401(k) · DOL Form 5500 · 2022

Luminate Home Loans, Inc. 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
214
Participants Below avg headcount
61st
Percentile by assets National rank
$38,053
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Luminate Home Loans Retirement Plan · Sponsored by Luminate Home Loans, Inc. · Minnesota · Finance & Insurance

$8M in assets, 214 participants

Luminate Home Loans, Inc.'s Luminate Home Loans Retirement Plan reported $8M in total assets and 214 participants in its 2022 DOL Form 5500 filing, ranking in the 61st percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #4,071 in Finance & Insurance (9,261 peers)

Coverage in Minnesota

Luminate Home Loans Retirement Plan covers 214 participants in Minnesota, about 19% of the average Minnesota filer (state average ~1,126 per filing). Assets: $8M.

#4,071
in Finance & Insurance (9,261 peers)
-11.0%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Luminate Home Loans Retirement Plan's mid-pack asset rank among Finance & Insurance and all filers

Luminate Home Loans Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$8,143,363 Top 39% higher than 61% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Luminate Home Loans Retirement Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Luminate Home Loans Retirement Plan sits mid-pack in the medium band (214 participants).

EBSA filing schedule strip

Filing strip 411941324 · Luminate Home Loans, Inc. PY 2022 · 401(k)

Luminate Home Loans Retirement Plan · $8M · 214 · 61st

  • PCT $8M
  • PCT 214
  • PCT 61st
  • PCT 401(k)
  • PCT near Zyxel Communications, Inc. 401(k) Plan
  • PCT ind #4071

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Minnesota →

Luminate Home Loans Retirement Plan in the asset neighbourhood

Luminate Home Loans Retirement PlanLuminate Home Loans Retireme…$8MZyxel Communications, Inc. 401(k) PlanZyxel Communications, Inc. 4…$8MFastsigns International, Inc. 401(k) PlanFastsigns International, Inc…$8MTwin Star International, Inc. 401(k) Profit Sharing Plan & TruTwin Star International, Inc…$8MLeoni Engineering Products & Services Inc 401(k) PlanLeoni Engineering Products &…$8M
End-of-year total assets ($M) among Luminate Home Loans Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$8M
Net Income-$1M
Employer EIN411941324
Plan Effective Date2021-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Luminate Home Loans, Inc.)

Sponsor-wide plan assets over time

All Luminate Home Loans, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$25M 209.92705347901105% vs 2022
2024 filing year
$0M$10M$20M$30M 202220232024 $8.14M $25.2M ▲ +210.1%
Year Plans Participants Total Assets
2022 1 214 $8M
2023 1 200 $19M
2024 1 636 $25M

Nearby 401(k) Plans in Minnesota

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Luminate Home Loans Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Luminate Home Loans Retirement Plan, Total assets ($B): 0.008143363 · Participants: 214Luminate Home Loans Retirement PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 18.576379778 · Participants: 176886Unitedhealth Group 401(k) Savings PlanMedtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan), Total assets ($B): 12.198295 · Participants: 38825Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan)Target Corporation 401(k) Plan, Total assets ($B): 11.216824857 · Participants: 400422Target Corporation 401(k) Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 11.138527656 · Participants: 371593M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 8.266408521 · Participants: 67646U.S. Bank 401(k) Savings Plan
Luminate Home Loans Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Luminate Home Loans Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Zyxel Communications, Inc. 401(k) Plan in CA ($8M); by covered participants it is Phoenix Processor Retirement Savings Plan in WA (214 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (214 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Luminate Home Loans Retirement Plan assets move in 2022?
Luminate Home Loans Retirement Plan pulled back noticeably - down 11.0% during 2022, from $9M to $8M. Reported net income was -$1M.
How have Luminate Home Loans, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Luminate Home Loans, Inc.'s sponsor-wide assets grew 209.9%, from $8M to $25M.
Which 401(k) plans are similar in size to Luminate Home Loans Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Zyxel Communications, Inc. 401(k) Plan in CA ($8M, 64 participants).
Which 401(k) plans cover a similar participant headcount to Luminate Home Loans Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Phoenix Processor Retirement Savings Plan in WA (214 participants, $9M in assets).