Lyman Products Corporation 401(K) Plan — Form 5500 plan (Lyman Products Corporation)
Plain-English plan 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, Lyman Products Corporation 401(K) Plan is a benefit plan reported by Lyman Products Corporation under EIN 06-0969287 and plan number 003. The latest loaded filing year is 2023. The filing reports 131 participants and $8,080,376 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Lyman Products Corporation
- EIN
- 06-0969287
- Plan number
- 003
- Plan type
- 2
- Location
- Middletown, CT
- Latest filing year
- 2023
- Participants
- 131
- End-of-year plan assets
- $8,080,376
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 131 | H, C | 20240829093056NAL0013361681001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $8,080,376
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,080,376
- Net assets (BOY)
- $7,854,357
Income & contributions
- Employer contributions
- $165,920
- Participant contributions
- $472,318
- Total contributions
- $670,500
- Total income / additions
- $1,640,549
Expenses & distributions
- Benefits paid
- $1,373,524
- Administrative expenses
- $41,006
- Total expenses
- $1,414,530
- Net increase / (decrease)
- $226,019
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| John Hancock Retirement Plan Srvcs | RETAINED BY CLIENT | $20,879 | $0 | 2023 |
| Smith Brothers Financial LLC | RETAINED BY CLIENT | $20,127 | not reported in the loaded dataset | 2023 |