ESOP
2023 plan-year ESOP DOL Form 5500

SYSTEM SCALE CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

SYSTEM SCALE CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN

This ESOP plan holds $42M in total assets and serves 101 participants as of 2023. It is sponsored by SYSTEM SCALE CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN in Indiana. The plan reported positive net income of $7M for the year.

Total Assets (2023)
$42M
Participants
101
State
Industry
Wholesale Trade

What the Filing Says About SYSTEM SCALE CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN

SYSTEM SCALE CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN is a ESOP retirement plan sponsored by SYSTEM SCALE CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN, headquartered in Indiana. As of the 2023 Form 5500 filing, the plan reports $42M in total end-of-year assets and covers 101 participants across the Wholesale Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 351446592, and the plan has been effective since 1995-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $32M at the beginning of 2023 to $42M at year-end — a gain of 31.2%. Net assets (after liabilities) closed the year at $39M, with reported net income of $7M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$32M
Total Assets (End of Year)$42M
Net Assets (End of Year)$39M
Net Income$7M
Plan TypeESOP
Employer EIN351446592
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (SYSTEM SCALE CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN)

Year Plans Participants Total Assets
2022 1 107 $32M
2023 1 101 $42M
2024 1 141 $51M

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Frequently Asked Questions

How much money is in the SYSTEM SCALE CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN?
As of the 2023 Form 5500 filing, SYSTEM SCALE CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN holds $42M in total assets with 101 participants. It is sponsored by SYSTEM SCALE CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN.
What type of plan is SYSTEM SCALE CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN?
SYSTEM SCALE CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN is a ESOP plan. It has been effective since 1995-01-01. The plan is filed with the U.S. Department of Labor under EIN 351446592.
Who sponsors the SYSTEM SCALE CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN?
SYSTEM SCALE CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN is sponsored by SYSTEM SCALE CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN, located in Indiana. The sponsor's EIN is 351446592 and the plan operates in the Wholesale Trade industry.
How did SYSTEM SCALE CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN perform in 2023?
SYSTEM SCALE CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN grew by 31.2% during 2023, moving from $32M to $42M in total assets. Net income was $7M.
Where can I find official filings for SYSTEM SCALE CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN?
Official Form 5500 filings for SYSTEM SCALE CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 351446592 or plan name at efast.dol.gov.
How does SYSTEM SCALE CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN compare to other plans?
You can compare SYSTEM SCALE CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN against other ESOP plans on the plan type page, or view plans in Indiana on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 351446592.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.