Plan Ledger DOL Form 5500 · updated monthly

Lakeside Educational Network403(b)

LAKESIDE EDUCATIONAL NETWORK 403(B) RETIREMENT PLAN · NORTH WALES, PA · plan year 2023

Reported admin expense ratio · 2023
1.14%

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

Lakeside Educational Network reported $81,949 in plan administrative expenses for 2023: 1.14% of average plan assets, higher than ~75% of peers. Employer contributions averaged $663 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 1 year on file its reported administrative ratio rose from 0.81% to 1.14%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Pennsylvania (2,506th of 3,651), and 2,250th of 3,091 in educational services. In 2023, employees put in $3.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,115,349
Participants with balances235
Active participants364
Employer contributions$241,293
Employee contributions$754,659
Employer contribution per active participant$663
Average account balance$34,533
Benefits paid to participants$322,809
Plan auditUnmodified (clean) audit opinion
AuditorCAPIN CROUSE LLC
Plan history2
Yearassets · accounts · employer contribution
2023$8.1M · 235 accts · $241K emplr
2022$6.3M · 202 accts · $215K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$31,029
Investment management$50,920
Total administrative$81,949
Employer contributions to the Lakeside Educational Network plan · 2023
Employer contribution per active participant$663
Median for plans this size$1,308
2023$663 per active participant
2022$718 per active participant

Lakeside Educational Network's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
FISHER ASSET MANAGEMENT LLC · Loan processing$50,920
NOVA 401(K) ASSOCIATES · Contract administrator$10,124

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

Administrative cost history2
2023$81,949 · 1.14%
2022$49,932 · 0.81%
Same employer
Similar plansEducational Services · Pennsylvania
Pace School PA$9.0M · 0.41%
Cgfns International, Inc. PA$8.8M · 0.00%
Springboard Collaborative PA$8.6M · 0.08%
Learn & Play Inc. PA$8.1M · 0.01%
Dalach LLC PA$7.9M · 0.02%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 236050758 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.