Plan Ledger DOL Form 5500 · updated monthly

Lakeland Care, Inc.401(k)

LAKELAND CARE, INC. RETIREMENT SAVINGS PLAN · FOND DU LAC, WI · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Lakeland Care, Inc. reported $9,374 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,132 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 0.15% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 648th-largest of 1,936 plans among Wisconsin employers on file, and the 2,820th of 11,911 in health care & social assistance. In 2024, employees put in $2.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$29,399,235
Participants with balances695
Active participants534
Employer contributions$1,138,453
Employee contributions$2,889,616
Employer contribution per active participant$2,132
Average account balance$42,301
Benefits paid to participants$2,668,328
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$29.4M · 695 accts · $1.1M emplr
2023$24.2M · 717 accts · $1.8M emplr
2022$18.0M · 661 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,374
Total administrative$9,374
The Lakeland Care, Inc. 401(k) match · 2024
Employer contribution per active participant$2,132
Median for plans this size$2,416
2024$2,132 per active participant
2023$3,182 per active participant
2022$2,066 per active participant

Lakeland Care, Inc.'s 2024 employer contribution ran below the $2,416 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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$69,920

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

Recordkeeper by year2
2024The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left Lakeland Care, Inc. 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).

Administrative cost history3
2024$9,374 · 0.03%
2023$27,845 · 0.13%
2022$27,910 · 0.15%
Same employer
Similar plansHealth Care & Social Assistance · Wisconsin
Rennes Group, Inc. WI$31.3M · 0.32%
Krohn Clinic, LTD. WI$30.9M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 813724993 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.