Plan Ledger DOL Form 5500 · updated monthly

L. U. K. Crisis Center, Inc.Profit-sharing plan

LUK RETIREMENT PLAN · FITCHBURG, MA · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

L. U. K. Crisis Center, Inc. reported $11,018 in plan administrative expenses for 2024: 0.57% of average plan assets, above the peer median. Employer contributions averaged $1,506 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 2 years on file its reported administrative ratio fell from 0.78% to 0.57%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Massachusetts (2,568th of 2,726), and 9,966th of 11,911 in health care & social assistance. active participation has grown from 150 to 166 since 2022.

Plan summary
Net assets, end of year$2,107,670
Participants with balances204
Active participants166
Employer contributions$250,000
Employee contributions—
Employer contribution per active participant$1,506
Average account balance$10,332
Benefits paid to participants$44,038
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.1M · 204 accts · $250K emplr
2023$1.7M · 182 accts · $250K emplr
2022$1.4M · 218 accts · $50K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,018
Total administrative$11,018
Employer contributions to the L. U. K. Crisis Center, Inc. plan · 2024
Employer contribution per active participant$1,506
Median for plans this size$1,313
2024$1,506 per active participant
2023$1,592 per active participant
2022$333 per active participant

L. U. K. Crisis Center, Inc.'s 2024 employer contribution ran above the $1,313 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
JOHN HANCOCK USA · Recordkeeping$150

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$11,018 · 0.57%
2023$14,411 · 0.93%
2022$10,477 · 0.78%
Similar plansHealth Care & Social Assistance · Massachusetts
Triangle, Inc. MA$2.2M · 0.05%
Guardian Healthcare LLC MA$2.1M · 0.43%
Abacus Insights Inc. MA$2.1M · 0.44%
Centerboard, Inc. MA$1.9M · 0.16%
Roca, Inc. MA$1.9M · 0.72%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 042483679 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.