Plan Snapshot
- Plan Sponsor: Lynch Management Company
- Sponsor EIN: 592607387
- Sponsor Address: 2165 RIVER BLVD, JACKSONVILLE, FL, 322044413
- Plan Type: 401(k)
- Total Participants: 119
- Total Assets: $17.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 119 | $17.7M | $281,136 | $796,657 |
| 2023 | 198 | $15.6M | $273,045 | $808,509 |
| 2022 | 189 | $13.5M | $258,040 | $790,638 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| MASTERS, SMITH & WISBY, P.A. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $9,698 | — | $9,698 | — | — |
| 2023 | $9,939 | — | $9,939 | — | — |
| 2022 | $9,649 | — | $9,649 | — | — |