2023 Form 5500 filing — Synergy Equipment 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 20240926100524NAL0000289107001) for Synergy Equipment 401(K) Plan, reported by Synergy Rents LLC under EIN 46-2661933 and plan number 001. It reports 507 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$12.5MReported net assets$12,528,745
Participants507
Provider compensation$71.2K3 Schedule C row(s)$71,188
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240926100524NAL0000289107001
Plan sponsor
Synergy Rents LLC
EIN
46-2661933
Plan number
001
Location
Tampa, FL
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$12.5M total assets
Net assets$12.5MLiabilities$0
Money in vs. money out
Total income / additions$4.9M
Total expenses$1.6M
Benefits paid / distributions$1.5M
Contributions
Employer$986.8K
Participant$1.8M
Full reported line items
Total assets (EOY)
$12,528,745
Total liabilities (EOY)
$0
Net assets (EOY)
$12,528,745
Employer contributions
$986,757
Participant contributions
$1,831,131
Total income / additions
$4,909,011
Benefits paid
$1,499,123
Administrative expenses
$66,388
Total expenses
$1,564,742
Net increase / (decrease)
$3,344,269

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Empower Annuity Insurance Company ORECORDKEEPER$40,274$0
Regions Bank Dba Regions TrustINVESTMENT ADVISOR$30,219not reported in the loaded dataset
Empower Advisory Group, LLCINVESTMENT MGMT$695not reported in the loaded dataset

Related Form 5500 pages