Plan Snapshot
- Plan Sponsor: Lakefield Veterinary Group, INC.
- Sponsor EIN: 800887479
- Sponsor Address: 19717 62ND AVE S, KENT, WA, 98032
- Plan Type: 401(k)
- Total Participants: 1,748
- Total Assets: $47.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 1,748 | $47.7M | $3.2M | $7.1M |
| 2023 | 1,633 | $35.7M | $2.7M | $6.3M |
| 2022 | 1,526 | $23.9M | $2.4M | $5.4M |
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 |
|---|---|---|---|---|
| STANCORP FINANCIAL GROUP | Recordkeeper | $186,022 | — | $186,022 |
| ALLIANT RETIREMENT CONSULTING | Other Service Provider | $56,978 | — | $56,978 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STANCORP FINANCIAL GROUP — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $243,000
- Estimated Expense Ratio: 0.510% of plan assets
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 | $243,000 | $56,978 | $186,022 | — | — |
| 2023 | $192,229 | $39,481 | $152,748 | — | — |
| 2022 | $174,785 | — | — | — | $174,785 |