Plan Snapshot
- Plan Sponsor: Lg&E And Ku Energy, LLC
- Sponsor EIN: 200523163
- Sponsor Address: 2701 EASTPOINT PARKWAY, LOUISVILLE, KY, 40223
- Plan Type: 401(k)
- Plan Number: 520
- Total Participants: 2,585
- Total Assets: $5.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,585 | $5.3M | $10.0M | $3.8M |
| 2023 | 3,068 | $5.2M | $14.2M | $4.0M |
| 2022 | 3,068 | $4.1M | $11.7M | $4.4M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| ANTHEM HEALTH PLANS OF KY, INC. | Recordkeeper | $505,786 | — | $505,786 |
| TELUS HEALTH (US) LTD. | Recordkeeper | $413,293 | — | $413,293 |
| EXPRESS SCRIPTS, INC. | Recordkeeper | $177,646 | — | $177,646 |
| BAKER TILLY US, LLP | Auditor | $46,947 | — | $46,947 |
| BANK OF NEW YORK MELLON | Custodian / Trustee | $6,910 | — | $6,910 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ANTHEM HEALTH PLANS OF KY, INC. — Recordkeeper
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,150,582
- Estimated Expense Ratio: 21.727% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $1,320,576 | $53,817 | — | — | — |
| 2023 | $1,642,382 | $7,000 | $1,635,382 | — | — |
| 2022 | $1,507,566 | $6,820 | $1,500,746 | — | — |