Plan Snapshot
- Plan Sponsor: Lumenis Be, INC.
- Sponsor EIN: 863941027
- Sponsor Address: 2077 GATEWAY PLACE SUITE 300, SAN JOSE, CA, 95110
- Plan Type: 401(k)
- Total Participants: 386
- Total Assets: $32.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 386 | $32.6M | $481,509 | $2.7M |
| 2023 | 352 | $28.0M | $500,223 | $2.8M |
| 2022 | 364 | $23.4M | $398,940 | $2.3M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| SMITH & HOWARD, PC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $179,778 | $53,303 | — | — | — |
| 2023 | $105,906 | $44,001 | $61,688 | — | — |
| 2022 | $89,475 | $37,963 | $51,212 | — | — |