401(k)
2023 plan-year 401(k) DOL Form 5500

Adnet Systems, Inc. 401(k) Plan

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

Sponsored by Adnet Systems, Inc. · Maryland · Professional & Technical Services

What the 2023 filing shows

Adnet Systems, Inc. 401(k) Plan holds $64M for 309 participants — about $205,787 per participant, up 18.8% over the 2023 plan year.

$64M
total plan assets (2023 EOY)
309
covered participants
$205,787
avg assets per participant
+18.8%
assets growth YoY
Total Assets (2023)
$64M
Participants
309
State
Industry
Professional & Technical Services

What the Filing Says About Adnet Systems, Inc. 401(k) Plan

Adnet Systems, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Adnet Systems, Inc., headquartered in Maryland. As of the 2023 Form 5500 filing, the plan reports $64M in total end-of-year assets and covers 309 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 521731575, and the plan has been effective since 1997-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $54M at the beginning of 2023 to $64M at year-end — a gain of 18.8%. Net assets (after liabilities) closed the year at $64M, with reported net income of $10M 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)$54M
Total Assets (End of Year)$64M
Net Assets (End of Year)$64M
Net Income$10M
Plan Type401(k)
Employer EIN521731575
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Adnet Systems, Inc.)

Year Plans Participants Total Assets
2022 1 292 $54M
2023 1 309 $64M
2024 1 423 $67M

Nearby 401(k) Plans in Maryland

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Frequently Asked Questions

How much money is in the Adnet Systems, Inc. 401(k) Plan?
As of the 2023 Form 5500 filing, Adnet Systems, Inc. 401(k) Plan holds $64M in total assets with 309 participants. It is sponsored by Adnet Systems, Inc..
What type of plan is Adnet Systems, Inc. 401(k) Plan?
Adnet Systems, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 1997-01-01. The plan is filed with the U.S. Department of Labor under EIN 521731575.
Who sponsors the Adnet Systems, Inc. 401(k) Plan?
Adnet Systems, Inc. 401(k) Plan is sponsored by Adnet Systems, Inc., located in Maryland. The sponsor's EIN is 521731575 and the plan operates in the Professional & Technical Services industry.
How did Adnet Systems, Inc. 401(k) Plan perform in 2023?
Adnet Systems, Inc. 401(k) Plan grew by 18.8% during 2023, moving from $54M to $64M in total assets. Net income was $10M.
Where can I find official filings for Adnet Systems, Inc. 401(k) Plan?
Official Form 5500 filings for Adnet Systems, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 521731575 or plan name at efast.dol.gov.
How does Adnet Systems, Inc. 401(k) Plan compare to other plans?
You can compare Adnet Systems, Inc. 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Maryland on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 521731575.

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 U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.