Lake Area Discovery Center401(k)
LAKE AREA DISCOVERY CENTER 401(K) PLAN · WHITE BEAR LAKE, MN · plan year 2024
Lake Area Discovery Center reported $24,903 in plan administrative expenses for 2024: 2.35% of average plan assets, higher than ~90% of peers. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.
Across the 2 years on file its reported administrative ratio fell from 4.15% to 2.35%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Minnesota (1,849th of 1,918), and 2,949th of 3,091 in educational services. active participation has grown from 160 to 237 since 2022.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
This plan has changed recordkeepers within these filings. If you left Lake Area Discovery Center before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).
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Source: U.S. Department of Labor, Form 5500 series, EIN 411937239 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.