Plan Snapshot
- Plan Sponsor: Lumetra Healthcare Solutions
- Sponsor EIN: 942918600
- Sponsor Address: 1979 MARCUS AVE., NEW HYDE PARK, NY, 11042
- Plan Type: 401(k)
- Total Participants: 6
- Total Assets: $10.0M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 6 | $10.0M | $1,369 | $10,505 |
| 2023 | 6 | $9.1M | $5,280 | $30,928 |
| 2022 | 7 | $8.4M | $11,677 | $52,642 |
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 |
|---|---|---|---|---|
| THE VANGUARD GROUP INC. | Other Service Provider | $21,109 | — | $21,109 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $21,109
- Estimated Expense Ratio: 0.211% of plan assets
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 | $546,941 | — | $21,109 | — | — |
| 2023 | $802,206 | — | $10,713 | — | — |
| 2022 | $478,756 | — | $11,427 | — | — |