Light Sources 401(k) match, vesting and fees
What Light Sources' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Procyon Advisors, LLC | Schedule C ↗ |
| Independent auditor | Walsh & Dickinson (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 8,908 defined-contribution plans in manufacturing with 100 to 499 participants.
| Light Sources: employer contribution per participant | $3,015 | |
| Peer median | $1,847 |
| Light Sources: average balance | $154,766 | |
| Peer median | $65,512 |
| Light Sources: admin expenses ÷ assets | 0.54% | |
| Peer median | 0.32% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $30.6M at the end of plan year 2021 to $28M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 203 | $28M | $546K | $3,015 | 0.54% | Not published | Form 5500 ↗ |
| 2023 | 220 | $25.9M | $560K | $2,828 | 0.58% | Not published | Form 5500 ↗ |
| 2022 | 237 | $24.5M | $569K | $2,724 | 0.52% | Not published | Form 5500 ↗ |
| 2021 | 274 | $30.6M | $639K | $2,768 | 0.36% | Not published | Form 5500 ↗ |
Common questions
Does Light Sources match 401(k) contributions?
The match terms for the Light Sources, Inc.401(K) Plan have not been published from its filing yet. The plan year 2024 filing reports $546K in employer contributions, about $3,015 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Light Sources 401(k) match vested?
The vesting schedule for the Light Sources, Inc.401(K) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Light Sources 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Procyon Advisors, LLC. The plan administrator is Light Sources, Inc..
I left Light Sources. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Light Sources, Inc., (203) 799-7877) or the recordkeeper, Procyon Advisors, LLC. The Light Sources old 401(k) page lists the contacts from every plan filing. Find an old Light Sources 401(k)
Data from the public Form 5500 annual reports Light Sources filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Light Sources. Not financial advice. Report a correction · Methodology