LAKEVIEW VILLAGE, INC. EMPLOYEES RETIREMENT PLAN

Plan Overview & Key Metrics

LAKEVIEW VILLAGE, INC. EMPLOYEES RETIREMENT PLAN is a defined contribution retirement plan offered by LAKEVIEW VILLAGE, INC.. Below is a snapshot of the plan’s financial health, participant activity, and employer generosity based on publicly filed data. Use these metrics to benchmark your own contributions and see how this plan compares to peers.

LAKEVIEW VILLAGE, INC. EMPLOYEES RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2024, the total retirement plan assets of LAKEVIEW VILLAGE, INC. EMPLOYEES RETIREMENT PLAN is $17,304,662.00.This plan was established in 1994.

LAKEVIEW VILLAGE, INC. EMPLOYEES RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2024, the total number of retirement plan participants in LAKEVIEW VILLAGE, INC. EMPLOYEES RETIREMENT PLAN is 640

LAKEVIEW VILLAGE, INC. EMPLOYEES RETIREMENT PLAN Average Participant Retirement Account Value

In 2024, the average participant retirement account value for LAKEVIEW VILLAGE, INC. EMPLOYEES RETIREMENT PLAN is $27,038.00

LAKEVIEW VILLAGE, INC. EMPLOYEES RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2024, the estimated average employee contribution amount per participant for LAKEVIEW VILLAGE, INC. EMPLOYEES RETIREMENT PLAN is $1,796.00.

LAKEVIEW VILLAGE, INC. EMPLOYEES RETIREMENT PLAN Estimated Average Employer Match

In 2024, the estimated average employer match for an employee in LAKEVIEW VILLAGE, INC. EMPLOYEES RETIREMENT PLAN is approximately $826.00
Investing in this additonal $826.00 for 20 years would give you extra $52,906.00, assuming a 10% annual return.

LAKEVIEW VILLAGE, INC. EMPLOYEES RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2024, LAKEVIEW VILLAGE, INC. EMPLOYEES RETIREMENT PLAN allocates $529,067.00 to match its employees’ contributions, providing an employer match rate of 47.56% of their contributions

LAKEVIEW VILLAGE, INC. EMPLOYEES RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2024, the total retirement plan asset growth rate of LAKEVIEW VILLAGE, INC. EMPLOYEES RETIREMENT PLAN is 13.59%.

LAKEVIEW VILLAGE, INC. EMPLOYEES RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2024, the estimated aggregate retirement account investment gain/loss for LAKEVIEW VILLAGE, INC. EMPLOYEES RETIREMENT PLAN is 11.75%. This measures the effectiveness of the plan participants’ investments in the year.

LAKEVIEW VILLAGE, INC. EMPLOYEES RETIREMENT PLAN Expense Ratio

In 2024, the investment and administrative expense ratio of LAKEVIEW VILLAGE, INC. EMPLOYEES RETIREMENT PLAN is 0.58%.

* Data are from public filings.

Plan Administrator & Contact

Need to reach the plan administrator, update beneficiaries, or request a distribution? Use the contact details below. If the plan uses an external recordkeeper (such as Fidelity, Vanguard, or Empower), their portal is typically the fastest way to manage your account day to day.

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Enrollment & Brokerage Features

The following features describe how LAKEVIEW VILLAGE, INC. EMPLOYEES RETIREMENT PLAN handles enrollment, default investments, and access to self-directed brokerage windows. Plans that offer auto-enrollment tend to have higher participation rates, and a brokerage window can give you access to investments beyond the plan’s core lineup.

LAKEVIEW VILLAGE, INC. EMPLOYEES RETIREMENT PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.

What Should You Do Next?

Your 401(k) is likely your single largest wealth-building tool. Here is how to make the most of LAKEVIEW VILLAGE, INC. EMPLOYEES RETIREMENT PLAN:

  1. Contribute enough to capture the full employer match. This is free money — see the match details on the Contribution & Match page.
  2. Review your investment allocation. Make sure your mix of stocks, bonds, and other assets matches your age and risk tolerance. Check available investment options.
  3. Keep your beneficiary designations current. Life events (marriage, divorce, children) mean your beneficiary form may need updating.
  4. Increase contributions over time. Even a 1% annual bump can add tens of thousands to your retirement balance over a career.

Use our 401(k) Savings Calculator to project how your current contribution rate translates into retirement wealth, or try the Asset Allocation Calculator to find an allocation that fits your risk profile.

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