Plan Ledger DOL Form 5500 · updated monthly

Lakeside Industries Inc.401(k)

LAKESIDE INDUSTRIES INC. EMPLOYEE SAVINGS PLAN · ISSAQUAH, WA · plan year 2023

Reported admin expense ratio · 2023
0.03%

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

Lakeside Industries Inc. reported $27,286 in plan administrative expenses for 2023: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $16,240 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 0.12% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other construction employers. By assets it is the 200th-largest of 1,714 plans among Washington employers on file, and the 677th of 5,337 in construction. In 2023, the employer put in $1.63 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$89,234,603
Participants with balances238
Active participants174
Employer contributions$2,825,712
Employee contributions$1,737,015
Employer contribution per active participant$16,240
Average account balance$374,935
Benefits paid to participants$9,760,989
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$72.3M · 238 accts · $3.1M emplr
2023$89.2M · 238 accts · $2.8M emplr
2022$79.3M · 229 accts · $2.6M emplr
Administrative expenses, itemized · 2023
Investment management$27,286
Total administrative$27,286
The Lakeside Industries Inc. 401(k) match · 2023
Employer contribution per active participant$16,240
Median for plans this size$3,659
2024$17,845 per active participant
2023$16,240 per active participant
2022$15,918 per active participant

Lakeside Industries Inc.'s 2023 employer contribution ran above the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
M HOLDINGS SECURITIES INC$30,000

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$35,500 · 0.04%
2023$27,286 · 0.03%
2022$100,536 · 0.12%
Same employer
Similar plansConstruction · Washington
Manson Construction Co. WA$118.5M · 0.02%
Gly Construction, Inc. WA$104.1M · 0.11%
W. Lease Lewis Company WA$72.5M · 0.05%
Apollo, Inc. WA$71.7M · 0.31%
Prairie Electric, Inc. WA$69.0M · 0.39%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 910751657 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.