2023 Form 5500 filing — Lyon Shipyard, Inc. 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 20241015111824NAL0047538736001) for Lyon Shipyard, Inc. 401(K) Plan, reported by Lyon Shipyard, Inc. under EIN 54-0308290 and plan number 002. It reports 290 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)$8.3MReported net assets$8,341,495

Participants290

Provider compensation$77.6K3 Schedule C row(s)$77,636

Schedules filedSchedule H, Schedule CLoaded schedules

EFAST2 acknowledgement: 20241015111824NAL0047538736001
Plan sponsor: Lyon Shipyard, Inc.
EIN: 54-0308290
Plan number: 002
Location: Norfolk, VA
Received date: not reported in the loaded dataset

How to read this filing

This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
Schedule chips (Sch H / I / C) show which schedules this filing includes.
Net assets = total assets minus total liabilities (Schedule H/I).
Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
For the plan's full history, open the plan profile.

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)$8.3M total assets

Net assets$8.3MLiabilities$0

Money in vs. money out

Total income / additions$2.7M

Total expenses$1.7M

Benefits paid / distributions$1.7M

Contributions

Employer$333K

Participant$1.2M

Full reported line items

Total assets (EOY): $8,341,495
Total liabilities (EOY): $0
Net assets (EOY): $8,341,495
Employer contributions: $332,976
Participant contributions: $1,150,954
Total income / additions: $2,656,982
Benefits paid: $1,680,671
Administrative expenses: $65,160
Total expenses: $1,745,831
Net increase / (decrease): $911,151

Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

1
Principal Life Insurance Company$65.2K
CONTRACT ADMINISTRATOR · Direct $65.2K · Indirect $0
2
The Leaders Group Inc$12.5K
OTHER SERVICES · Direct $0 · Indirect $12.5K
3
Wilshire Advisors LLC$0
INVESTMENT ADVISORY · Direct $0 · Indirect $0

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241015111824NAL0047538736001 cover?: It is the 2023 Form 5500 filing for Lyon Shipyard, Inc. 401(K) Plan, reported by Lyon Shipyard, Inc. (EIN 54-0308290).
Which Form 5500 schedules are attached to this 2023 filing?: Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).