401k Record

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Lightmatter 401(k)

Recordkeeping fees per participant · Lightmatter Inc 401(k) Plan · plan year 2024

$7.53

Higher than 7% of the 14,075 plans $10 to 50M that report it.

Source

= $1,852 / 246
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251006220058NAL0010038194046, received 2025-10-06
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251006220058NAL0010038194046, received 2025-10-06

10th: $10.53median $83.9490th: $217.08

Percentiles compare this plan with the Schedule H plans $10 to 50M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-06.

Cost and contributions

Administrative expenses excluding investment management, per participant

$7.53

10th: $15.36median $118.8890th: $340.63

Higher than 4% of the 24,371 plans $10 to 50M that report it.

Source

= $1,852 / 246
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251006220058NAL0010038194046, received 2025-10-06
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251006220058NAL0010038194046, received 2025-10-06

Administrative expenses per participant

$40.39

10th: $26.86median $197.2590th: $456.10

Higher than 14% of the 25,098 plans $10 to 50M that report it.

Source

= $9,936 / 246
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251006220058NAL0010038194046, received 2025-10-06
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251006220058NAL0010038194046, received 2025-10-06

Administrative expenses as a share of assets

0.074%

10th: 0.035%median 0.289%90th: 0.599%

Higher than 17% of the 25,132 plans $10 to 50M that report it.

Source

= $9,936 / $13,348,385
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251006220058NAL0010038194046, received 2025-10-06
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251006220058NAL0010038194046, received 2025-10-06

Employer contributions per participant

$2,861

10th: $664median $2,07490th: $4,751

Higher than 70% of the 24,050 plans $10 to 50M that report it.

Source

= $703,717 / 246
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251006220058NAL0010038194046, received 2025-10-06
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251006220058NAL0010038194046, received 2025-10-06

Employer share of total contributions

13.3%

10th: 13.1%median 27.9%90th: 45.2%

Higher than 11% of the 24,084 plans $10 to 50M that report it.

Source

= $703,717 / $5,271,644
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251006220058NAL0010038194046, received 2025-10-06
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251006220058NAL0010038194046, received 2025-10-06

Plan terms, as stated in Lightmatter, Inc.'s SEC filings

Plan terms are not published in public filings.

Plan features

2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251006220058NAL0010038194046, received 2025-10-06

Full record, Lightmatter Inc 401(k) Plan

FieldValueSource
Plan sponsorLIGHTMATTER INCForm 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251006220058NAL0010038194046, received 2025-10-06
Plan nameLIGHTMATTER INC 401(K) PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20251006220058NAL0010038194046, received 2025-10-06
Sponsor EIN / plan number82-3335800 / 001Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251006220058NAL0010038194046, received 2025-10-06
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251006220058NAL0010038194046, received 2025-10-06
Sponsor locationMOUNTAIN VIEW, CAForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251006220058NAL0010038194046, received 2025-10-06
Industry (business code)541512, Professional, scientific, and technical servicesForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20251006220058NAL0010038194046, received 2025-10-06
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251006220058NAL0010038194046, received 2025-10-06
Filing received2025-10-06Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251006220058NAL0010038194046, received 2025-10-06
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251006220058NAL0010038194046, received 2025-10-06
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20251006220058NAL0010038194046, received 2025-10-06
Participants, beginning of year187Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251006220058NAL0010038194046, received 2025-10-06
Active participants206Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251006220058NAL0010038194046, received 2025-10-06
Participants, end of year259Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251006220058NAL0010038194046, received 2025-10-06
Participants with an account balance246Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251006220058NAL0010038194046, received 2025-10-06
Total assets, beginning of year$7,766,813Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251006220058NAL0010038194046, received 2025-10-06
Total assets, end of year$13,348,385Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251006220058NAL0010038194046, received 2025-10-06
Net assets, end of year$13,348,385Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251006220058NAL0010038194046, received 2025-10-06
Total income$6,537,966Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251006220058NAL0010038194046, received 2025-10-06
Net income$5,581,572Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251006220058NAL0010038194046, received 2025-10-06
Employer contributions$703,717Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251006220058NAL0010038194046, received 2025-10-06
Participant contributions$3,076,493Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251006220058NAL0010038194046, received 2025-10-06
Other contributions (incl. rollovers)$1,491,434Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251006220058NAL0010038194046, received 2025-10-06
Total contributions$5,271,644Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251006220058NAL0010038194046, received 2025-10-06
Benefit payments$943,749Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251006220058NAL0010038194046, received 2025-10-06
Total expenses (incl. benefit payments)$956,394Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251006220058NAL0010038194046, received 2025-10-06
Total administrative expenses$9,936Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251006220058NAL0010038194046, received 2025-10-06
Recordkeeping fees$1,852Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251006220058NAL0010038194046, received 2025-10-06
Investment advisory and management fees$8,084Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251006220058NAL0010038194046, received 2025-10-06
Administrative expenses excluding investment management$1,852derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251006220058NAL0010038194046, received 2025-10-06
Held in mutual funds$12,672,158Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251006220058NAL0010038194046, received 2025-10-06
Independent auditorFRANK, RIMERMAN + CO. LLPSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251006220058NAL0010038194046, received 2025-10-06

Position = column in the DOL layout for form year 2024. Filing 20251006220058NAL0010038194046, received 2025-10-06.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
GUIDELINE, INC.recordkeeperRECORDKEEPER 14 Plan administrator; 15 Recordkeeping and information management; 16 Consulting (general); 26 Investment advisory (participants); 27 Investment advisory (plan); 31 Named fiduciary; 37 Participant loan processing; 38 Participant communication; 50 Direct payment from the plan; 64 Recordkeeping fees; 65 Account maintenance fees; 72 Other investment fees and expenses $8,911no
BENEFIT TRUST COMPANYCUSTODIAN 18 Custodial (other than securities); 19 Custodial (securities) $0yes

Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251006220058NAL0010038194046, received 2025-10-06.

What changed since the 2023 plan year

Figure20232024Change
Total assets$7,766,813$13,348,38571.9%
Participants with a balance17824638.2%
Administrative expenses$6,279$9,93658.2%
Recordkeeping fees per participant$8.85$7.53-15.0%
Employer contributions$458,645$703,71753.4%

Prior filing 20241012220654NAL0042637312003, received 2024-10-12; the plan years are contiguous.

Alerts, claims and corrections

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Sponsor name as filed: LIGHTMATTER INC; SEC registrant: Lightmatter, Inc. (CIK 1768622, matched by EIN).