Plan Ledger DOL Form 5500 · updated monthly

Lake Shore Systems, Inc.401(k)

LAKE SHORE SYSTEMS, INC. 401K PLAN · RHINELANDER, WI · plan year 2023

Reported admin expense ratio · 2023
0.24%

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

Lake Shore Systems, Inc. reported $59,348 in plan administrative expenses for 2023: 0.24% of average plan assets, below the peer median. Employer contributions averaged $1,327 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 has held roughly steady near 0.24%. 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 the 686th-largest of 1,936 plans among Wisconsin employers on file, and the 4,849th of 13,661 in manufacturing. In 2023, employees put in $3.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,134,477
Participants with balances435
Active participants355
Employer contributions$471,250
Employee contributions$1,537,484
Employer contribution per active participant$1,327
Average account balance$62,378
Benefits paid to participants$2,159,949
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $289K emplr
2023$27.1M · 435 accts · $471K emplr
2022$23.2M · 423 accts · $588K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$59,348
Total administrative$59,348
The Lake Shore Systems, Inc. 401(k) match · 2023
Employer contribution per active participant$1,327
Median for plans this size$2,440
2023$1,327 per active participant
2022$1,652 per active participant

Lake Shore Systems, Inc.'s 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom quarter of its peers. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
ONEAMERICA RETIREMENT SERVICES, LLC · Recordkeeping · Loan processing$59,348
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect comp

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024Not separately reported
2023$59,348 · 0.24%
2022$61,497 · 0.23%
Similar plansManufacturing · Wisconsin
Venturedyne LTD WI$27.8M · 0.01%
Mid-States Aluminum Corp. WI$27.7M · 0.29%
Harken, Inc. WI$27.4M · 0.34%
Exacto Spring Corp. WI$27.1M · 0.60%
Onetouchpoint Holdings, LLC WI$27.1M · 0.46%
Exponential Power, Inc. WI$27.0M · 0.52%
Regal Ware, Inc. WI$26.7M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 813537960 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.