Plan Ledger DOL Form 5500 · updated monthly

Lightmatter Inc401(k)

LIGHTMATTER INC 401(K) PLAN · MOUNTAIN VIEW, CA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Lightmatter Inc reported $9,936 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,416 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 1 year on file its reported administrative ratio fell from 0.10% to 0.09%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 4,696th-largest of 9,483 plans among California employers on file, and 7,005th of 11,654 in professional & technical services. In 2024, employees put in $4.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,348,385
Participants with balances246
Active participants206
Employer contributions$703,717
Employee contributions$3,076,493
Employer contribution per active participant$3,416
Average account balance$54,262
Benefits paid to participants$943,749
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$13.3M · 246 accts · $704K emplr
2023$7.8M · 178 accts · $459K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,852
Investment management$8,084
Total administrative$9,936
The Lightmatter Inc 401(k) match · 2024
Employer contribution per active participant$3,416
Median for plans this size$2,416
2024$3,416 per active participant
2023$3,163 per active participant

Lightmatter Inc's 2024 employer contribution ran above the $2,416 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 · 20242
GUIDELINE, INC. · Plan administrator · Recordkeeping$8,911
BENEFIT TRUST COMPANY · Custodial · Custodial (securities)indirect comp

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

Recordkeeper by year2
2024Guideline
2023Guideline

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

Administrative cost history2
2024$9,936 · 0.09%
2023$6,279 · 0.10%
Same employer
Similar plansProfessional & Technical Services · California
Project Affinity, Inc. CA$13.4M · 0.34%
Duetto Research, Inc. CA$13.4M · 0.02%
Superior Tank Company, Inc. CA$13.4M · 0.35%
Infotrack US Inc CA$13.3M · 0.60%
Launchsquad, LLC CA$13.2M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823335800 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.