401(k)
2022 plan-year 401(k) DOL Form 5500

LAKESIDE BANK EMPLOYEE SAVINGS AND PROTECTION PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

LAKESIDE BANK

This 401(k) plan holds $18M in total assets and serves 165 participants as of 2022. It is sponsored by LAKESIDE BANK in Illinois. The plan reported a net loss of $3M for the year.

Total Assets (2023)
$18M
Participants
165
State
Industry
Finance & Insurance

What the Filing Says About LAKESIDE BANK EMPLOYEE SAVINGS AND PROTECTION PLAN

LAKESIDE BANK EMPLOYEE SAVINGS AND PROTECTION PLAN is a 401(k) retirement plan sponsored by LAKESIDE BANK, headquartered in Illinois. As of the 2022 Form 5500 filing, the plan reports $18M in total end-of-year assets and covers 165 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 362583514, and the plan has been effective since 1986-05-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $21M at the beginning of 2022 to $18M at year-end — a decline of 14.3%. Net assets (after liabilities) closed the year at $18M, with reported net income of $-2,994,254 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$21M
Total Assets (End of Year)$18M
Net Assets (End of Year)$18M
Net Income$-2,994,254
Plan Type401(k)
Employer EIN362583514
Plan Effective Date1986-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (LAKESIDE BANK)

Year Plans Participants Total Assets
2022 2 287 $38M
2023 2 295 $45M
2024 2 295 $51M

Nearby 401(k) Plans in Illinois

Peer 401(k) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the LAKESIDE BANK EMPLOYEE SAVINGS AND PROTECTION PLAN?
As of the 2022 Form 5500 filing, LAKESIDE BANK EMPLOYEE SAVINGS AND PROTECTION PLAN holds $18M in total assets with 165 participants. It is sponsored by LAKESIDE BANK.
What type of plan is LAKESIDE BANK EMPLOYEE SAVINGS AND PROTECTION PLAN?
LAKESIDE BANK EMPLOYEE SAVINGS AND PROTECTION PLAN is a 401(k) plan. It has been effective since 1986-05-01. The plan is filed with the U.S. Department of Labor under EIN 362583514.
Who sponsors the LAKESIDE BANK EMPLOYEE SAVINGS AND PROTECTION PLAN?
LAKESIDE BANK EMPLOYEE SAVINGS AND PROTECTION PLAN is sponsored by LAKESIDE BANK, located in Illinois. The sponsor's EIN is 362583514 and the plan operates in the Finance & Insurance industry.
How did LAKESIDE BANK EMPLOYEE SAVINGS AND PROTECTION PLAN perform in 2022?
LAKESIDE BANK EMPLOYEE SAVINGS AND PROTECTION PLAN declined by 14.3% during 2022, moving from $21M to $18M in total assets. Net income was $-2,994,254.
Where can I find official filings for LAKESIDE BANK EMPLOYEE SAVINGS AND PROTECTION PLAN?
Official Form 5500 filings for LAKESIDE BANK EMPLOYEE SAVINGS AND PROTECTION PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 362583514 or plan name at efast.dol.gov.
How does LAKESIDE BANK EMPLOYEE SAVINGS AND PROTECTION PLAN compare to other plans?
You can compare LAKESIDE BANK EMPLOYEE SAVINGS AND PROTECTION PLAN against other 401(k) plans on the plan type page, or view plans in Illinois on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 362583514.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.