Retirement plan

HORTON LEES BROGDEN LIGHTING DESIGN INC. 401K SAVINGS PLAN

Name: HORTON LEES BROGDEN LIGHTING DESIGN INC. - HORTON LEES BROGDEN LIGHTING DESIGN INC. 401K SAVINGS PLAN (2024) Form 5500
Creator: HORTON LEES BROGDEN LIGHTING DESIGN INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HORTON LEES BROGDEN LIGHTING DESIGN INC. 401K SAVINGS PLAN, HORTON LEES BROGDEN LIGHTING DESIGN INC.

HORTON LEES BROGDEN LIGHTING DESIGN INC.EIN 13-2671278Plan #001PY 2024

38 EAST 32ND STREET, 11TH FLOOR - NEW YORK, NY 10016212-674-5580LinkedIn11-50 employees

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$13.5M

+20.1% from 2023

Total participants

154

+12.4% from 2023

Average account balance

$87,997

+7.6% from 2023

Annual return

14.72%

-8.78 pp from 2023

Benchmarks

See 6,280 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort6,280 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$13.46M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$88K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

153

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

99.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.51M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+14.72%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$319

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 5 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY2 years Service code 13 · EIN 42-0127290	Contract Administrator	$25,459
JPMORGAN INVEST HOLDINGS LLC1 year Filed as: JPMORGAN SECURITIES LLC Service code 27 · EIN 13-4110995	Advisory (Plan)	$21,976
CONCIERGE RETIREMENT SERVICES2 years Service code 13 · EIN 13-2945975	Contract Administrator	$7,187
MORNINGSTAR2 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381	Advisory (Participants)	$0
WILSHIRE ASSOCIATES INCORPORATED2 years Filed as: WILSHIRE ADVISORS LLC Service code 27 · EIN 95-2755361	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2A2E2G2J2T3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2E
Profit-sharing
Profit-sharing plan.
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$49K

$410 / participant

Investment mgmt$22K45.1%
Contract admin$27K54.9%

% of EOY assets

0.362%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PKF O'CONNOR DAVIES, LLP
Auditor EIN: 271728945
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$87,997

$101,653-13.4%

$147,080-40.2%

$74,459+18.2%

Participation rate

99.2%

75.6%+23.6pp

82.2%+17.0pp

67.2%+31.9pp

Annual return

14.72%

8754.98%-8740.3pp

420.17%-405.4pp

1369.70%-1355.0pp

Employer contribution / active EE

$3,538

$3,813-7.2%

$4,933-28.3%

$2,626+34.7%

Participant deferral / active EE

$9,155

$7,304+25.3%

$8,066+13.5%

$4,350+110.5%

Admin fee / account holder

$319

$1,752-81.8%

$12,989-97.5%

$1,945-83.6%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY2 years

Service code 13 · EIN 42-0127290

Contract Administrator

$25,459

JPMORGAN INVEST HOLDINGS LLC1 year

Filed as: JPMORGAN SECURITIES LLC

Service code 27 · EIN 13-4110995

Advisory (Plan)

$21,976

CONCIERGE RETIREMENT SERVICES2 years

Service code 13 · EIN 13-2945975

Contract Administrator

$7,187

MORNINGSTAR2 years

Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L

Service code 26 · EIN 36-4317381

Advisory (Participants)

WILSHIRE ASSOCIATES INCORPORATED2 years

Filed as: WILSHIRE ADVISORS LLC

Service code 27 · EIN 95-2755361

Advisory (Plan)

HORTON LEES BROGDEN LIGHTING DESIGN INC. 401K SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HORTON LEES BROGDEN LIGHTING DESIGN INC. 401K SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion