Plan Ledger DOL Form 5500 · updated monthly

Lux Research, Inc.401(k)

LUX RESEARCH, INC. 401(K) PROFIT SHARING PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Lux Research, Inc. reported $23,112 in plan administrative expenses for 2024: 0.33% of average plan assets, below the peer median. Employer contributions averaged $2,915 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 0.37% to 0.33%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Massachusetts (2,104th of 2,726), and 1,692nd of 2,199 in information & media. In 2024, employees put in $4.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,380,267
Participants with balances121
Active participants54
Employer contributions$157,423
Employee contributions$633,169
Employer contribution per active participant$2,915
Average account balance$60,994
Benefits paid to participants$1,186,361
Plan auditUnmodified (clean) audit opinion
AuditorAAFCPAS
Plan history3
Yearassets · accounts · employer contribution
2024$7.4M · 121 accts · $157K emplr
2023$6.8M · 125 accts · $145K emplr
2022$5.2M · 125 accts · $85K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,355
Investment management$3,757
Total administrative$23,112
The Lux Research, Inc. 401(k) match · 2024
Employer contribution per active participant$2,915
Median for plans this size$1,313
2024$2,915 per active participant
2023$2,636 per active participant
2022$1,474 per active participant

Lux Research, 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 · 20242
EMPOWER ADVISORY GROUP, LLC · Investment management$3,757

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$23,112 · 0.33%
2023$19,449 · 0.32%
2022$21,965 · 0.37%
Similar plansInformation & Media · Massachusetts
Tamr, Inc. MA$8.2M · 0.16%
Signiant, Inc. MA$8.2M · 0.19%
Quantiphi, Inc. MA$7.5M · 0.13%
New Life Solution, Inc. MA$7.5M · 0.20%
Logrocket, Inc. MA$7.3M · 0.10%
Open Exchange, Inc. MA$7.1M · 0.03%
Skyword, Inc. MA$6.8M · 0.74%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 920201219 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.