2023 Form 5500 filing — Linc Systems 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 20241015124643NAL0029676465001) for Linc Systems 401(K) Plan, reported by Linc Acquisition Co. under EIN 83-1539856 and plan number 001. It reports 321 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)$27.3MReported net assets$27,346,897
Participants321
Provider compensation$95.8K3 Schedule C row(s)$95,793
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241015124643NAL0029676465001
Plan sponsor
Linc Acquisition Co.
EIN
83-1539856
Plan number
001
Location
Westfield, IN
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)$27.3M total assets
Net assets$27.3MLiabilities
Money in vs. money out
Total income / additions$6.9M
Total expenses$5.5M
Benefits paid / distributions$5.4M
Contributions
Employer$306.6K
Participant$1.7M
Full reported line items
Total assets (EOY)
$27,346,897
Net assets (EOY)
$27,346,897
Employer contributions
$306,565
Participant contributions
$1,677,570
Total income / additions
$6,914,333
Benefits paid
$5,380,018
Administrative expenses
$98,105
Total expenses
$5,483,506
Net increase / (decrease)
$1,430,827

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Mack Financial Group, Inc.INVESTMENT ADVISOR$47,939not reported in the loaded dataset
John HancockCUSTODIAN, ROCORDKEEPER$24,331not reported in the loaded dataset
Cbiz ApaTHIRD PARTY ADMINISTRATO$23,523not reported in the loaded dataset

Related Form 5500 pages