The Synergy Global Solutions, Inc. 401(K) Plan — Form 5500 plan (Synergy It Solutions Of Nys, 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, The Synergy Global Solutions, Inc. 401(K) Plan is a benefit plan reported by Synergy It Solutions Of Nys, Inc. under EIN 16-0985336 and plan number 004. The latest loaded filing year is 2023. The filing reports 167 participants and $10,336,152 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Synergy It Solutions Of Nys, Inc.
EIN
16-0985336
Plan number
004
Plan type
2
Location
Cheektowaga, NY
Latest filing year
2023
Participants
167
End-of-year plan assets
$10,336,152

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023167H, C20240828094159NAL0024181138001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$10,336,152
Total liabilities (EOY)
$0
Net assets (EOY)
$10,336,152
Net assets (BOY)
$8,651,607

Income & contributions

Employer contributions
$4,629
Participant contributions
$739,880
Total contributions
$800,350
Total income / additions
$2,322,800

Expenses & distributions

Benefits paid
$611,058
Administrative expenses
$27,197
Total expenses
$638,255
Net increase / (decrease)
$1,684,545

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Wilmington Trust National AssocADVISOR$22,497not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$4,700$02023

Related Form 5500 pages