Plan Ledger DOL Form 5500 · updated monthly

The Lakes Country Club Association, Inc.401(k)

THE LAKES COUNTRY CLUB ASSOCIATION, INC. 401(K) PLAN · PALM DESERT, CA · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

The Lakes Country Club Association, Inc. reported $38,178 in plan administrative expenses for 2024: 0.62% of average plan assets, above the peer median. Employer contributions averaged $1,137 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 0.01% to 0.62%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in California (6,439th of 9,483), and 828th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,682,831
Participants with balances106
Active participants176
Employer contributions$200,157
Employee contributions$357,793
Employer contribution per active participant$1,137
Average account balance$63,046
Benefits paid to participants$255,017
Plan auditUnmodified (clean) audit opinion
AuditorCOACHELLA VALLEY ACCOUNTING & AUDIT
Plan history3
Yearassets · accounts · employer contribution
2024$6.7M · 106 accts · $200K emplr
2023$5.7M · 95 accts · $184K emplr
2022$4.8M · 111 accts · $164K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,178
Total administrative$38,178
The The Lakes Country Club Association, Inc. 401(k) match · 2024
Employer contribution per active participant$1,137
Median for plans this size$1,313
2024$1,137 per active participant
2023$1,160 per active participant
2022$919 per active participant

The Lakes Country Club Association, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20243
UBS FINANCIAL SERVICES · Investment advisory (plan)$20,298
KB ACTUARIAL, INC · Contract administrator$2,666

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$38,178 · 0.62%
2023$30,418 · 0.58%
2022$618 · 0.01%
Similar plansArts, Entertainment & Recreation · California
Studio 71, LP CA$7.1M · 0.42%
In-Shape Solutions, LLC CA$6.9M · 1.97%
Sherwood Country Club CA$6.5M · 0.02%
Weights and Biases, Inc. CA$6.5M · 1.01%
Annandale Golf Club CA$6.5M · 0.71%
Skybound, LLC CA$6.4M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953792265 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.