Plan5500

Fm Sylvan Holding, LLC 401(K) Savings Plan — Form 5500 plan (Fm Sylvan, 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, Fm Sylvan Holding, LLC 401(K) Savings Plan is a benefit plan reported by Fm Sylvan, Inc. under EIN 22-3841378 and plan number 001. The latest loaded filing year is 2023. The filing reports 127 participants and $7,563,065 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$7.6MPlan net assets, end of year$7,550,499
Participants127Covered participants reported
Assets / participant$59.6KComputed: assets ÷ participants$59,552 (computed)
Provider compensation$53.3K4 Schedule C provider row(s)$53,268
Plan sponsor
Fm Sylvan, Inc.
EIN
22-3841378
Plan number
001
Plan type
2
Location
Southfield, MI
Latest filing year
2023
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    127 participants · 2Sch HSch C
    View filing →
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$7.6M total assets
Net assets$7.6MLiabilities$12.6K
Money in vs. money out
Total income / additions$2.7M
Total expenses$2.1M
Benefits paid / distributions$2M
Contributions
Employer$344.6K
Participant$956.6K
Full reported line items

Net assets

Total assets (EOY)
$7,563,065
Total liabilities (EOY)
$12,566
Net assets (EOY)
$7,550,499
Net assets (BOY)
$6,917,024

Income & contributions

Employer contributions
$344,596
Participant contributions
$956,559
Total contributions
$1,607,089
Total income / additions
$2,737,333

Expenses & distributions

Benefits paid
$2,045,215
Administrative expenses
$46,077
Total expenses
$2,103,858
Net increase / (decrease)
$633,475
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 26%Participant 74%
Total expenses ÷ net assets28%Computed ratio
Benefits paid ÷ total income75%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    Gregory J Schwartz & Company Inc$25.8K
    INVESTMENT ADVISOR · Direct $25.8K · Indirect $0
  2. 2
    Empower Annuity Insurance Company$9.7K
    RECORDKEEPER · Direct $9.7K · Indirect $0
  3. 3
    Empower Advisory Group, LLC$9.1K
    INVESTMENT MGMT · Direct $9.1K · Indirect $0
  4. 4
    Alliant Insurance Services Inc$8.6K
    CONTRACT ADMIN · Direct $1.4K · Indirect $7.2K

Related Form 5500 pages