Syracuse Label Company, Inc. Profit Sharing Plan — Form 5500 plan (Syracuse Label Company, Inc.)
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, Syracuse Label Company, Inc. Profit Sharing Plan is a benefit plan reported by Syracuse Label Company, Inc. under EIN 16-1062515 and plan number 002. The latest loaded filing year is 2023. The filing reports 200 participants and $23,238,001 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$23.2MPlan net assets, end of year$23,238,001
Participants200Covered participants reported
Assets / participant$116.2KComputed: assets ÷ participants$116,190 (computed)
Provider compensation$36.6K2 Schedule C provider row(s)$36,559
- Plan sponsor
- Syracuse Label Company, Inc.
- EIN
- 16-1062515
- Plan number
- 002
- Plan type
- 2
- Location
- N. Syracuse, NY
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 200 | H, C | 20241014183356NAL0026948849001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$23.2M total assets
Net assets$23.2MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $23,238,001
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $23,238,001
- Net assets (BOY)
- $19,326,934
Income & contributions
- Employer contributions
- $232,919
- Participant contributions
- $1,119,883
- Total contributions
- $1,722,388
- Total income / additions
- $4,733,032
Expenses & distributions
- Benefits paid
- $1,413,754
- Administrative expenses
- $3,278
- Total expenses
- $1,417,032
- Net increase / (decrease)
- $3,316,000
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
17%83%
Employer 17%Participant 83%
Total expenses ÷ net assets6%Computed ratio
Benefits paid ÷ total income30%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Lpl Financial Corporation | SERVICE PROVIDER | $0 | $36,559 | 2023 |
| Voya Retirement Ensurance & Annuity | SERVICE PROVIDER | $0 | $0 | 2023 |