Plan Snapshot
- Plan Sponsor: Lynco Distribution, INC.
- Sponsor EIN: 020619592
- Sponsor Address: 1410 11TH STREET WEST, MILAN, IL, 61264
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $12.2M
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 | 0 | $12.2M | $425,740 | $914,737 |
| 2023 | 0 | $9.1M | $366,421 | $787,906 |
| 2022 | 249 | $6.9M | $301,317 | $624,917 |
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 |
|---|---|---|---|---|
| EDWARD JONES | Investment Advisor | $31,205 | — | $31,205 |
| CAPITAL GROUP RETIREMENT PLAN SVCS. | Recordkeeper | $29,164 | — | $29,164 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $60,369
- Estimated Expense Ratio: 0.496% of plan assets
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 | $60,369 | $31,205 | — | — | — |
| 2023 | $46,627 | $25,841 | — | — | — |
| 2022 | $52,542 | — | $52,542 | — | — |