Plan Ledger DOL Form 5500 · updated monthly

Lumibird Photonics USA, Inc401(k)

LUMIBIRD PHOTONICS USA, INC 401(K) PROFIT SHARING PLAN · BOZEMAN, MT · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Lumibird Photonics USA, Inc reported $29,703 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $4,109 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 rose from 0.02% to 0.19%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 90th-largest of 229 plans among Montana employers on file, and the 6,746th of 13,661 in manufacturing. In 2024, employees put in $1.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,231,815
Participants with balances136
Active participants118
Employer contributions$484,901
Employee contributions$925,637
Employer contribution per active participant$4,109
Average account balance$119,352
Benefits paid to participants$2,308,050
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$16.2M · 136 accts · $485K emplr
2023$15.2M · 140 accts · $427K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,703
Total administrative$29,703
The Lumibird Photonics USA, Inc 401(k) match · 2024
Employer contribution per active participant$4,109
Median for plans this size$2,416
2024$4,109 per active participant
2023$3,235 per active participant

Lumibird Photonics USA, 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$29,703
ALLIANT INSURANCE SERVICES, INC. · Investment advisory (plan)indirect comp
LUMIBIRD PHOTONICS USA, INC · Plan administratorindirect 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
2024$29,703 · 0.19%
2023$2,636 · 0.02%
Same employer
Similar plansManufacturing · Montana
Wyo-Ben, Inc. MT$27.6M · 0.32%
American Chemet Corporation MT$25.9M · 0.29%
Pfl Tech, Inc MT$25.0M · 0.37%
Montana Silversmiths, Inc. MT$13.2M · 0.23%
Torgersons, LLC MT$11.4M · 0.43%
Sun Mountain Sports, Inc. MT$8.6M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810415794 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.