Plan5500

Synq3 Restaurant Solutions 401(K) Plan — Form 5500 plan (Synq3 Restaurant Solutions, LLC)

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, Synq3 Restaurant Solutions 401(K) Plan is a benefit plan reported by Synq3 Restaurant Solutions, LLC under EIN 26-0567889 and plan number 001. The latest loaded filing year is 2023. The filing reports 440 participants and $985,981 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Synq3 Restaurant Solutions, LLC
EIN
26-0567889
Plan number
001
Plan type
2
Location
Colorado Springs, CO
Latest filing year
2023
Participants
440
End-of-year plan assets
$985,981

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023440H, C20241015092752NAL0014309859001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$985,981
Total liabilities (EOY)
$9,268
Net assets (EOY)
$976,713
Net assets (BOY)
$819,411

Income & contributions

Participant contributions
$200,334
Total contributions
$200,334
Total income / additions
$339,277

Expenses & distributions

Benefits paid
$166,250
Administrative expenses
$6,457
Total expenses
$181,975
Net increase / (decrease)
$157,302

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Gregory Michael BakkeINVESTMENT ADVISOR$4,496not reported in the loaded dataset2023
Ameritas Life Ins CorpRECORDKEEPER$1,961$02023

Related Form 5500 pages