Retirement plan

LUCID MANAGEMENT, INC. PROFIT SHARING AND EMPLOYEES SAVINGS PLAN

Name: LUCID MANAGEMENT, INC. - LUCID MANAGEMENT, INC. PROFIT SHARING AND EMPLOYEES SAVINGS PLAN (2022) Form 5500
Creator: LUCID MANAGEMENT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LUCID MANAGEMENT, INC. PROFIT SHARING AND EMPLOYEES SAVINGS PLAN, LUCID MANAGEMENT, INC.

LUCID MANAGEMENT, INC.EIN 45-4785863Plan #001PY 2022

18 KEMPSTER ROAD - SCARSDALE, NY 10583646-229-6581

Other plans on this EIN

1 filing

#002Retirement-$3.7M assets

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$622K

-36.6% from 2021

Total participants

0.0% from 2021

Average account balance

$207,355

-36.6% from 2021

Annual return

-43.46%

-45.77 pp from 2021

Benchmarks

See 8,947 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants<25

Cohort8,947 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.46M

Not enough data

1 years with asset history on file

Average account balance

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

$487K

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.

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$133K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$44K

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

+11.86%

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2G2J

Plan features

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.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$207,355

$152,597+35.9%

$117,533+76.4%

$134,532+54.1%

Participation rate

100.0%

77.1%+22.9pp

70.6%+29.4pp

81.2%+18.8pp

Annual return

-43.46%

53.04%-96.5pp

29.77%-73.2pp

418.27%-461.7pp

Employer contribution / active EE

$7,643

$5,576+37.1%

$4,179+82.9%

$4,741+61.2%

Participant deferral / active EE

$14,733

$4,821+205.6%

$4,072+261.8%

$6,401+130.2%

Admin fee / account holder

$7,007-100.0%

$5,647-100.0%

$11,429-100.0%

LUCID MANAGEMENT, INC. PROFIT SHARING AND EMPLOYEES SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

LUCID MANAGEMENT, INC. PROFIT SHARING AND EMPLOYEES SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion