Plan Ledger DOL Form 5500 · updated monthly

Lakeview Village, Inc.403(b)

LAKEVIEW VILLAGE, INC. EMPLOYEES RETIREMENT PLAN · LENEXA, KS · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

Lakeview Village, Inc. reported $100,668 in plan administrative expenses for 2024: 0.62% of average plan assets, higher than ~75% of peers. Employer contributions averaged $900 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 rose from 0.59% to 0.62%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 336th-largest of 828 plans among Kansas employers on file, and the 4,099th of 11,911 in health care & social assistance. In 2024, employees put in $2.10 for every $1.00 the employer contributed; active participation has grown from 506 to 588 since 2022.

Plan summary
Net assets, end of year$17,226,909
Participants with balances299
Active participants588
Employer contributions$529,067
Employee contributions$1,112,314
Employer contribution per active participant$900
Average account balance$57,615
Benefits paid to participants$1,598,107
Plan auditUnmodified (clean) audit opinion
AuditorACORD COX & SCOTT
Plan history3
Yearassets · accounts · employer contribution
2024$17.2M · 299 accts · $529K emplr
2023$15.2M · 304 accts · $477K emplr
2022$12.6M · 286 accts · $491K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,700
Investment management$40,963
Audit (IQPA)$8,750
Trustee / custodial$45,255
Total administrative$100,668
Employer contributions to the Lakeview Village, Inc. plan · 2024
Employer contribution per active participant$900
Median for plans this size$2,416
2024$900 per active participant
2023$839 per active participant
2022$971 per active participant

Lakeview Village, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20244
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee$50,955
CETERA INVESTMENT ADVISERS LLC · Investment advisory (plan)$21,546
INFINITAS · Investment advisory (plan)$19,417
ACORD COX & SCOTT · Accounting / audit$8,750

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

Recordkeeper by year2
2024Alerus
2023Alerus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$100,668 · 0.62%
2023$87,783 · 0.63%
2022$82,647 · 0.59%
Same employer
Similar plansHealth Care & Social Assistance · Kansas
Midwest Health, Inc. KS$19.8M · 0.93%
Hospice, Inc. KS$18.1M · 0.01%
Heartland Cardiology, LLC KS$17.2M · 0.75%
Kansas Medical Clinic, P.A. KS$16.9M · 0.10%
Clara Barton Hospital KS$16.4M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 480689163 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.