Plan Snapshot
- Plan Sponsor: Systolic, INC.
- Sponsor EIN: 522174966
- Sponsor Address: 855 COTTONWOOD DRIVE, SEVERNA PARK, MD, 21146
- Plan Type: 401(k)
- Total Participants: 297
- Total Assets: $102.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 297 | $102.2M | $7.0M | $4.8M |
| 2023 | 259 | $77.5M | $5.6M | $4.2M |
| 2022 | 214 | $56.7M | $4.8M | $3.7M |
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 |
|---|---|---|---|---|
| SC&H ATTEST SERVICES, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SC&H ATTEST SERVICES, P.C. — 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 | $169,412 | $108,328 | $300 | — | — |
| 2023 | $131,485 | $87,782 | — | — | — |
| 2022 | $121,671 | — | — | — | — |