Syntax 401(K) Savings Plan — Form 5500 plan (Syntax Systems Usa Lp)

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, Syntax 401(K) Savings Plan is a benefit plan reported by Syntax Systems Usa Lp under EIN 03-0524476 and plan number 001. The latest loaded filing year is 2023. The filing reports 450 participants and $52,653,503 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Syntax Systems Usa Lp
EIN
03-0524476
Plan number
001
Plan type
2
Location
Morrisville, NC
Latest filing year
2023
Participants
450
End-of-year plan assets
$52,653,503

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023450H, C20250430122921NAL0001862129001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$52,653,503
Total liabilities (EOY)
$0
Net assets (EOY)
$52,653,503
Net assets (BOY)
$43,119,705

Income & contributions

Employer contributions
$2,422,757
Participant contributions
$4,331,151
Total contributions
$7,042,680
Total income / additions
$14,960,097

Expenses & distributions

Benefits paid
$5,209,849
Administrative expenses
$166,328
Total expenses
$5,426,299
Net increase / (decrease)
$9,533,798

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Gallagher Benefit Services Inc DbaINVESTMENT ADVISOR$67,987not reported in the loaded dataset2023
Empower Annuity Insurance Company ORECORDKEEPER$65,266$02023
Empower Advisory Group, LLCINVESTMENT MGMT$33,074not reported in the loaded dataset2023

Related Form 5500 pages