Plan Snapshot
- Plan Sponsor: Logan Aluminum INC.
- Sponsor EIN: 611064243
- Sponsor Address: 6920 LEWISBURG ROAD, RUSSELLVILLE, KY, 42276
- Plan Type: DB
- Total Participants: 258
- Total Assets: $287.2M
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 | 258 | $287.2M | $9.7M | $0 |
| 2023 | 287 | $291.8M | $10.0M | $0 |
| 2022 | 316 | $276.7M | $10.6M | $0 |
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 |
|---|---|---|---|---|
| MERCER INVESTMENTS LLC | NONE | $1,070,106 | — | $1,070,106 |
| PRINCIPAL | NONE | $30,519 | — | $30,519 |
| FRAZIER & DEETER LLC | NONE | $29,000 | — | $29,000 |
| CAPTRUST FINANCIAL ADVISORS | NONE | $26,578 | — | $26,578 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,156,203
- Estimated Expense Ratio: 0.403% 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 | $2,141,527 | $1,096,684 | — | $29,000 | — |
| 2023 | $2,305,020 | $1,258,544 | $27,928 | — | — |
| 2022 | $2,696,292 | $1,730,833 | — | — | $35,929 |