Syn-Tech Systems Retirement Plan — Form 5500 plan (Syn-Tech Systems, Inc.)

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, Syn-Tech Systems Retirement Plan is a benefit plan reported by Syn-Tech Systems, Inc. under EIN 59-2862052 and plan number 001. The latest loaded filing year is 2023. The filing reports 212 participants and $36,541,853 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Syn-Tech Systems, Inc.
EIN
59-2862052
Plan number
001
Plan type
2
Location
Tallahassee, FL
Latest filing year
2023
Participants
212
End-of-year plan assets
$36,541,853

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023212H, C20240906103811NAL0001201345001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$36,541,853
Total liabilities (EOY)
$0
Net assets (EOY)
$36,541,853
Net assets (BOY)
$29,881,463

Income & contributions

Employer contributions
$774,826
Participant contributions
$1,193,917
Total contributions
$1,968,743
Total income / additions
$8,009,925

Expenses & distributions

Benefits paid
$1,344,426
Administrative expenses
$5,109
Total expenses
$1,349,535
Net increase / (decrease)
$6,660,390

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Minnesota Life Insurance CompanyNONE$5,109$02023

Related Form 5500 pages