Plan Snapshot
- Plan Sponsor: The Lakes Community Health Center, INC.
- Sponsor EIN: 352297925
- Sponsor Address: 7665 US HIGHWAY 2, IRON RIVER, WI, 54847
- Plan Type: 401(k)
- Total Participants: 475
- Total Assets: $26.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 475 | $26.0M | $1.2M | $2.7M |
| 2023 | 413 | $20.0M | $929,003 | $2.2M |
| 2022 | 359 | $16.3M | $837,714 | $1.9M |
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 |
|---|---|---|---|---|
| NORTHWESTERN MUTUAL INVESTMENT SERV | BROKER/DEALER | — | $51,747 | $51,747 |
| TAX SHELTERED COMPENSATION, INC. | THIRD PARTY ADMINISTRATO | — | $10,756 | $10,756 |
| WIPFLI LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NORTHWESTERN MUTUAL INVESTMENT SERV — BROKER/DEALER
- WIPFLI LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $62,503
- Estimated Expense Ratio: 0.240% 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 | $185,582 | — | $184,507 | — | — |
| 2023 | $151,732 | — | — | — | — |
| 2022 | $140,631 | — | $140,631 | — | — |