Plan Ledger DOL Form 5500 · updated monthly

Lucid Energy Group 11 LLC401(k)

LUCID ENERGY GROUP LL, LLC 401K PLAN · DALLAS, TX · plan year 2022

Reported admin expense ratio · 2022
0.09%

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

Lucid Energy Group 11 LLC reported $11,781 in plan administrative expenses for 2022: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $11,944 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 2,715th-largest of 5,688 plans among Texas employers on file, and the 1,003rd of 2,677 in transportation & warehousing. In 2022, employees put in $1.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,585,466
Participants with balances228
Active participants140
Employer contributions$1,672,156
Employee contributions$2,124,126
Employer contribution per active participant$11,944
Average account balance$55,199
Benefits paid to participants$2,184,324
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$12.6M · 228 accts · $1.7M emplr
The Lucid Energy Group 11 LLC 401(k) match · 2022
Employer contribution per active participant$11,944
Median for plans this size$2,266

Lucid Energy Group 11 LLC's 2022 employer contribution ran above the $2,266 median for plans its size, placing it in the top 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$11,781 · 0.09%
Similar plansTransportation & Warehousing · Texas
Perimeter International TX$13.3M · 0.04%
Iss-Marine Services, Inc. TX$12.7M · 0.33%
Heli-One (U.S.) Inc. TX$11.4M · 0.11%
Houston Food Bank TX$11.4M · 0.38%
Southern Mail Service, Inc. TX$11.3M · 2.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364825214 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.