Neosystems Corp. Employees 401(K) And Profit Sharing Plan — Form 5500 plan (Neosystems Corp.)

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, Neosystems Corp. Employees 401(K) And Profit Sharing Plan is a benefit plan reported by Neosystems Corp. under EIN 47-0907606 and plan number 001. The latest loaded filing year is 2023. The filing reports 226 participants and $29,552,665 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$29.6MPlan net assets, end of year$29,552,665
Participants226Covered participants reported
Assets / participant$130.8KComputed: assets ÷ participants$130,764 (computed)
Provider compensation$40K2 Schedule C provider row(s)$40,000
Plan sponsor
Neosystems Corp.
EIN
47-0907606
Plan number
001
Plan type
2
Location
Reston, VA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023226H, C20241015074610NAL0014208499001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$29.6M total assets
Net assets$29.6MLiabilities$0
Money in vs. money out
Total income / additions$7.1M
Total expenses$2.2M
Benefits paid / distributions$2.1M
Contributions
Employer$766K
Participant$1.9M
Full reported line items

Net assets

Total assets (EOY)
$29,552,665
Total liabilities (EOY)
$0
Net assets (EOY)
$29,552,665
Net assets (BOY)
$24,664,032

Income & contributions

Employer contributions
$765,959
Participant contributions
$1,939,955
Total contributions
$2,973,606
Total income / additions
$7,075,613

Expenses & distributions

Benefits paid
$2,110,929
Administrative expenses
$40,000
Total expenses
$2,186,980
Net increase / (decrease)
$4,888,633
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 28%Participant 72%
Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income30%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Global Retirement Partners LLCINVESTMENT ADVISOR$40,000not reported in the loaded dataset2023
Empower Annuity Insurance Company ORECORDKEEPER$0$02023

Related Form 5500 pages