Systems Depot 401(K) Plan — Form 5500 plan (Systems Depot)

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 Depot 401(K) Plan is a benefit plan reported by Systems Depot under EIN 56-2228173 and plan number 001. The latest loaded filing year is 2023. The filing reports 167 participants and $3,919,925 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$3.9MPlan net assets, end of year$3,919,925
Participants167Covered participants reported
Assets / participant$23.5KComputed: assets ÷ participants$23,473 (computed)
Provider compensationNone reported
Plan sponsor
Systems Depot
EIN
56-2228173
Plan number
001
Plan type
2
Location
Hickory Nc, NC
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
    167 participants · 2Sch H
    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)$3.9M total assets
Net assets$3.9MLiabilities$0
Money in vs. money out
Total income / additions$1M
Total expenses$208.3K
Benefits paid / distributions$205.2K
Contributions
Employer$81.6K
Participant$315.6K
Full reported line items

Net assets

Total assets (EOY)
$3,919,925
Total liabilities (EOY)
$0
Net assets (EOY)
$3,919,925
Net assets (BOY)
$3,100,952

Income & contributions

Employer contributions
$81,641
Participant contributions
$315,649
Total contributions
$409,049
Total income / additions
$1,027,312

Expenses & distributions

Benefits paid
$205,173
Administrative expenses
$3,166
Total expenses
$208,339
Net increase / (decrease)
$818,973
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 21%Participant 79%
Total expenses ÷ net assets5%Computed ratio
Benefits paid ÷ total income20%Computed ratio
Schedule C

Service provider compensation

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

No Schedule C service provider compensation is loaded for this plan yet.

What to inspect next

Frequently asked questions

Who sponsors the Systems Depot 401(K) Plan?
Systems Depot 401(K) Plan is reported as sponsored by Systems Depot (EIN 56-2228173, plan number 001) in public Form 5500 filings.
What is the most recent Form 5500 filing year for Systems Depot 401(K) Plan?
The latest Form 5500 filing year loaded for Systems Depot 401(K) Plan is 2023.
How many participants does Systems Depot 401(K) Plan report?
Systems Depot 401(K) Plan reports 167 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for Systems Depot 401(K) Plan?
Systems Depot 401(K) Plan reports $3,919,925 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