2023 Form 5500 filing — Synergy55 LLC Profit Sharing And 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 20241015170843NAL0016940579001) for Synergy55 LLC Profit Sharing And Savings Plan, reported by Synergy55 LLC under EIN 36-4259890 and plan number 001. It reports 853 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015170843NAL0016940579001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Synergy55 LLC
- EIN
- 36-4259890
- Plan number
- 001
- Location
- Schaumburg, IL
- Participants
- 853
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $189,521,946
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $189,521,946
- Employer contributions
- $11,071,662
- Participant contributions
- $6,300,911
- Total income / additions
- $47,313,219
- Benefits paid
- $7,163,195
- Administrative expenses
- $80,953
- Total expenses
- $7,244,762
- Net increase / (decrease)
- $40,068,457
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Mercer | INVESTMENT ADVISOR | $76,006 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $4,947 | $0 |