Tech Systems, Inc. Employee Stock Ownership Plan — Form 5500 plan (Tech Systems)

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, Tech Systems, Inc. Employee Stock Ownership Plan is a benefit plan reported by Tech Systems under EIN 58-1895929 and plan number 002. The latest loaded filing year is 2023. The filing reports 342 participants and $33,907,438 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Tech Systems
EIN
58-1895929
Plan number
002
Plan type
2
Location
Buford, GA
Latest filing year
2023
Participants
342
End-of-year plan assets
$33,907,438

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023342H20241014113657NAL0014853107001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$33,907,438
Total liabilities (EOY)
$608,821
Net assets (EOY)
$33,298,617
Net assets (BOY)
$19,928,766

Income & contributions

Employer contributions
$485,387
Total contributions
$485,387
Total income / additions
$13,780,530

Expenses & distributions

Benefits paid
$392,498
Administrative expenses
$0
Total expenses
$410,679
Net increase / (decrease)
$13,369,851

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages