Employers › LG&E & KU Energy
Recordkeeping fees per participant · LG&E and KU Savings Plan · plan year 2024
$18.21
Higher than 22% of the 790 plans over $1B that report it.
= $64,247 / 3,529
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251014133352NAL0004090144001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014133352NAL0004090144001, received 2025-10-14
Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-14.
Administrative expenses excluding investment management, per participant
$20.80
Higher than 18% of the 1,045 plans over $1B that report it.
= $73,405 / 3,529
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014133352NAL0004090144001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014133352NAL0004090144001, received 2025-10-14
Administrative expenses per participant
$20.80
Higher than 8% of the 1,076 plans over $1B that report it.
= $73,405 / 3,529
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014133352NAL0004090144001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014133352NAL0004090144001, received 2025-10-14
Administrative expenses as a share of assets
0.007%
Higher than 6% of the 1,076 plans over $1B that report it.
= $73,405 / $1,015,412,684
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014133352NAL0004090144001, received 2025-10-14
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014133352NAL0004090144001, received 2025-10-14
Employer contributions per participant
$6,341
Higher than 79% of the 1,135 plans over $1B that report it.
= $22,377,588 / 3,529
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014133352NAL0004090144001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014133352NAL0004090144001, received 2025-10-14
Employer share of total contributions
39.7%
Higher than 74% of the 1,135 plans over $1B that report it.
= $22,377,588 / $56,391,441
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014133352NAL0004090144001, received 2025-10-14
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014133352NAL0004090144001, received 2025-10-14
97.7% of this plan's assets are held in a master trust. Costs reported at the trust level and allocated by the plan's share: administrative expenses $0 ($20.80 per participant including the plan's own Schedule H). Benchmarks and percentiles use the plan's own Schedule H only.
Plan terms are described in LG&E & KU Energy LLC's SEC filings: Form 10-K filed 2021-02-18. No term could be quoted from them with the required precision.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2R participant brokerage window · 2S pre-approved plan document · 2T default investment (QDIA) · 3F · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251014133352NAL0004090144001, received 2025-10-14
| Field | Value | Source |
|---|---|---|
| Plan sponsor | LG&E AND KU ENERGY LLC | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251014133352NAL0004090144001, received 2025-10-14 |
| Plan name | LG&E AND KU SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251014133352NAL0004090144001, received 2025-10-14 |
| Sponsor EIN / plan number | 20-0523163 / 005 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251014133352NAL0004090144001, received 2025-10-14 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251014133352NAL0004090144001, received 2025-10-14 |
| Sponsor location | LOUISVILLE, KY | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251014133352NAL0004090144001, received 2025-10-14 |
| Industry (business code) | 221100, Utilities | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251014133352NAL0004090144001, received 2025-10-14 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251014133352NAL0004090144001, received 2025-10-14 |
| Filing received | 2025-10-14 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251014133352NAL0004090144001, received 2025-10-14 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251014133352NAL0004090144001, received 2025-10-14 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251014133352NAL0004090144001, received 2025-10-14 |
| Participants, beginning of year | 3,650 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251014133352NAL0004090144001, received 2025-10-14 |
| Active participants | 2,706 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251014133352NAL0004090144001, received 2025-10-14 |
| Participants, end of year | 3,571 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251014133352NAL0004090144001, received 2025-10-14 |
| Participants with an account balance | 3,529 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014133352NAL0004090144001, received 2025-10-14 |
| Total assets, beginning of year | $918,603,641 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251014133352NAL0004090144001, received 2025-10-14 |
| Total assets, end of year | $1,015,412,684 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014133352NAL0004090144001, received 2025-10-14 |
| Net assets, end of year | $1,015,412,684 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251014133352NAL0004090144001, received 2025-10-14 |
| Total income | $228,962,090 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251014133352NAL0004090144001, received 2025-10-14 |
| Net income | $118,653,510 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251014133352NAL0004090144001, received 2025-10-14 |
| Employer contributions | $22,377,588 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014133352NAL0004090144001, received 2025-10-14 |
| Participant contributions | $32,372,176 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251014133352NAL0004090144001, received 2025-10-14 |
| Other contributions (incl. rollovers) | $1,641,677 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251014133352NAL0004090144001, received 2025-10-14 |
| Total contributions | $56,391,441 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014133352NAL0004090144001, received 2025-10-14 |
| Benefit payments | $110,191,854 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251014133352NAL0004090144001, received 2025-10-14 |
| Total expenses (incl. benefit payments) | $110,308,580 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251014133352NAL0004090144001, received 2025-10-14 |
| Total administrative expenses | $73,405 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014133352NAL0004090144001, received 2025-10-14 |
| Recordkeeping fees | $64,247 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251014133352NAL0004090144001, received 2025-10-14 |
| Administrative expenses excluding investment management | $73,405 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014133352NAL0004090144001, received 2025-10-14 |
| Held in master trusts | $992,442,581 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251014133352NAL0004090144001, received 2025-10-14 |
| Independent auditor | BAKER TILLY US, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251014133352NAL0004090144001, received 2025-10-14 |
Position = column in the DOL layout for form year 2024. Filing 20251014133352NAL0004090144001, received 2025-10-14.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $64,897 | no |
| K&L GATES | ATTORNEY/LEGAL | 29 Legal | $9,158 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251014133352NAL0004090144001, received 2025-10-14.
PPL DEFINED CONTRIBUTION MASTER TRU (EIN 233041441, PN 008): plan interest $992,442,581, 41.7% of the trust. The trust's own filing (20251014133230NAL0004085824001, received 2025-10-14) reports net assets $2,380,730,780, administrative expenses $0, recordkeeping fees not reported, investment management fees not reported and 0 Schedule C providers.
Schedule D Part I of the plan's filing; the trust's Schedule H and Schedule C. Allocation = the plan's interest divided by the trust's net assets.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $918,603,641 | $1,015,412,684 | 10.5% |
| Participants with a balance | 3,663 | 3,529 | -3.7% |
| Administrative expenses | $119,188 | $73,405 | -38.4% |
| Recordkeeping fees per participant | $32.44 | $18.21 | -43.9% |
| Employer contributions | $20,973,011 | $22,377,588 | 6.7% |
Prior filing 20241011090818NAL0043127410001, received 2024-10-11; the plan years are contiguous.
Sponsor name as filed: LG&E AND KU ENERGY LLC; SEC registrant: LG&E & KU Energy LLC (CIK 1518339, matched by EIN).