Synergy Business Innovation 401(K) P/S Plan — Form 5500 plan (Synergy Business Innovation And)
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, Synergy Business Innovation 401(K) P/S Plan is a benefit plan reported by Synergy Business Innovation And under EIN 84-1698665 and plan number 001. The latest loaded filing year is 2023. The filing reports 586 participants and $27,092,632 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Synergy Business Innovation And
- EIN
- 84-1698665
- Plan number
- 001
- Plan type
- 2
- Location
- Reston, VA
- Latest filing year
- 2023
- Participants
- 586
- End-of-year plan assets
- $27,092,632
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 586 | H, C | 20240918145956NAL0004743953001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $27,092,632
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $27,092,632
- Net assets (BOY)
- $16,394,038
Income & contributions
- Employer contributions
- $2,586,976
- Participant contributions
- $4,623,190
- Total contributions
- $9,098,884
- Total income / additions
- $12,448,562
Expenses & distributions
- Benefits paid
- $1,696,060
- Administrative expenses
- $52,814
- Total expenses
- $1,749,968
- Net increase / (decrease)
- $10,698,594
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Edward D. Jones & Co., L.P. | RETAINED BY EMPLOYER | $37,633 | not reported in the loaded dataset | 2023 |
| John Hancock | RETAINED BY EMPLOYER | $11,417 | $0 | 2023 |