Plan Ledger DOL Form 5500 · updated monthly

Lightspeed Management Company, LLC401(k)

LIGHTSPEED MANAGEMENT COMPANY RETIREMENT PLAN · MENLO PARK, CA · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Lightspeed Management Company, LLC reported $550 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 0.004% to 0.002%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 2,718th-largest of 9,483 plans among California employers on file, and 2,448th of 4,798 in finance & insurance. active participation has grown from 118 to 155 since 2022.

Plan summary
Net assets, end of year$29,350,107
Participants with balances148
Active participants155
Employer contributions$0
Employee contributions$2,317,847
Employer contribution per active participant$0
Average account balance$198,312
Benefits paid to participants$1,313,412
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$29.4M · 148 accts
2023$22.5M · 136 accts
2022$15.7M · 119 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$550
Total administrative$550
The Lightspeed Management Company, LLC 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Lightspeed Management Company, LLC's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241

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$550 · 0.00%
2023$1,025 · 0.01%
2022$700 · 0.00%
Same employer
Similar plansFinance & Insurance · California
Riviera Finance, LLC CA$30.1M · 0.09%
Bank of the Orient CA$30.0M · 0.13%
Blupeak Credit Union CA$29.0M · 0.22%
Frontwave Credit Union CA$28.4M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203809490 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.