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| Provider | Service type | Compensation |
|---|---|---|
LAKESIDE WEALTH MANAGEMENT2 years Filed as: LAKESIDE WEALTH MANAGEMENT GROUP Service code 27 3100 VILLAGE PT · CHESTERTON, IN 46304 | Advisory (Plan) | $29,815 |
Service code 12 · EIN 48-1205033 | Float revenue; Direct payment from th... | $20,136 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $68,166 | $85,171-20.0% | $172,753-60.5% | $72,976-6.6% |
| Participation rate | 98.7% | 70.1%+28.7pp | 82.6%+16.1pp | 69.5%+29.2pp |
| Annual return | 19.81% | 27.32%-7.5pp | 803.00%-783.2pp | 81.02%-61.2pp |
| Employer contribution / active EE | $5,426 | $3,324+63.2% | $5,144+5.5% | $2,440+122.4% |
| Participant deferral / active EE | $5,133 | $3,260+57.5% | $5,198-1.2% | $3,608+42.3% |
| Admin fee / account holder | $420 | $5,880-92.9% | $13,956-97.0% | $5,124-91.8% |