Plan Ledger DOL Form 5500 · updated monthly

Luster National Inc.401(k)

LUSTER NATIONAL INC. 401(K) PLAN · MILL VALLEY, CA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Luster National Inc. reported $2,745 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,399 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (6,999th of 9,483), and 9,802nd of 11,654 in professional & technical services. In 2024, employees put in $2.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,003,526
Participants with balances136
Active participants108
Employer contributions$367,060
Employee contributions$783,327
Employer contribution per active participant$3,399
Average account balance$36,791
Benefits paid to participants$177,096
Plan auditUnmodified (clean) audit opinion
AuditorSENSIBA
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,745
Total administrative$2,745
The Luster National Inc. 401(k) match · 2024
Employer contribution per active participant$3,399
Median for plans this size$1,313

Luster National Inc.'s 2024 employer contribution ran above the $1,313 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
ASCENSUS LLC · Recordkeeping$2,745

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

Administrative cost history1
2024$2,745 · 0.07%
Same employer
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Kitchen Mart Inc CA$5.1M · 1.01%
Akraya Inc CA$5.0M · 0.38%
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Luminate Data LLC CA$5.0M · 0.10%
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Source: U.S. Department of Labor, Form 5500 series, EIN 680210418 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.