401(k) · DOL Form 5500 · 2024

Tech Systems, Inc. 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
518
Participants Below avg headcount
44th
Percentile by assets National rank
$10,714
Avg per participant Low balance/head
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Official DOL plan name: Tech Systems, Inc. Contractors and Employees Retirement Plan · Sponsored by Tech Systems, Inc. · North Carolina · Administrative & Support Services

$6M in assets, 518 participants

Tech Systems, Inc.'s Tech Systems, Inc. Contractors and Employees Retirement Plan reported $6M in total assets and 518 participants in its 2024 DOL Form 5500 filing, ranking in the 44th 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.

  • #2,901 in Administrative & Support Services (4,368 peers)

Administrative & Support Services sector rank

Within Administrative & Support Services, Tech Systems, Inc. Contractors and Employees Retirement Plan ranks #2,901 of 4,368 2024 filers by assets (520% of the sector average)-$6M for 518 participants.

#2,901
in Administrative & Support Services (4,368 peers)
+6.6%
assets growth YoY

Tech Systems, Inc. Contractors and Employees Retirement Plan's mid-pack asset rank among Administrative & Support Services and all filers

Tech Systems, Inc. Contractors and Employees Retirement Plan vs every filed plan by assets

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

$5,549,975 44th percentile higher than 44% 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

Tech Systems, Inc. Contractors and Employees Retirement Plan 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. Tech Systems, Inc. Contractors and Employees Retirement Plan sits mid-pack in the medium band (518 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Tech Systems, Inc. Contractors and Employees Retirement Plan reported net income fell from $927K in the plan year 2023 filing to $344K in the plan year 2024 filing.
  • Tech Systems, Inc. Contractors and Employees Retirement Plan reported participants rose from 454 in the plan year 2023 filing to 518 in the plan year 2024 filing.
  • Tech Systems, Inc. Contractors and Employees Retirement Plan end-of-year assets rose from $5M in the plan year 2023 filing to $6M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 541685707 · Tech Systems, Inc. PY 2024 · 401(k)

Tech Systems, Inc. Contractors and Employees Retirement Plan · $6M · 518 · 44th

  • TYPE $6M
  • NET 518
  • BOOK 44th
  • VS-ST 401(k)
  • BOY near Merschman Fertilizer, LLC 401(k) Profit Sharing Plan
  • SCH ind #2901

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 Administrative & Support Services retirement plans → · Plans in North Carolina →

Tech Systems, Inc. Contractors and Employees Retirement Plan in the asset neighbourhood

Tech Systems, Inc. Contractors and Employees Retirement PlanTech Systems, Inc. Contracto…$6MMerschman Fertilizer, LLC 401(k) Profit Sharing PlanMerschman Fertilizer, LLC 40…$6ML C Manufacturing, LLC Employees Savings TrustL C Manufacturing, LLC Emplo…$6MTui USA 401(k) Plan$6MJmb-III Holdco, Inc. 401(k) PlanJmb-III Holdco, Inc. 401(k) …$6M
End-of-year total assets ($M) among Tech Systems, Inc. Contractors and Employees Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Administrative & Support Services filing particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$6M
Net Income$344K
Employer EIN541685707
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Tech Systems, Inc.)

Sponsor-wide plan assets over time

All Tech Systems, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$6M 29.704163335435872% vs 2022
2024 filing year
$4M$4.5M$5M$5.5M$6M 202220232024 $4.28M $5.55M ▲ +29.7%
Year Plans Participants Total Assets
2022 1 374 $4M
2023 1 454 $5M
2024 1 518 $6M

Nearby 401(k) Plans in North Carolina

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

Tech Systems, Inc. Contractors and Employees Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Tech Systems, Inc. Contractors and Employees Retirement Plan, Total assets ($B): 0.005549975 · Participants: 518Tech Systems, Inc. Contractors and Employees Retirement PlanThe Bank of America 401(k) Plan, Total assets ($B): 62.902405616 · Participants: 168963The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 16.316486587 · Participants: 39468Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 11.269744 · Participants: 27341Duke Energy Retirement Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 9.349291649 · Participants: 27070Nucor Corporation Profit Sharing and Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 9.231001739 · Participants: 52699Truist Financial Corporation 401(k) Savings Plan
Tech Systems, Inc. Contractors and Employees Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Tech Systems, Inc. Contractors and Employees Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Merschman Fertilizer, LLC 401(k) Profit Sharing Plan in IA ($6M); 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.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($6M here).

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 Tech Systems, Inc. Contractors and Employees Retirement Plan assets move in 2024?
Tech Systems, Inc. Contractors and Employees Retirement Plan grew at a solid clip - up 6.6% during 2024, from $5M to $6M. Reported net income was $344K.
How have Tech Systems, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Tech Systems, Inc.'s sponsor-wide assets grew 29.7%, from $4M to $6M.
Which 401(k) plans are similar in size to Tech Systems, Inc. Contractors and Employees Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Merschman Fertilizer, LLC 401(k) Profit Sharing Plan in IA ($6M, 18 participants).
Which 401(k) plans cover a similar participant headcount to Tech Systems, Inc. Contractors and Employees Retirement Plan?
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).