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SYNCHRONY FINANCIAL SEVERANCE PLAN 401k Plan overview

Plan NameSYNCHRONY FINANCIAL SEVERANCE PLAN
Plan identification number 502

SYNCHRONY FINANCIAL SEVERANCE PLAN Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Severance pay

401k Sponsoring company profile

SYNCHRONY FINANCIAL has sponsored the creation of one or more 401k plans.

Company Name:SYNCHRONY FINANCIAL
Employer identification number (EIN):510483352
NAIC Classification:522291
NAIC Description:Consumer Lending

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SYNCHRONY FINANCIAL SEVERANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5022022-01-01ERIKA SCRUGHAM2023-09-28 ERIKA SCRUGHAM2023-09-28
5022021-01-01REBECCA THIBEAULT2022-10-12
5022020-01-01REBECCA THIBEAULT2021-10-12
5022019-01-01REBECCA THIBEAULT2020-10-12
5022018-01-01REBECCA THIBEAULT2019-09-09
5022017-01-01
5022016-01-01SAM PRASAD SAM PRASAD2017-09-26
5022015-11-18SAM PRASAD

Plan Statistics for SYNCHRONY FINANCIAL SEVERANCE PLAN

401k plan membership statisitcs for SYNCHRONY FINANCIAL SEVERANCE PLAN

Measure Date Value
2022: SYNCHRONY FINANCIAL SEVERANCE PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-0110,034
Total number of active participants reported on line 7a of the Form 55002022-01-0110,113
Number of retired or separated participants receiving benefits2022-01-0159
Number of other retired or separated participants entitled to future benefits2022-01-014
Total of all active and inactive participants2022-01-0110,176
2021: SYNCHRONY FINANCIAL SEVERANCE PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-019,415
Total number of active participants reported on line 7a of the Form 55002021-01-019,959
Number of retired or separated participants receiving benefits2021-01-01166
Number of other retired or separated participants entitled to future benefits2021-01-014
Total of all active and inactive participants2021-01-0110,129
2020: SYNCHRONY FINANCIAL SEVERANCE PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-0110,025
Total number of active participants reported on line 7a of the Form 55002020-01-019,305
Number of retired or separated participants receiving benefits2020-01-01118
Number of other retired or separated participants entitled to future benefits2020-01-013
Total of all active and inactive participants2020-01-019,426
2019: SYNCHRONY FINANCIAL SEVERANCE PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-0110,210
Total number of active participants reported on line 7a of the Form 55002019-01-0110,189
Number of retired or separated participants receiving benefits2019-01-0158
Number of other retired or separated participants entitled to future benefits2019-01-014
Total of all active and inactive participants2019-01-0110,251
2018: SYNCHRONY FINANCIAL SEVERANCE PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-0110,420
Total number of active participants reported on line 7a of the Form 55002018-01-0110,140
Number of retired or separated participants receiving benefits2018-01-0114
Number of other retired or separated participants entitled to future benefits2018-01-0127
Total of all active and inactive participants2018-01-0110,181
2017: SYNCHRONY FINANCIAL SEVERANCE PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-019,593
Total number of active participants reported on line 7a of the Form 55002017-01-0110,386
Number of retired or separated participants receiving benefits2017-01-0114
Number of other retired or separated participants entitled to future benefits2017-01-0122
Total of all active and inactive participants2017-01-0110,422
2016: SYNCHRONY FINANCIAL SEVERANCE PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-018,323
Total number of active participants reported on line 7a of the Form 55002016-01-0110,576
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-010
Total of all active and inactive participants2016-01-0110,576
2015: SYNCHRONY FINANCIAL SEVERANCE PLAN 2015 401k membership
Total participants, beginning-of-year2015-11-186,802
Total number of active participants reported on line 7a of the Form 55002015-11-180
Number of retired or separated participants receiving benefits2015-11-180
Number of other retired or separated participants entitled to future benefits2015-11-180
Total of all active and inactive participants2015-11-180

Form 5500 Responses for SYNCHRONY FINANCIAL SEVERANCE PLAN

2022: SYNCHRONY FINANCIAL SEVERANCE PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – General assets of the sponsorYes
2022-01-01Plan benefit arrangement – General assets of the sponsorYes
2021: SYNCHRONY FINANCIAL SEVERANCE PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – General assets of the sponsorYes
2021-01-01Plan benefit arrangement – General assets of the sponsorYes
2020: SYNCHRONY FINANCIAL SEVERANCE PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – General assets of the sponsorYes
2020-01-01Plan benefit arrangement – General assets of the sponsorYes
2019: SYNCHRONY FINANCIAL SEVERANCE PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – General assets of the sponsorYes
2019-01-01Plan benefit arrangement – General assets of the sponsorYes
2018: SYNCHRONY FINANCIAL SEVERANCE PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – General assets of the sponsorYes
2018-01-01Plan benefit arrangement – General assets of the sponsorYes
2017: SYNCHRONY FINANCIAL SEVERANCE PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – General assets of the sponsorYes
2017-01-01Plan benefit arrangement – General assets of the sponsorYes
2016: SYNCHRONY FINANCIAL SEVERANCE PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – General assets of the sponsorYes
2016-01-01Plan benefit arrangement – General assets of the sponsorYes
2015: SYNCHRONY FINANCIAL SEVERANCE PLAN 2015 form 5500 responses
2015-11-18Type of plan entitySingle employer plan
2015-11-18First time form 5500 has been submittedYes
2015-11-18Submission has been amendedNo
2015-11-18This submission is the final filingNo
2015-11-18This return/report is a short plan year return/report (less than 12 months)Yes
2015-11-18Plan is a collectively bargained planNo
2015-11-18Plan funding arrangement – General assets of the sponsorYes
2015-11-18Plan benefit arrangement – General assets of the sponsorYes

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