Lake Forest Academy 403(b) match, vesting and fees
What Lake Forest Academy's 403(b) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Sikich Cpa LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 403(b) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2025 medians for 590 defined-contribution plans in educational services with 100 to 499 participants.
| Lake Forest Academy: employer contribution per participant | $6,143 | |
| Peer median | $1,800 |
| Lake Forest Academy: average balance | $236,199 | |
| Peer median | $72,234 |
| Lake Forest Academy: admin expenses ÷ assets | 0.31% | |
| Peer median | 0.18% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $38M at the end of plan year 2021 to $48.9M at the end of plan year 2025.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2025 | 227 | $48.9M | $1.3M | $6,143 | 0.31% | Not published | Form 5500 ↗ |
| 2024 | 215 | $43.8M | $1.2M | $6,063 | 0.30% | Not published | Form 5500 ↗ |
| 2023 | 175 | $37.3M | $1M | $6,284 | 0.31% | Not published | Form 5500 ↗ |
| 2022 | 169 | $30.7M | $1M | $6,277 | 0.30% | Not published | Form 5500 ↗ |
| 2021 | 160 | $38M | $982K | $6,252 | 0.32% | Not published | Form 5500 ↗ |
Common questions
Does Lake Forest Academy match 401(k) contributions?
The match terms for the Lake Forest Academy Defined Contribution Plan have not been published from its filing yet. The plan year 2025 filing reports $1.3M in employer contributions, about $6,143 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Lake Forest Academy 401(k) match vested?
The vesting schedule for the Lake Forest Academy Defined Contribution Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Lake Forest Academy 401(k)?
The recordkeeper listed on Schedule C of the plan year 2025 filing is Principal Life Insurance Company. The plan administrator is Lake Forest Academy.
I left Lake Forest Academy. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Lake Forest Academy, (847) 615-3209) or the recordkeeper, Principal Life Insurance Company. The Lake Forest Academy old 401(k) page lists the contacts from every plan filing. Find an old Lake Forest Academy 401(k)
Data from the public Form 5500 annual reports Lake Forest Academy filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Lake Forest Academy. Not financial advice. Report a correction · Methodology