Retirement plan

LUCAS AUTOMOTIVE ENGINEERING, INC. 401K PROFIT SHARING PLAN

Name: LUCAS AUTOMOTIVE ENGINEERING, INC. - LUCAS AUTOMOTIVE ENGINEERING, INC. 401K PROFIT SHARING PLAN (2023) Form 5500
Creator: LUCAS AUTOMOTIVE ENGINEERING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LUCAS AUTOMOTIVE ENGINEERING, INC. 401K PROFIT SHARING PLAN, LUCAS AUTOMOTIVE ENGINEERING, INC.

LUCAS AUTOMOTIVE ENGINEERING, INC.EIN 95-2919931Plan #001PY 2023

2850 TEMPLE AVE. - LONG BEACH, CA 90806562-595-6721LinkedIn1-10 employeesautomotive

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$110K

+38.6% from 2022

Total participants

-50.0% from 2022

Average account balance

$36,664

+131.1% from 2022

Annual return

30.63%

+53.93 pp from 2022

Benchmarks

See 22,148 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort22,148 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$202K

Not enough data

1 years with asset history on file

Average account balance

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

$67K

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.

75.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$46K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+19.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$20

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

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

$4K

$1267 / participant

Other / not subdivided$4K100.0%

% of EOY assets

3.457%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

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

$36,664

$102,696-64.3%

$86,235-57.5%

$139,487-73.7%

Participation rate

100.0%

74.5%+25.5pp

69.0%+31.0pp

80.3%+19.7pp

Annual return

30.63%

1925.91%-1895.3pp

1170.03%-1139.4pp

373.84%-343.2pp

Employer contribution / active EE

$1,672

$3,034-44.9%

$2,381-29.8%

$4,755-64.8%

Participant deferral / active EE

$1,672

$4,679-64.3%

$3,987-58.1%

$6,713-75.1%

Admin fee / account holder

$1,267

$8,667-85.4%

$6,856-81.5%

$11,407-88.9%

LUCAS AUTOMOTIVE ENGINEERING, INC. 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LUCAS AUTOMOTIVE ENGINEERING, INC. 401K PROFIT SHARING 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