Lutron S.M. Inc.401(k)
LUTRON S.M. RETIREMENT SAVINGS PLAN · HUMACAO, PR · plan year 2024
Lutron S.M. Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $10,534,631 across 197 participant accounts, with employer contributions averaging $1,380 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is the 115th-largest of 323 plans among PR employers on file, and 8,550th of 13,661 in manufacturing. In 2024, employees put in $2.14 for every $1.00 the employer contributed.
Lutron S.M. Inc.'s 2024 employer contribution ran above the $1,313 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.
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Source: U.S. Department of Labor, Form 5500 series, EIN 660644370 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.