

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, Open Systems Technologies Corp 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Open Systems Technologies Corp under EIN 52-1987398 and plan number 001. The latest loaded filing year is 2023. The filing reports 188 participants and $9,501,774 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Open Systems Technologies Corp
EIN
52-1987398
Plan number
001
Plan type
2
Location
Gainesville, VA
Latest filing year
2023
Participants
188
End-of-year plan assets
$9,501,774

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023188H, C20241011162919NAL0045117266001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$9,501,774
Total liabilities (EOY)
$0
Net assets (EOY)
$9,501,774
Net assets (BOY)
$5,996,901

Income & contributions

Employer contributions
$706,615
Participant contributions
$1,497,800
Total contributions
$2,796,255
Total income / additions
$4,007,959

Expenses & distributions

Benefits paid
$485,119
Administrative expenses
$17,967
Total expenses
$503,086
Net increase / (decrease)
$3,504,873

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Paychex, Inc.RECORDKEEPER$10,251not reported in the loaded dataset2023
Doane Cpa Firm LLCAUDITOR$6,500not reported in the loaded dataset2023

Related Form 5500 pages