2023 Form 5500 filing — The Lyons National Bank 401(K) Profit Sharing 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 20241003134519NAL0009920785001) for The Lyons National Bank 401(K) Profit Sharing Plan, reported by The Lyons National Bank under EIN 15-0372430 and plan number 002. It reports 280 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241003134519NAL0009920785001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- The Lyons National Bank
- EIN
- 15-0372430
- Plan number
- 002
- Location
- Lyons, NY
- Participants
- 280
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $23,029,044
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $23,029,044
- Employer contributions
- $603,793
- Participant contributions
- $1,196,239
- Total income / additions
- $5,279,850
- Benefits paid
- $2,128,288
- Administrative expenses
- $19,470
- Total expenses
- $2,147,758
- Net increase / (decrease)
- $3,132,092
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Capital Group Retirement Services | RECORDKEEPER | $20,761 | $0 |