2023 Form 5500 filing — Lyons & Company, Inc. Multiple Employer 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 20241009100242NAL0018986545001) for Lyons & Company, Inc. Multiple Employer Plan, reported by Lyons & Company, Inc. under EIN 20-4033514 and plan number 001. It reports 4,589 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009100242NAL0018986545001
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- Lyons & Company, Inc.
- EIN
- 20-4033514
- Plan number
- 001
- Location
- Gadsden, AL
- Participants
- 4,589
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $71,909,870
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $71,909,870
- Employer contributions
- $3,297,037
- Participant contributions
- $7,404,275
- Total income / additions
- $21,486,416
- Benefits paid
- $5,576,585
- Administrative expenses
- $672,534
- Total expenses
- $6,327,558
- Net increase / (decrease)
- $15,158,858
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Slavic Integrated Administration | TPA | $405,791 | not reported in the loaded dataset |
| Mcdonald Financial Services, LLC | INVESTMENT ADVISOR | $98,431 | not reported in the loaded dataset |
| Lyons & Company, Inc. | PLAN ADMINISTRATOR | $98,362 | not reported in the loaded dataset |
| Slavic Mutual Fund Managment Corp | INVESTMENT MGMT | $69,950 | not reported in the loaded dataset |