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Original filing (PDF)20251014114034NAL0002784561001
SYSTEMS PRODUCTS AND SOLUTIONS, INC.
Form 5500
FILING_RECEIVED
SYSTEMS PRODUCTS AND SOLUTIONS RETIREMENT TRUST
401(k) retirement plan
Signals · 1
1 failed disclosure
Active participants
99
Accounts w/ balance
111
Plan assets (EOY)
$6.5M
Net assets (EOY)
$6.5M
How this plan invests
This plan
26 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
96
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
85
Concentration risk
100
Total plan cost
100
Vendor stack
100
Participation health
100
Knocking points off
- 1 Schedule C provider failed to disclose compensation.
Helping the score
- Below-peer total fees (1 bps vs 52 bps peer median).
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for SYSTEMS PRODUCTS AND SOLUTIONS, INC..
Plan sponsor
Name
SYSTEMS PRODUCTS AND SOLUTIONS, INC.
EIN
26-1445139
Address
307 WYNN DRIVE · HUNTSVILLE, AL · 35805
Phone
(256) 319-2135
Industry
All Other Professional Services· Professional & Technical Servicessee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-14
Pension benefit codes
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2T · Default investment account (QDIA)
2A · Age/service weighted or new comparability
2E · Profit-sharing
2F · ERISA section 404(c)
3D · Pre-approved plan (master / prototype / VS)
Audit & trust (Schedule H)
Auditor
HILL FOGG PC
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
2 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | 04-2647786 | — | RECORDKEEPER | $974 | — |
Advisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| MORGAN STANLEY SMITH BARNEY | 26-4310632 | — | ADVISOR | $0 | — |
Failed / refused disclosures (Sched C Part 2)
| Provider | Nondisclosure info |
|---|---|
| — | — |
Investments
26 direct securities· $6.5M(100% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Fidelity Investments Advisor Freedom 2035 Fund - Class A | — | — | — | $1.6M | 24.5% | |
| Fidelity Investments 500 Index Fund | — | — | — | $949K | 14.5% | |
| Fidelity Investments Advisor Freedom 2030 Fund - Class A | — | — | — | $619K | 9.5% | |
| Fidelity Investments Advisor Freedom 2025 Fund - Class A | — | — | — | $580K | 8.9% | |
| Fidelity Investments Advisor Freedom 2020 Fund - Class A | — | — | — | $439K | 6.7% | |
| Fidelity Investments Advisor Freedom 2040 Fund - Class A | — | — | — | $435K | 6.6% | |
| Gabelli U.S. Treasury Money Market Fund Class I | — | — | — | $326K | 5.0% | |
| AllianceBernstein Large Cap Growth Fund Class A | — | — | — | $298K | 4.5% | |
| Fidelity Investments Advisor Freedom 2045 Fund - Class A | — | — | — | $282K | 4.3% | |
| Fidelity Investments Advisor Freedom 2010 Fund - Class A | — | — | — | $201K | 3.1% | |
| Janus Henderson Enterprise Fund Class T | — | — | — | $146K | 2.2% | |
| Fidelity Investments Advisor International Capital Appreciation Fund - Class A | — | — | — | $134K | 2.0% | |
| Fidelity Investments Advisor Freedom 2050 Fund - Class A | — | — | — | $116K | 1.8% | |
| Fidelity Investments Mid Cap Index Fund ** 359 * Fidelity Investments Small Cap Index Fund ** 320 * Fidelity Investments U.S. Bond Index Fund | — | — | — | $72K | 1.1% | |
| Cohen & Steers Real Estate Securities Fund, Inc. Class A | — | — | — | $64K | 1.0% | |
| Fidelity Investments Advisor Freedom 2060 Fund - Class A | — | — | — | $58K | 0.9% | |
| Fidelity Investments Advisor Freedom 2055 Fund - Class A | — | — | — | $55K | 0.8% | |
| Participant loans Interest rates at 4.25% to 9.50%; maturities 1 to 5 years -0- | — | — | — | $55K | 0.8% | |
| PIMCO Income Fund Administrative Class | — | — | — | $46K | 0.7% | |
| Columbia Threadneedle Dividend Income Fund Class A | — | — | — | $16K | 0.2% | |
| Fidelity Investments Advisor Freedom 2015 Fund - Class A | — | — | — | $15K | 0.2% | |
| Fidelity Investments Advisor Freedom Income Fund Class A | — | — | — | $14K | 0.2% | |
| American Funds Balanced Fund Class R-4 | — | — | — | $9K | 0.1% | |
| MFS New Discovery Value Fund Class R3 | — | — | — | $8K | 0.1% | |
| American Funds New World Fund Class R-4 | — | — | — | $5K | <0.1% | |
| Fidelity Investments Advisor Freedom 2065 Fund - Class A | — | — | — | $2K | <0.1% |
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