SYSTOLIC, INC has sponsored the creation of one or more 401k plans.
Measure | Date | Value |
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2022 : SYSTOLIC 401K 2022 401k financial data |
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Unrealized appreciation/depreciation of other (non real estate) assets | 2022-12-31 | $-274,555 |
Total unrealized appreciation/depreciation of assets | 2022-12-31 | $-274,555 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
Total income from all sources (including contributions) | 2022-12-31 | $-2,102,696 |
Total loss/gain on sale of assets | 2022-12-31 | $41,096 |
Total of all expenses incurred | 2022-12-31 | $2,483,836 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $2,362,165 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $9,810,862 |
Value of total assets at end of year | 2022-12-31 | $56,688,836 |
Value of total assets at beginning of year | 2022-12-31 | $61,275,368 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $121,671 |
Total interest from all sources | 2022-12-31 | $34,376 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $1,428,035 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $1,428,035 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
Contributions received from participants | 2022-12-31 | $3,661,471 |
Participant contributions at end of year | 2022-12-31 | $317,569 |
Participant contributions at beginning of year | 2022-12-31 | $350,539 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $1,312,908 |
Administrative expenses (other) incurred | 2022-12-31 | $121,671 |
Total non interest bearing cash at end of year | 2022-12-31 | $5,181 |
Total non interest bearing cash at beginning of year | 2022-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Value of net income/loss | 2022-12-31 | $-4,586,532 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $56,688,836 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $61,275,368 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $54,563,026 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $59,656,538 |
Interest on participant loans | 2022-12-31 | $14,061 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $1,451,158 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $1,207,639 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $1,207,639 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $20,315 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-13,142,510 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
Contributions received in cash from employer | 2022-12-31 | $4,836,483 |
Employer contributions (assets) at end of year | 2022-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $2,362,165 |
Assets. Corporate common stocks other than exployer securities at end of year | 2022-12-31 | $351,902 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2022-12-31 | $60,652 |
Did the plan have assets held for investment | 2022-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
Aggregate proceeds on sale of assets | 2022-12-31 | $806,446 |
Aggregate carrying amount (costs) on sale of assets | 2022-12-31 | $765,350 |
Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
Accountancy firm name | 2022-12-31 | SC&H ATTEST SERVICES, P.C. |
Accountancy firm EIN | 2022-12-31 | 521743645 |
2021 : SYSTOLIC 401K 2021 401k financial data |
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Unrealized appreciation/depreciation of other (non real estate) assets | 2021-12-31 | $2,556 |
Total unrealized appreciation/depreciation of assets | 2021-12-31 | $2,556 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
Total income from all sources (including contributions) | 2021-12-31 | $17,117,922 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $1,720,546 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $1,620,912 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $9,206,136 |
Value of total assets at end of year | 2021-12-31 | $61,275,368 |
Value of total assets at beginning of year | 2021-12-31 | $45,877,992 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $99,634 |
Total interest from all sources | 2021-12-31 | $18,142 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $2,681,925 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $2,681,925 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Contributions received from participants | 2021-12-31 | $3,435,749 |
Participant contributions at end of year | 2021-12-31 | $350,539 |
Participant contributions at beginning of year | 2021-12-31 | $453,047 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $1,898,083 |
Administrative expenses (other) incurred | 2021-12-31 | $99,634 |
Total non interest bearing cash at end of year | 2021-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2021-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Value of net income/loss | 2021-12-31 | $15,397,376 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $61,275,368 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $45,877,992 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $59,656,538 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $44,681,612 |
Interest on participant loans | 2021-12-31 | $18,034 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $1,207,639 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $724,381 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $724,381 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $108 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $5,209,163 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
Contributions received in cash from employer | 2021-12-31 | $3,872,304 |
Employer contributions (assets) at end of year | 2021-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2021-12-31 | $18,952 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $1,620,912 |
