# System Logistics Corporation 401(k) Plan
Source: https://planprovider.pro/companies/system-logistics-corp-401k-plan

> System Logistics Corporation's 401(k) plan: 232 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** System Logistics Corporation

- **Sponsor EIN:** 475663276

- **Sponsor Address:** 115 VISTA BLVD, ARDEN, NC, 287049457

- **Plan Type:** 401(k)

- **Total Participants:** 232

- **Total Assets:** $7.7M

## 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|232|$7.7M|$482,300|$931,121|

| 2023|202|$5.5M|$417,474|$799,576|

| 2022|171|$3.9M|$241,430|$734,889|

## 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|

| BDG CPAS|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [BDG CPAS](https://planprovider.pro/provider/bdg-cpas) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### 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|$36,668|$29,487|$6,321|—|—|

| 2023|$26,500|$20,240|$5,400|—|—|

| 2022|$40,743|$9,451|$31,292|—|—|

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