ESOP · DOL Form 5500 · 2023

System Development, Inc ESOP

Data updated 2026-08-25

$298K
Total assets Small plan by assets
7
Participants Small participant base
14th
Percentile by assets National rank
$42,574
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: System Development, Inc Employee Stock Ownership Plan · Sponsored by System Development, Inc · Texas · Information & Media

$298K in assets, 7 participants

System Development, Inc's System Development, Inc Employee Stock Ownership Plan reported $298K in total assets and 7 participants in its 2023 DOL Form 5500 filing, ranking in the 14th 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.

  • #195 in Information & Media (2,818 peers)

System Development, Inc multi-year trail

System Development, Inc's plans moved -15.1% in assets from 2022 to 2024; this filing shows System Development, Inc Employee Stock Ownership Plan at $298K / 7 participants.

#195
in Information & Media (2,818 peers)
-20.3%
assets change YoY

The plan reported a net loss of $76K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

System Development, Inc Employee Stock Ownership Plan among the smaller filed plans by assets

System Development, Inc Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$298,019 14th percentile higher than 14% of 127,068 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 2023

System Development, Inc Employee Stock Ownership Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. System Development, Inc Employee Stock Ownership Plan is a micro filing (7 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • System Development, Inc Employee Stock Ownership Plan reported net income fell from $17K in the plan year 2022 filing to -$76K in the plan year 2023 filing.
  • System Development, Inc Employee Stock Ownership Plan reported participants fell from 10 in the plan year 2022 filing to 7 in the plan year 2023 filing.
  • System Development, Inc Employee Stock Ownership Plan end-of-year assets fell from $374K in the plan year 2022 filing to $298K in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 760265294 · System Development, Inc PY 2023 · ESOP

System Development, Inc Employee Stock Ownership Plan · $298K · 7 · 14th

  • BOOK $298K
  • BOOK 7
  • BOOK 14th
  • BOOK ESOP
  • BOOK near Industrial Bank Employee Stock Ownership Plan
  • BOOK ind #195

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 What is an ESOP? → · Plans in Texas →

System Development, Inc Employee Stock Ownership Plan in the asset neighbourhood

System Development, Inc Employee Stock Ownership PlanSystem Development, Inc Empl…$298KIndustrial Bank Employee Stock Ownership PlanIndustrial Bank Employee Sto…$297KShop Architects, Inc. Employee Stock Ownership PlanShop Architects, Inc. Employ…$297KKreider Mechanical, Inc. Employee Stock Ownership PlanKreider Mechanical, Inc. Emp…$300KW.T. Quinn, Inc. Employee Stock Ownership PlanW.T. Quinn, Inc. Employee St…$301K
End-of-year total assets ($M) among System Development, Inc Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

System Development, Inc multi-year asset trail

Sponsor-wide plan assets over time

All System Development, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$318K 15.07117694540517% vs 2022
2024 filing year
$0.25M$0.3M$0.35M$0.4M 202220232024 $0.37M $0.32M ▼ -13.5%
Year Plans Participants Total Assets
2022 1 10 $374K
2023 1 7 $298K
2024 1 7 $318K

System Development, Inc filing trail (2023)

Total Assets (Beginning of Year)$374K
Net Assets (End of Year)$298K
Net Income-$76K
Employer EIN760265294
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Texas

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

System Development, Inc Employee Stock Ownership Plan vs. nearby ESOP plans in Texas, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -50510152025 Total assets ($B) Participants System Development, Inc Employee Stock Ownership Plan, Total assets ($B): 0.000298019 · Participants: 7System Development, Inc Employee Stock Ownership PlanSammons Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($B): 21.16285336 · Participants: 3000Sammons Enterprises, Inc. Employee Stock Ownership PlanHighland Homes Employee Stock Ownership Plan, Total assets ($B): 0.884916985 · Participants: 791Highland Homes Employee Stock Ownership PlanAustin Industries Employee Stock Ownership Plan, Total assets ($B): 0.497933907 · Participants: 4510Austin Industries Employee Stock Ownership PlanCactus Feeders, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.447462474 · Participants: 831Cactus Feeders, Inc. Employee Stock Ownership PlanLja Engineering, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.396562096 · Participants: 1439Lja Engineering, Inc. Employee Stock Ownership Plan
System Development, Inc Employee Stock Ownership Plan vs. nearby ESOP plans in Texas, assets vs. participants
Compare System Development, Inc Employee Stock Ownership Plan side-by-side with 3 peers →

System Development, Inc Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Texas, the nearest ESOP by assets is Industrial Bank Employee Stock Ownership Plan in DC ($297K); by covered participants it is Efs Wealth Management Employee Stock Ownership Plan in IA (7 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did System Development, Inc Employee Stock Ownership Plan assets move in 2023? ▼
System Development, Inc Employee Stock Ownership Plan declined sharply - down 20.3% during 2023, from $374K to $298K. Reported net income was -$76K.
How have System Development, Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), System Development, Inc's sponsor-wide assets declined 15.1%, from $374K to $318K.
Where does System Development, Inc Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
System Development, Inc Employee Stock Ownership Plan ranks in the 14th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to System Development, Inc Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Industrial Bank Employee Stock Ownership Plan in DC ($297K, 27 participants).
Which ESOP plans cover a similar participant headcount to System Development, Inc Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Efs Wealth Management Employee Stock Ownership Plan in IA (7 participants, $3M in assets).

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 760265294.

Read our methodology - how this data is sourced, computed, and verified.

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