How big is Louada Granite's plan?

Louada Granite's plan reported $516K in assets and 14 participants for 2024.

Original filing (PDF)20250625110028NAL0008027473001

Louada Granite

Name: Louada Granite — Louada Granite 401(k) Plan, Form 5500 (2024)
Creator: Louada Granite
License: https://www.usa.gov/government-works

Form 5500-SF

FILING_RECEIVED

Louada Granite 401(k) Plan

401(k) retirement plan · Louada Granite's Louada Granite 401(k) Plan held $516K in plan assets for 14 participants in 2024.

Signals · 1

High average account balance

Active participants

Accounts w/ balance

Plan assets (EOY)

$516K

Net assets (EOY)

$516K

People on this filing

Melissa Versnik signed Louada Granite's 2024 Form 5500 as plan administrator.

Melissa Versnik — Plan Administrator — Form 5500 signer

Get verified email & phone for these signers

Signer names are public record from the Form 5500 e-signature.

Plan identifiers

Louada Granite's EIN is 86-2848052.

EIN 86-2848052

Plan number 001

Plan year 2024

ACK ID 20250625110028NAL0008027473001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for Louada Granite from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

Louada Granite's plan includes profit-sharing, ERISA 404(c) participant direction, a 401(k) feature, a default investment (QDIA).

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for LOUADA GRANITE.

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Plan health score

Top-tier plan health

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool. Based on 70% of scoring inputs for this filing.

Compliance & integrity

100

Total plan cost

n/a

Plan health

Vendor & structure

100

Knocking points off

Low account-holder ratio — balance-holders per active participant in the bottom quartile of peers (7th percentile).

Helping the score

Cost not scored — no comparable Schedule H expense data for this cohort.
High average account balance (95th percentile).

Plan sponsor

Name

LOUADA GRANITE

EIN

all filings

Address

4915 RICE LAKE · DULUTH, MN · 55803

Phone

(218) 722-4244

Industry

Manufacturing

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

001

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-06-25

Pension benefit codes

2A · Age/service weighted or new comparability

2E · Profit-sharing

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2J · 401(k) feature

2T · Default investment account (QDIA)

3D · Pre-approved plan (master / prototype / VS)

Audit & trust (Schedule H)

Service providers (Schedule C)

Small plans don't disclose service providers

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