2023 Form 5500 filing — Loretto Employee 401(K) Savings 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 20241015155656NAL0050316112001) for Loretto Employee 401(K) Savings Plan, reported by Loretto Management Corporation under EIN 22-2873640 and plan number 003. It reports 871 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015155656NAL0050316112001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Loretto Management Corporation
- EIN
- 22-2873640
- Plan number
- 003
- Location
- Syracuse, NY
- Participants
- 871
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $46,929,441
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $46,929,441
- Employer contributions
- $649,636
- Participant contributions
- $3,549,396
- Total income / additions
- $11,157,893
- Benefits paid
- $3,311,720
- Administrative expenses
- $44,420
- Total expenses
- $3,357,173
- Net increase / (decrease)
- $7,800,720
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Dimeo Schneider | INVESTMENT ADVISOR | $52,897 | not reported in the loaded dataset |
| Strategic Advisors, Inc. | ADVISOR | $21,076 | not reported in the loaded dataset |
| Fust Charles Chambers Llp | ACCOUNTANT/AUDITOR | $14,110 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | -$72,084 | $0 |