Lyon Gear & Machine, Inc. Profit Sharing Plan And Trust — Form 5500 plan (Lyon Gear & Machine, 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, Lyon Gear & Machine, Inc. Profit Sharing Plan And Trust is a benefit plan reported by Lyon Gear & Machine, Inc. under EIN 38-1629516 and plan number 002. The latest loaded filing year is 2023. The filing reports 145 participants and $5,218,867 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Lyon Gear & Machine, Inc.
- EIN
- 38-1629516
- Plan number
- 002
- Plan type
- 2
- Location
- Rochester, MI
- Latest filing year
- 2023
- Participants
- 145
- End-of-year plan assets
- $5,218,867
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 145 | H, C | 20241011093300NAL0012331011001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $5,218,867
- Net assets (EOY)
- $5,218,867
- Net assets (BOY)
- $5,201,363
Income & contributions
- Employer contributions
- $25,543
- Participant contributions
- $179,812
- Total contributions
- $205,355
- Total income / additions
- $1,084,550
Expenses & distributions
- Benefits paid
- $1,035,880
- Administrative expenses
- $31,166
- Total expenses
- $1,067,046
- Net increase / (decrease)
- $17,504
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Capital Advisory Group, LLC | not reported in the loaded dataset | $5,562 | $0 | 2023 |
| Great Lakes Pension Associates, Inc | not reported in the loaded dataset | $2,750 | $0 | 2023 |
| John Hancock Life Insurance Co. | RECORD-KEEPER | $1,463 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Lyon Gear & Machine, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MI
- 401(k) and benefit plan filings in Rochester, MI
- Capital Advisory Group, LLC — Schedule C compensation
- Great Lakes Pension Associates, Inc — Schedule C compensation
- John Hancock Life Insurance Co. — Schedule C compensation