Synergy55 LLC Profit Sharing And Savings Plan — Form 5500 plan (Synergy55 LLC)
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, Synergy55 LLC Profit Sharing And Savings Plan is a benefit plan reported by Synergy55 LLC under EIN 36-4259890 and plan number 001. The latest loaded filing year is 2023. The filing reports 853 participants and $189,521,946 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Synergy55 LLC
- EIN
- 36-4259890
- Plan number
- 001
- Plan type
- 2
- Location
- Schaumburg, IL
- Latest filing year
- 2023
- Participants
- 853
- End-of-year plan assets
- $189,521,946
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 853 | H, C | 20241015170843NAL0016940579001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $189,521,946
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $189,521,946
- Net assets (BOY)
- $149,453,489
Income & contributions
- Employer contributions
- $11,071,662
- Participant contributions
- $6,300,911
- Total contributions
- $18,992,241
- Total income / additions
- $47,313,219
Expenses & distributions
- Benefits paid
- $7,163,195
- Administrative expenses
- $80,953
- Total expenses
- $7,244,762
- Net increase / (decrease)
- $40,068,457
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Mercer | INVESTMENT ADVISOR | $76,006 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | $4,947 | $0 | 2023 |