Plan Ledger DOL Form 5500 · updated monthly

Louisville Paving Company, Inc.401(k)

LPX, INC. & SUBSIDIARIES 401K RETIREMENT SAVINGS PLAN · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.43%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Louisville Paving Company, Inc. reported $139,473 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $6,667 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.39% to 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 192nd-largest of 871 plans among Kentucky employers on file, and the 1,366th of 5,337 in construction. In 2024, the employer put in $1.86 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$35,443,469
Participants with balances730
Active participants582
Employer contributions$3,880,391
Employee contributions$2,091,043
Employer contribution per active participant$6,667
Average account balance$48,553
Benefits paid to participants$4,884,014
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$35.4M · 730 accts · $3.9M emplr
2023$30.0M · 673 accts · $4.8M emplr
2022$24.6M · 942 accts · $3.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$91,112
Investment management$48,361
Total administrative$139,473
The Louisville Paving Company, Inc. 401(k) match · 2024
Employer contribution per active participant$6,667
Median for plans this size$2,416
2024$6,667 per active participant
2023$9,925 per active participant
2022$7,409 per active participant

Louisville Paving Company, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
TRANSAMERICA RETIREMENT SOLUTIONS, · Recordkeeping · Loan processing$75,463
BENEFITS ADMINISTRATORS, LLC · Recordkeeping · Loan processing$15,650
MC FINANCIAL SERVICES, INC. · Investment advisory (plan)$30,435
LEAFHOUSE FINANCIAL ADVISORS, LLC · Investment advisory (plan)$17,925

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024BENEFITS ADMINISTRATORS, LLC, Transamerica
2023BENEFITS ADMINISTRATORS, LLC, Transamerica

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Administrative cost history3
2024$139,473 · 0.43%
2023$148,407 · 0.54%
2022$101,311 · 0.39%
Same employer
Similar plansConstruction · Kentucky
Rcss Holdings, Inc. KY$43.7M · 0.01%
Ivan Ware & Son Inc. KY$32.4M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611256623 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.