Lynch Management Company 401(K) Plan — Form 5500 plan (Lynch Management Company)
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, Lynch Management Company 401(K) Plan is a benefit plan reported by Lynch Management Company under EIN 59-2607387 and plan number 001. The latest loaded filing year is 2023. The filing reports 340 participants and $15,596,902 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Lynch Management Company
- EIN
- 59-2607387
- Plan number
- 001
- Plan type
- 2
- Location
- Jacksonville, FL
- Latest filing year
- 2023
- Participants
- 340
- End-of-year plan assets
- $15,596,902
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 340 | H, C | 20240731140300NAL0014389603001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $15,596,902
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $15,596,902
- Net assets (BOY)
- $13,548,712
Income & contributions
- Employer contributions
- $273,045
- Participant contributions
- $808,509
- Total contributions
- $1,086,769
- Total income / additions
- $2,956,835
Expenses & distributions
- Benefits paid
- $881,506
- Administrative expenses
- $9,939
- Total expenses
- $908,645
- Net increase / (decrease)
- $2,048,190
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Next Financial Group Inc | OTHER SERVICES | $0 | $15,911 | 2023 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $10,019 | $0 | 2023 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 | 2023 |