The Lyons National Bank 401(K) Profit Sharing Plan — Form 5500 plan (The Lyons National Bank)
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, The Lyons National Bank 401(K) Profit Sharing Plan is a benefit plan reported by The Lyons National Bank under EIN 15-0372430 and plan number 002. The latest loaded filing year is 2023. The filing reports 280 participants and $23,029,044 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- The Lyons National Bank
- EIN
- 15-0372430
- Plan number
- 002
- Plan type
- 2
- Location
- Lyons, NY
- Latest filing year
- 2023
- Participants
- 280
- End-of-year plan assets
- $23,029,044
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 280 | H, C | 20241003134519NAL0009920785001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $23,029,044
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $23,029,044
- Net assets (BOY)
- $19,896,952
Income & contributions
- Employer contributions
- $603,793
- Participant contributions
- $1,196,239
- Total contributions
- $1,822,223
- Total income / additions
- $5,279,850
Expenses & distributions
- Benefits paid
- $2,128,288
- Administrative expenses
- $19,470
- Total expenses
- $2,147,758
- Net increase / (decrease)
- $3,132,092
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Capital Group Retirement Services | RECORDKEEPER | $20,761 | $0 | 2023 |