# Lakewinds Natural Foods 401(k) Plan
Source: https://planprovider.pro/companies/lakewinds-natural-foods-401k-plan

> Lakewinds Natural Foods&#39;s 401(k) plan: 298 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Lakewinds Natural Foods

- **Sponsor EIN:** 411443915

- **Sponsor Address:** 6321 BURY DRIVE SUITE 21, EDEN PRAIRIE, MN, 553461739

- **Plan Type:** 401(k)

- **Total Participants:** 298

- **Total Assets:** $7.7M

## 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|298|$7.7M|$201,104|$571,383|

| 2023|257|$7.0M|$190,170|$522,787|

| 2022|245|$5.6M|$171,408|$497,218|

## 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|

| ALERUS FINANCIAL, N.A.|NONE|$36,378|—|$36,378|

| BGM CPA LLC|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [ALERUS FINANCIAL, N.A.](https://planprovider.pro/provider/intellicents-inc) — NONE

- [BGM CPA LLC](https://planprovider.pro/provider/bgm-cpa-llc) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $36,378

- **Estimated Expense Ratio:** 0.470% 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|$36,378|—|—|—|—|

| 2023|$22,767|—|—|—|—|

| 2022|$26,511|$26,511|—|—|—|

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