Plan Ledger DOL Form 5500 · updated monthly

Lake Shore III Corporation401(k)

LAKE SHORE 401(K) PROFIT SHARING PLAN · GLENWOOD CITY, WI · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Lake Shore III Corporation reported $6,341 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,521 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.

Across the 2 years on file its reported administrative ratio fell from 0.21% to 0.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Wisconsin (1,495th of 1,936), and 4,306th of 4,798 in finance & insurance. In 2024, employees put in $3.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,733,692
Participants with balances134
Active participants87
Employer contributions$132,353
Employee contributions$505,733
Employer contribution per active participant$1,521
Average account balance$50,251
Benefits paid to participants$664,336
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$6.7M · 134 accts · $132K emplr
2023$6.0M · 132 accts · $131K emplr
2022$4.7M · 132 accts · $112K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,341
Total administrative$6,341
The Lake Shore III Corporation 401(k) match · 2024
Employer contribution per active participant$1,521
Median for plans this size$1,313
2024$1,521 per active participant
2023$1,560 per active participant
2022$1,319 per active participant

Lake Shore III Corporation's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
FIDUCIARY SERVICES GROUP, LLC · Contract administrator · Recordkeeping$6,341

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

Recordkeeper by year2
2024FIDUCIARY SERVICES GROUP, LLC
2023FIDUCIARY SERVICES GROUP, LLC

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$6,341 · 0.10%
2023$9,222 · 0.17%
2022$10,212 · 0.21%
Similar plansFinance & Insurance · Wisconsin
Unity Bank WI$8.3M · 0.41%
Kohler Credit Union WI$8.1M · 0.46%
Guardian Credit Union WI$6.8M · 0.31%
Citizens State Bank WI$4.5M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364712785 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.