Plan Ledger DOL Form 5500 · updated monthly

Lumine Group US Holding Inc.401(k)

LUMINE GROUP US HOLDING INC. 401(K) PLAN · LOWELL, MA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Lumine Group US Holding Inc. reported $25,730 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $3,159 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 fell from 0.19% to 0.14%. 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 1,215th-largest of 2,726 plans among Massachusetts employers on file, and the 959th of 2,199 in information & media. In 2024, employees put in $3.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,433,510
Participants with balances417
Active participants332
Employer contributions$1,048,867
Employee contributions$3,430,620
Employer contribution per active participant$3,159
Average account balance$53,797
Benefits paid to participants$2,112,540
Plan auditUnmodified (clean) audit opinion
AuditorMOSS ADAMS
Plan history2
Yearassets · accounts · employer contribution
2024$22.4M · 417 accts · $1.0M emplr
2023$13.8M · 206 accts · $192K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,028
Investment management$2,702
Total administrative$25,730
The Lumine Group US Holding Inc. 401(k) match · 2024
Employer contribution per active participant$3,159
Median for plans this size$2,416
2024$3,159 per active participant
2023$1,270 per active participant

Lumine Group US Holding 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 · 20242
EMPOWER ADVISORY GROUP, LLC · Investment management$2,702

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$25,730 · 0.14%
2023$21,563 · 0.19%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 882640073 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.