2023 Form 5500 filing — Synchrony Financial My 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 20241011103418NAL0043337074001) for Synchrony Financial My Savings Plan, reported by Synchrony Financial under EIN 51-0483352 and plan number 001. It reports 12,398 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011103418NAL0043337074001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Synchrony Financial
- EIN
- 51-0483352
- Plan number
- 001
- Location
- Stamford, CT
- Participants
- 12,398
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $1,282,302,594
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,282,302,594
- Employer contributions
- $87,468,769
- Participant contributions
- $81,051,179
- Total income / additions
- $387,762,167
- Benefits paid
- $74,215,125
- Administrative expenses
- $351,947
- Total expenses
- $74,869,612
- Net increase / (decrease)
- $312,892,555
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $351,947 | $0 |