2023 Form 5500 filing — Lyon Gear & Machine, Inc. Profit Sharing Plan And Trust
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 20241011093300NAL0012331011001) for Lyon Gear & Machine, Inc. Profit Sharing Plan And Trust, reported by Lyon Gear & Machine, Inc. under EIN 38-1629516 and plan number 002. It reports 145 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011093300NAL0012331011001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Lyon Gear & Machine, Inc.
- EIN
- 38-1629516
- Plan number
- 002
- Location
- Rochester, MI
- Participants
- 145
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $5,218,867
- Net assets (EOY)
- $5,218,867
- Employer contributions
- $25,543
- Participant contributions
- $179,812
- Total income / additions
- $1,084,550
- Benefits paid
- $1,035,880
- Administrative expenses
- $31,166
- Total expenses
- $1,067,046
- Net increase / (decrease)
- $17,504
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Capital Advisory Group, LLC | not reported in the loaded dataset | $5,562 | $0 |
| Great Lakes Pension Associates, Inc | not reported in the loaded dataset | $2,750 | $0 |
| John Hancock Life Insurance Co. | RECORD-KEEPER | $1,463 | $0 |