Retirement plan

LAKESIDE COUNTRY CLUB 401(K) PLAN

Name: LAKESIDE COUNTRY CLUB - LAKESIDE COUNTRY CLUB 401(K) PLAN (2023) Form 5500
Creator: LAKESIDE COUNTRY CLUB
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LAKESIDE COUNTRY CLUB 401(K) PLAN, LAKESIDE COUNTRY CLUB

LAKESIDE COUNTRY CLUBEIN 74-1170526Plan #002PY 2023

100 WILCREST DRIVE - HOUSTON, TX 77042281-497-2222librojolaw.comLinkedIn1-10 employeesconsumer services

Other plans on this EIN

1 filing

#001Retirement-$11K assets

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$4.3M

+15.6% from 2022

Total participants

214

+0.9% from 2022

Average account balance

$20,083

+15.1% from 2022

Annual return

10.62%

+812.59 pp from 2022

Benchmarks

See 750 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants100-249

Cohort750 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.43M

Not enough data

1 years with asset history on file

Average account balance

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

$24K

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.

231

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.02M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+22.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

$209

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
STANCORP FINANCIAL GROUP2 years Service code 12 · EIN 93-1253576	Claims processing; Custodial (other t...	$28,520
KESTRA INVESTMENT SERVICES LLC2 years Filed as: KESTRA ADVISORY SERVICES, LLC Service code 27 · EIN 47-1566880	Advisory (Plan)	$12,786

Plan features & details

Pension benefit codes2E2F2G2J2S2T3D

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.
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.
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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$41K

$242 / participant

Contract admin$41K100.0%

% of EOY assets

0.966%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PANNELL KERR FORSTER OF TEXAS
Auditor EIN: 760356844
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$20,083

$48,432-58.5%

$121,210-83.4%

$71,529-71.9%

Participation rate

99.4%

54.3%+45.1pp

69.5%+29.9pp

67.9%+31.5pp

Annual return

10.62%

23.28%-12.7pp

987.41%-976.8pp

28.97%-18.4pp

Employer contribution / active EE

$1,450

$1,493-2.9%

$4,171-65.2%

$2,590-44.0%

Participant deferral / active EE

$2,780

$2,756+0.9%

$4,084-31.9%

$4,291-35.2%

Admin fee / account holder

$194

$1,845-89.5%

$5,647-96.6%

$1,588-87.8%

Provider

Service type

Compensation

STANCORP FINANCIAL GROUP2 years

Service code 12 · EIN 93-1253576

Claims processing; Custodial (other t...

$28,520

KESTRA INVESTMENT SERVICES LLC2 years

Filed as: KESTRA ADVISORY SERVICES, LLC

Service code 27 · EIN 47-1566880

Advisory (Plan)

$12,786

LAKESIDE COUNTRY CLUB 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LAKESIDE COUNTRY CLUB 401(K) PLAN

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