Plan Ledger DOL Form 5500 · updated monthly

Lux Enterprises, Inc.401(k)

LUX ENTERPRISES, INC. EMPLOYEES' RETIREMENT PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Lux Enterprises, Inc. reported $65,830 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $628 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 rose from 0.36% to 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 2,252nd-largest of 5,688 plans among Texas employers on file, and the 1,719th of 5,215 in retail trade. In 2024, employees put in $7.26 for every $1.00 the employer contributed; active participation has shrunk from 265 to 195 since 2022.

Plan summary
Net assets, end of year$16,948,079
Participants with balances319
Active participants195
Employer contributions$122,462
Employee contributions$889,650
Employer contribution per active participant$628
Average account balance$53,129
Benefits paid to participants$1,425,315
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.9M · 319 accts · $122K emplr
2023$15.8M · 307 accts · $130K emplr
2022$14.0M · 384 accts · $228K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,830
Audit (IQPA)$17,250
Trustee / custodial$750
Total administrative$65,830
The Lux Enterprises, Inc. 401(k) match · 2024
Employer contribution per active participant$628
Median for plans this size$2,416
2024$628 per active participant
2023$612 per active participant
2022$862 per active participant

Lux Enterprises, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20242
NEWPORT GROUP, INC. · Claims processing · Recordkeeping$47,830
BROWN, EDWARDS & COMPANY, L.L.P. · Accounting / audit$17,250

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$65,830 · 0.40%
2023$73,693 · 0.49%
2022$54,628 · 0.36%
Same employer
Similar plansRetail Trade · Texas
James Wood Motors, Inc TX$18.8M · 0.21%
Pack Automotive Group TX$18.5M · 0.57%
Star Furniture Company TX$17.0M · 0.47%
Jerry's Gm, LLC TX$16.9M · 0.05%
Lewis Food Town, Inc. TX$16.4M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752885092 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.