George & Lynch 401(K) Profit Sharing Plan — Form 5500 plan (George & Lynch, 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, George & Lynch 401(K) Profit Sharing Plan is a benefit plan reported by George & Lynch, Inc. under EIN 51-0356469 and plan number 001. The latest loaded filing year is 2023. The filing reports 204 participants and $21,389,739 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
George & Lynch, Inc.
EIN
51-0356469
Plan number
001
Plan type
2
Location
Dover, DE
Latest filing year
2023
Participants
204
End-of-year plan assets
$21,389,739

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023204H, C20241011103058NAL0012371907001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$21,389,739
Net assets (EOY)
$21,389,739
Net assets (BOY)
$19,232,193

Income & contributions

Employer contributions
$282,173
Participant contributions
$478,598
Total contributions
$826,357
Total income / additions
$3,965,366

Expenses & distributions

Benefits paid
$1,703,505
Administrative expenses
$104,315
Total expenses
$1,807,820
Net increase / (decrease)
$2,157,546

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Commonwealth Financial NetworkRIA$0$51,3642023
John Hancock UsaRECORDKEEPER$6,786$02023

Related Form 5500 pages