Plan Snapshot
- Plan Sponsor: Syscom, INC.
- Sponsor EIN: 900721651
- Sponsor Address: 1685 UINTAH ST - SUITE 103, COLORADO SPRINGS, CO, 80904
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 311
- Total Assets: $2.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2023 | 311 | $2.9M | $131,942 | $616,326 |
| 2022 | 232 | $2.5M | $123,103 | $640,592 |
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 |
|---|---|---|---|---|
| GREAT-WEST LIFE & ANNUITY INSURANCE | Recordkeeper | $31,833 | — | $31,833 |
| GLOBAL RETIREMENT PARTNERS LLC | Investment Advisor | $12,824 | — | $12,824 |
| THE RETIREMENT ADVANTAGE INC | Other Service Provider | $7,675 | $2,594 | $10,269 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GLOBAL RETIREMENT PARTNERS LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $54,926
- Estimated Expense Ratio: 1.876% 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 |
|---|---|---|---|---|---|
| 2023 | $64,889 | — | — | — | — |
| 2022 | $44,245 | — | $44,245 | — | — |