Plan Ledger DOL Form 5500 · updated monthly

Lake Mary Education LLC401(k)

LAKE MARY EDUCATION LLC 401K PLAN · LAKE MARY, FL · plan year 2022

Reported admin expense ratio · 2022
0.47%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Lake Mary Education LLC reported $10,495 in plan administrative expenses for 2022: 0.47% of average plan assets, below the peer median. Employer contributions averaged $639 per active participant. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Florida (3,094th of 3,644), and 2,844th of 3,091 in educational services. In 2022, employees put in $2.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,082,847
Participants with balances60
Active participants90
Employer contributions$57,550
Employee contributions$158,746
Employer contribution per active participant$639
Average account balance$34,714
Benefits paid to participants$102,117
Plan auditDisclaimer of opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$10,495
Total administrative$10,495
The Lake Mary Education LLC 401(k) match · 2022
Employer contribution per active participant$639
Median for plans this size$1,114

Lake Mary Education LLC's 2022 employer contribution ran below the $1,114 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$10,495 · 0.47%
Similar plansEducational Services · Florida
Kipp of Jacksonville FL$1.7M · 0.92%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 814469943 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.