Lush Handmade Cosmetics LLC. 401(k) Review & Grade
Lush 401(k) Savings Plan
Phoenix, AZRetail Trade1,147 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$303Employer $ per active participant
$450Employee $ saved per active participant
0.98%Direct admin cost, % of plan assets
$8.1MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity11.6 / 5023th percentile for employer $ per participant
- Low cost1.7 / 257th percentile for low admin cost vs. same-size plans
- Employee saving0.6 / 154th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
Total score14 / 100 · Grade F
This plan vs. peers
Peers: Retail Trade plans with 500–2,499 active participants (719 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 23th |
| Lower admin cost | 7th |
| Employee saving | 4th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Lush Handmade Cosmetics put in about $303 per active participant, below the typical peer ($743). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.98% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $347,723 |
| Participant (employee) contributions | $516,632 |
| Other contributions (incl. rollovers in) | $20,391 |
| Administrative expenses paid from the plan | $75,030 |
| Contract administrator fees | $75,030 |
| Benefits paid out | $1,211,326 |
| Net assets, start / end of year | $7.3M / $8.1M |
| Active participants, start / end of year | 1,861 / 433 |
| Participants with account balances | 372 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Baker Tilly US, LLP |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company | $73,761 reported compensation |
| Hunnex and Shomaker, Inc. | $8,170 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013104608NAL0000498019003, received 2025-10-13, EIN 98-0379579, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.