2023 Form 5500 filing — Syscom, Inc. 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 20241015132131NAL0028556497001) for Syscom, Inc. 401(K) Plan, reported by Syscom, Inc. under EIN 90-0721651 and plan number 001. It reports 338 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015132131NAL0028556497001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Syscom, Inc.
- EIN
- 90-0721651
- Plan number
- 001
- Location
- Colorado Springs, CO
- Participants
- 338
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $2,927,263
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,927,263
- Employer contributions
- $131,942
- Participant contributions
- $616,326
- Total income / additions
- $1,167,514
- Benefits paid
- $707,798
- Administrative expenses
- $64,889
- Total expenses
- $782,511
- Net increase / (decrease)
- $385,003
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Great-West Life & Annuity Insurance | RECORDKEEPER | $31,833 | $0 |
| Global Retirement Partners LLC | INVESTMENT ADVISOR | $12,824 | not reported in the loaded dataset |
| The Retirement Advantage Inc | CONTRACT ADMIN | $7,675 | $2,594 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $1,287 | not reported in the loaded dataset |