Plan Snapshot
- Plan Sponsor: Lux Research, INC.
- Sponsor EIN: 920201219
- Sponsor Address: 100 FRANKLIN STREET SUITE 901, BOSTON, MA, 02110
- Plan Type: 401(k)
- Total Participants: 54
- Total Assets: $7.4M
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 | 54 | $7.4M | $157,423 | $633,169 |
| 2023 | 55 | $6.8M | $144,979 | $681,647 |
| 2022 | 58 | $5.2M | $85,468 | $622,033 |
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 |
|---|---|---|---|---|
| EMPOWER LIFE & ANNUITY INSURANCE CO | RECORDKEEPER | $19,355 | — | $19,355 |
| AAFCPAS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AAFCPAS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $19,355
- Estimated Expense Ratio: 0.262% 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 | $23,112 | $3,757 | — | — | — |
| 2023 | $19,449 | $2,706 | — | — | — |
| 2022 | $21,965 | — | $21,965 | — | — |