Plan Ledger DOL Form 5500 · updated monthly

Dr. Mark Lynn and Associates, PLLC401(k)

LYNN PRACTICES 401(K) PLAN · SAN ANTONIO, TX · plan year 2022

Employer contribution per participant · 2022
$73,689

Dr. Mark Lynn and Associates, PLLC's 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $693,406 across 6 participant accounts, with employer contributions averaging $73,689 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Texas (5,374th of 5,688), and 11,169th of 11,911 in health care & social assistance. In 2022, employees put in $8.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$693,406
Participants with balances6
Active participants1
Employer contributions$73,689
Employee contributions$602,127
Employer contribution per active participant$73,689
Average account balance$115,568
Benefits paid to participants$20,087,304
Plan auditUnmodified (clean) audit opinion
The Dr. Mark Lynn and Associates, PLLC 401(k) match · 2022
Employer contribution per active participant$73,689
Median for plans this size$2,266

Dr. Mark Lynn and Associates, PLLC's 2022 employer contribution ran above the $2,266 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

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Source: U.S. Department of Labor, Form 5500 series, EIN 611331624 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.