Plan Snapshot
- Plan Sponsor: Lumos & Associates, INC.
- Sponsor EIN: 880158689
- Sponsor Address: 950 SANDHILL ROAD, SUITE 100, RENO, NV, 89521
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 194
- Total Assets: $21.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 194 | $21.8M | $0 | $0 |
| 2024 | 134 | $17.4M | $335,997 | $1.5M |
| 2023 | 113 | $14.6M | $310,276 | $1.2M |
| 2022 | 109 | $11.2M | $261,502 | $1.0M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $31,025 | — | $31,025 |
| PENSION ASSURANCE | Auditor | $14,000 | — | $14,000 |
| USI ADVISORS, INC. | Investment Advisor | $6,631 | — | $6,631 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $51,656
- Estimated Expense Ratio: 0.237% 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 |
|---|---|---|---|---|---|
| 2025 | $809,798 | — | — | $14,000 | — |
| 2024 | $59,223 | — | — | $14,000 | — |
| 2023 | $37,151 | $18,750 | — | — | — |
| 2022 | $1,633,382 | — | — | — | — |