401(k) · DOL Form 5500 · 2023

Luminate Home Loans, Inc. 401(k) Plan

Data updated 2026-08-25

$19M
Total assets Small plan by assets
200
Participants Below avg headcount
71st
Percentile by assets National rank
$92,826
Avg per participant Below avg balance/head
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Official DOL plan name: Luminate Home Loans Retirement Plan · Sponsored by Luminate Home Loans, Inc. · Minnesota · Finance & Insurance

$19M in assets, 200 participants

Luminate Home Loans, Inc.'s Luminate Home Loans Retirement Plan reported $19M in total assets and 200 participants in its 2023 DOL Form 5500 filing, ranking in the 71st 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.

  • #5,094 in Finance & Insurance (8,869 peers)

Coverage in Minnesota

Luminate Home Loans Retirement Plan covers 200 participants in Minnesota, about 18% of the average Minnesota filer (state average ~1,126 per filing). Assets: $19M.

#5,094
in Finance & Insurance (8,869 peers)
+128.0%
assets growth YoY

Luminate Home Loans Retirement Plan's outsized position by total assets

Luminate Home Loans Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$18,565,190 Top 29% higher than 71% of 127,068 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 2023

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

Plan-year 2023 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 (200 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Luminate Home Loans Retirement Plan reported net income rose from -$1M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Luminate Home Loans Retirement Plan end-of-year assets rose from $8M in the plan year 2022 filing to $19M in the plan year 2023 filing.
  • Luminate Home Loans Retirement Plan reported participants fell from 214 in the plan year 2022 filing to 200 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 411941324 · Luminate Home Loans, Inc. PY 2023 · 401(k)

Luminate Home Loans Retirement Plan · $19M · 200 · 71st

  • PART $19M
  • PART 200
  • PART 71st
  • PART 401(k)
  • PART near Brown Sims, P.C. 401(k) Plan
  • PART ind #5094

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…$19MBrown Sims, P.C. 401(k) Plan$19MHagley Museum & Library 403(b) PlanHagley Museum & Library 403(…$19MFreeman Spogli & Co. Inc. Profit Sharing and Savings PlanFreeman Spogli & Co. Inc. Pr…$19MAlimak Group USA 401(k) Profit Sharing PlanAlimak Group USA 401(k) Prof…$19M
End-of-year total assets ($M) among Luminate Home Loans Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$19M
Net Income$10M
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 -50510152025 Total assets ($B) Participants Luminate Home Loans Retirement Plan, Total assets ($B): 0.01856519 · Participants: 200Luminate Home Loans Retirement PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Luminate Home Loans Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Luminate Home Loans Retirement Plan side-by-side with 3 peers →

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 Brown Sims, P.C. 401(k) Plan in TX ($19M); by covered participants it is Factorial Restaurant Holdings LLC 401(k) Profit Sharing Plan in IL (200 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (200 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. 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 2023? ▼
Luminate Home Loans Retirement Plan surged - up 128.0% during 2023, from $8M to $19M. Reported net income was $10M.
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 Brown Sims, P.C. 401(k) Plan in TX ($19M, 147 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 Factorial Restaurant Holdings LLC 401(k) Profit Sharing Plan in IL (200 participants, $443 in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 411941324.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.