401(k) · DOL Form 5500 · 2024

Milvets Systems Technology, Inc. 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
518
Participants Below avg headcount
49th
Percentile by assets National rank
$13,756
Avg per participant Low balance/head
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Official DOL plan name: Milvets Systems Technology, Inc. 401(k) Profit Sharing Plan and Trust · Sponsored by Milvets Systems Technology, Inc. · Florida · Professional & Technical Services

$7M in assets, 518 participants

Milvets Systems Technology, Inc.'s Milvets Systems Technology, Inc. 401(k) Profit Sharing Plan and Trust reported $7M in total assets and 518 participants in its 2024 DOL Form 5500 filing, ranking in the 49th 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.

  • #9,438 in Professional & Technical Services (20,173 peers)

What the 2024 filing shows

Milvets Systems Technology, Inc. 401(k) Profit Sharing Plan and Trust holds $7M for 518 participants - about $13,756 per participant, in the lower half of filed plans by assets.

#9,438
in Professional & Technical Services (20,173 peers)
-7.7%
assets change YoY

The plan reported a net loss of $596K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Milvets Systems Technology, Inc. 401(k) Profit Sharing Plan and Trust's mid-pack asset rank among Professional & Technical Services and all filers

Milvets Systems Technology, Inc. 401(k) Profit Sharing Plan and Trust vs every filed plan by assets

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

$7,125,812 49th percentile higher than 49% 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

Milvets Systems Technology, Inc. 401(k) Profit Sharing Plan and Trust among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Milvets Systems Technology, Inc. 401(k) Profit Sharing Plan and Trust sits mid-pack in the medium band (518 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Milvets Systems Technology, Inc. 401(k) Profit Sharing Plan and Trust reported net income fell from $943K in the plan year 2023 filing to -$596K in the plan year 2024 filing.
  • Milvets Systems Technology, Inc. 401(k) Profit Sharing Plan and Trust end-of-year assets fell from $8M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Milvets Systems Technology, Inc. 401(k) Profit Sharing Plan and Trust reported participants fell from 560 in the plan year 2023 filing to 518 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 621279457 · Milvets Systems Technology, Inc. PY 2024 · 401(k)

Milvets Systems Technology, Inc. 401(k) Profit Sharing Plan and Trust · $7M · 518 · 49th

  • RANK $7M
  • PHOTO 518
  • IND 49th
  • EOY 401(k)
  • 5500 near Kimball Management 401(k) Plan
  • ASSETS ind #9438

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 Florida →

Milvets Systems Technology, Inc. 401(k) Profit Sharing Plan and Trust in the asset neighbourhood

Milvets Systems Technology, Inc. 401(k) Profit Sharing Plan and TrustMilvets Systems Technology, …$7MKimball Management 401(k) PlanKimball Management 401(k) Pl…$7MSelip & Stylianou, LLP 401(k) Savings PlanSelip & Stylianou, LLP 401(k…$7MSecurity Federal Savings Bank Employees' Retirement Readiness PlanSecurity Federal Savings Ban…$7MProfit Sharing Plan of Specialty Ring ProductsProfit Sharing Plan of Speci…$7M
End-of-year total assets ($M) among Milvets Systems Technology, Inc. 401(k) Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Filing particulars (2024)

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$7M
Net Income-$596K
Employer EIN621279457
Plan Effective Date1998-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Milvets Systems Technology, Inc.)

Sponsor-wide plan assets over time

All Milvets Systems Technology, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$7M 5.127637702249903% vs 2022
2024 filing year
$6.5M$7M$7.5M$8M 202220232024 $6.78M $7.13M ▲ +5.2%
Year Plans Participants Total Assets
2022 1 578 $7M
2023 1 560 $8M
2024 1 518 $7M

Nearby 401(k) Plans in Florida

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Milvets Systems Technology, Inc. 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants Milvets Systems Technology, Inc. 401(k) Profit Sharing Plan and Trust, Total assets ($B): 0.007125812 · Participants: 518Milvets Systems Technology, Inc. 401(k) Profit Sharing Plan and TrustL3harris Retirement Savings Plan, Total assets ($B): 16.316786122 · Participants: 40330L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pwc, Total assets ($B): 13.167098888 · Participants: 51081Savings Plan for Employees and Partners of PwcAdp Totalsource Retirement Savings Plan, Total assets ($B): 9.190044852 · Participants: 310261Adp Totalsource Retirement Savings PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 8.068866271 · Participants: 197102Publix Super Markets, Inc. 401(k) Smart PlanNextera Energy, Inc. Employee Retirement Savings Plan, Total assets ($B): 5.484619612 · Participants: 16678Nextera Energy, Inc. Employee Retirement Savings Plan
Milvets Systems Technology, Inc. 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Florida, assets vs. participants

Milvets Systems Technology, Inc. 401(k) Profit Sharing Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Florida, the nearest 401(k) by assets is Kimball Management 401(k) Plan in UT ($7M); by covered participants it is Etna Shared Services 401(k) & Profit Sharing Plan in MI (518 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (518 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 Milvets Systems Technology, Inc. 401(k) Profit Sharing Plan and Trust assets move in 2024?
Milvets Systems Technology, Inc. 401(k) Profit Sharing Plan and Trust pulled back noticeably - down 7.7% during 2024, from $8M to $7M. Reported net income was -$596K.
How have Milvets Systems Technology, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Milvets Systems Technology, Inc.'s sponsor-wide assets grew 5.1%, from $7M to $7M.
Which 401(k) plans are similar in size to Milvets Systems Technology, Inc. 401(k) Profit Sharing Plan and Trust?
Among 401(k) plans in other states, the closest by assets is Kimball Management 401(k) Plan in UT ($7M, 164 participants).
Which 401(k) plans cover a similar participant headcount to Milvets Systems Technology, Inc. 401(k) Profit Sharing Plan and Trust?
Among 401(k) plans in other states, the closest by covered participants is Etna Shared Services 401(k) & Profit Sharing Plan in MI (518 participants, $42M in assets).