Lynnes Nissan City Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Lynnes Nissan City 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, Lynnes Nissan City Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Lynnes Nissan City Inc. under EIN 22-1643602 and plan number 001. The latest loaded filing year is 2023. The filing reports 370 participants and $7,039,945 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Lynnes Nissan City Inc.
- EIN
- 22-1643602
- Plan number
- 001
- Plan type
- 2
- Location
- Bloomfield, NJ
- Latest filing year
- 2023
- Participants
- 370
- End-of-year plan assets
- $7,039,945
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 370 | H, C | 20241031051134NAL0001353537001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,039,945
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,039,945
- Net assets (BOY)
- $5,925,958
Income & contributions
- Participant contributions
- $712,033
- Total contributions
- $816,256
- Total income / additions
- $1,669,955
Expenses & distributions
- Benefits paid
- $507,237
- Administrative expenses
- $19,075
- Total expenses
- $555,968
- Net increase / (decrease)
- $1,113,987
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $19,075 | $0 | 2023 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 | 2023 |
| Morgan Stanley | ADVISOR | $0 | $0 | 2023 |