Plan Snapshot
- Plan Sponsor: Louisville Paving Company, INC.
- Sponsor EIN: 611256623
- Sponsor Address: 15415 SHELBYVILLE RD, LOUISVILLE, KY, 40245
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 843
- Total Assets: $43.8M
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. |
|---|---|---|---|---|
| 2025 | 843 | $43.8M | $0 | $0 |
| 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 | $96,948 | — | $96,948 |
| MC FINANCIAL SERVICES, INC. | Investment Advisor | $35,555 | — | $35,555 |
| BENEFITS ADMINISTRATORS, LLC | Recordkeeper | $26,494 | — | $26,494 |
| LEAFHOUSE FINANCIAL ADVISORS, LLC | Investment Advisor | $18,203 | — | $18,203 |
| CHERRY BEKAERT LLP | Auditor | $14,070 | — | $14,070 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $191,270
- Estimated Expense Ratio: 0.437% 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 |
|---|---|---|---|---|---|
| 2025 | $5,465,689 | $53,758 | $26,494 | $14,070 | — |
| 2024 | $139,473 | $48,361 | $91,112 | — | — |
| 2023 | $148,407 | $57,594 | — | — | — |
| 2022 | $101,311 | — | — | — | $101,311 |