Plan Ledger DOL Form 5500 · updated monthly

Lummus Technology LLC401(k)

LUMMUS TECHNOLOGY SAVINGS PLAN · BLOOMFIELD, NJ · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Lummus Technology LLC reported $30,502 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,402 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 0.04% to 0.03%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 336th-largest of 2,419 plans among New Jersey employers on file, and the 37th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$112,693,276
Participants with balances608
Active participants533
Employer contributions$5,011,489
Employee contributions$8,679,057
Employer contribution per active participant$9,402
Average account balance$185,351
Benefits paid to participants$8,461,632
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$112.7M · 608 accts · $5.0M emplr
2023$91.0M · 608 accts · $4.7M emplr
2022$64.8M · 563 accts · $4.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,502
Total administrative$30,502
The Lummus Technology LLC 401(k) match · 2024
Employer contribution per active participant$9,402
Median for plans this size$3,635
2024$9,402 per active participant
2023$8,736 per active participant
2022$8,561 per active participant

Lummus Technology 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 · 20248
T. ROWE PRICE RPS, INC. · Recordkeeping · Trustee$30,502
AMERICAN FUNDS · Investment managementindirect comp
JP MORGAN FUNDS · Investment managementindirect comp
FIDELITY · Investment managementindirect comp
DELAWARE · Investment managementindirect comp
PIMCO FUNDS · Investment managementindirect comp
VANGUARD GROUP · Investment managementindirect comp
DODGE & COX · Investment managementindirect comp

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$30,502 · 0.03%
2023$29,528 · 0.04%
2022$23,949 · 0.04%
Same employer
Similar plansAgriculture, Forestry & Fishing · New Jersey
Rayonier Inc. FL$122.7M · 0.19%
New Cooperative, Inc. IA$113.5M · 0.12%
Indiana Packers Corporation IN$104.9M · 0.04%
Koch Foods, Inc. IL$101.5M · 0.25%
Rose Acre Farms, Inc. IN$100.4M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 130989425 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.