How big is Lotus Group USA, Inc.'s plan?

Lotus Group USA, Inc.'s plan reported $12.4M in assets and 262 participants for 2024.

Original filing (PDF)20251008132103NAL0013855586001

Lotus Group USA, Inc.

Name: Lotus Group USA, Inc. — Lotus Group 401(k) Plan, Form 5500 (2024)
Creator: Lotus Group USA, Inc.
License: https://www.usa.gov/government-works

Form 5500

FILING_RECEIVED

Lotus Group 401(k) Plan

401(k) retirement plan · Lotus Group USA, Inc.'s Lotus Group 401(k) Plan held $12.4M in plan assets for 262 participants in 2024, with Empower as recordkeeper.

Signals · 1

Late participant contributions

Active participants

262

Accounts w/ balance

179

Plan assets (EOY)

$12.4M

Net assets (EOY)

$12.4M

People on this filing

Joseph BURT signed Lotus Group USA, Inc.'s 2024 Form 5500 as plan administrator.

Joseph BURT — Plan Administrator — Form 5500 signer

Get verified email & phone for these signers

Signer names are public record from the Form 5500 e-signature.

Plan identifiers

Lotus Group USA, Inc.'s EIN is 75-3169679.

EIN 75-3169679

Plan number 001

Plan year 2024

ACK ID 20251008132103NAL0013855586001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for Lotus Group USA, Inc. from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

Lotus Group USA, Inc.'s plan includes profit-sharing, a 401(k) feature, ERISA 404(c) participant direction, a default investment (QDIA).

Decision-maker contacts

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How this plan invests

This plan

2 pooled trusts

Schedule D

36 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score

Above-average plan

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool.

Compliance & integrity

Total plan cost

Plan health

Vendor & structure

100

Knocking points off

Delinquent participant contributions reported (Schedule H 4a) — 98K (3% of contributions).
Low account-holder ratio — balance-holders per active participant in the bottom quartile of peers (11th percentile).

Plan sponsor

Name

LOTUS GROUP USA, INC.

EIN

all filings

Address

10 CABOT ROAD · SUITE 212 · MEDFORD, MA · 02155

Phone

(360) 737-9692

Industry

Finance & Insurance

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

001

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-10-08

Pension benefit codes

2E · Profit-sharing

2G · Total participant-directed accounts

2J · 401(k) feature

2K · 401(m) arrangement

2F · ERISA section 404(c)

2T · Default investment account (QDIA)

3D · Pre-approved plan (master / prototype / VS)

Audit & trust (Schedule H)

Service providers (Schedule C)

5 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
EMPOWER ANNUITY INSURANCE COMPANY O	—	GREENWOOD VILLAGE, CO	RECORDKEEPER	$1K	—

Advisor / Consultant

Name	EIN	Location	Relation	Direct comp	Indirect comp
EDWARD JONES & CO	43-0345811	—	INVESTMENT ADVISOR	$30K	—

Investments

36 direct securities · 2 pooled funds· $23.8M(100% of reported assets)

Rows tagged as a trust or pooled fund hold many underlying securities. Their holdings are itemized on each fund’s own Form 5500.

Pooled Separate Account

$11.7M

2 holdings

Pooled Separate Accounts

$11.4M

35 holdings

Common Stocks

$661K

1 holding

					% of plan
HARTFORD ADVANTAGE TK2 TALCOTT RESOLUTION LIFE INSURANCE COMPANY · EIN 06-0974148 / PN 000	Pooled Separate Account	—	—	$11.4M	92.2%
American Funds TD 2050 R2E Pooled separate account a	Pooled Separate Accounts	—	—	$1.3M	10.8%
American Funds Growth Fund Amer R1 Pooled separate account a	Pooled Separate Accounts	—	—	$1.2M	9.3%
American Funds TD 2040 R2E Pooled separate account a	Pooled Separate Accounts	—	—	$994K	8.0%
MFS Blended Research Cr Eq R2 Pooled separate account a	Pooled Separate Accounts	—	—	$811K	6.5%
Talcott Resolution Life Insurance Company Group annuity contract a	Common Stocks	—	—	$661K	5.3%
American Funds TD 2055 R2E Pooled separate account a	Pooled Separate Accounts	—	—	$613K	4.9%
American Funds TD 2030 R2E Pooled separate account a	Pooled Separate Accounts	—	—	$565K	4.6%
American Funds TD 2045 R2E Pooled separate account a	Pooled Separate Accounts	—	—	$507K	4.1%
American Funds Europacific Growth R1 Pooled separate account a	Pooled Separate Accounts	—	—	$501K	4.0%
Empower S&P Mid Cap 400 Ind Pooled separate account a	Pooled Separate Accounts	—	—	$461K	3.7%
JPMorgan Core Bond R2 Pooled separate account a	Pooled Separate Accounts	—	—	$427K	3.4%
Empower S&P Small Cap 600 Ind Pooled separate account a	Pooled Separate Accounts	—	—	$425K	3.4%
Empower International Index Inv Pooled separate account a	Pooled Separate Accounts	—	—	$365K	2.9%
American Funds TD 2060 R2E Pooled separate account a	Pooled Separate Accounts	—	—	$340K	2.7%
SEPARATE ACCOUNT K2 TALCOTT RESOLUTION LIFE INSURANCE COMPANY · EIN 06-0974148 / PN 000	Pooled Separate Account	—	—	$305K	2.5%
American Funds Fundamentals Invs R1 Pooled separate account a	Pooled Separate Accounts	—	—	$294K	2.4%
MassMutual Global R3 Pooled separate account a	Pooled Separate Accounts	—	—	$287K	2.3%
American Funds Capital World Gr&Inc R2E Pooled separate account a	Pooled Separate Accounts	—	—	$275K	2.2%
JPMorgan Mid Cap Growth R2 Pooled separate account a	Pooled Separate Accounts	—	—	$249K	2.0%
American Century Small Cap Growth R Pooled separate account a	Pooled Separate Accounts	—	—	$227K	1.8%
MFS Mid Cap Value R2 Pooled separate account a	Pooled Separate Accounts	—	—	$202K	1.6%
American Funds TD 2035 R2E Pooled separate account a	Pooled Separate Accounts	—	—	$201K	1.6%
PIMCO Income R Pooled separate account a	Pooled Separate Accounts	—	—	$150K	1.2%
American Funds TD 2020 R2E Pooled separate account a	Pooled Separate Accounts	—	—	$147K	1.2%
MFS Global Real Estate R2 Pooled separate account a	Pooled Separate Accounts	—	—	$143K	1.2%
American Funds TD 2025 R2E Pooled separate account a	Pooled Separate Accounts	—	—	$132K	1.1%
Federated Hermes Clover Small Value R Pooled separate account a	Pooled Separate Accounts	—	—	$132K	1.1%
American Funds American Balanced R2E Pooled separate account a	Pooled Separate Accounts	—	—	$104K	0.8%
MFS Govt Securities R2 Pooled separate account a	Pooled Separate Accounts	—	—	$75K	0.6%
American Century Inflation Adjs Bond R Pooled separate account a	Pooled Separate Accounts	—	—	$66K	0.5%
MassMutual High Yield R3 Pooled separate account a	Pooled Separate Accounts	—	—	$65K	0.5%
JPMorgan Large Cap Growth R2 Pooled separate account a	Pooled Separate Accounts	—	—	$53K	0.4%
Invesco Comstock R Pooled separate account a	Pooled Separate Accounts	—	—	$38K	0.3%
MFS Total Return R2 Pooled separate account a	Pooled Separate Accounts	—	—	$30K	0.2%
Fidelity Advisor Diversified Stock M Pooled separate account a	Pooled Separate Accounts	—	—	$18K	0.1%
JPMorgan US Government MMkt Instl Pooled separate account a	Pooled Separate Accounts	—	—	$17K	0.1%
Columbia Overseas Value R Pooled separate account a	Pooled Separate Accounts	—	—	$4K	<0.1%