Synchronyhr Retirement Savings Plan — Form 5500 plan (Cornerstone Employer Solutions, LLC Dba Synchronyhr)
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, Synchronyhr Retirement Savings Plan is a benefit plan reported by Cornerstone Employer Solutions, LLC Dba Synchronyhr under EIN 47-1197332 and plan number 001. The latest loaded filing year is 2023. The filing reports 3,357 participants and $67,338,764 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Cornerstone Employer Solutions, LLC Dba Synchronyhr
- EIN
- 47-1197332
- Plan number
- 001
- Plan type
- 3
- Location
- Saint Louis, MO
- Latest filing year
- 2023
- Participants
- 3,357
- End-of-year plan assets
- $67,338,764
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 3,357 | H, C | 20241015153912NAL0016779331001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $67,338,764
- Total liabilities (EOY)
- $333
- Net assets (EOY)
- $67,338,431
- Net assets (BOY)
- $59,049,820
Income & contributions
- Employer contributions
- $1,966,206
- Participant contributions
- $6,445,749
- Total contributions
- $9,201,912
- Total income / additions
- $20,261,530
Expenses & distributions
- Benefits paid
- $19,320,121
- Administrative expenses
- $487,266
- Total expenses
- $19,844,556
- Net increase / (decrease)
- $416,974
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Slavic Integrated Administration | THIRD-PARTY ADMINISTRATO | $249,426 | not reported in the loaded dataset | 2023 |
| Cornerstone Employer Solutions | PLAN ADMINISTRATOR | $86,606 | not reported in the loaded dataset | 2023 |
| Slavic Mutual Fund Management Corp | PORTFOLIO MANAGEMENT | $78,985 | not reported in the loaded dataset | 2023 |
| Ameritas Life Insurance Corp | NONE | $60,526 | not reported in the loaded dataset | 2023 |
| Bks Financial Investments LLC | NONE | $14,832 | not reported in the loaded dataset | 2023 |
| Charles Schwab Bank | NONE | $19 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Cornerstone Employer Solutions, LLC Dba Synchronyhr
- 2023 Form 5500 filing
- Form 5500 filings in MO
- 401(k) and benefit plan filings in Saint Louis, MO
- Slavic Integrated Administration — Schedule C compensation
- Cornerstone Employer Solutions — Schedule C compensation
- Slavic Mutual Fund Management Corp — Schedule C compensation
- Ameritas Life Insurance Corp — Schedule C compensation
- Bks Financial Investments LLC — Schedule C compensation
- Charles Schwab Bank — Schedule C compensation