Profit Sharing · DOL Form 5500 · 2022

David W. Powell Profit Sharing Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
4
Participants Small participant base
33rd
Percentile by assets National rank
$469,878
Avg per participant High balance/head
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Official DOL plan name: Sytek Consultants Profit Sharing Plan · Sponsored by David W. Powell · New York · Professional & Technical Services

$2M in assets, 4 participants

David W. Powell's Sytek Consultants Profit Sharing Plan reported $2M in total assets and 4 participants in its 2022 DOL Form 5500 filing, ranking in the 33rd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #6,339 in Professional & Technical Services (21,562 peers)

2022 asset change

Sytek Consultants Profit Sharing Plan pulled back noticeably 10.7% in 2022 ($2M → $2M) for 4 participants.

#6,339
in Professional & Technical Services (21,562 peers)
-10.7%
assets change YoY

The plan reported a net loss of $226K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Sytek Consultants Profit Sharing Plan among the smaller filed plans by assets

Sytek Consultants Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$1,879,511 33rd percentile higher than 33% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Sytek Consultants Profit Sharing Plan among micro filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sytek Consultants Profit Sharing Plan is a micro filing (4 participants), the leftmost band.

DOL schedule card

Filing strip 161372207 · David W. Powell PY 2022 · Profit Sharing

Sytek Consultants Profit Sharing Plan · $2M · 4 · 33rd

  • NET $2M
  • BOOK 4
  • VS-ST 33rd
  • BOY Profit Sharing
  • SCH near Michael R. Savona, M.D., a Sole Proprietorship, Profit Sharing Plan
  • EBSA ind #6339

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Professional & Technical Services retirement plans → · Plans in New York →

Sytek Consultants Profit Sharing Plan in the asset neighbourhood

Sytek Consultants Profit Sharing PlanSytek Consultants Profit Sha…$2MMichael R. Savona, M.D., a Sole Proprietorship, Profit Sharing PlanMichael R. Savona, M.D., a S…$2MM.C.C.a.B. 403(b) Plan$2MRenmar Dme Inc. Retirement PlanRenmar Dme Inc. Retirement P…$2MJamil Ahmed Md, PC Profit Sharing PlanJamil Ahmed Md, PC Profit Sh…$2M
End-of-year total assets ($M) among Sytek Consultants Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

David W. Powell years around the 2022 move

Sponsor-wide plan assets over time

All David W. Powell plans reported in each filing year

Latest sponsor-wide plan assets
$3M 3.3751750587945355% vs 2022
2024 filing year
$2.8M$3M$3.2M$3.4M$3.6M 202220232024 $3.13M $3.03M ▼ -3.2%
Year Plans Participants Total Assets
2022 2 8 $3M
2023 2 8 $3M
2024 2 8 $3M

2022 asset-move particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income-$226K
Employer EIN161372207
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in New York

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Sytek Consultants Profit Sharing Plan vs. nearby Profit Sharing plans in New York, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -0.500.511.522.5 Total assets ($B) Participants Sytek Consultants Profit Sharing Plan, Total assets ($B): 0.001879511 · Participants: 4Sytek Consultants Profit Sharing PlanAnnuity Plan of the Electrical Industry, Total assets ($B): 1.982735962 · Participants: 19997Annuity Plan of the Electrical IndustryAnnuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO, Total assets ($B): 1.649838154 · Participants: 3494Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIOAnnuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO, Total assets ($B): 1.458865603 · Participants: 5696Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIOThe Research Foundation for Suny Retirement Plan, Total assets ($B): 1.065250862 · Participants: 11139The Research Foundation for Suny Retirement PlanMason Tenders District Council Annuity Fund, Total assets ($B): 0.836936679 · Participants: 11072Mason Tenders District Council Annuity Fund
Sytek Consultants Profit Sharing Plan vs. nearby Profit Sharing plans in New York, assets vs. participants

Sytek Consultants Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside New York, the nearest Profit Sharing by assets is Michael R. Savona, M.D., a Sole Proprietorship, Profit Sharing Plan in HI ($2M); by covered participants it is Arz Education Retirement Plan in CA (4 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (4 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Sytek Consultants Profit Sharing Plan assets move in 2022?
Sytek Consultants Profit Sharing Plan pulled back noticeably - down 10.7% during 2022, from $2M to $2M. Reported net income was -$226K.
How have David W. Powell plan assets changed over time?
Across 3 plan years on file (2022-2024), David W. Powell's sponsor-wide assets declined 3.4%, from $3M to $3M.
Which Profit Sharing plans are similar in size to Sytek Consultants Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Michael R. Savona, M.D., a Sole Proprietorship, Profit Sharing Plan in HI ($2M, 3 participants).
Which Profit Sharing plans cover a similar participant headcount to Sytek Consultants Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Arz Education Retirement Plan in CA (4 participants, N/A in assets).