Plan Ledger DOL Form 5500 · updated monthly

Lotus Communications Corp.401(k)

LOTUS COMMUNICATIONS CORP. 401(K) RETIREMENT AND SAVINGS PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Lotus Communications Corp. reported $8,209 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $587 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 0.04% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 3,143rd-largest of 9,483 plans among California employers on file, and the 898th of 2,199 in information & media. In 2024, employees put in $4.12 for every $1.00 the employer contributed; active participation has grown from 405 to 450 since 2022.

Plan summary
Net assets, end of year$24,594,220
Participants with balances241
Active participants450
Employer contributions$264,175
Employee contributions$1,089,540
Employer contribution per active participant$587
Average account balance$102,051
Benefits paid to participants$3,480,350
Plan auditUnmodified (clean) audit opinion
AuditorMILLER, KAPLAN, ARASE & CO. LLP
Plan history3
Yearassets · accounts · employer contribution
2024$24.6M · 241 accts · $264K emplr
2023$23.3M · 251 accts · $331K emplr
2022$19.7M · 263 accts · $343K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,244
Investment management$5,965
Total administrative$8,209
The Lotus Communications Corp. 401(k) match · 2024
Employer contribution per active participant$587
Median for plans this size$2,416
2024$587 per active participant
2023$875 per active participant
2022$848 per active participant

Lotus Communications Corp.'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 · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,965
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$2,244

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$8,209 · 0.03%
2023$11,100 · 0.05%
2022$9,396 · 0.04%
Same employer
Similar plansInformation & Media · California
Floqast, Inc. CA$25.1M · 0.11%
Sigma Computing, Inc. CA$25.1M · 0.14%
Treasure Data, Inc. CA$24.8M · 0.33%
Velodyne Lidar USA, Inc. CA$24.7M · 0.40%
Seesaw Learning, Inc. CA$24.5M · 0.32%
Snapdocs, Inc. CA$24.5M · 0.31%
Evernote Corporation CA$24.3M · 0.04%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 952216930 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.