Retirement plan

LAKESIDE CAPITAL CORPORATION 401K PLAN FOR ADMINISTRATION

Name: LAKESIDE CAPITAL CORPORATION - LAKESIDE CAPITAL CORPORATION 401K PLAN FOR ADMINISTRATION (2019) Form 5500
Creator: LAKESIDE CAPITAL CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LAKESIDE CAPITAL CORPORATION 401K PLAN FOR ADMINISTRATION, LAKESIDE CAPITAL CORPORATION

LAKESIDE CAPITAL CORPORATIONEIN 16-1494317Plan #002PY 2019

402 CHANDLER ST - JAMESTOWN, NY 14701716-664-2555

Other plans on this EIN

1 filing

#001Retirement-$665K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.5M

+24.8% from 2018

Total participants

+23.5% from 2018

Average account balance

$77,578

-8.0% from 2018

Annual return

20.24%

+23.05 pp from 2018

Benchmarks

See 21,378 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort21,378 peers

Snapshot2019

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$2.86M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$143K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

133.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$132K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+12.99%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$3458

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$49K

$3524 / participant

Other / not subdivided$49K100.0%

% of EOY assets

3.347%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$77,578

$103,393-25.0%

$87,103-10.9%

$152,909-49.3%

Participation rate

85.7%

79.4%+6.4pp

76.9%+8.8pp

82.5%+3.3pp

Annual return

20.24%

28.10%-7.9pp

28.19%-8.0pp

345.46%-325.2pp

Employer contribution / active EE

$1,477

$3,221-54.1%

$2,521-41.4%

$4,764-69.0%

Participant deferral / active EE

$4,482

$4,778-6.2%

$4,049+10.7%

$5,851-23.4%

Admin fee / account holder

$2,597

$12,195-78.7%

$7,491-65.3%

$11,601-77.6%

LAKESIDE CAPITAL CORPORATION 401K PLAN FOR ADMINISTRATION

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LAKESIDE CAPITAL CORPORATION 401K PLAN FOR ADMINISTRATION

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion