Plan Ledger DOL Form 5500 · updated monthly

Lakeside Medical Center, Inc.401(k)

LAKESIDE MEDICAL CENTER, INC. 401(K) PROFIT SHARING PLAN · PINE CITY, MN · plan year 2022

Reported admin expense ratio · 2022
0.76%

Lakeside Medical Center, Inc. reported $4,099 in plan administrative expenses for 2022: 0.76% of average plan assets, below the peer median. 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Minnesota (1,887th of 1,918), and 11,424th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$436,537
Participants with balances11
Active participants0
Employer contributions—
Employee contributions$16,715
Employer contribution per active participant—
Average account balance$39,685
Benefits paid to participants$117,030
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$4,099
Total administrative$4,099
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$4,099 · 0.76%
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Source: U.S. Department of Labor, Form 5500 series, EIN 410906771 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.