Retirement plan

LUTRON RETIREMENT PLAN

Name: LUTRON ELECTRONICS CO., INC. - LUTRON RETIREMENT PLAN (2019) Form 5500
Creator: LUTRON ELECTRONICS CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LUTRON RETIREMENT PLAN, LUTRON ELECTRONICS CO., INC.

LUTRON ELECTRONICS CO., INC.EIN 23-1599902Plan #001PY 2019

7200 SUTER ROAD - COOPERSBURG, PA 180361299610-282-3800lutron.comLinkedIn1001-5000 employeeselectrical/electronic manufacturing

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed March 17, 2009 (most recent of 2 filings on file)

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$475.2M

-10.2% from 2016

Total participants

2,636

-4.9% from 2016

Average account balance

$182,367

-5.7% from 2016

Annual return

23.14%

-4.93 pp from 2016

Benchmarks

See 822 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort822 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$764.60M

Not enough data

1 years with asset history on file

Average account balance

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

$231K

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.

3,310

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.

98.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$45.69M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$20K

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

+13.74%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 6 by compensation

Provider	Service type	Compensation
FIDUCIARY INVESTMENT ADVISORS3 years Service code 27 ONE HUNDRED NORTHFIELD DR · WINDSOR, CT 06095	Advisory (Plan)	$86,431
RELIANCE TRUST COMPANY2 years Service code 16 PO BOX 720360 · ATLANTA, GA 30358	Consulting	$46,865
THE BANK OF NEW YORK MELLON2 years Filed as: BNY MELLON Service code 16 PO BOX 392006 · PITTSBURGH, PA 15251	Consulting	$44,000
DUANE MORRIS LLP2 years Service code 16 30 SOUTH 17TH STREET · PHILADELPHIA, PA 19103	Consulting	$30,101
RSM US LLP2 years Service code 10 5155 PAYSPHERE CIRCLE · CHICAGO, IL 60674	Accounting	$28,961
T ROWE PRICE RPS INC5+ years Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202	Recordkeeping	$20,960

Plan features & details

Pension benefit codes2E2F2H2J2K2S2T3D3F3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$257K

$130 / participant

Investment mgmt$86K33.6%
Other / not subdivided$171K66.4%

% of EOY assets

0.054%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: RSM US LLP
Auditor EIN: 420714325
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$182,367

$105,173+73.4%

$87,102+109.4%

$77,775+134.5%

Participation rate

98.5%

85.8%+12.7pp

76.9%+21.6pp

73.2%+25.3pp

Annual return

23.14%

24.52%-1.4pp

28.19%-5.1pp

32.58%-9.4pp

Employer contribution / active EE

$10,630

$2,890+267.8%

$2,521+321.6%

$2,504+324.5%

Participant deferral / active EE

$7,965

$5,048+57.8%

$4,048+96.7%

$3,966+100.8%

Admin fee / account holder

$99

$105-5.6%

$7,493-98.7%

$100-1.3%

Provider

Service type

Compensation

FIDUCIARY INVESTMENT ADVISORS3 years

Service code 27

ONE HUNDRED NORTHFIELD DR · WINDSOR, CT 06095

Advisory (Plan)

$86,431

RELIANCE TRUST COMPANY2 years

Service code 16

PO BOX 720360 · ATLANTA, GA 30358

Consulting

$46,865

THE BANK OF NEW YORK MELLON2 years

Filed as: BNY MELLON

Service code 16

PO BOX 392006 · PITTSBURGH, PA 15251

Consulting

$44,000

DUANE MORRIS LLP2 years

Service code 16

30 SOUTH 17TH STREET · PHILADELPHIA, PA 19103

Consulting

$30,101

RSM US LLP2 years

Service code 10

5155 PAYSPHERE CIRCLE · CHICAGO, IL 60674

Accounting

$28,961

T ROWE PRICE RPS INC5+ years

Service code 15

100 EAST PRATT STREET · BALTIMORE, MD 21202

Recordkeeping

$20,960

LUTRON RETIREMENT PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LUTRON RETIREMENT PLAN

Top hat statement on fileNQDC

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