Plan Ledger DOL Form 5500 · updated monthly

Lake County Press, Inc.401(k)

LAKE COUNTY PRESS, INC. DEFERRED COMPENSATION PLAN · WAUKEGAN, IL · plan year 2023

Reported admin expense ratio · 2023
0.12%

Lake County Press, Inc. reported $18,978 in plan administrative expenses for 2023: 0.12% of average plan assets, below the peer median. 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 1 year on file its reported administrative ratio rose from 0.11% to 0.12%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Illinois (1,906th of 3,702), and the 6,714th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$16,362,381
Participants with balances97
Active participants164
Employer contributions—
Employee contributions$571,541
Employer contribution per active participant—
Average account balance$168,684
Benefits paid to participants$2,018,748
Plan auditUnmodified (clean) audit opinion
AuditorMILLER COOPER & CO. LTD.
Plan history2
Yearassets · accounts · employer contribution
2023$16.4M · 97 accts
2022$16.0M · 102 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$16,652
Total administrative$18,978
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
NEWPORT GROUP, INC. · Loan processing · Contract administrator$17,466
NEWPORT TRUST COMPANY · Trustee · Trustee (directed)$2,326

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$18,978 · 0.12%
2022$19,477 · 0.11%
Same employer
Similar plansManufacturing · Illinois
Budnick Converting, Inc. IL$16.6M · 0.50%
Rana USA, Inc. IL$16.6M · 0.29%
Ceratizit USA, Inc. IL$16.4M · 0.35%
Rukel Management, LLC IL$16.2M · 0.09%
Nexus Pharmaceuticals, LLC IL$16.0M · 0.43%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 362699383 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.