How big is Specon Systems, Inc.'s plan?

Specon Systems, Inc.'s plan reported $6.6M in assets and 10 participants for 2024.

Original filing (PDF)20251007103224NAL0002384131001

Specon Systems, Inc.

Name: Specon Systems, Inc. — Specon Systems, Inc. 401(k), Form 5500 (2024)
Creator: Specon Systems, Inc.
License: https://www.usa.gov/government-works

Form 5500-SF

FILING_RECEIVED

Specon Systems, Inc. 401(k) Plan

401(k) retirement plan · Specon Systems, Inc.'s Specon Systems, Inc. 401(k) Plan held $6.6M in plan assets for 10 participants in 2024.

Active participants

Accounts w/ balance

Plan assets (EOY)

$6.6M

Net assets (EOY)

$6.6M

Plan identifiers

Specon Systems, Inc.'s EIN is 63-1139114.

EIN 63-1139114

Plan number 001

Plan year 2024

ACK ID 20251007103224NAL0002384131001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for Specon Systems, Inc. from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

Specon Systems, Inc.'s plan includes profit-sharing, a 401(k) feature, ERISA 404(c) participant direction.

Decision-maker contacts

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Plan health score

Top-tier plan health

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool. Based on 70% of scoring inputs for this filing.

Compliance & integrity

100

Total plan cost

n/a

Plan health

Vendor & structure

100

Helping the score

Cost not scored — no comparable Schedule H expense data for this cohort.
High average account balance (86th percentile).
High account-holder ratio — balance-holders per active participant in the top 15% of peers (91st percentile).

Plan sponsor

Name

SPECON SYSTEMS, INC.

EIN

all filings

Address

110 LONGVIEW CIRCLE · ALABASTER, AL · 35007

Phone

(256) 852-7930

Industry

Construction

Plan administrator