401(k) · DOL Form 5500 · 2022

D'amato & Lynch, LLP Profit Sharing Plan

Data updated 2026-05-15

$11M
Total assets
52
Participants
67th
Percentile by assets
$219,018
Avg per participant

Sponsored by D'amato & Lynch, LLP · North Carolina · Professional & Technical Services

What the 2022 filing shows

D'amato & Lynch, LLP Profit Sharing Plan holds $11M for 52 participants - about $219,018 per participant, above the median plan by assets, down 46.4% over the 2022 plan year.

$11M
total plan assets (2022 EOY)
52
covered participants
67th
percentile by assets (of 139,258 plans)
$219,018
avg assets per participant

The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Industry
Professional & Technical Services

401(k) · DOL Form 5500 · 2022

What the Filing Says About D'amato & Lynch, LLP Profit Sharing Plan

D'amato & Lynch, LLP Profit Sharing Plan is a 401(k) retirement plan sponsored by D'amato & Lynch, LLP, headquartered in North Carolina. According to the U.S. Department of Labor's 2022 Form 5500 filing, the plan reports $11M in total end-of-year assets and covers 52 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 132916296, and the plan has been effective since 1993-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets contracted severely from $21M at the beginning of 2022 to $11M at year-end - down 46.4%. Net assets (after liabilities) closed the year at $11M, with reported net income of -$10M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

How the percentile is calculated: we count every plan that filed a 2022 Form 5500 with a reported end-of-year asset figure (139,258 plans), rank D'amato & Lynch, LLP Profit Sharing Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.

Financial Summary (2022)

Total Assets (Beginning of Year)$21M
Total Assets (End of Year)$11M
Net Assets (End of Year)$11M
Net Income-$10M
Plan Type401(k)
Employer EIN132916296
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Carolina

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Frequently Asked Questions

How much money is in the D'amato & Lynch, LLP Profit Sharing Plan?
As of the 2022 Form 5500 filing, D'amato & Lynch, LLP Profit Sharing Plan holds $11M in total assets with 52 participants. It is sponsored by D'amato & Lynch, LLP.
What type of plan is D'amato & Lynch, LLP Profit Sharing Plan?
D'amato & Lynch, LLP Profit Sharing Plan is a 401(k) plan. It has been effective since 1993-01-01. The plan is filed with the U.S. Department of Labor under EIN 132916296.
Who sponsors the D'amato & Lynch, LLP Profit Sharing Plan?
D'amato & Lynch, LLP Profit Sharing Plan is sponsored by D'amato & Lynch, LLP, located in North Carolina. The sponsor's EIN is 132916296 and the plan operates in the Professional & Technical Services industry.
How did D'amato & Lynch, LLP Profit Sharing Plan perform in 2022?
D'amato & Lynch, LLP Profit Sharing Plan contracted severely - down 46.4% during 2022, moving from $21M to $11M in total assets. Net income was -$10M.

What this filing means

Ways to act on D'amato & Lynch, LLP Profit Sharing Plan's numbers.

  • By total assets, D'amato & Lynch, LLP Profit Sharing Plan ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in North Carolina. Compare plans
  • A 401(k) plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 132916296.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.