Retirement plan

LUCRA TECHNOLOGY GROUP, INC. 401(K) PROFIT SHARING PLAN

Name: LUCRA TECHNOLOGY GROUP, INC. - LUCRA TECHNOLOGY GROUP, INC. 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: LUCRA TECHNOLOGY GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LUCRA TECHNOLOGY GROUP, INC. 401(K) PROFIT SHARING PLAN, LUCRA TECHNOLOGY GROUP, INC.

LUCRA TECHNOLOGY GROUP, INC.EIN 83-3497529Plan #001PY 2022

947 E. JOHNSTOWN RD., STE. 292 - GAHANNA, OH 43230614-286-6890lucragrp.comLinkedIn11-50 employeesinformation technology and services

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$361K

+31.5% from 2021

Total participants

0.0% from 2021

Average account balance

$60,225

+31.5% from 2021

Annual return

-26.88%

-49.50 pp from 2021

Benchmarks

See 133,909 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort133,909 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

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

Not enough data

0 years with headcount on file

Eligible Participants and Participation

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

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$109K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+12.03%

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 codes2E2G2J2T3D

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.
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

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

$60,225

$138,078-56.4%

$125,363-52.0%

$134,509-55.2%

Participation rate

100.0%

84.5%+15.5pp

82.4%+17.6pp

81.2%+18.8pp

Annual return

-26.88%

750.49%-777.4pp

572.15%-599.0pp

418.13%-445.0pp

Employer contribution / active EE

$8,446

$5,245+61.0%

$4,815+75.4%

$4,741+78.2%

Participant deferral / active EE

$31,643

$7,800+305.7%

$7,447+324.9%

$6,400+394.4%

Admin fee / account holder

$11,566-100.0%

$10,005-100.0%

$11,427-100.0%

LUCRA TECHNOLOGY GROUP, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

LUCRA TECHNOLOGY GROUP, INC. 401(K) PROFIT SHARING 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