Plan Ledger DOL Form 5500 · updated monthly

Lakeshore Community Services, Inc.403(b)

LAKESHORE COMMUNITY SERVICES, INC. TSA RETIREMENT SAVINGS PLAN · ERIE, PA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Lakeshore Community Services, Inc. reported $2,140 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,159 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 0.022% to 0.018%. 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 among the smaller plans on file in Pennsylvania (2,012th of 3,651), and the 4,889th of 11,911 in health care & social assistance. In 2024, employees put in $1.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,089,703
Participants with balances255
Active participants279
Employer contributions$323,395
Employee contributions$483,002
Employer contribution per active participant$1,159
Average account balance$51,332
Benefits paid to participants$577,503
Plan auditUnmodified (clean) audit opinion
AuditorMAHER DUESSEL, CPA'S
Plan history3
Yearassets · accounts · employer contribution
2024$13.1M · 255 accts · $323K emplr
2023$11.1M · 261 accts · $326K emplr
2022$9.3M · 268 accts · $309K emplr
Employer contributions to the Lakeshore Community Services, Inc. plan · 2024
Employer contribution per active participant$1,159
Median for plans this size$2,416
2024$1,159 per active participant
2023$1,213 per active participant
2022$1,111 per active participant

Lakeshore Community Services, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
THOMAS BEAN/RAYMOND JAMES FINANCIAL · Pension consulting$28,382

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

Administrative cost history3
2024$2,140 · 0.02%
2023$2,145 · 0.02%
2022$1,925 · 0.02%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Family Services of Nw PA PA$13.8M · 0.07%
Newcourtland Elder Services PA$13.3M · 0.84%
Project Home PA$13.0M · 1.05%
Barc Developmental Services PA$13.0M · 0.76%
Inspiritec, Inc. PA$13.0M · 1.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251577930 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.