Profit Sharing · DOL Form 5500 · 2024

David W. Powell Profit Sharing Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
4
Participants Small participant base
28th
Percentile by assets National rank
$454,019
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 2024 DOL Form 5500 filing, ranking in the 28th 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.

  • #4,838 in Professional & Technical Services (20,173 peers)

2024 asset change

Sytek Consultants Profit Sharing Plan pulled back noticeably 11.9% in 2024 ($2M → $2M) for 4 participants.

#4,838
in Professional & Technical Services (20,173 peers)
-11.9%
assets change YoY

The plan reported a net loss of $246K 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 2024 · DOL Form 5500

$1,816,075 28th percentile higher than 28% of 123,620 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 2024

Sytek Consultants Profit Sharing Plan among micro filed plans by headcount

Plan-year 2024 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.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sytek Consultants Profit Sharing Plan reported net income fell from $183K in the plan year 2023 filing to -$246K in the plan year 2024 filing.
  • Sytek Consultants Profit Sharing Plan end-of-year assets fell from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 161372207 · David W. Powell PY 2024 · Profit Sharing

Sytek Consultants Profit Sharing Plan · $2M · 4 · 28th

  • BOY $2M
  • BOY 4
  • BOY 28th
  • BOY Profit Sharing
  • BOY near Td Nash Enterprises Inc. Profit Sharing Plan
  • BOY ind #4838

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…$2MTd Nash Enterprises Inc. Profit Sharing PlanTd Nash Enterprises Inc. Pro…$2MWarren W. Reed Insurance, Inc. Profit Sharing PlanWarren W. Reed Insurance, In…$2MJeff Sanderson Public Relations Inc Profit Sharing PlanJeff Sanderson Public Relati…$2MAkt Enterprises, Inc. Profit Sharing PlanAkt Enterprises, Inc. Profit…$2M
End-of-year total assets ($M) among Sytek Consultants Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

David W. Powell years around the 2024 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

2024 asset-move particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income-$246K
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. -500005000100001500020000 -10123 Total assets ($B) Participants Sytek Consultants Profit Sharing Plan, Total assets ($B): 0.001816075 · Participants: 4Sytek Consultants Profit Sharing PlanAnnuity Plan of the Electrical Industry, Total assets ($B): 2.296401236 · Participants: 18200Annuity Plan of the Electrical IndustryAnnuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO, Total assets ($B): 2.056246349 · Participants: 3278Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIOAnnuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO, Total assets ($B): 1.821807482 · Participants: 5817Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIOThe Research Foundation for the State University of New York Retirement Plan, Total assets ($B): 1.269293939 · Participants: 9758The Research Foundation for the State University of New York Retirement PlanRochester Regional Health 403(b) Defined Contribution Plan, Total assets ($B): 0.987006461 · Participants: 15432Rochester Regional Health 403(b) Defined Contribution Plan
Sytek Consultants Profit Sharing Plan vs. nearby Profit Sharing plans in New York, assets vs. participants
Compare Sytek Consultants Profit Sharing Plan side-by-side with 3 peers →

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 Td Nash Enterprises Inc. Profit Sharing Plan in CO ($2M); by covered participants it is Thrive Holdings Inc. Retirement Plan in OH (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 2024. 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 2024? ▼
Sytek Consultants Profit Sharing Plan pulled back noticeably - down 11.9% during 2024, from $2M to $2M. Reported net income was -$246K.
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 Td Nash Enterprises Inc. Profit Sharing Plan in CO ($2M, 8 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 Thrive Holdings Inc. Retirement Plan in OH (4 participants, $533K in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 161372207.

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.