Money Purchase · DOL Form 5500 · 2022

David W. Powell Money Purchase Plan

Data updated 2026-08-11

$1M
Total assets
4
Participants
27th
Percentile by assets
$313,252
Avg per participant
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Official DOL plan name: Sytek Consultants Money Purchase Plan · Sponsored by David W. Powell · New York · Professional & Technical Services

$1M in assets, 4 participants

David W. Powell's Sytek Consultants Money Purchase Plan reported $1M in total assets and 4 participants in its 2022 DOL Form 5500 filing, ranking in the 27th 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.

  • 27th percentile by assets (of 139,126 plans)
  • #5,104 in Professional & Technical Services (21,562 peers)

2022 asset change

Sytek Consultants Money Purchase Plan pulled back noticeably 10.7% in 2022 ($1M → $1M) for 4 participants.

$1M
total plan assets (2022 EOY)
4
covered participants
27th
percentile by assets (of 139,126 plans)
$313,252
avg assets per participant

The plan reported a net loss of $151K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

2022 asset move for Sytek Consultants Money Purchase Plan

Year over year, total assets pulled back noticeably from $1M at the start of 2022 to $1M at year-end (down 10.7%). Net assets closed at $1M; reported net income -$151K.

David W. Powell years around the 2022 move

$2.8M$3M$3.2M$3.4M$3.6M 202220232024 $3.13M $3.03M ▼ -3.2%
Total plan assets by year, all David W. Powell plans on file
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)$1M
Net Assets (End of Year)$1M
Net Income-$151K
Employer EIN161372207
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Nearby Money Purchase Plans in New York

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Sytek Consultants Money Purchase Plan vs. nearby Money Purchase plans in New York, assets vs. participants

Sytek Consultants Money Purchase Plan vs. nearby Money Purchase plans in New York, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -1012345 Total assets ($B) Participants Sytek Consultants Mo…Tiaa Retirement PlanYoung Men's Christia…McKinsey & Company, …Brookhaven Science A…Iron Workers Locals …
Sytek Consultants Money Purchase Plan vs. nearby Money Purchase plans in New York, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Sytek Consultants Money Purchase Plan by total assets, not by location.

Frequently Asked Questions

How did Sytek Consultants Money Purchase Plan assets move in 2022?
Sytek Consultants Money Purchase Plan pulled back noticeably - down 10.7% during 2022, from $1M to $1M. Reported net income was -$151K.
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 Money Purchase plans are similar in size to Sytek Consultants Money Purchase Plan?
Among Money Purchase plans in other states, the closest by assets is Edwin M Davis Dds Profit Sharing Plan in PA ($1M, 2 participants).

2022 change

Ways to act on Sytek Consultants Money Purchase Plan's numbers.