2023 Form 5500 filing — System1 LLC 401(K) Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240718221931NAL0003630867001) for System1 LLC 401(K) Plan, reported by System1 LLC under EIN 82-2387353 and plan number 001. It reports 495 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240718221931NAL0003630867001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- System1 LLC
- EIN
- 82-2387353
- Plan number
- 001
- Location
- Marina Del Rey, CA
- Participants
- 495
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $31,464,249
- Total liabilities (EOY)
- $1,142
- Net assets (EOY)
- $31,463,107
- Employer contributions
- $1,825,244
- Participant contributions
- $3,690,872
- Total income / additions
- $11,534,554
- Benefits paid
- $5,106,300
- Administrative expenses
- $22,959
- Total expenses
- $5,143,293
- Net increase / (decrease)
- $6,391,261
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Oakwood Capital Securities, Inc | BROKER/ADVISER | $0 | $41,019 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $19,587 | not reported in the loaded dataset |
| Truog-Ryding Company, Inc. | CONTRACT ADMIN | $17,836 | not reported in the loaded dataset |
| Kestra Investment Services LLC | BROKER/ADVISOR | $0 | $12,400 |