Plan Ledger DOL Form 5500 · updated monthly

Luna Innovations Incorporated401(k)

LUNA 401(K) PLAN · ROANOKE, VA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Luna Innovations Incorporated reported $42,611 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,007 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 3 years on file its reported administrative ratio has held roughly steady near 0.117%. 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 604th-largest of 2,266 plans among Virginia employers on file, and the 644th of 2,199 in information & media. In 2024, employees put in $4.34 for every $1.00 the employer contributed; active participation has grown from 225 to 254 since 2022.

Plan summary
Net assets, end of year$38,714,825
Participants with balances446
Active participants254
Employer contributions$509,806
Employee contributions$2,212,352
Employer contribution per active participant$2,007
Average account balance$86,805
Benefits paid to participants$5,594,133
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$38.7M · 446 accts · $510K emplr
2023$34.4M · 424 accts · $556K emplr
2022$28.6M · 425 accts · $578K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,674
Investment management$5,937
Total administrative$42,611
The Luna Innovations Incorporated 401(k) match · 2024
Employer contribution per active participant$2,007
Median for plans this size$2,416
2024$2,007 per active participant
2023$2,550 per active participant
2022$2,568 per active participant

Luna Innovations Incorporated's 2024 employer contribution ran below 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$36,674
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,937

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

Administrative cost history3
2024$42,611 · 0.12%
2023$36,776 · 0.12%
2022$40,672 · 0.12%
Same employer
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Capitol News Company VA$55.1M · 0.74%
Verite Group, Inc. VA$47.4M · 0.01%
Tax Analysts VA$42.4M · 0.16%
Trader Interactive, LLC VA$40.0M · 0.03%
Leaf Group LTD. VA$37.4M · 0.27%
Inmarsat Government, Inc. VA$34.9M · 0.12%
Dtsv, Inc. VA$32.7M · 0.42%
Neosystems Corp. VA$31.7M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541560050 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.