Great Lakes Management 401(K) Retirement Savings Plan — Form 5500 plan (Great Lakes Management)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Great Lakes Management 401(K) Retirement Savings Plan is a benefit plan reported by Great Lakes Management under EIN 41-1614587 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,070 participants and $8,036,371 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$9.4MPlan net assets, end of year$9,430,737
Participants1.1KCovered participants reported1,070
Assets / participant$8.8KComputed: assets ÷ participants$8,814 (computed)
Provider compensation$89.4K4 Schedule C provider row(s)$89,448
- Plan sponsor
- Great Lakes Management
- EIN
- 41-1614587
- Plan number
- 001
- Plan type
- 2
- Location
- Plymouth, MN
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,070 | H, C | 20240417102510NAL0002807600001 |
| 2023 | 1,160 | H, C | 20241003054747NAL0019678146001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$9.4M total assets
Net assets$9.4MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $9,430,737
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,430,737
- Net assets (BOY)
- $8,036,371
Income & contributions
- Employer contributions
- $402,901
- Participant contributions
- $893,763
- Total contributions
- $1,357,763
- Total income / additions
- $1,916,708
Expenses & distributions
- Benefits paid
- $463,151
- Administrative expenses
- $46,711
- Total expenses
- $522,342
- Net increase / (decrease)
- $1,394,366
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
31%69%
Employer 31%Participant 69%
Total expenses ÷ net assets6%Computed ratio
Benefits paid ÷ total income24%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $26,066 | $0 | 2023 |
| Adp, Inc. | RECORD KEEPER | $25,081 | $0 | 2023 |
| The Hays Financial Group, LLC | INVESTMENT/FINANCIAL ADVI | $20,645 | $0 | 2023 |
| The Hays Financial Group, LLC | INVESTMENT/FINANCIAL ADVI | $17,656 | $0 | 2023 |