Plan Snapshot
- Plan Sponsor: Lumio Hx, INC.
- Sponsor EIN: 873547401
- Sponsor Address: 1550 W DIGITAL DR, LEHI, UT, 84043
- Plan Type: 401(k)
- Total Participants: 8
- Total Assets: $10.4M
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 | 8 | $10.4M | $745,710 | $1.7M |
| 2023 | 632 | $10.1M | $1.5M | $3.2M |
| 2022 | 1,416 | $5.4M | $1.5M | $2.6M |
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 |
|---|---|---|---|---|
| EIDE BAILLY LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EIDE BAILLY LLP — Auditor
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 | $115,841 | $42,416 | $73,425 | — | — |
| 2023 | $165,664 | $40,954 | $124,710 | — | — |
| 2022 | $11,557 | $8,485 | $3,072 | — | — |