401(k)
2022 plan-year 401(k) DOL Form 5500

LYNCH MOTORS, INC. 401(K) PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

LYNCH MOTORS, INC.

This 401(k) plan holds $9M in total assets and serves 107 participants as of 2022. It is sponsored by LYNCH MOTORS, INC. in Connecticut. The plan reported a net loss of $1M for the year.

Total Assets (2023)
$9M
Participants
107
State
Industry
Retail Trade

What the Filing Says About LYNCH MOTORS, INC. 401(K) PLAN

LYNCH MOTORS, INC. 401(K) PLAN is a 401(k) retirement plan sponsored by LYNCH MOTORS, INC., headquartered in Connecticut. As of the 2022 Form 5500 filing, the plan reports $9M in total end-of-year assets and covers 107 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 060864602, and the plan has been effective since 1994-03-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $11M at the beginning of 2022 to $9M at year-end — a decline of 12.1%. Net assets (after liabilities) closed the year at $9M, with reported net income of $-1,292,688 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 and can be compared against 2 prior plan-year filings from the same sponsor shown below.

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.

Financial Summary (2023)

Total Assets (Beginning of Year)$11M
Total Assets (End of Year)$9M
Net Assets (End of Year)$9M
Net Income$-1,292,688
Plan Type401(k)
Employer EIN060864602
Plan Effective Date1994-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (LYNCH MOTORS, INC.)

Year Plans Participants Total Assets
2022 1 107 $9M
2023 1 108 $11M
2024 1 119 $13M

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Frequently Asked Questions

How much money is in the LYNCH MOTORS, INC. 401(K) PLAN?
As of the 2022 Form 5500 filing, LYNCH MOTORS, INC. 401(K) PLAN holds $9M in total assets with 107 participants. It is sponsored by LYNCH MOTORS, INC..
What type of plan is LYNCH MOTORS, INC. 401(K) PLAN?
LYNCH MOTORS, INC. 401(K) PLAN is a 401(k) plan. It has been effective since 1994-03-01. The plan is filed with the U.S. Department of Labor under EIN 060864602.
Who sponsors the LYNCH MOTORS, INC. 401(K) PLAN?
LYNCH MOTORS, INC. 401(K) PLAN is sponsored by LYNCH MOTORS, INC., located in Connecticut. The sponsor's EIN is 060864602 and the plan operates in the Retail Trade industry.
How did LYNCH MOTORS, INC. 401(K) PLAN perform in 2022?
LYNCH MOTORS, INC. 401(K) PLAN declined by 12.1% during 2022, moving from $11M to $9M in total assets. Net income was $-1,292,688.
Where can I find official filings for LYNCH MOTORS, INC. 401(K) PLAN?
Official Form 5500 filings for LYNCH MOTORS, INC. 401(K) PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 060864602 or plan name at efast.dol.gov.
How does LYNCH MOTORS, INC. 401(K) PLAN compare to other plans?
You can compare LYNCH MOTORS, INC. 401(K) PLAN against other 401(k) plans on the plan type page, or view plans in Connecticut on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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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 060864602.

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 official public datasets. See our methodology for details.