Assets. Corporate common stocks other than exployer securities at end of year | 2021-12-31 | $60,652 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2021-12-31 | $0 |
Did the plan have assets held for investment | 2021-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
Aggregate proceeds on sale of assets | 2021-12-31 | $128 |
Aggregate carrying amount (costs) on sale of assets | 2021-12-31 | $128 |
Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
Accountancy firm name | 2021-12-31 | SC&H ATTEST SERVICES, P.C. |
Accountancy firm EIN | 2021-12-31 | 521743645 |
2020 : SYSTOLIC 401K 2020 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
Total income from all sources (including contributions) | 2020-12-31 | $15,316,726 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $1,878,867 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $1,824,019 |
Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $38,307 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $8,449,586 |
Value of total assets at end of year | 2020-12-31 | $45,877,992 |
Value of total assets at beginning of year | 2020-12-31 | $32,440,133 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $16,541 |
Total interest from all sources | 2020-12-31 | $25,034 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $1,806,147 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $1,806,147 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Contributions received from participants | 2020-12-31 | $3,323,052 |
Participant contributions at end of year | 2020-12-31 | $453,047 |
Participant contributions at beginning of year | 2020-12-31 | $492,039 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $1,294,542 |
Administrative expenses (other) incurred | 2020-12-31 | $16,541 |
Total non interest bearing cash at end of year | 2020-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2020-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Value of net income/loss | 2020-12-31 | $13,437,859 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $45,877,992 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $32,440,133 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $44,681,612 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $31,384,919 |
Interest on participant loans | 2020-12-31 | $23,671 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $724,381 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-12-31 | $549,265 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-12-31 | $549,265 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $1,363 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $5,035,959 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
Contributions received in cash from employer | 2020-12-31 | $3,831,992 |
Employer contributions (assets) at end of year | 2020-12-31 | $18,952 |
Employer contributions (assets) at beginning of year | 2020-12-31 | $13,910 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $1,824,019 |
Did the plan have assets held for investment | 2020-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Unqualified |
Accountancy firm name | 2020-12-31 | GROSS, MENDELSOHN & ASSOCIATES |
Accountancy firm EIN | 2020-12-31 | 520982413 |
2019 : SYSTOLIC 401K 2019 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
Total transfer of assets to this plan | 2019-12-31 | $9,801,976 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
Total income from all sources (including contributions) | 2019-12-31 | $11,880,003 |
Total loss/gain on sale of assets | 2019-12-31 | $0 |
Total of all expenses incurred | 2019-12-31 | $590,575 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $589,212 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $6,361,644 |
Value of total assets at end of year | 2019-12-31 | $32,440,133 |
Value of total assets at beginning of year | 2019-12-31 | $11,348,729 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $1,363 |
Total interest from all sources | 2019-12-31 | $22,425 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Administrative expenses professional fees incurred | 2019-12-31 | $1,363 |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Contributions received from participants | 2019-12-31 | $2,789,025 |
Participant contributions at end of year | 2019-12-31 | $492,039 |
Participant contributions at beginning of year | 2019-12-31 | $260,690 |
Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $394,342 |
Total non interest bearing cash at end of year | 2019-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2019-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Value of net income/loss | 2019-12-31 | $11,289,428 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $32,440,133 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $11,348,729 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $31,384,919 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $0 |
Value of interest in pooled separate accounts at end of year | 2019-12-31 | $0 |
Value of interest in pooled separate accounts at beginning of year | 2019-12-31 | $11,075,100 |
Interest on participant loans | 2019-12-31 | $22,425 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $549,265 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $5,495,934 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
Contributions received in cash from employer | 2019-12-31 | $3,178,277 |
Employer contributions (assets) at end of year | 2019-12-31 | $13,910 |
Employer contributions (assets) at beginning of year | 2019-12-31 | $12,939 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $589,212 |
Did the plan have assets held for investment | 2019-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Accountancy firm name | 2019-12-31 | GROSS, MENDELSOHN & ASSOCIATES |
Accountancy firm EIN | 2019-12-31 | 520982413 |