Plan Ledger DOL Form 5500 · updated monthly

Lakeshore Learning Materials, LLC401(k)

LAKESHORE LEARNING MATERIALS 401(K) PLAN · CARSON, CA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Lakeshore Learning Materials, LLC reported $240,294 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $1,170 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 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 569th-largest of 9,483 plans among California employers on file, and the 216th of 5,215 in retail trade. In 2024, employees put in $2.20 for every $1.00 the employer contributed; active participation has grown from 3,258 to 4,674 since 2022.

Plan summary
Net assets, end of year$199,626,239
Participants with balances1,849
Active participants4,674
Employer contributions$5,469,523
Employee contributions$12,006,190
Employer contribution per active participant$1,170
Average account balance$107,964
Benefits paid to participants$8,526,710
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$199.6M · 1,849 accts · $5.5M emplr
2023$162.8M · 1,746 accts · $4.6M emplr
2022$126.5M · 1,520 accts · $4.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$158,328
Investment management$69,078
Audit (IQPA)$12,888
Total administrative$240,294
The Lakeshore Learning Materials, LLC 401(k) match · 2024
Employer contribution per active participant$1,170
Median for plans this size$3,635
2024$1,170 per active participant
2023$1,253 per active participant
2022$1,244 per active participant

Lakeshore Learning Materials, LLC's 2024 employer contribution ran below the $3,635 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$158,327
SAGEVIEW ADVISORY GROUP, LLC · Investment advisory (plan)$59,924
CLIFTONLARSONALLEN LLP · Accounting / audit · Investment advisory (plan)$22,043

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$240,294 · 0.13%
2023$225,339 · 0.16%
2022$204,152 · 0.15%
Same employer
Similar plansRetail Trade · California
Guitar Center, Inc. CA$215.9M · 0.04%
Tawa Supermarket, Inc. CA$193.4M · 0.22%
Restoration Hardware, Inc. CA$190.7M · 0.16%
Deckers Outdoor Corporation CA$168.3M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941525814 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.