Plan Snapshot
- Plan Sponsor: Lakewood Electric Company
- Sponsor EIN: 840865224
- Sponsor Address: 4535 SANTA FE DRIVE, ENGLEWOOD, CO, 80110
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 204
- Total Assets: $14.7M
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. |
|---|---|---|---|---|
| 2025 | 204 | $14.7M | $0 | $0 |
| 2024 | 157 | $12.2M | $436,548 | $799,656 |
| 2023 | 169 | $11.7M | $412,582 | $721,092 |
| 2022 | 183 | $10.1M | $423,969 | $748,638 |
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 |
|---|---|---|---|---|
| JOHN HANCOCK RETIREMENT PLAN SVCS | Other Service Provider | $30,742 | — | $30,742 |
| EDWARD D JONES & COMPANY | Investment Advisor | $24,727 | — | $24,727 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $55,469
- Estimated Expense Ratio: 0.377% 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 |
|---|---|---|---|---|---|
| 2025 | $838,736 | $30,509 | $27,432 | — | — |
| 2024 | $51,576 | $26,866 | $24,710 | — | — |
| 2023 | $46,343 | $23,905 | $22,438 | — | — |
| 2022 | $47,749 | $24,957 | $22,792 | — | — |