Plan Snapshot
- Plan Sponsor: Lb Industries, INC.
- Sponsor EIN: 362047660
- Sponsor Address: PO BOX 15430, COVINGTON, KY, 41015
- Plan Type: 401(k)
- Total Participants: 82
- Total Assets: $13.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|
| 2024 | 82 | $13.0M | $300,000 | $223,390 |
| 2023 | 74 | $13.6M | $400,000 | $185,181 |
| 2022 | 79 | $11.5M | $300,000 | $151,259 |