Plan Snapshot
- Plan Sponsor: Lakeshore Learning Materials, LLC
- Sponsor EIN: 941525814
- Sponsor Address: 2695 E. DOMINGUEZ STREET, CARSON, CA, 908951000
- Plan Type: 401(k)
- Total Participants: 4,674
- Total Assets: $199.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- 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 | 4,674 | $199.6M | $5.5M | $12.0M |
| 2023 | 3,689 | $162.8M | $4.6M | $10.5M |
| 2022 | 3,258 | $126.5M | $4.1M | $9.6M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $158,327 | — | $158,327 |
| SAGEVIEW ADVISORY GROUP, LLC | INVESTMENT ADVISORY | $59,924 | $16,898 | $76,822 |
| CLIFTONLARSONALLEN LLP | ACCOUNTANT | $22,043 | — | $22,043 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SAGEVIEW ADVISORY GROUP, LLC — INVESTMENT ADVISORY
- CLIFTONLARSONALLEN LLP — ACCOUNTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $257,192
- Estimated Expense Ratio: 0.129% 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 | $240,294 | $69,078 | $158,328 | $12,888 | — |
| 2023 | $225,339 | $59,955 | $151,537 | $13,847 | — |
| 2022 | $204,152 | $59,965 | $132,187 | — | $12,000 |