Filings through Sep 24, 2026.

Retirement plan

Fresh Thyme Market 401(k) Plan

Name: LAKES VENTURE, LLC - FRESH THYME MARKET 401(K) PLAN (2024) Form 5500
Creator: LAKES VENTURE, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FRESH THYME MARKET 401(K) PLAN, LAKES VENTURE, LLC

Lakes Venture, LLCEIN 46-1124457Plan #001PY 2024

2650 WARRENVILLE RD, STE 700 - DOWNERS GROVE, IL 605151748331-251-7097

Prospect flagsLow participationLow assets / participantCorrective distributionsFew collective trustsFund lineup: 14 funds, $32.8M

How to read this page

Total assets (EOY)

$33.8M

+19.5% from 2023

Total participants

4,952

+24.3% from 2023

Average account balance

$10,316

+13.7% from 2023

Annual return

13.67%

-5.41 pp from 2023

Benchmarks

See 393 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants1,000-4,999

Cohort393 peers

Snapshot2024

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Analytics

See the 9-year trajectory with Solo.

Service providers

Top 1 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL7 years Service code 37 · EIN 04-2647786	Loan Processing	$202,046

Fund lineup

CSV with Pro

14 funds of $250K or more; 33 lines in all, holding $32.8M of the plan's $33.8M. From the 2024 filing. Recordkeeper: Fidelity (FMR).

In collective trusts0%median 0% for plans of $5M to $50M (34,889 plans)

In index funds93%median 21% for plans of $5M to $50M (34,889 plans)

In the main target-date series0%median 35% for plans of $5M to $50M (34,889 plans)

Employer stockNo

Fund	Manager	Vehicle	Dollars	% of funds%
Mutual Funds Fidelity Investments FID FDM IDX 2045 IPR Fidelity (FMR) · Mutual fund IndexRecordkeeper's own fund	Fidelity (FMR)	Mutual fund	$4.0M	12.3%
Fidelity Investments FID FDM IDX 2035 IPR Fidelity (FMR) · Mutual fund IndexRecordkeeper's own fund	Fidelity (FMR)	Mutual fund	$3.7M	11.4%
Fidelity Investments FID FDM IDX 2055 IPR Fidelity (FMR) · Mutual fund IndexRecordkeeper's own fund	Fidelity (FMR)	Mutual fund	$3.7M	11.2%
Fidelity Investments FID FDM IDX 2050 IPR Fidelity (FMR) · Mutual fund IndexRecordkeeper's own fund	Fidelity (FMR)	Mutual fund	$3.7M	11.2%
Fidelity Investments FID FDM IDX 2040 IPR Fidelity (FMR) · Mutual fund IndexRecordkeeper's own fund	Fidelity (FMR)	Mutual fund	$3.3M	10.1%
Fidelity Investments FID FDM IDX 2030 IPR Fidelity (FMR) · Mutual fund IndexRecordkeeper's own fund	Fidelity (FMR)	Mutual fund	$3.0M	9.0%
Fidelity Investments FID FDM IDX 2060 IPR Fidelity (FMR) · Mutual fund IndexRecordkeeper's own fund	Fidelity (FMR)	Mutual fund	$2.5M	7.6%
Fidelity Investments FID FDM IDX 2025 IPR Fidelity (FMR) · Mutual fund IndexRecordkeeper's own fund	Fidelity (FMR)	Mutual fund	$2.4M	7.2%
Fidelity Investments FID FDM IDX 2065 IPR Fidelity (FMR) · Mutual fund IndexRecordkeeper's own fund	Fidelity (FMR)	Mutual fund	$1.1M	3.4%
Fidelity Investments FID FDM IDX 2020 IPR Fidelity (FMR) · Mutual fund IndexRecordkeeper's own fund	Fidelity (FMR)	Mutual fund	$1.1M	3.2%

See the other 23 lines in this lineup with Solo.

Covers 60,908 large plans that list their funds in their annual filing. Updated Nov 2, 2026. Shares describe these plans, not the whole market.

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3B3D3H

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$202K

$51 / participant

Recordkeeping$202K100.0%

% of EOY assets

0.597%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: BAKER TILLY US, LLP
Auditor EIN: 301413443
Audit fees: $0
Opinion code: Unqualified

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Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL7 years

Service code 37 · EIN 04-2647786

Loan Processing

$202,046

Fund

Dollars

% of funds%

Mutual Funds Fidelity Investments FID FDM IDX 2045 IPR

Fidelity (FMR) · Mutual fund

IndexRecordkeeper's own fund

$4.0M

12.3%

Fidelity Investments FID FDM IDX 2035 IPR

Fidelity (FMR) · Mutual fund

IndexRecordkeeper's own fund

$3.7M

11.4%

Fidelity Investments FID FDM IDX 2055 IPR

Fidelity (FMR) · Mutual fund

IndexRecordkeeper's own fund

$3.7M

11.2%

Fidelity Investments FID FDM IDX 2050 IPR

Fidelity (FMR) · Mutual fund

IndexRecordkeeper's own fund

$3.7M

11.2%

Fidelity Investments FID FDM IDX 2040 IPR

Fidelity (FMR) · Mutual fund

IndexRecordkeeper's own fund

$3.3M

10.1%

Fidelity Investments FID FDM IDX 2030 IPR

Fidelity (FMR) · Mutual fund

IndexRecordkeeper's own fund

$3.0M

9.0%

Fidelity Investments FID FDM IDX 2060 IPR

Fidelity (FMR) · Mutual fund

IndexRecordkeeper's own fund

$2.5M

7.6%

Fidelity Investments FID FDM IDX 2025 IPR

Fidelity (FMR) · Mutual fund

IndexRecordkeeper's own fund

$2.4M

7.2%

Fidelity Investments FID FDM IDX 2065 IPR

Fidelity (FMR) · Mutual fund

IndexRecordkeeper's own fund

$1.1M

3.4%

Fidelity Investments FID FDM IDX 2020 IPR

Fidelity (FMR) · Mutual fund

IndexRecordkeeper's own fund

$1.1M

3.2%

Fresh Thyme Market 401(k) Plan

Summary metrics

Benchmarksi

Analytics

Service providersi

Fund lineupi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Fresh Thyme Market 401(k) Plan

Summary metrics

Benchmarksi

Analytics

Service providersi

Fund lineupi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Fund lineup

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Fund lineup

Opportunity flags

Expense breakdown

Audit opinion