401(k)
2024 plan-year 401(k) DOL Form 5500

SYSTEMS PRODUCTS AND SOLUTIONS RETIREMENT TRUST

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

SYSTEMS PRODUCTS AND SOLUTIONS, INC.

This 401(k) plan holds $7M in total assets and serves 94 participants as of 2024. It is sponsored by SYSTEMS PRODUCTS AND SOLUTIONS, INC. in Alabama. The plan reported a net loss of $1M for the year.

Total Assets (2023)
$7M
Participants
94
State
Industry
Professional & Technical Services

What the Filing Says About SYSTEMS PRODUCTS AND SOLUTIONS RETIREMENT TRUST

SYSTEMS PRODUCTS AND SOLUTIONS RETIREMENT TRUST is a 401(k) retirement plan sponsored by SYSTEMS PRODUCTS AND SOLUTIONS, INC., headquartered in Alabama. As of the 2024 Form 5500 filing, the plan reports $7M in total end-of-year assets and covers 94 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 261445139, and the plan has been effective since 2008-08-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $8M at the beginning of 2024 to $7M at year-end — a decline of 14.1%. Net assets (after liabilities) closed the year at $7M, with reported net income of $-1,074,284 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$8M
Total Assets (End of Year)$7M
Net Assets (End of Year)$7M
Net Income$-1,074,284
Plan Type401(k)
Employer EIN261445139
Plan Effective Date2008-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (SYSTEMS PRODUCTS AND SOLUTIONS, INC.)

Year Plans Participants Total Assets
2022 1 150 $6M
2023 1 114 $8M
2024 1 94 $7M

Nearby 401(k) Plans in Alabama

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

Frequently Asked Questions

How much money is in the SYSTEMS PRODUCTS AND SOLUTIONS RETIREMENT TRUST?
As of the 2024 Form 5500 filing, SYSTEMS PRODUCTS AND SOLUTIONS RETIREMENT TRUST holds $7M in total assets with 94 participants. It is sponsored by SYSTEMS PRODUCTS AND SOLUTIONS, INC..
What type of plan is SYSTEMS PRODUCTS AND SOLUTIONS RETIREMENT TRUST?
SYSTEMS PRODUCTS AND SOLUTIONS RETIREMENT TRUST is a 401(k) plan. It has been effective since 2008-08-01. The plan is filed with the U.S. Department of Labor under EIN 261445139.
Who sponsors the SYSTEMS PRODUCTS AND SOLUTIONS RETIREMENT TRUST?
SYSTEMS PRODUCTS AND SOLUTIONS RETIREMENT TRUST is sponsored by SYSTEMS PRODUCTS AND SOLUTIONS, INC., located in Alabama. The sponsor's EIN is 261445139 and the plan operates in the Professional & Technical Services industry.
How did SYSTEMS PRODUCTS AND SOLUTIONS RETIREMENT TRUST perform in 2024?
SYSTEMS PRODUCTS AND SOLUTIONS RETIREMENT TRUST declined by 14.1% during 2024, moving from $8M to $7M in total assets. Net income was $-1,074,284.
Where can I find official filings for SYSTEMS PRODUCTS AND SOLUTIONS RETIREMENT TRUST?
Official Form 5500 filings for SYSTEMS PRODUCTS AND SOLUTIONS RETIREMENT TRUST are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 261445139 or plan name at efast.dol.gov.
How does SYSTEMS PRODUCTS AND SOLUTIONS RETIREMENT TRUST compare to other plans?
You can compare SYSTEMS PRODUCTS AND SOLUTIONS RETIREMENT TRUST against other 401(k) plans on the plan type page, or view plans in Alabama on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 261445139.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.