Loretto Employee 401(K) Savings Plan — Form 5500 plan (Loretto Management Corporation)
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, Loretto Employee 401(K) Savings Plan is a benefit plan reported by Loretto Management Corporation under EIN 22-2873640 and plan number 003. The latest loaded filing year is 2023. The filing reports 871 participants and $46,929,441 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Loretto Management Corporation
- EIN
- 22-2873640
- Plan number
- 003
- Plan type
- 2
- Location
- Syracuse, NY
- Latest filing year
- 2023
- Participants
- 871
- End-of-year plan assets
- $46,929,441
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 871 | H, C | 20241015155656NAL0050316112001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $46,929,441
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $46,929,441
- Net assets (BOY)
- $39,128,721
Income & contributions
- Employer contributions
- $649,636
- Participant contributions
- $3,549,396
- Total contributions
- $4,388,229
- Total income / additions
- $11,157,893
Expenses & distributions
- Benefits paid
- $3,311,720
- Administrative expenses
- $44,420
- Total expenses
- $3,357,173
- Net increase / (decrease)
- $7,800,720
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Dimeo Schneider | INVESTMENT ADVISOR | $52,897 | not reported in the loaded dataset | 2023 |
| Strategic Advisors, Inc. | ADVISOR | $21,076 | not reported in the loaded dataset | 2023 |
| Fust Charles Chambers Llp | ACCOUNTANT/AUDITOR | $14,110 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | -$72,084 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Loretto Management Corporation
- 2023 Form 5500 filing
- Form 5500 filings in NY
- 401(k) and benefit plan filings in Syracuse, NY
- Dimeo Schneider — Schedule C compensation
- Strategic Advisors, Inc. — Schedule C compensation
- Fust Charles Chambers Llp — Schedule C compensation
- Fidelity Investments Institutional — Schedule C compensation