Plan Ledger DOL Form 5500 · updated monthly

Lakeshore Community Health Care, Inc.403(b)

403(B) THRIFT PLAN FOR EMPLOYEES OF LAKESHORE COMMUNITY HEALTHCARE, INC. · SHEBOYGAN, WI · plan year 2024

Reported admin expense ratio · 2024
0.80%

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

Lakeshore Community Health Care, Inc. reported $56,106 in plan administrative expenses for 2024: 0.80% of average plan assets, above the peer median. Employer contributions averaged $2,444 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 3 years on file its reported administrative ratio has held roughly steady near 0.80%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Wisconsin (1,438th of 1,936), and 6,560th of 11,911 in health care & social assistance. In 2024, employees put in $1.87 for every $1.00 the employer contributed; active participation has grown from 139 to 159 since 2022.

Plan summary
Net assets, end of year$7,727,315
Participants with balances190
Active participants159
Employer contributions$388,577
Employee contributions$726,176
Employer contribution per active participant$2,444
Average account balance$40,670
Benefits paid to participants$427,511
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI
Plan history3
Yearassets · accounts · employer contribution
2024$7.7M · 190 accts · $389K emplr
2023$6.3M · 189 accts · $333K emplr
2022$5.0M · 162 accts · $322K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,585
Investment management$27,517
Audit (IQPA)$4
Total administrative$56,106
The Lakeshore Community Health Care, Inc. 401(k) match · 2024
Employer contribution per active participant$2,444
Median for plans this size$1,313
2024$2,444 per active participant
2023$2,313 per active participant
2022$2,320 per active participant

Lakeshore Community Health Care, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
JULY BUSINESS SERVICES LLC · Recordkeeping · Other services$21,493
DUBUQUE BANK & TRUST COMPANY · Trustee · Trustee (discretionary)$34,609

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

Recordkeeper by year2
2024July Business Services
2023DUBUQUE BANK & TRUST COMPANY

This plan has changed recordkeepers within these filings. If you left Lakeshore Community Health 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$56,106 · 0.80%
2023$45,079 · 0.80%
2022$37,852 · 0.82%
Same employer
Similar plansHealth Care & Social Assistance · Wisconsin
Hunger Task Force, Inc. WI$8.3M · 0.11%
Family Health/La Clinica WI$7.7M · 0.78%
Elderspan Management, LLC WI$7.7M · 0.79%
Avanti Health Systems WI$7.2M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 264321839 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.