Plan Snapshot
- Plan Sponsor: Lynch Motors, INC.
- Sponsor EIN: 060864602
- Sponsor Address: 179-235 TOLLAND TURNPIKE, MANCHESTER, CT, 06040
- Plan Type: 401(k)
- Total Participants: 116
- Total Assets: $13.3M
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 | 116 | $13.3M | $394,502 | $606,253 |
| 2023 | 111 | $11.5M | $394,599 | $565,847 |
| 2022 | 112 | $9.4M | $393,250 | $515,611 |
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 |
|---|---|---|---|---|
| CLIFTON LARSON ALLEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTON LARSON ALLEN LLP — Auditor
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 | $4,178 | — | $4,178 | — | — |
| 2023 | $4,487 | — | $4,487 | — | — |
| 2022 | $5,386 | — | $5,386 | — | — |