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Original filing (PDF)20251015152902NAL0004992081001
REKOR SYSTEMS, INC.
Form 5500
FILING_RECEIVED
REKOR SYSTEMS, INC. 401(K) PLAN
401(k) retirement plan
Signals · 2
28% in single holding~78 bps in Sched C fees
Active participants
240
Accounts w/ balance
303
Plan assets (EOY)
$9.3M
Net assets (EOY)
$9.3M
How this plan invests
This plan
33 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
88
/ 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
100
Concentration risk
86
Total plan cost
65
Vendor stack
100
Participation health
100
Knocking points off
- Top holding "American Funds American Balanced R6 Fund Mutual Fund" is 28% of plan.
- 78 bps in Schedule C fees — 50% above peer band of 52 bps.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for REKOR SYSTEMS, INC..
Plan sponsor
Name
REKOR SYSTEMS, INC.
EIN
81-5266334
Address
7172 COLUMBIA GATEWAY DRIVE · SUITE 400 · COLUMBIA, MD · 21046
Phone
(410) 762-0800
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
2025-10-15
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2S · Automatic enrollment
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
CITRIN COOPERMAN & COMPANY, LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
2 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| ADP | 13-3036745 | — | RECORD KEEPER | $46K | — |
Advisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| COMMONWEALTH EQUITY SERVICES,INC. | 04-2675571 | — | INVESTMENT ADVISOR | $27K | — |
Investments
33 direct securities· $9.3M(100% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| American Funds American Balanced R6 Fund Mutual Fund | — | — | — | $2.6M | 28.0% | |
| Vanguard 500 Index Fund - Adm Mutual Fund | — | — | — | $1.9M | 20.4% | |
| American Funds 2055 Target R6 Mutual Fund | — | — | — | $613K | 6.6% | |
| American Funds 2045 Target Date Retirement fund Mutual Fund | — | — | — | $430K | 4.6% | |
| American Funds 2050 Target Date Retirement fund Mutual Fund | — | — | — | $385K | 4.2% | |
| American Funds 2035 Target Date Retirement fund Mutual Fund | — | — | — | $341K | 3.7% | |
| American Funds 2040 Target Date Retirement fund Mutual Fund | — | — | — | $320K | 3.4% | |
| American Funds 2030 Target Date Retirement fund Mutual Fund | — | — | — | $310K | 3.3% | |
| American Funds 2060 Target Date Retirement fund Mutual Fund | — | — | — | $296K | 3.2% | |
| Participant loans Maturities through December $- | — | — | — | $264K | 2.8% | |
| American Funds New Perspective R6 Mutual Fund | — | — | — | $248K | 2.7% | |
| American Funds 2025 Target Date Retirement fund Mutual Fund | — | — | — | $154K | 1.7% | |
| Principal Real Estate Securities R6 Mutual Fund | — | — | — | $152K | 1.6% | |
| Ishares US Aggregate Bond IDX K Mutual Fund | — | — | — | $151K | 1.6% | |
| Ishares Russell 2000 Small Cap K Mutual Fund | — | — | — | $144K | 1.6% | |
| T Rowe Price Overseas Stock Mutual Fund | — | — | — | $134K | 1.4% | |
| American Funds New World R6 Mutual Fund | — | — | — | $119K | 1.3% | |
| American Funds 2065 Target Date Retirement fund Mutual Fund | — | — | — | $117K | 1.3% | |
| Vanguard Mid Cap Index - Adm Mutual Fund | — | — | — | $104K | 1.1% | |
| BNY Mellon Small Mid Cap Growth I Mutual Fund ** 129 Columbia Small Cap Value I I3 Mutual Fund | — | — | — | $91K | 1.0% | |
| T Rowe Price Value Fund I Mutual Fund | — | — | — | $75K | 0.8% | |
| JP Morgan US Research Enhanced EQ Mutual Fund | — | — | — | $72K | 0.8% | |
| Principal Smallcap Growth I Mutual Fund | — | — | — | $58K | 0.6% | |
| MFS Growth Fund R6 Mutual Fund | — | — | — | $55K | 0.6% | |
| BlackRock Inflation Protected Bond K Mutual Fund | — | — | — | $40K | 0.4% | |
| Fidelity International Index Mutual Fund | — | — | — | $38K | 0.4% | |
| Allspring Special Mid Cap Value R6 Mutual Fund | — | — | — | $23K | 0.3% | |
| Vanguard Treasury Money Market Mutual Fund | — | — | — | $18K | 0.2% | |
| American funds Europac Growth R Mutual Fund | — | — | — | $11K | 0.1% | |
| American Funds 2020 Target Date Retirement fund Class R Mutual Fund | — | — | — | $9K | 0.1% | |
| Goldman Sachs Intl EQ Insights R6 Mutual Fund | — | — | — | $8K | <0.1% | |
| JP Morgan Core Bond R6 Mutual Fund | — | — | — | $5K | <0.1% | |
| BlackRock High Yield Bond K Mutual Fund | — | — | — | $3K | <0.1% |
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