Linc Systems 401(K) Plan — Form 5500 plan (Linc Acquisition Co.)
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, Linc Systems 401(K) Plan is a benefit plan reported by Linc Acquisition Co. under EIN 83-1539856 and plan number 001. The latest loaded filing year is 2023. The filing reports 321 participants and $27,346,897 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Linc Acquisition Co.
- EIN
- 83-1539856
- Plan number
- 001
- Plan type
- 2
- Location
- Westfield, IN
- Latest filing year
- 2023
- Participants
- 321
- End-of-year plan assets
- $27,346,897
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 321 | H, C | 20241015124643NAL0029676465001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $27,346,897
- Net assets (EOY)
- $27,346,897
- Net assets (BOY)
- $25,916,070
Income & contributions
- Employer contributions
- $306,565
- Participant contributions
- $1,677,570
- Total contributions
- $2,215,271
- Total income / additions
- $6,914,333
Expenses & distributions
- Benefits paid
- $5,380,018
- Administrative expenses
- $98,105
- Total expenses
- $5,483,506
- Net increase / (decrease)
- $1,430,827
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Mack Financial Group, Inc. | INVESTMENT ADVISOR | $47,939 | not reported in the loaded dataset | 2023 |
| John Hancock | CUSTODIAN, ROCORDKEEPER | $24,331 | not reported in the loaded dataset | 2023 |
| Cbiz Apa | THIRD PARTY ADMINISTRATO | $23,523 | not reported in the loaded dataset | 2023 |