Synchrony Financial My Savings Plan — Form 5500 plan (Synchrony Financial)

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, Synchrony Financial My Savings Plan is a benefit plan reported by Synchrony Financial under EIN 51-0483352 and plan number 001. The latest loaded filing year is 2023. The filing reports 12,398 participants and $1,282,302,594 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Synchrony Financial
EIN
51-0483352
Plan number
001
Plan type
2
Location
Stamford, CT
Latest filing year
2023
Participants
12,398
End-of-year plan assets
$1,282,302,594

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202312,398H, C20241011103418NAL0043337074001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$1,282,302,594
Total liabilities (EOY)
$0
Net assets (EOY)
$1,282,302,594
Net assets (BOY)
$969,410,039

Income & contributions

Employer contributions
$87,468,769
Participant contributions
$81,051,179
Total contributions
$183,648,612
Total income / additions
$387,762,167

Expenses & distributions

Benefits paid
$74,215,125
Administrative expenses
$351,947
Total expenses
$74,869,612
Net increase / (decrease)
$312,892,555

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$351,947$02023

Related Form 5500 pages