Plan Ledger DOL Form 5500 · updated monthly

Current Lighting Employeeco LLC401(k)

CURRENT RETIREMENT SAVINGS PLAN · BEACHWOOD, OH · plan year 2024

Reported admin expense ratio · 2024
0.04%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Current Lighting Employeeco LLC reported $25,758 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,337 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.036%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 453rd-largest of 3,295 plans among Ohio employers on file, and the 2,269th of 13,661 in manufacturing. In 2024, employees put in $2.87 for every $1.00 the employer contributed; active participation has shrunk from 985 to 875 since 2022.

Plan summary
Net assets, end of year$78,537,848
Participants with balances1,269
Active participants875
Employer contributions$2,920,235
Employee contributions$8,383,702
Employer contribution per active participant$3,337
Average account balance$61,890
Benefits paid to participants$12,273,286
Plan auditUnmodified (clean) audit opinion
AuditorLITMANGERSON ASSOCIATES LLP
Plan history3
Yearassets · accounts · employer contribution
2024$78.5M · 1,269 accts · $2.9M emplr
2023$66.2M · 1,064 accts · $3.4M emplr
2022$48.2M · 1,269 accts · $4.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,758
Total administrative$25,758
The Current Lighting Employeeco LLC 401(k) match · 2024
Employer contribution per active participant$3,337
Median for plans this size$3,635
2024$3,337 per active participant
2023$4,914 per active participant
2022$4,060 per active participant

Current Lighting Employeeco LLC's 2024 employer contribution ran below the $3,635 median for plans its size. 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.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$25,758

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$25,758 · 0.04%
2023$45,628 · 0.08%
2022$15,935 · 0.04%
Same employer
Similar plansManufacturing · Ohio
Meyer Tool, Inc. OH$82.5M · 0.05%
Rohrer Corporation OH$81.4M · 0.29%
Remington Products Company OH$78.9M · 0.14%
Vita-Mix Holdings Company OH$76.7M · 0.26%
Great Day Improvements, LLC OH$76.6M · 0.27%
Heidtman Steel Products OH$75.3M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 833000305 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.