Louisiana-Pacific Corporation 401(k) Review & Grade
Louisiana-Pacific 401(k) and Profit Sharing Plan
Nashville, TNManufacturing2,760 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$6,967Employer $ per active participant
$7,508Employee $ saved per active participant
0.13%Direct admin cost, % of plan assets
$560.7MNet plan assets, end of year
$142,198Average balance per account
Score breakdown
- Employer generosity42.2 / 5084th percentile for employer $ per participant
- Low cost12.0 / 2548th percentile for low admin cost vs. same-size plans
- Employee saving9.6 / 1564th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score74 / 100 · Grade B
This plan vs. peers
Peers: Manufacturing plans with 2,500–9,999 active participants (566 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 84th |
| Lower admin cost | 48th |
| Employee saving | 64th |
| Peers that auto-enroll | 70% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Louisiana-Pacific put in about $6,967 per active participant, more than the typical peer ($3,452). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $19,224,246 |
| Participant (employee) contributions | $20,717,716 |
| Other contributions (incl. rollovers in) | $2,836,706 |
| Administrative expenses paid from the plan | $697,000 |
| Investment advisory & management fees | $16,975 |
| Other admin expenses | $353,090 |
| Benefits paid out | $82,442,867 |
| Net assets, start / end of year | $522.3M / $560.7M |
| Active participants, start / end of year | 2,716 / 2,803 |
| Participants with account balances | 3,943 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Lbmc, PC |
| Employer stock held by plan | $45,616,132 |
Largest service providers (Schedule C)
| T Rowe Price RPS Inc | $326,935 reported compensation |
| RVK, Inc. | $55,233 reported compensation |
| R. V. Kuhns & Associates Inc | $18,591 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250716121119NAL0004292784001, received 2025-07-16, EIN 93-0609074, plan #040, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.