Plan Ledger DOL Form 5500 · updated monthly

Louisville Tile Distributors Inc401(k)

LOUISVILLE TILE DISTRIBUTORS, INC RETIREMENT PLAN · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Louisville Tile Distributors Inc reported $7,890 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,557 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 fell from 0.09% to 0.07%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 419th-largest of 871 plans among Kentucky employers on file, and 2,650th of 4,246 in wholesale trade. In 2024, employees put in $2.92 for every $1.00 the employer contributed; active participation has grown from 163 to 220 since 2022.

Plan summary
Net assets, end of year$12,226,968
Participants with balances304
Active participants220
Employer contributions$342,543
Employee contributions$1,000,711
Employer contribution per active participant$1,557
Average account balance$40,220
Benefits paid to participants$2,081,638
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$12.2M · 304 accts · $343K emplr
2023$11.4M · 301 accts · $314K emplr
2022$9.2M · 151 accts · $181K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,890
Total administrative$7,890
The Louisville Tile Distributors Inc 401(k) match · 2024
Employer contribution per active participant$1,557
Median for plans this size$2,416
2024$1,557 per active participant
2023$1,154 per active participant
2022$1,113 per active participant

Louisville Tile Distributors Inc's 2024 employer contribution ran below the $2,416 median for plans its size. 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 · 20241
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$8,010

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$7,890 · 0.07%
2023$10,242 · 0.10%
2022$10,449 · 0.09%
Same employer
Similar plansWholesale Trade · Kentucky
Glantz Holdings, Inc. KY$15.1M · 0.50%
Kentucky Eagle, Inc. KY$15.0M · 0.01%
Creation Gardens, Inc. KY$13.5M · 0.80%
Avkare, LLC KY$10.4M · 0.26%
Hillsdale Furniture LLC KY$10.1M · 0.02%
Neat & Wilson, Inc KY$9.4M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610604164 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.