Profit Sharing · DOL Form 5500 · 2024

Lynnrich Inc Profit Sharing Plan

Data updated 2026-08-06

$3M
Total assets
60
Participants
35th
Percentile by assets
$52,984
Avg per participant
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Official DOL plan name: Lynnrich Inc Profit Sharing Plan · Sponsored by Lynnrich Inc · California · Food Services & Accommodation

$3M in assets, 60 participants

Lynnrich Inc's Lynnrich Inc Profit Sharing Plan reported $3M in total assets and 60 participants in its 2024 DOL Form 5500 filing, ranking in the 35th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 35th percentile by assets (of 116,472 plans)

Food Services & Accommodation sector rank

Within Food Services & Accommodation, Lynnrich Inc Profit Sharing Plan ranks #2,415 of 3,468 2024 filers by assets (621% of the sector average)-$3M for 60 participants.

$3M
total plan assets (2024 EOY)
60
covered participants
35th
percentile by assets (of 116,472 plans)
$52,984
avg assets per participant

The plan reported a net loss of $740K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Lynnrich Inc Profit Sharing Plan reported net income fell from $457K in the plan year 2023 filing to -$740K in the plan year 2024 filing.
  • Lynnrich Inc Profit Sharing Plan end-of-year assets fell from $4M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Lynnrich Inc Profit Sharing Plan reported participants rose from 56 in the plan year 2023 filing to 60 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Rank #2,415 in Food Services & Accommodation

Among 3,468 Food Services & Accommodation plans that filed a Form 5500 for plan year 2024, Lynnrich Inc Profit Sharing Plan ranks #2,415 by end-of-year assets - about 621% of the sector average of $20M. Nationally it sits in the 35th percentile, a stronger position within its industry than across all filers.

Food Services & Accommodation filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$3M
Net Income-$740K
Employer EIN942605691
Plan Effective Date1979-09-17
Filing StatusFILING RECEIVED

Sponsor Plan History (Lynnrich Inc)

$3M$3.5M$4M 202220232024 $3.46M $3.18M ▼ -8.1%
Total plan assets by year, all Lynnrich Inc plans on file
Year Plans Participants Total Assets
2022 1 51 $3M
2023 1 56 $4M
2024 1 60 $3M

Nearby Profit Sharing Plans in California

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

Lynnrich Inc Profit Sharing Plan vs. nearby Profit Sharing plans in California, assets vs. participants

Lynnrich Inc Profit Sharing Plan vs. nearby Profit Sharing plans in California, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -20246810 Total assets ($B) Participants Lynnrich Inc Profit …Scpmg Keogh PlanIntel Retirement Con…Motion Picture Indus…Memorialcare Retirem…Disney Retirement Sa…
Lynnrich Inc Profit Sharing Plan vs. nearby Profit Sharing plans in California, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Lynnrich Inc Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Lynnrich Inc Profit Sharing Plan assets move in 2024?
Lynnrich Inc Profit Sharing Plan declined sharply - down 18.9% during 2024, from $4M to $3M. Reported net income was -$740K.
How have Lynnrich Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Lynnrich Inc's sponsor-wide assets declined 8.2%, from $3M to $3M.
Which Profit Sharing plans are similar in size to Lynnrich Inc Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Greenville Womens Clinic PA Profit Sharing Plan in SC ($3M, 10 participants).

Filing takeaways

Ways to act on Lynnrich Inc Profit Sharing Plan's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 942605691.

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