Plan Snapshot
- Plan Sponsor: Lakeview Healthcare Enterprise
- Sponsor EIN: 862432600
- Sponsor Address: 18550 US HIGHWAY 441 STE A, MOUNT DORA, FL, 327576751
- Plan Type: 401(k)
- Total Participants: 308
- Total Assets: $17.4M
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 | 308 | $17.4M | $593,171 | $1.2M |
| 2023 | 353 | $14.7M | $519,013 | $580,111 |
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 |
|---|---|---|---|---|
| PAYCHEX, INC. | Recordkeeper | $39,081 | — | $39,081 |
| KOVACK ADVISORS, INC | Investment Advisor | $31,905 | — | $31,905 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PAYCHEX, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $70,986
- Estimated Expense Ratio: 0.409% 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 | $71,936 | $31,905 | $39,171 | — | — |
| 2023 | $38,946 | $14,325 | $23,833 | — | — |