2023 Form 5500 filing — Syntax 401(K) Savings 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 20250430122921NAL0001862129001) for Syntax 401(K) Savings Plan, reported by Syntax Systems Usa Lp under EIN 03-0524476 and plan number 001. It reports 450 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250430122921NAL0001862129001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Syntax Systems Usa Lp
- EIN
- 03-0524476
- Plan number
- 001
- Location
- Morrisville, NC
- Participants
- 450
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $52,653,503
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $52,653,503
- Employer contributions
- $2,422,757
- Participant contributions
- $4,331,151
- Total income / additions
- $14,960,097
- Benefits paid
- $5,209,849
- Administrative expenses
- $166,328
- Total expenses
- $5,426,299
- Net increase / (decrease)
- $9,533,798
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Gallagher Benefit Services Inc Dba | INVESTMENT ADVISOR | $67,987 | not reported in the loaded dataset |
| Empower Annuity Insurance Company O | RECORDKEEPER | $65,266 | $0 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $33,074 | not reported in the loaded dataset |