Plan Ledger DOL Form 5500 · updated monthly

Lakeview Farms Holdings, Inc.401(k)

LAKEVIEW FARMS, LLC 401(K) PLAN · DELPHOS, OH · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Lakeview Farms Holdings, Inc. reported $100,000 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $1,327 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 3 years on file its reported administrative ratio has held roughly steady near 0.394%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,056th-largest of 3,295 plans among Ohio employers on file, and the 4,874th of 13,661 in manufacturing. In 2024, employees put in $1.99 for every $1.00 the employer contributed; active participation has grown from 586 to 914 since 2022.

Plan summary
Net assets, end of year$26,939,777
Participants with balances608
Active participants914
Employer contributions$1,212,742
Employee contributions$2,413,376
Employer contribution per active participant$1,327
Average account balance$44,309
Benefits paid to participants$3,929,468
Plan auditUnmodified (clean) audit opinion
AuditorFREED MAXICK CPAS, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$26.9M · 608 accts · $1.2M emplr
2023$23.8M · 558 accts · $967K emplr
2022$21.3M · 567 accts · $879K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$80,000
Investment management$20,000
Total administrative$100,000
The Lakeview Farms Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$1,327
Median for plans this size$2,416
2024$1,327 per active participant
2023$1,452 per active participant
2022$1,500 per active participant

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

Service providers · 20244
ALLIANCE PENSION CONSULTANTS, LLC · Recordkeeping$80,000
OAKSTREET WEALTH MANAGEMENT · Investment advisory (plan)$20,000
CHARLES SCHWAB TRUST BANK · Custodial (securities)indirect comp
CHARLES SCHWAB & CO., INC. · Custodial (securities) · Securities brokerageindirect comp

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

Recordkeeper by year2
2024ALLIANCE PENSION CONSULTANTS, LLC
2023ALLIANCE PENSION CONSULTANTS, LLC

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Administrative cost history3
2024$100,000 · 0.39%
2023$70,792 · 0.31%
2022$84,502 · 0.39%
Similar plansManufacturing · Ohio
Hitachi Astemo Americas OH$27.1M · 0.47%
Pubco Corporation OH$27.1M · 0.37%
J. E. Grote Company, Inc. OH$27.0M · 0.33%
Fpc International, Inc. OH$26.9M · 0.01%
Fechheimer Brothers Company OH$26.9M · 0.01%
Matalco (U.S.), Inc. OH$26.8M · 0.49%
Heroux Corp. OH$26.7M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 452870019 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.