Plan Ledger DOL Form 5500 · updated monthly

Lumileds LLC401(k)

LUMILEDS LLC 401(K) PLAN · SAN JOSE, CA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Lumileds LLC reported $73,664 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,121 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 0.05% to 0.03%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 522nd-largest of 9,483 plans among California employers on file, and the 1,068th of 13,661 in manufacturing. In 2024, employees put in $1.94 for every $1.00 the employer contributed; active participation has shrunk from 376 to 208 since 2022.

Plan summary
Net assets, end of year$225,400,165
Participants with balances594
Active participants208
Employer contributions$1,689,197
Employee contributions$3,273,094
Employer contribution per active participant$8,121
Average account balance$379,462
Benefits paid to participants$24,956,304
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$225.4M · 594 accts · $1.7M emplr
2023$210.2M · 649 accts · $1.8M emplr
2022$183.3M · 723 accts · $2.9M emplr
The Lumileds LLC 401(k) match · 2024
Employer contribution per active participant$8,121
Median for plans this size$3,635
2024$8,121 per active participant
2023$6,457 per active participant
2022$7,785 per active participant

Lumileds LLC's 2024 employer contribution ran above the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$74,298

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$73,664 · 0.03%
2023$59,907 · 0.03%
2022$105,954 · 0.05%
Same employer
Similar plansManufacturing · California
Pharmavite LLC CA$228.1M · 0.16%
Sierra Nevada Brewing Co. CA$226.1M · 0.04%
Nippon Paint (USA) Inc. CA$216.8M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330876012 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.