2023 Form 5500 filing — The Systems Group 401k And Profit Sharing 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 20241003164325NAL0010182593001) for The Systems Group 401k And Profit Sharing Plan, reported by The Systems Group under EIN 71-0567684 and plan number 002. It reports 757 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241003164325NAL0010182593001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- The Systems Group
- EIN
- 71-0567684
- Plan number
- 002
- Location
- El Dorado, AR
- Participants
- 757
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $21,409,565
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $21,409,565
- Employer contributions
- $676,260
- Participant contributions
- $2,762,655
- Total income / additions
- $6,370,046
- Benefits paid
- $2,236,976
- Administrative expenses
- $25,656
- Total expenses
- $2,453,050
- Net increase / (decrease)
- $3,916,996
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Ubs Financial Services Inc | INVESTMENT ADVISORY | $0 | $63,151 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $25,655 | $0 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 |