Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

SYNCHRONY FINANCIAL PUERTO RICO SAVINGS PLAN

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

SYNCHRONY FINANCIAL

This Profit Sharing plan holds $20K in total assets and serves 176 participants as of 2022. It is sponsored by SYNCHRONY FINANCIAL in Connecticut. The plan reported a net loss of $4M for the year.

Total Assets (2023)
$20K
Participants
176
State
Industry
Finance & Insurance

What the Filing Says About SYNCHRONY FINANCIAL PUERTO RICO SAVINGS PLAN

SYNCHRONY FINANCIAL PUERTO RICO SAVINGS PLAN is a Profit Sharing retirement plan sponsored by SYNCHRONY FINANCIAL, headquartered in Connecticut. As of the 2022 Form 5500 filing, the plan reports $20K in total end-of-year assets and covers 176 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 510483352, and the plan has been effective since 2015-11-18. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $4M at the beginning of 2022 to $20K at year-end — a decline of 99.5%. Net assets (after liabilities) closed the year at $20K, with reported net income of $-4,339,894 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)$4M
Total Assets (End of Year)$20K
Net Assets (End of Year)$20K
Net Income$-4,339,894
Plan TypeProfit Sharing
Employer EIN510483352
Plan Effective Date2015-11-18
Filing StatusFILING RECEIVED

Sponsor Plan History (SYNCHRONY FINANCIAL)

Year Plans Participants Total Assets
2022 2 10,086 $969M
2023 1 10,078 $1.3B
2024 1 10,640 $1.6B

Nearby Profit Sharing Plans in Connecticut

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the SYNCHRONY FINANCIAL PUERTO RICO SAVINGS PLAN?
As of the 2022 Form 5500 filing, SYNCHRONY FINANCIAL PUERTO RICO SAVINGS PLAN holds $20K in total assets with 176 participants. It is sponsored by SYNCHRONY FINANCIAL.
What type of plan is SYNCHRONY FINANCIAL PUERTO RICO SAVINGS PLAN?
SYNCHRONY FINANCIAL PUERTO RICO SAVINGS PLAN is a Profit Sharing plan. It has been effective since 2015-11-18. The plan is filed with the U.S. Department of Labor under EIN 510483352.
Who sponsors the SYNCHRONY FINANCIAL PUERTO RICO SAVINGS PLAN?
SYNCHRONY FINANCIAL PUERTO RICO SAVINGS PLAN is sponsored by SYNCHRONY FINANCIAL, located in Connecticut. The sponsor's EIN is 510483352 and the plan operates in the Finance & Insurance industry.
How did SYNCHRONY FINANCIAL PUERTO RICO SAVINGS PLAN perform in 2022?
SYNCHRONY FINANCIAL PUERTO RICO SAVINGS PLAN declined by 99.5% during 2022, moving from $4M to $20K in total assets. Net income was $-4,339,894.
Where can I find official filings for SYNCHRONY FINANCIAL PUERTO RICO SAVINGS PLAN?
Official Form 5500 filings for SYNCHRONY FINANCIAL PUERTO RICO SAVINGS PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 510483352 or plan name at efast.dol.gov.
How does SYNCHRONY FINANCIAL PUERTO RICO SAVINGS PLAN compare to other plans?
You can compare SYNCHRONY FINANCIAL PUERTO RICO SAVINGS PLAN against other Profit Sharing 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.

Explore PlainRetire

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 510483352.

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.