Plan Snapshot
- Plan Sponsor: Lake Forest College
- Sponsor EIN: 362167770
- Sponsor Address: 555 N. SHERIDAN ROAD, LAKE FOREST, IL, 60045
- Plan Type: 403(b)
- Total Participants: 355
- Total Assets: $143.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 355 | $143.2M | $1.6M | $1.7M |
| 2023 | 349 | $137.0M | $1.6M | $1.7M |
| 2022 | 457 | $126.2M | $1.5M | $1.6M |
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 |
|---|---|---|---|---|
| SMITH & HOWARD, PC | 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 | $10,450 | — | — | — | — |
| 2023 | $38,351 | — | $9,375 | — | — |
| 2022 | $48,525 | $37,500 | — | — | $10,000 |