Lymi Inc 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Lymi 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, Lymi Inc 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Lymi Inc under EIN 35-2467049 and plan number 001. The latest loaded filing year is 2023. The filing reports 835 participants and $10,831,963 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Lymi Inc
- EIN
- 35-2467049
- Plan number
- 001
- Plan type
- 2
- Location
- Vernon, CA
- Latest filing year
- 2023
- Participants
- 835
- End-of-year plan assets
- $10,831,963
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 835 | H, C | 20240926130059NAL0000678017001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $10,831,963
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,831,963
- Net assets (BOY)
- $6,441,204
Income & contributions
- Employer contributions
- $1,165,779
- Participant contributions
- $2,706,616
- Total contributions
- $3,963,575
- Total income / additions
- $5,449,210
Expenses & distributions
- Benefits paid
- $978,023
- Administrative expenses
- $72,582
- Total expenses
- $1,058,451
- Net increase / (decrease)
- $4,390,759
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Paychex, Inc. | RECORDKEEPER | $34,648 | not reported in the loaded dataset | 2023 |
| Concurrent Investment Advisors LLC | ADVISOR | $11,383 | not reported in the loaded dataset | 2023 |
| Raymond James & Associates Inc | ADVISOR | $8,704 | not reported in the loaded dataset | 2023 |