401(k) · DOL Form 5500 · 2024

Lake Area Discovery Center 401(k) Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets
225
Participants Below avg headcount
25th
Percentile by assets National rank
$5,461
Avg per participant Low balance/head
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Official DOL plan name: Lake Area Discovery Center 401(k) Plan · Sponsored by Lake Area Discovery Center · Minnesota · Educational Services

$1M in assets, 225 participants

Lake Area Discovery Center's Lake Area Discovery Center 401(k) Plan reported $1M in total assets and 225 participants in its 2024 DOL Form 5500 filing, ranking in the 25th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #572 in Educational Services (3,638 peers)

Coverage in Minnesota

Lake Area Discovery Center 401(k) Plan covers 225 participants in Minnesota, about 20% of the average Minnesota filer (state average ~1,126 per filing). Assets: $1M.

#572
in Educational Services (3,638 peers)
+35.5%
assets growth YoY

Lake Area Discovery Center 401(k) Plan among the smaller filed plans by assets

Lake Area Discovery Center 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$1,228,627 25th percentile higher than 25% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Lake Area Discovery Center 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Lake Area Discovery Center 401(k) Plan sits mid-pack in the medium band (225 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Lake Area Discovery Center 401(k) Plan end-of-year assets rose from $907K in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Lake Area Discovery Center 401(k) Plan reported participants rose from 185 in the plan year 2023 filing to 225 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 411937239 · Lake Area Discovery Center PY 2024 · 401(k)

Lake Area Discovery Center 401(k) Plan · $1M · 225 · 25th

  • TYPE $1M
  • TYPE 225
  • TYPE 25th
  • TYPE 401(k)
  • TYPE near Northeast Texas Restoration, Inc. 401(k) Profit Sharing Plan
  • TYPE ind #572

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Educational Services retirement plans → · Plans in Minnesota →

Lake Area Discovery Center 401(k) Plan in the asset neighbourhood

Lake Area Discovery Center 401(k) PlanLake Area Discovery Center 4…$1MNortheast Texas Restoration, Inc. 401(k) Profit Sharing PlanNortheast Texas Restoration,…$1MHarborside Holdings Corporation 401(k) PlanHarborside Holdings Corporat…$1MAutomated Doors & Access, Inc. 401(k) PlanAutomated Doors & Access, In…$1MPhoenix Wire Cloth, Inc. Union 401(k) PlanPhoenix Wire Cloth, Inc. Uni…$1M
End-of-year total assets ($M) among Lake Area Discovery Center 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$907K
Net Assets (End of Year)$1M
Net Income$322K
Employer EIN411937239
Plan Effective Date2017-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lake Area Discovery Center)

Sponsor-wide plan assets over time

All Lake Area Discovery Center plans reported in each filing year

Latest sponsor-wide plan assets
$1M 111.29816704674047% vs 2022
2024 filing year
$0.4M$0.6M$0.8M$1M$1.2M$1.4M 202220232024 $0.58M $1.23M ▲ +112.1%
Year Plans Participants Total Assets
2022 1 163 $581K
2023 1 185 $907K
2024 1 225 $1M

Nearby 401(k) Plans in Minnesota

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

Lake Area Discovery Center 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Lake Area Discovery Center 401(k) Plan, Total assets ($B): 0.001228627 · Participants: 225Lake Area Discovery Center 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Lake Area Discovery Center 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Lake Area Discovery Center 401(k) Plan side-by-side with 3 peers →

Lake Area Discovery Center 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Northeast Texas Restoration, Inc. 401(k) Profit Sharing Plan in TX ($1M); by covered participants it is West-Mark Retirement Plan in CA (225 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (225 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Lake Area Discovery Center 401(k) Plan assets move in 2024? ▼
Lake Area Discovery Center 401(k) Plan surged - up 35.5% during 2024, from $907K to $1M. Reported net income was $322K.
How have Lake Area Discovery Center plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lake Area Discovery Center's sponsor-wide assets grew 111.3%, from $581K to $1M.
Where does Lake Area Discovery Center 401(k) Plan rank by assets among Form 5500 filers? ▼
Lake Area Discovery Center 401(k) Plan ranks in the 25th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the lower half of filed plans by assets).
Which 401(k) plans are similar in size to Lake Area Discovery Center 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Northeast Texas Restoration, Inc. 401(k) Profit Sharing Plan in TX ($1M, 2 participants).
Which 401(k) plans cover a similar participant headcount to Lake Area Discovery Center 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is West-Mark Retirement Plan in CA (225 participants, $11M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 411937239.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.