Lynch Motors, Inc. 401(K) Plan — Form 5500 plan (Lynch Motors, Inc.)

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, Lynch Motors, Inc. 401(K) Plan is a benefit plan reported by Lynch Motors, Inc. under EIN 06-0864602 and plan number 002. The latest loaded filing year is 2023. The filing reports 134 participants and $11,466,947 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Lynch Motors, Inc.
EIN
06-0864602
Plan number
002
Plan type
2
Location
Manchester, CT
Latest filing year
2023
Participants
134
End-of-year plan assets
$11,466,947

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023134H, C20240913093121NAL0016674320001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$11,466,947
Total liabilities (EOY)
$0
Net assets (EOY)
$11,466,947
Net assets (BOY)
$9,386,863

Income & contributions

Employer contributions
$394,599
Participant contributions
$565,847
Total contributions
$966,180
Total income / additions
$2,569,657

Expenses & distributions

Benefits paid
$485,086
Administrative expenses
$4,487
Total expenses
$489,573
Net increase / (decrease)
$2,080,084

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Capital Group Retirement Plan Svcs.RECORDKEEPER$2,778$02023

Related Form 5500 pages