Retirement plan

LPX, INC. & SUBSIDIARIES 401K RETIREMENT SAVINGS PLAN

Name: LOUISVILLE PAVING COMPANY, INC. - LPX, INC. & SUBSIDIARIES 401K RETIREMENT SAVINGS PLAN (2019) Form 5500
Creator: LOUISVILLE PAVING COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LPX, INC. & SUBSIDIARIES 401K RETIREMENT SAVINGS PLAN, LOUISVILLE PAVING COMPANY, INC.

LOUISVILLE PAVING COMPANY, INC.EIN 61-1256623Plan #002PY 2019

15415 SHELBYVILLE RD - LOUISVILLE, KY 40245502-815-4104

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$19.3M

+29.6% from 2018

Total participants

765

+23.0% from 2018

Average account balance

$31,155

+11.1% from 2018

Annual return

24.88%

+25.80 pp from 2018

Benchmarks

See 1,258 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,258 peers

Snapshot2019

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$35.44M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$49K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

730

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

81.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.97M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+14.42%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$191

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 4 by compensation

Provider	Service type	Compensation
MC FINANCIAL SERVICES, INC.5+ years Service code 27 · EIN 30-0018418	Advisory (Plan)	$30,370
TRANSAMERICA RETIREMENT SOLUTIONS1 year Filed as: TRANSAMERICA RETIREMENT SOLUTIONS, Service code 15 · EIN 13-3689044	Recordkeeping	$25,625
BENEFITS ADMINISTRATORS, LLC5+ years Service code 15 · EIN 61-1291181	Recordkeeping	$7,086
MCA CPAS & ADVISORS LLP1 year Service code 10 · EIN 61-1005371	Accounting	$1,442

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$63K

$130 / participant

Other / not subdivided$63K100.0%

% of EOY assets

0.328%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: MCM CPAS & ADVISORS LLP
Auditor EIN: 271235638
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$31,155

$66,601-53.2%

$92,903-66.5%

$67,579-53.9%

Participation rate

69.7%

72.5%-2.8pp

76.0%-6.3pp

71.3%-1.6pp

Annual return

24.88%

92.58%-67.7pp

109.43%-84.6pp

378.56%-353.7pp

Employer contribution / active EE

$2,682

$2,775-3.4%

$3,653-26.6%

$2,148+24.9%

Participant deferral / active EE

$2,157

$3,157-31.7%

$4,238-49.1%

$3,539-39.1%

Admin fee / account holder

$102

$199-48.6%

$5,795-98.2%

$142-28.2%

Provider

Service type

Compensation

MC FINANCIAL SERVICES, INC.5+ years

Service code 27 · EIN 30-0018418

Advisory (Plan)

$30,370

TRANSAMERICA RETIREMENT SOLUTIONS1 year

Filed as: TRANSAMERICA RETIREMENT SOLUTIONS,

Service code 15 · EIN 13-3689044

Recordkeeping

$25,625

BENEFITS ADMINISTRATORS, LLC5+ years

Service code 15 · EIN 61-1291181

Recordkeeping

$7,086

MCA CPAS & ADVISORS LLP1 year

Service code 10 · EIN 61-1005371

Accounting

$1,442

LPX, INC. & SUBSIDIARIES 401K RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LPX, INC. & SUBSIDIARIES 401K RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion