2023 Form 5500 filing — Lynch Management Company 401(K) Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240731140300NAL0014389603001) for Lynch Management Company 401(K) Plan, reported by Lynch Management Company under EIN 59-2607387 and plan number 001. It reports 340 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240731140300NAL0014389603001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Lynch Management Company
- EIN
- 59-2607387
- Plan number
- 001
- Location
- Jacksonville, FL
- Participants
- 340
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $15,596,902
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $15,596,902
- Employer contributions
- $273,045
- Participant contributions
- $808,509
- Total income / additions
- $2,956,835
- Benefits paid
- $881,506
- Administrative expenses
- $9,939
- Total expenses
- $908,645
- Net increase / (decrease)
- $2,048,190
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Next Financial Group Inc | OTHER SERVICES | $0 | $15,911 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $10,019 | $0 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 |