Money Purchase · DOL Form 5500 · 2024

David W. Powell Money Purchase Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets
4
Participants Small participant base
25th
Percentile by assets National rank
$302,679
Avg per participant High balance/head
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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 2024 DOL Form 5500 filing, ranking in the 25th 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.

  • #4,008 in Professional & Technical Services (20,173 peers)

2024 asset change

Sytek Consultants Money Purchase Plan pulled back noticeably 11.9% in 2024 ($1M → $1M) for 4 participants.

#4,008
in Professional & Technical Services (20,173 peers)
-11.9%
assets change YoY

The plan reported a net loss of $164K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Sytek Consultants Money Purchase Plan among the smaller filed plans by assets

Sytek Consultants Money Purchase Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$1,210,716 25th percentile higher than 25% 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 Money Purchase 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 Money Purchase 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 Money Purchase Plan reported net income fell from $122K in the plan year 2023 filing to -$164K in the plan year 2024 filing.
  • Sytek Consultants Money Purchase Plan end-of-year assets fell from $1M in the plan year 2023 filing to $1M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 161372207 · David W. Powell PY 2024 · Money Purchase

Sytek Consultants Money Purchase Plan · $1M · 4 · 25th

  • RANK $1M
  • PHOTO 4
  • IND 25th
  • EOY Money Purchase
  • 5500 near Financial Funding Exchange Inc Mpp
  • ASSETS ind #4008

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 Money Purchase Plan in the asset neighbourhood

Exclusive Catering Inc, Pension Plan TrustExclusive Catering Inc, Pens…$1MSytek Consultants Money Purchase PlanSytek Consultants Money Purc…$1MFinancial Funding Exchange Inc MppFinancial Funding Exchange I…$1MHector Ramos Fuentes Retirement PlanHector Ramos Fuentes Retirem…$1MRetirement Plan of Seward Prosser Mellon Separate Trust for ChildrenRetirement Plan of Seward Pr…$1M
End-of-year total assets ($M) among Sytek Consultants Money Purchase Plan and nearest nationwide Money Purchase 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)$1M
Net Assets (End of Year)$1M
Net Income-$164K
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 Scatter plot of 6 data points. -200000200004000060000 -202468 Total assets ($B) Participants Sytek Consultants Money Purchase Plan, Total assets ($B): 0.001210716 · Participants: 4Sytek Consultants Money Purchase PlanTiaa Retirement Plan, Total assets ($B): 5.903718286 · Participants: 11906Tiaa Retirement PlanYoung Men's Christian Association Retirement Fund Retirement Plan, Total assets ($B): 3.876243 · Participants: 47199Young Men's Christian Association Retirement Fund Retirement PlanMcKinsey & Company, Inc. (Mppp) Money Purchase Pension Plan, Total assets ($B): 2.152151099 · Participants: 15274McKinsey & Company, Inc. (Mppp) Money Purchase Pension PlanBrookhaven Science Associates, LLC Retirement Plan, Total assets ($B): 1.539461125 · Participants: 2624Brookhaven Science Associates, LLC Retirement PlanIron Workers Locals 40, 361 & 417 Annuity Fund, Total assets ($B): 1.218944937 · Participants: 2357Iron Workers Locals 40, 361 & 417 Annuity Fund
Sytek Consultants Money Purchase Plan vs. nearby Money Purchase plans in New York, assets vs. participants
Compare Sytek Consultants Money Purchase Plan side-by-side with 3 peers →

Sytek Consultants Money Purchase Plan's out-of-state Money Purchase peers by assets and headcount

Outside New York, the nearest Money Purchase by assets is Financial Funding Exchange Inc Mpp in CA ($1M); by covered participants it is Linas a Sidrys Md in IL (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 Money Purchase Plan assets move in 2024? ▼
Sytek Consultants Money Purchase Plan pulled back noticeably - down 11.9% during 2024, from $1M to $1M. Reported net income was -$164K.
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.
Where does Sytek Consultants Money Purchase Plan rank by assets among Form 5500 filers? ▼
Sytek Consultants Money Purchase Plan ranks in the 25th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the lower half of filed plans by assets).
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 Financial Funding Exchange Inc Mpp in CA ($1M, 3 participants).
Which Money Purchase plans cover a similar participant headcount to Sytek Consultants Money Purchase Plan? ▼
Among Money Purchase plans in other states, the closest by covered participants is Linas a Sidrys Md in IL (4 participants, $6M 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.