Plan Snapshot
- Plan Sponsor: Lakeview Clinic, Ltd
- Sponsor EIN: 411340895
- Sponsor Address: 424 STATE HWY 5 WEST, WACONIA, MN, 55387
- Plan Type: DC
- Total Participants: 193
- Total Assets: $104.5M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 193 | $104.5M | $2.5M | $1.6M |
| 2023 | 172 | $106.2M | $2.0M | $1.4M |
| 2022 | 166 | $101.2M | $2.0M | $1.3M |
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 |
|---|---|---|---|---|
| COMPASS CAPITAL MANAGEMENT INC. | NONE | $230,574 | — | $230,574 |
| ONEAMERICA RETIREMENT SERVICES, LLC | NONE | $21,397 | — | $21,397 |
| THE AMERICAN AUDITORS GROUP, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE AMERICAN AUDITORS GROUP, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $251,971
- Estimated Expense Ratio: 0.241% 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 | $251,971 | $230,574 | — | — | — |
| 2023 | $307,339 | $283,047 | — | — | — |
| 2022 | $317,178 | $289,515 | — | — | $27,663 |