Retirement plan

LUMILEDS LLC 401(K) PLAN

Name: LUMILEDS LLC - LUMILEDS LLC 401(K) PLAN (2019) Form 5500
Creator: LUMILEDS LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LUMILEDS LLC 401(K) PLAN, LUMILEDS LLC

LUMILEDS LLCEIN 33-0876012Plan #001PY 2019

370 WEST TRIMBLE ROAD - SAN JOSE, CA 95131408-964-2900lumileds.comLinkedIn5001-10000 employeessemiconductors

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$176.8M

+17.4% from 2018

Total participants

810

-4.4% from 2018

Average account balance

$222,099

+22.7% from 2018

Annual return

22.49%

+26.75 pp from 2018

Benchmarks

See 2,415 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,415 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$225.40M

Not enough data

1 years with asset history on file

Average account balance

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

$379K

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.

594

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.

98.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.96M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$24K

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

+16.76%

Not enough data

1 years with return on file

Admin fee / account holder

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

$124

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 3 by compensation

Provider	Service type	Compensation
THE VANGUARD GROUP, INC.5+ years Service code 15 · EIN 23-1945930	Recordkeeping	$74,486
SAGEVIEW ADVISORY GROUP, LLC1 year Filed as: SAGEVIEW ADVISORY GROUP LLC Service code 11 · EIN 33-0818667	Actuarial	$49,432
MOSS ADAMS LLP1 year Filed as: MOSS ADAMS Service code 14 · EIN 91-0189318	Plan Administrator	$33,025

Plan features & details

Pension benefit codes2E2F2G2J3D

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).
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.
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

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$155K

$277 / participant

Other / not subdivided$155K100.0%

% of EOY assets

0.088%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: MOSS ADAMS LLP
Auditor EIN: 910189318
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$222,099

$73,404+202.6%

$87,103+155.0%

$67,582+228.6%

Participation rate

97.5%

80.9%+16.6pp

76.9%+20.6pp

71.3%+26.2pp

Annual return

22.49%

48.29%-25.8pp

28.19%-5.7pp

378.57%-356.1pp

Employer contribution / active EE

$9,118

$2,014+352.8%

$2,521+261.6%

$2,148+324.5%

Participant deferral / active EE

$13,794

$3,913+252.6%

$4,049+240.7%

$3,539+289.7%

Admin fee / account holder

$195

$142+37.6%

$7,491-97.4%

$142+36.9%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.5+ years

Service code 15 · EIN 23-1945930

Recordkeeping

$74,486

SAGEVIEW ADVISORY GROUP, LLC1 year

Filed as: SAGEVIEW ADVISORY GROUP LLC

Service code 11 · EIN 33-0818667

Actuarial

$49,432

MOSS ADAMS LLP1 year

Filed as: MOSS ADAMS

Service code 14 · EIN 91-0189318

Plan Administrator

$33,025

LUMILEDS LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LUMILEDS LLC 401(K) 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