Plan Ledger DOL Form 5500 · updated monthly

Lumina Foods, LLC401(k)

LUMINA FOODS, LLC RETIREMENT PLAN · NASHVILLE, TN · plan year 2023

Reported admin expense ratio · 2023
0.61%

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

Lumina Foods, LLC reported $72,131 in plan administrative expenses for 2023: 0.61% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,510 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 has held roughly steady near 0.61%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other administrative & support services employers. By assets it is the 740th-largest of 1,496 plans among Tennessee employers on file, and the 843rd of 2,534 in administrative & support services. In 2023, employees put in $2.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,163,101
Participants with balances426
Active participants199
Employer contributions$499,401
Employee contributions$1,189,066
Employer contribution per active participant$2,510
Average account balance$30,899
Benefits paid to participants$866,376
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history2
Yearassets · accounts · employer contribution
2023$13.2M · 426 accts · $499K emplr
2022$10.5M · 497 accts · $438K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$51,597
Investment management$20,534
Total administrative$72,131
The Lumina Foods, LLC 401(k) match · 2023
Employer contribution per active participant$2,510
Median for plans this size$2,440
2023$2,510 per active participant
2022$1,182 per active participant

Lumina Foods, LLC's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
JANNEY MONTGOMERY SCOTT LLC · Investment advisory (plan)$20,534

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

Administrative cost history2
2023$72,131 · 0.61%
2022$67,081 · 0.59%
Same employer
Similar plansAdministrative & Support Services · Tennessee
Tbhc Delivers, LLC TN$15.3M · 0.57%
Mimeo, Inc. TN$14.7M · 0.68%
Invo Peo, Inc. TN$14.4M · 1.04%
Hctec Partners TN$10.4M · 0.92%
Frost-Arnett Company TN$9.1M · 0.51%
Sms Holdings Corp. TN$8.6M · 1.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262264811 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.