Plan Ledger DOL Form 5500 · updated monthly

Lamps Plus Inc401(k)

LAMPS PLUS 401(K) PLAN · CHATSWORTH, CA · plan year 2023

Reported admin expense ratio · 2023
0.05%

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

Lamps Plus Inc reported $28,414 in plan administrative expenses for 2023: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $606 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 rose from 0.04% to 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other retail trade employers. By assets it is the 1,487th-largest of 9,483 plans among California employers on file, and the 550th of 5,215 in retail trade. In 2023, employees put in $7.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$62,104,188
Participants with balances1,157
Active participants891
Employer contributions$539,844
Employee contributions$4,298,211
Employer contribution per active participant$606
Average account balance$53,677
Benefits paid to participants$5,069,980
Plan auditUnmodified (clean) audit opinion
AuditorMOSS ADAMS
Plan history3
Yearassets · accounts · employer contribution
2024$58.6M · 1,049 accts · $472K emplr
2023$62.1M · 1,157 accts · $540K emplr
2022$53.6M · 1,185 accts · $529K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$28,402
Investment management$12
Total administrative$28,414
The Lamps Plus Inc 401(k) match · 2023
Employer contribution per active participant$606
Median for plans this size$3,659
2024$581 per active participant
2023$606 per active participant
2022$562 per active participant

Lamps Plus Inc's 2023 employer contribution ran below the $3,659 median for plans its size, in the bottom 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.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$28,402

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$67,661 · 0.11%
2023$28,414 · 0.05%
2022$20,191 · 0.04%
Same employer
Similar plansRetail Trade · California
Fresno Truck Center CA$71.0M · 0.72%
Newegg Inc. CA$67.2M · 0.26%
The Niello Company CA$65.1M · 0.32%
Sitecore USA, Inc. CA$61.1M · 0.04%
The Realreal CA$60.8M · 0.63%
Sunroad Holding Corporation CA$60.8M · 0.27%
Thumbtack, Inc. CA$58.4M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953033131 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.