# Lake Business Products, INC. 401(k) Plan
Source: https://planprovider.pro/companies/lake-business-products-inc-401k-plan

> Lake Business Products, INC.'s 401(k) plan: 98 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Lake Business Products, INC.

- **Sponsor EIN:** 341101709

- **Sponsor Address:** 653 MINER ROAD, HIGHLAND HEIGHTS, OH, 44143

- **Plan Type:** 401(k)

- **Total Participants:** 98

- **Total Assets:** $10.8M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|98|$10.8M|$125,000|$346,292|

| 2023|109|$10.2M|$100,000|$340,696|

| 2022|108|$10.0M|$250,000|$306,474|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| CIUNI & PANICHI, INC.|Auditor|—|—|$0|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$41,172|—|—|—|—|

| 2023|$15,164|$12,167|—|—|—|

| 2022|—|—|—|—|—|

## Similar Plans

- [Vexos, INC. & Subsidiaries](https://planprovider.pro/companies/vexos-inc-subsidiaries-401k-plan) — 114 participants

- [Adalet/Scott Fetzer Company](https://planprovider.pro/companies/adalet-scott-fetzer-company-401k-plan) — 78 participants

- [Neograf Solutions, LLC](https://planprovider.pro/companies/neograf-solutions-llc-401k-plan) — 77 participants

- [International Hydraulics, INC.](https://planprovider.pro/companies/international-hydraulics-inc-plan-003) — 57 participants

- [Electrolock, INC.](https://planprovider.pro/companies/electrolock-inc-401k-plan) — 51 participants

- [Kirkwood Holding INC.](https://planprovider.pro/companies/kirkwood-holding-inc-401k-plan) — 147 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/lake-business-products-inc-401k-plan)

© 2026 PlanProvider.Pro