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
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
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.
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
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
| 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 EIN | 161372207 |
| Plan Effective Date | 1995-01-01 |
| Filing Status | FILING RECEIVED |
Nearby Money Purchase Plans in New York
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
- Tiaa Retirement Plan $5.9B · 11,906
- Young Men's Christian Association Retirement Fund Retirement Plan $3.9B · 47,199
- McKinsey & Company, Inc. (Mppp) Money Purchase Pension Plan $2.2B · 15,274
- Brookhaven Science Associates, LLC Retirement Plan $1.5B · 2,624
- Iron Workers Locals 40, 361 & 417 Annuity Fund $1.2B · 2,357
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.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1M here).
Similar participant headcount
Nearest other-state filings by covered participants (4 participants); asset peers above are excluded.
- Linas a Sidrys Md (IL) 4 · 0 off
- Sealift Shipyards Inc Money Purchase Plan (FL) 4 · 0 off
- A.W. Carlson Inc Money Purchase Plan (CT) 4 · 0 off
- Steimla& Associates,Inc. Money Purchase Pension Plan (IL) 4 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.