Plan Ledger DOL Form 5500 · updated monthly

Lightning Ventures, Inc.401(k)

LIGHTNING VENTURES, INC. 401(K) SAVINGS PLAN · ENGLEWOOD, CO · plan year 2023

Reported admin expense ratio · 2023
0.59%

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

Lightning Ventures, Inc. reported $50,148 in plan administrative expenses for 2023: 0.59% of average plan assets, above the peer median. Employer contributions averaged $2,110 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 has held roughly steady near 0.59%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Colorado (848th of 1,461), and 3,270th of 5,337 in construction. In 2023, employees put in $1.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,797,517
Participants with balances88
Active participants167
Employer contributions$352,302
Employee contributions$480,111
Employer contribution per active participant$2,110
Average account balance$99,972
Benefits paid to participants$1,328,957
Plan auditUnmodified (clean) audit opinion
AuditorMARTIN, VEJVODA AND ASSOCIATES, INC
Plan history2
Yearassets · accounts · employer contribution
2023$8.8M · 88 accts · $352K emplr
2022$8.2M · 100 accts · $391K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$50,148
Total administrative$50,148
The Lightning Ventures, Inc. 401(k) match · 2023
Employer contribution per active participant$2,110
Median for plans this size$1,308
2023$2,110 per active participant
2022$2,313 per active participant

Lightning Ventures, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
EMPOWER ADVISORY GROUP, LLC · Investment management$3,960
ASCENSUS HOLDINGS INC. DBA FUTUREPL · Contract administrator$2,898
IMA WEALTH, INC.indirect comp

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

Administrative cost history2
2023$50,148 · 0.59%
2022$49,510 · 0.57%
Same employer
Similar plansConstruction · Colorado
Tanco Engineering, Inc. CO$9.4M · 0.58%
Iron Woman Partners LLC CO$8.4M · 0.26%
J. R. Butler Inc. CO$8.1M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 840962254 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.