2023 Form 5500 filing — Synq3 Restaurant Solutions 401(K) 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 20241015092752NAL0014309859001) for Synq3 Restaurant Solutions 401(K) Plan, reported by Synq3 Restaurant Solutions, LLC under EIN 26-0567889 and plan number 001. It reports 440 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015092752NAL0014309859001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Synq3 Restaurant Solutions, LLC
- EIN
- 26-0567889
- Plan number
- 001
- Location
- Colorado Springs, CO
- Participants
- 440
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $985,981
- Total liabilities (EOY)
- $9,268
- Net assets (EOY)
- $976,713
- Participant contributions
- $200,334
- Total income / additions
- $339,277
- Benefits paid
- $166,250
- Administrative expenses
- $6,457
- Total expenses
- $181,975
- Net increase / (decrease)
- $157,302
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Gregory Michael Bakke | INVESTMENT ADVISOR | $4,496 | not reported in the loaded dataset |
| Ameritas Life Ins Corp | RECORDKEEPER | $1,961 | $0 |