Plan Snapshot
- Plan Sponsor: Louisville Paving Company, INC.
- Sponsor EIN: 611256623
- Sponsor Address: 15415 SHELBYVILLE RD, LOUISVILLE, KY, 40245
- Plan Type: 401(k)
- Total Participants: 582
- Total Assets: $35.4M
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 | 582 | $35.4M | $3.9M | $2.1M |
| 2023 | 486 | $30.0M | $4.8M | $1.8M |
| 2022 | 533 | $24.6M | $3.9M | $1.4M |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS, | RECORDKEEPER | $75,463 | — | $75,463 |
| MC FINANCIAL SERVICES, INC. | INVESTMENT ADVISORY-PLAN | $30,435 | — | $30,435 |
| LEAFHOUSE FINANCIAL ADVISORS, LLC | INVESTMENT ADVISORY PLAN | $17,925 | — | $17,925 |
| BENEFITS ADMINISTRATORS, LLC | RECORDKEEPER | $15,650 | $214 | $15,864 |
| CHERRY BEKAERT LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS, — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $139,687
- Estimated Expense Ratio: 0.394% 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 | $139,473 | $48,361 | $91,112 | — | — |
| 2023 | $148,407 | $57,594 | — | — | — |
| 2022 | $101,311 | — | — | — | $101,311 |