Plan Snapshot
- Plan Sponsor: Syn-Tech Systems, INC.
- Sponsor EIN: 592862052
- Sponsor Address: 100 FOUR POINTS WAY, TALLAHASSEE, FL, 32305
- Plan Type: 401(k)
- Total Participants: 171
- Total Assets: $42.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 171 | $42.8M | $836,425 | $1.3M |
| 2023 | 174 | $36.5M | $774,826 | $1.2M |
| 2022 | 162 | $29.9M | $711,337 | $1.1M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| STANCORP FINANCIAL GROUP | NONE | $52,014 | — | $52,014 |
| THOMAS HOWELL FERGUSON | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STANCORP FINANCIAL GROUP — NONE
- THOMAS HOWELL FERGUSON — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $52,014
- Estimated Expense Ratio: 0.122% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $6,845 | — | $6,845 | — | — |
| 2023 | $5,109 | — | $5,109 | — | — |
| 2022 | $8,063 | — | $8,063 | — | — |